Property Management News
Settlement Discussions Taking Place with U.S. Department of Justice The lawsuit, Darby Development Company, Inc. v. United States, filed in the U.S. Court of Federal Claims, challenges the legality of the federal government’s COVID-19 eviction moratorium. The dispute centers on whether the Centers for Disease Control and Prevention’s (CDC) nationwide halt on residential evictions constituted a compensable taking of landlords’ property under the Fifth Amendment After initially losing in the Court of Federal Claims in 2022, a group of landlords won on appeal and are now hoping to recoup as much as $1.5 billion from the Justice Department over losses they suffered as a result of the... Read more
Evicting a resident is always a stressful operational hurdle, but when that resident has a disability, the professional stakes go through the roof. Property managers...
After racking up almost 2,000 violations, two Bronx landlords have been ordered to pay tens of millions of dollars in penalties over the conditions of their...
Los Angeles landlord Michael Renkow already had a sinking feeling when one of the new tenants at his Hollywood apartment building, “Igor,” was two hours late to pick...
When Aron Sotnikoff got a letter from an attorney seeking a payout for an apartment tenant who slipped and fell in standing water at one of his firm’s...
With expenses high and rent growth sluggish, apartment landlords are increasing add-on charges for renters as the Federal Trade Commission once again zeroes in on so-called “junk fees.” These fees, levied on everything from utilities to valet services for trash, can add hundreds of dollars for tenants who may already struggle with their rent, causing the FTC to consider new rules for fee transparency. “These rental fees that we see pop up in all sorts of contexts can be real pain points for renters who are already cash-strapped and have seen rental costs go up for many, many years now,” Center for American Progress Senior Fellow for Economic Policy Chad Maisel... Read more
KEY TAKEAWAYS Rental fees are increasingly regulated to address high upfront housing costs. Caps on application fees and security deposits are now common in several...
For apartment owners getting unusual calls from insurance companies about deck inspection reports, the deck inspection conversation isn’t theoretical anymore –...
A New York State Supreme Court Judge has ordered one of the city’s “Worst Landlords” to cough up more than $2.1M in fines and follow a strict timeline to make...
Most multifamily marketers know the obvious fair housing violations. No one’s writing “singles only” in a listing description. But the violations that...
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