Remove Applicants Remove Government Remove License
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

Regulatory Guidelines for Airbnb in Edinburgh

Hosty

Key Legislation for Airbnb Hosts Short-Term Letting Licenses On January 19, 2022, the Scottish Government enacted the Civic Government (Scotland) Act 1982 (Licensing of Short-Term Lets) Order 2022. Application Procedure and Costs Online-Only Applications. Payment of the application fee.

Airbnb 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

What is a Short Term Rental: Frequently Asked Questions

Renjoy

Register for any necessary licenses through the city. Prepare for additional taxes that may be applicable. Some cities and municipalities have enacted strict regulations to govern short term rentals, while others have banned them altogether. Do I have to have a license? Can I rent out my home as a short-term rental?

License 52
article thumbnail

How do property managers verify income?

MRI Software

Tax returns, particularly Form 1040, provide a comprehensive view of an applicant’s income history and unearned income over the past year. Gathering Business Documentation: Request business licenses, contracts, or invoices that can provide additional proof of ongoing work and income.

article thumbnail

California Laws to Know Before Investing In Rental Real Estate

Real Property Management California Coast

Real Estate Agency and Licensing Law One of the significant people on your investing team is your real estate agent. The laws that govern the relationship between an agent and their clients differ from state to state. In addition, you also need to know that real estate agents may or may not be in the know on property management laws.

article thumbnail

Los Angeles Landlords and Rental Investors Must Know About Los Angeles Rent Control Ordinance

Real Property Management Choice

#1: OBTAIN YOUR BUSINESS LICENSE As a property owner, if you are renting four or more units in the city of Los Angeles, you are required to obtain a business license from the city’s Office of Finance. Applicants who have evictions on their records or unfavorable credit will not waste your time. Exempt Units 1.

Rent 52
article thumbnail

How to Avoid Rental Fraud for Investors

T&H Realty

Gone are the days when a simple driver’s license sufficed. A Comprehensive Approach to Verifying Identity Includes: Government-Issued ID: Validating the ID against a database of registered IDs. Instead, technology now allows for direct connections to applicants’ bank accounts.