Property Management News
In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. This information promotes amicable relationships and reduces the likelihood of legal conflicts. Let’s examine the specifics of these rights and obligations to assist property managers in better and more effectively navigating this complex environment. Fundamentals of Tenant’s Rights An essential tenant-right is privacy. Renters are entitled to live in tranquility and free from needless interference. Landlords and property managers must follow this rule to avoid making unnecessary or excessive admissions into the rented space. However, this isn’t always the case;... Read more
A landlord can terminate a Section 8 lease if there is just cause. A Section 8 lease is a contract between a landlord and a tenant who receives rental assistance...
Price is usually a renter’s top priority when considering a lease renewal. Most tenants will renew if rent stays the same, but significant increases often prompt...
Yes, a landlord can keep a tenant’s deposit for unpaid rent. Unpaid rent can pose a significant issue for both landlords and tenants. However, the specific rules vary...
Landlords across New York state will soon be required to notify tenants when bedbugs have infested their building. Gov. Kathy Hochul signed a bill on Friday that...
Your tenant’s lease will end soon and they are not going to renew it. Before they move out, you will need to conduct an inspection with them to determine whether any damage has been done to the home during their tenancy. As you know, a complete rental property inspection should be performed with the tenant present before and after they occupy the unit to keep track of new and existing damage. Be sure to have your camera ready to document anything notable. Each party should keep a copy of the signed checklist for their records to help prevent landlord-tenant problems. The lease agreement should state that you can deduct expenses from the security deposit to repair tenant-caused damages.... Read more
Navigating the complex terrain of squatter rights is an essential task for landlords. Understanding what squatter rights are, why they exist, and how they can impact...
Have you ever encountered challenges with a lease violation? Lease violations are common situations that can impact both homeowners and residents. Fortunately, with a...
A landlord cannot let themselves into a tenant’s property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours’ notice...
One of the most common assets that divorcing couples own is real property. In many cases, the real property is limited to the marital residence. However, some cases also...