RL Property Management

JANUARY 13, 2025

When it comes to managing rental properties, Fair Housing compliance for landlords is essentialits the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. Failing to prioritize Fair Housing compliance for landlords can result in costly fines and legal battles.

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Compliance Landlord Regulation Property Management 52

Bay Property Management Group

DECEMBER 12, 2024

Note that you must follow Fair Housing Laws through every step of this process: Draft a comprehensive rental application: In this step, you can gather important information about a prospective tenant. For self-employed applicants, ask for recent tax returns or financial statements. Contact us today to learn more!

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Tenant Applications Applicants Property Management 130

Yardi Breeze

DECEMBER 6, 2024

Affordable housing operators may want to consider adding RentCafe Affordable Housing , which allows residents to apply or recertify via integrated compliance workflows. Does an applicant have to pay before completing the application process? Essentially, its the engine running your business and your system of record.

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Property Management Software Property Manager Property Management Management 130

Bay Property Management Group

DECEMBER 23, 2024

A property manager, on the other hand, handles day-to-day operations, including tenant relations, rent collection, and ensuring compliance, acting as an intermediary on behalf of the landlord. After all, they handle hiring staff, screening tenants, and approving applicants independently, without requiring your input.

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Property Management Property Manager Landlord Management 147

AirKeeper

JANUARY 5, 2025

AirKeepers expertise in short-term rental management ensures property owners can confidently meet compliance requirements without the stress of managing the complexities themselves. These guidelines are designed to maintain safety, transparency, and compliance for both hosts and guests.

Airbnb 130

Airbnb Compliance Regulation Property 130

Yardi Breeze

JANUARY 3, 2025

The first reporting deadline was delayed from January 1, 2025, to January 13, 2025 (applicable to businesses formed before January 1, 2024). The bottom line : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. or any of its affiliates.

Compliance 130

Compliance Property Management Property Manager Government 130

HOA Managememt

NOVEMBER 28, 2024

The board can also consult legal counsel to ensure compliance with applicable laws. How to Create and Enforce a Social Media Code of Conduct To create a social media code of conduct, the board should work together to draft clear and specific guidelines. It’s best to review examples from other HOAs.

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Media Consulting Government Compliance 246

Bay Property Management Group

DECEMBER 30, 2024

Non-Discrimination: On a related note, landlords must comply with Fair Housing Laws, the Fair Credit Reporting Act, the American with Disabilities Act, and other applicable federal, state, and local laws. As a rule, you should hire professionals to ensure your property is compliant with applicable safety codes. Always put this first.

Rent 147

Rent Lease Agreement Lease Landlord 147

Yardi Breeze

NOVEMBER 22, 2024

Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). What if someone isnt sure what to do next?

Compliance 130

Compliance Property Management Property Manager Government 130

Yardi Breeze

NOVEMBER 22, 2024

TL;DR : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCEN’s BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). What if someone isn’t sure what to do next?

Compliance 130

Compliance Property Management Property Manager Regulation 130

HOA Managememt

AUGUST 8, 2024

If the HOA tries to take out a loan , lenders will likely deny the application or impose a high interest rate. Without an HOA board, these tasks would fall by the wayside. Buyers don’t want to join a poorly managed association, while lenders don’t want to approve home loans in a struggling community.

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Education Government Management IT 246

HOA Managememt

AUGUST 27, 2024

As AI technology advances, its potential applications within HOA communities are growing. AI can also assist in ensuring compliance with legal requirements and regulations. This means ensuring the secure storage of personal data and the compliance of AI systems with relevant data protection laws.

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IT Compliance Maintenance Condominium 130

American Apartment Owners Association

DECEMBER 5, 2024

In this blog post, we’ll explore the concept of bonus depreciation, its application to multifamily properties, and how you can leverage it to maximize your investment returns. Working with a knowledgeable tax advisor can help ensure compliance and maximize potential savings. What is Bonus Depreciation?

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Real Estate Consulting Compliance Applications 130

HOA Managememt

SEPTEMBER 12, 2024

Board members and community managers alike have a duty to ensure legal compliance. It also serves as proof of compliance. If a homeowner’s application for hurricane protection complies with the HOA’s specifications, the association cannot deny it. What are the New Florida HOA Laws 2024?

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Condominium Education Electronics Government 219

Real Property Management Chicago

SEPTEMBER 21, 2023

Finding trustworthy renters, taking care of upkeep and repairs, and ensuring compliance with local laws are all part of managing a rental property. More work is generated as a result, including more advertising, applicant screening, rent collection, move-ins and move-outs, and upkeep.

Single-Family Home 130

Single-Family Home Real Estate Management Commercial Property 130

Bay Property Management Group

JANUARY 19, 2025

Is prorated rent applicable for short-term leases? We also handle repairs and maintenance, move-in and out procedures, drafting lease agreements, and compliance with tenant and landlord rights. Prorated rent can apply to both. Yes, landlords can apply prorated rent to short-term leases. And that’s far from all we do.

Rent 130

Rent Landlord Tenant Lease 130

MRI Software

AUGUST 2, 2024

Tax returns, particularly Form 1040, provide a comprehensive view of an applicant’s income history and unearned income over the past year. Investment Income To verify investment income, property managers typically request documentation that substantiates the income reported by the applicant.

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Property Manager Property Management Management Property 52

Authority Property Management

NOVEMBER 29, 2024

Property managers can track rent payments, manage maintenance schedules, and even handle legal compliance requirements without ever leaving the platform. The repetitive nature of certain tasks—such as sending reminders for rent payments, tracking lease expiration dates, or even processing tenant applications—makes them ideal for automation.

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Property Management Property Manager Management Property 98

Authority Property Management

NOVEMBER 22, 2024

Understanding SB 1051: A Guide for Landlords on Supporting Tenant Safety and Compliance. Here’s what you can’t do under the new rules: Deny someone’s application just because they previously asked for a lock change due to abuse. Refuse applicants who’ve had run-ins with the police or emergency services stemming from abuse.

Landlord 105

Landlord Tenant Lease Compliance 105

Bay Property Management Group

DECEMBER 11, 2024

It is essential to adhere to fair housing regulations when screening tenants, leasing properties, and managing evictions to avoid potential legal issues and ensure compliance. So, ensure your property meets all applicable health and safety requirements. Ready to streamline your operations?

Management 130

Management Regulation Property Management Property Manager 130

Nest DC

SEPTEMBER 7, 2022

Fair treatment of tenants doesn’t just start at the time of reviewing an application; it starts with your rental listing going live. While fair housing covers every aspect of renting, it’s during the marketing and application screening phases that we see the most mistakes. great schools!” Want some more resources?

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Applications Applicants Applicant Screening Property 52

American Apartment Owners Association

DECEMBER 16, 2024

The functionality of security systems, if applicable. Checking compliance with lease terms, such as pet policies or smoking restrictions. While landlords have the responsibility to maintain the safety of the rental property, tenants should also take precautions to protect themselves and their belongings.

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Landlord Lease Agreement Tenant Lease 246

Bay Property Management Group

NOVEMBER 27, 2024

After all, documentation provides proof of the HOA’s actions and decisions, which ensures transparency and compliance with applicable laws. Failing to Provide the Right Documentation There are several crucial documents that HOAs must have. Not having the right documentation can make defending against claims or disputes harder.

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Government Attorney Property Management Property Manager 130

California Leasing & Management

JANUARY 2, 2025

Legal Compliance : Staying up-to-date with California’s complex landlord-tenant laws can be challenging. Background Checks : We verify applicants backgrounds to give you peace of mind. Maintenance Management : Maintenance requests can be time-consuming, but weve got it covered.

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Lease Agreement Lease Property Management Property Manager 103

Esquire Property Management Group

OCTOBER 9, 2024

To qualify, tenants must furnish a written declaration affirming compliance with these parameters, along with self-attestation regarding their workforce size. Accompanying this notice should be pertinent information, potentially including applicable Civil Code sections pertaining to the changes.

Lease 52

Lease Commercial Property Commercial Property Management Lease Agreement 52

Florida Property Management

SEPTEMBER 11, 2023

A thorough screening process helps identify applicants with a history of late payments, unpaid rent, or eviction records. Tenant screening helps you identify applicants who are more likely to respect the property and adhere to their contractual obligations, thereby safeguarding your investment's value.

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Tenant Property Applications Applicants 52

Mem Property Management

NOVEMBER 18, 2024

More clarity and precision with respect to the requirements is required reduce the burden on reporting companies and applicants as well as increasing compliance and the value of the information reported. It places a significant burden on small businesses required to collect beneficial ownership information.

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Compliance Applications Applicants IT 52

Rental Housing Journal

JANUARY 21, 2025

By The Fair Housing Institute As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence. Property management and the essential role of policies, written communication and procedures for the year ahead.

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Property Manager Property Management Management Compliance 52

Bay Property Management Group

DECEMBER 8, 2024

If the landlord initiates the termination, they must provide written notice in compliance with local regulations. As a Northern Virginia property management company, we can help you navigate the complexities of lease termination and ensure compliance with local regulations. Otherwise, it could be seen as an illegal eviction.

Lease 130

Lease Lease Agreement Landlord Tenant 130

American Apartment Owners Association

NOVEMBER 2, 2022

It also includes property inspections for safety and compliance with local and federal regulations. Follow HOA rules where applicable. You should clean the outside of the property each year, paint when needed, upkeep landscaping work and repair any balconies or patios, if applicable.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

Hosty

AUGUST 31, 2023

Useful links: Short Term Lets – Licence and permit applications – The City of Edinburgh Council Airbnb Legal Issues and Statistics for Hosts: Edinburgh Types of Short-Term Let Licenses in Edinburgh Secondary Letting. Application Procedure and Costs Online-Only Applications. Payment of the application fee.

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Airbnb License Applications Applicants 52

Condo Control

NOVEMBER 7, 2024

Non-compliance with common element changes Corporations may charge costs, plus interest, to owners that fail to comply with agreements for improving common elements. Issues caused by exceeding capacity limits Some corporations have bylaws that limit maximum number of occupants per condo unit.

Condominium 130

Condominium Government Insurance Landlord 130

Rental Housing Journal

NOVEMBER 17, 2024

Several companies now offer screening services to verify the legitimacy of ESA and service dog letters, helping property managers and landlords ensure compliance with regulations. Costs are based on your selected limit, the number of units, and responses to a brief three-page application. About the author: Deborah J.

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Insurance Agencies Insurance Landlord Applications 52

Buildium

OCTOBER 21, 2024

Whether it’s consulting with outside counsel on things like emotional support animal (ESA) applications, handling delinquencies, or managing collections, legal costs can add up. You’ll also need to budget for attorney fees.

Finance 245

Finance Management Attorney Consulting 245

Muldoon Associates

NOVEMBER 7, 2024

Avoid the most common tenant screening mistakes by having a good application in place. Verify references and speak with previous landlords and employers to get a complete picture of the applicant. Implementing Compliance Procedures. Conduct background checks that are thorough. Always run credit, criminal, and employment checks.

Lease Agreement 98

Lease Agreement Property Property Management Property Manager 98

Nest DC

NOVEMBER 3, 2022

Every step of the way, compliance with fair housing is of utmost importance. Once you’ve established acceptable, legal criteria you are ready to begin screening your first applicants. But when you get your first applications, they won’t necessarily fit neatly into your parameters.

Tenant 52

Tenant Applications Applicants Compliance 52

Nest DC

OCTOBER 4, 2023

As a housing provider, you are responsible for maintaining the property, addressing tenant concerns promptly, and ensuring compliance with local laws and regulations. When reviewing tenant applications, look for a reliable rental history, stable income, and good credit.

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Rent Professional Property Management Compliance Property Management 52