Property Management News
Most operators are underestimating how much fraud is getting through their current screening process, even if they think they’ve “tightened things up.” Emerging data suggests that application fraud is now table stakes in multifamily, not an edge case, and that a meaningful share of bad debt, evictions, and operational drag ties back to fraudulent or manipulated applications that slipped through screening. Fraud isn’t a one‑off problem Recent industry surveys show that rental application fraud has become the norm rather than the exception. Nearly all large rental housing providers report encountering fraud in the past year, and many say the volume is still... Read more
The natural instinct for any good property manager is to double-check everything. You have a duty to protect the property and follow the rules fairly for everyone on...
New York City renters are now legally entitled to clear, accessible information about whether stabilized apartments exist in their buildings. Last week, Local Law 86,...
By Nate Bernstein, Managing Attorney of LA Real Estate Law Group and Moriah Foreman, summer legal intern at LARELG. What Is Chun v. Del Cid and Why It Matters for Los...
In property management, strong customer service is often praised as the key to successful leasing and resident retention. Leasing professionals are encouraged to be...
By Nate Bernstein, Esq., Managing Attorney of LA Real Estate Law Group If you are negotiating settlement in an unlawful detainer case in Court, outside of the courtroom, attending mediation, or attending a mandatory settlement conference the process of negotiating a settlement agreement in an unlawful detainer with a tenant is usually rushed and is an “inexact science.” Sometimes in court, parties are constrained because there is usually very little time to negotiate and draft the agreement. I would keep the language of the settlement agreement simple and easy to understand — minimize the legalese. There needs to be specific tasks and specific dates for compliance. The agreement... Read more
KEY TAKEAWAYS States are introducing new rules to limit or eliminate “junk fees” in rental housing, focusing on application charges, late fees, and hidden...
Storing IDs in a drawer before verifying the identity of visitors or renters exposes both property managers and residents to serious physical dangers and security...
A rising tide of state-level action is reshaping the environment for so-called junk fees imposed by apartment landlords, marking a pronounced shift in how these...
As the holidays approach, property management professionals face the annual challenge of balancing festive spirit with compliance. Communities come alive with lights,...
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