Remove Applicants Remove Document Remove Lease
article thumbnail

The Importance of an Accurate Rental Application

American Apartment Owners Association

The importance of a thorough and accurate rental application cannot be overstated. A comprehensive rental application can protect you from undesirable tenants and future problems, such as evictions and damage to your investment property. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members.

article thumbnail

How to lease recreational HOA amenities to owners

Condo Control

Table of contents Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference? Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference? Whats in it for the HOA? The short answer is yes.

Lease 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Multifamily Applicant Fraud Becoming a Widespread Challenge

Rental Housing Journal

Multifamily applicant fraud is becoming a widespread challenge for the industry as fraudsters become more inventive, according to the State of Applicant Fraud Report from Snappt , an AI document-fraud-detection company for multifamily property managers.

article thumbnail

Can You Cancel a Lease? Here’s Everything You Need to Know

Bay Property Management Group

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. Proper documentation and communication are essential in all cases.

Lease 130
article thumbnail

Important Lease Clauses For Landlords

Beach Front Property Management

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. Numerous websites offer customizable lease templates that let you tailor clauses.

Lease 130
article thumbnail

A New Year Reminder: Strengthening Policies, Procedures, and Written Communication in Property Management

American Apartment Owners Association

They provide a clear framework for staff to understand their responsibilities and adhere to fair housing laws, ensuring consistent application of these principles across the board. These documents must be living resources, regularly reviewed and updated to reflect changes in legislation or operational needs.

article thumbnail

What are the Penalties for Breaking a Lease: A Primer

Bay Property Management Group

Unfortunately, you may face penalties for breaking a lease. As such, weve mapped out what those consequences entail, how to possibly reduce them, and instances when you can break a lease without a penalty altogether. What Are the Penalties for Breaking a Lease? Read below for more information.

Lease 130