Property Management News
Key Takeaways Landlord-tenant laws vary by state, but there is general uniformity in certain areas. Landlords must provide proper notice before entering tenanted properties. Arbitrary mid-lease rent increases are not allowed unless specified in the lease or by local laws. The Fair Housing Act prohibits landlords from discriminating in rental practices. A landlord can evict tenants but must follow legal procedures and notice requirements. Roughly one in three American households (nearly 36%) lives in rentals, according to a 2020 report by the Joint Center for Housing Studies of Harvard University. Renting has also become much more common among the age groups and family types that were... Read more
Discover the hidden costs of tenant turnover and learn strategies to reduce vacancies. Complete breakdown of expenses, time investments, and proven retention tactics for...
Every residential lease includes an implied warranty of habitability—even if the lease does not expressly mention it. This legal protection serves two core purposes:...
The “buy now, pay later” (BNPL) concept is considered relatively new. But according to the Federal Reserve Bank of Richmond, BNPL is an overhaul and rebrand of...
Even New York City’s affordable housing is getting too expensive for many low-income tenants, leading to a spike in eviction filings, a new report...
At the federal level, landlords must comply with several key laws that protect tenants. These mainly address housing discrimination under the Fair Housing Act and health-related disclosure requirements, such as lead-based paint rules for older homes. Other protections are left to individual states to decide. While it is the landlord’s responsibility to follow the law, it’s important for tenants to be aware of their rights. This way, they are not taken advantage of by landlords who wish to cut corners. In fact, being responsible for providing these protections is one of the things to consider before becoming a landlord. We will cover the federal-level protections before diving... Read more
The problem of unauthorized residents in a rental unit is one that every landlord will likely encounter at some point in their career. As housing pressures and economic...
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, 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,...
Consistent rent collection and steady income remain two of the biggest challenges landlords face. A multifamily business can only succeed when rent is paid consistently....
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