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How a Month-to-Month Lease Agreement Works in Norfolk, VA

Osprey Property Management

Originally published September 2021. Rental property owners in Norfolk, VA, know it's important to understand how month-to-month lease agreements work. Unlike a long-term lease, a month-to-month agreement is automatically renewed unless either the tenant or landlord provides notice of non-renewal. Updated October 1, 2024.

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Resident-Centered Housing Practices Gain Momentum

American Apartment Owners Association

These are the questions landlords are asking, and Freddie Mac is using its platform to find and promote the answers.” In late 2021, the company pioneered this work through a partnership with Esusu. ” Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease.

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Short-Term Rental or Long-Term Rental: What’s the Best Fit?

Real Property Management Chicago

Pros and Cons of a Short-Term Rental A short-term rental involves a lease agreement of six months or fewer. For renters needing flexibility, a short-term lease might be perfect. Yet, short-term leases have a few drawbacks. With frequent renewals, landlords can raise rent and update policies or lease terms more often.

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Security Deposits 101: Tips and Information for Landlords

Real Property Management California Coast

Compare the security deposit rates of other landlords in your area to keep your own rates competitive. In some states, landlords must store the security deposit in an interest-bearing account, though others allow various options. Adhering to these legal and ethical rules makes you a fair and responsible landlord.

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Security Deposits 101: Tips and Information for Landlords

Real Property Management DC Metro

To stay competitive, research the security deposit amounts charged by other landlords in your area. In certain states, landlords are mandated to keep the security deposit in an interest-bearing account, while other states provide multiple options. A high security deposit request may discourage potential tenants.

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Tenant default insurance for landlords: Safeguarding your rental income

MRI Software

were behind on their rent payments in 2021? Without a plan in place, landlords can quickly find themselves scrambling to fill financial gaps. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent. Did you know that around 15% of renter households in the U.S.

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The Hidden ‘Double Whammy’ Facing Owners Who Hand Buildings Over To Lenders

American Apartment Owners Association

With billions of dollars worth of commercial real estate loans coming due, landlords with struggling properties are increasingly giving the keys to lenders and walking away. For struggling landlords, its an appealing option.