Property Management News

A Tenant Files for Bankruptcy. Can You Still...

By Property Management Law Solutions A Florida property manager may be days away from recovering possession when an unexpected notice arrives: the tenant has filed for bankruptcy. At that point, the eviction does not necessarily end. But the rules can change immediately. Federal bankruptcy law can temporarily stop an eviction, prevent collection of past-due rent, and limit what the landlord can do next. Whether the case can move forward depends largely on when the bankruptcy was filed and how far the eviction had already progressed. “The biggest mistake is assuming bankruptcy either ends the eviction or changes nothing,” said Tim Baldwin, managing attorney at Property Management Law... Read more

Property managers make judgment calls every day. Most can be handled through established policies, training, and good documentation. But fair housing has a way of...

A new federal housing law is putting limits on some of the country’s largest buyers of single-family homes. But for the typical independent landlord, the story is...

By Taylor Avakian, Principal Broker & Founder of The Group CRE  A couple of years ago I toured a fourplex on one of the hill streets above Sunset, a few blocks up...

By Nate Bernstein, Managing Attorney of LA Real Estate Law Group. Read Part 1 Here #8. Avoid Sweeping Limitation of Liability Clauses Property managers will often try to...

Landlord Insurance vs. Renters Insurance: What...

About the Author: Rajni Kapur is CEO of All Solutions Insurance Agency in Moreno Valley, California, one of the largest independent insurance agencies in the state. Some property owners don’t fully understand the line between landlord insurance and renters insurance, and the confusion can carry real financial consequences. Landlords sometimes assume their own policy extends protection to tenants, or that, because tenants don’t own the property, they don’t need their own insurance. However, neither of these assumptions holds in practice, and the gap can lead to disputes, costly claims and a potentially damaged reputation as a landlord. Understanding where these separate insurance... Read more

We tell residents they should feel at home in their community. We tell employees they’re a core part of that community. But do our day-to-day operations actually...

A resident has been violating a community rule for months. There has been thorough documentation, staff has issued reminders, and management is finally ready to...

By Nate Bernstein, Managing Attorney of LA Real Estate Law Group. Hiring a property management company can relieve an owner of many of the day-to-day responsibilities...

The tenant screening market is competitive with numerous tenant screeners (aka consumer reporting agencies or CRAs) battling for business from property managers and...