American Apartment Owners Association

JANUARY 16, 2025

As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence. Regular training sessions are critical to reinforce the importance of these policies and ensure all employees understand their role in maintaining compliance.

Property Management 299

Property Management Property Manager Management Compliance 299

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.

Property Management 98

Property Management Property Manager Management Compliance 98

Bay Property Management Group

DECEMBER 8, 2024

Are you thinking of ending your lease contract early? Can you cancel a lease without facing unexpected costs? While canceling a lease can lead to challenges, the proper steps and guidance can help you navigate the process with minimal hassle. What Does It Mean to Cancel a Lease?

Lease 130

Lease Lease Agreement Landlord Tenant 130

BetterWho

OCTOBER 4, 2024

Impact on business practices: Property managers must reassess their leasing processes to avoid potential litigation. Property managers should ensure that all fees are transparently communicated to prospective tenants upfront—before lease agreements or application fees are signed.

Property Management 130

Property Management Property Manager Management IT 130

Rental Housing Journal

MARCH 18, 2025

The Evolution of Communication in Property Management AI-powered chatbots and automated messaging systems are becoming the norm, helping property teams respond to resident inquiries, process maintenance requests, and even screen rental applications. Additionally, human oversight must remain a fundamental part of the process.

Compliance 58

Compliance Property Management Property Manager Education 58

MRI Software

MARCH 27, 2025

For technology leaders, its critical to understand how the practical applications of AI can help leverage its potential to drive efficiency, enhance decision-making, and gain a competitive edge. Partnering with the IT Director, they develop a data governance strategy to standardize and secure lease and financial data.

Real Estate 52

Real Estate Lease Government Compliance 52

American Apartment Owners Association

DECEMBER 16, 2024

Some key elements to consider include: The lease agreement This legally binding document outlines the terms and conditions of the rental agreement, including rental payment, lease duration, and any specific rules or restrictions. The functionality of security systems, if applicable. The presence of security cameras.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

MRI Software

FEBRUARY 25, 2025

PropTech tools made specifically for the industry, such as MRI PHA Pro , simplify compliance, reporting, and financial management, reducing the administrative workload for PHAs. Enhancing Tenant and Applicant Communication Tenant and applicant communication can be a major administrative burden.

Electronics 52

Electronics Applications Applicants Compliance 52

Yardi Breeze

DECEMBER 6, 2024

Breeze and Breeze Premier is our all-in-one property management software platform with built-in marketing, leasing, accounting and operations functionality. Affordable housing operators may want to consider adding RentCafe Affordable Housing , which allows residents to apply or recertify via integrated compliance workflows.

Property Management Software 130

Property Management Software Property Management Property Manager 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. A landlord is a person who owns property that they lease to another party in exchange for rent. What Is a Landlord?

Property Management 147

Property Management Property Manager Landlord Management 147

MRI Software

FEBRUARY 12, 2025

From tenant screening and legal compliance to property maintenance, the demands on landlords can quickly pile up and become overwhelming. These services typically include tenant screening, lease management, rent collection, and property maintenance, among others. Managing rental properties can often feel like a full-time job.

Landlord 52

Landlord Residential Property Management Residential Property Management Residential Property 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. Read below for some key tenant retention strategies.

Tenant 130

Tenant Applications Applicants Property Maintenance 130

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. Lease Agreement: You also should create a lease agreement. Lease period: Outline the duration of the lease.

Rent 147

Rent Lease Agreement Lease Landlord 147

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.

Compliance 52

Compliance Landlord Regulation Property Management 52

Esquire Property Management Group

OCTOBER 9, 2024

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.”

Lease 52

Lease Commercial Property Commercial Property Management Lease Agreement 52

MRI Software

NOVEMBER 12, 2024

Capital lease accounting, also known as finance lease accounting, refers to the method by which long-term lease agreements are recorded on the balance sheet. Let’s explore the basics of capital lease accounting and its impact on financial statements, while also delving into key considerations for proper implementation.

Lease 52

Lease Lease Agreement Finance Compliance 52

MRI Software

NOVEMBER 11, 2024

The new lease accounting standards— ASC 842 lease accounting for U.S. The new lease accounting standards: what’s changed? The new lease accounting standard introduces major shifts in how leases are reflected on financial statements. Previously, companies could keep operating leases off their balance sheets.

Lease 52

Lease Compliance Lease Agreement Finance 52

Real Property Management DC Metro

FEBRUARY 27, 2025

An essential part of consistency is ascertaining that you are heeding and utilizing the same criteria for every applicant rather than letting emotions or personal biases influence your decisions. Mistake #1: Failing to Screen Consistently Consistency is the central key to effective tenant screening.

Tenant 94

Tenant Applications Applicants Property Management 94

Yardi Breeze

FEBRUARY 12, 2025

Snappt is currently the only provider utilizing AI to uncover applicant fraud. This ensures you can confidently keep fraudulent applicants out of your property while seamlessly enhancing the performance of Yardi Breezes other screening solutions. Leasing teams are not equipped to spot these issues on their own.

Property Management 100

Property Management Property Manager Management Property 100

Bay Property Management Group

DECEMBER 11, 2024

You can achieve this by offering incentives to tenants who want to extend their leases, managing your property well, and setting competitive prices for your rental apartments to draw in new tenants. 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

MRI Software

MARCH 1, 2025

Lease agreements are a fundamental aspect of managing rental properties, helping to establish clear terms and protect both landlords and tenants. Whether you’re an experienced property owner or new to renting, choosing the right lease agreement is essential for maintaining a smooth and profitable rental operation.

Lease Agreement 52

Lease Agreement Lease Landlord Compliance 52

MRI Software

FEBRUARY 10, 2025

For landlords and property managers, effective residential leasing management is essential to reduce vacancies, attract quality tenants, and maintain a steady rental income. By focusing on areas like lease administration, maintenance, and communication, you can set your property up for long-term success.

Lease 52

Lease Property Management Property Manager Management 52

Authority Property Management

NOVEMBER 22, 2024

Understanding SB 1051: A Guide for Landlords on Supporting Tenant Safety and Compliance. No more passing the buck or hiding behind vague lease terms. And here’s the kicker: if you miss that deadline, the tenant can change the locks themselves, lease terms be darned. Got a written request from the tenant? Yep, just one day.

Landlord 106

Landlord Tenant Lease Compliance 106

California Leasing & Management

JANUARY 2, 2025

At California Leasing Property Management, we understand the unique needs of property owners in Santa Clarita and the surrounding areas. Whether you need our Lease Only service or opt for the more extensive Full Service package, we have the tools and expertise to help you succeed. However, with Full Service, we dont stop there.

Lease Agreement 104

Lease Agreement Lease Property Management Property Manager 104

American Apartment Owners Association

JANUARY 16, 2025

As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence. Regular training sessions are critical to reinforce the importance of these policies and ensure all employees understand their role in maintaining compliance.

Property Management 100

Property Management Property Manager Management Compliance 100

Authority Property Management

NOVEMBER 29, 2024

These platforms allow property managers to handle a variety of tasks—rent collection, tenant screening, lease management, maintenance requests, and even financial reporting—all in one place. Property managers can track rent payments, manage maintenance schedules, and even handle legal compliance requirements without ever leaving the platform.

Property Management 100

Property Management Property Manager Management Property 100

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 Commercial Property Management 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?

Real Estate 130

Real Estate Consulting Compliance Applications 130

Muldoon Associates

NOVEMBER 7, 2024

You need to get a resident in place who is dependable, financially able to pay rent, and willing to follow the lease terms and take care of your property. Avoid the most common tenant screening mistakes by having a good application in place. Make sure your lease agreement is clear and consistent. Be responsive.

Lease Agreement 98

Lease Agreement Property Property Management Property Manager 98

Real Property Management California Coast

FEBRUARY 28, 2025

A great part of consistency is always making sure that you are implementing the same criteria for every applicant rather than letting emotions or personal biases influence your decisions. As part of the application process, you should attentively ask prospective tenants for personal and professional references including previous landlords.

Tenant 63

Tenant Applications Applicants Property Management 63

American Apartment Owners Association

JANUARY 27, 2025

Zoning and legal issues Verify the property’s compliance with local multifamily zoning laws, rent control, insurance requirements and any upcoming legislation that may impact your purchase and expected returns.Ensure that the property complies with all local codes and zoning restrictions.

Property 130

Property Insurance Rental Income Real Estate 130

MRI Software

AUGUST 2, 2024

This process is crucial for landlords to ensure that the tenant can consistently meet rent payments throughout the lease term. Tax returns, particularly Form 1040, provide a comprehensive view of an applicant’s income history and unearned income over the past year.

Property Management 52

Property Management Property Manager Management Property 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. However, it also commonly includes charges associated with processing paperwork, such as sending out violation notices or conducting leasing permit updates.

Finance 245

Finance Management Attorney Consulting 245

California Leasing & Management

APRIL 2, 2024

However, navigating the complex landscape of rental property regulations requires a solid understanding of landlord-tenant laws, lease agreements, fair housing practices, and eviction procedures. These laws cover various topics in California, including rent control, security deposits, property maintenance, and lease termination procedures.

Regulation 52

Regulation Lease Agreement Rental Property Government 52

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?

Applications 52

Applications Applicants Applicant Screening Property 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. They may neglect maintenance, engage in destructive behavior, or violate the terms of the lease agreement. Tenant screening can help identify applicants with a history of criminal activity or violent behavior.

Tenant 52

Tenant Property Applications Applicants 52

Young Management

MARCH 14, 2024

How Much Notice Should You Give It’s generally not permissible to implement a rent increase until the current lease term concludes. Typically, landlords are required to give tenants a 30 to 60-day advance notice of a rent increase, which can vary based on the state laws and the specifics of the lease agreement.

Rent 52

Rent Lease Agreement Compliance Regulation 52