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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.

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How to Keep Your Tenants Safe

American Apartment Owners Association

A tenant screening report , including criminal reports, must be run on each rental applicant so that lawbreakers will not become tenants and become a threat to their neighbors. The applicant should also investigate the neighborhoods crime statistics. Landlords should also report suspicious activity to the authorities.

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Don’t Get Scammed: Know About the Fair Housing Act 

American Apartment Owners Association

it is illegal to refuse to rent to an applicant who is receiving assistance through the Section 8 program. CHAT WITH AN ATTORNEY What is a Section 8 voucher? Scammers may create fake rental listings on sites like Craigslist and pressure Section 8 applicants to pay a deposit without seeing the unit. Need Legal Help?

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Big US Cities Challenge Algorithmic Rents

American Apartment Owners Association

The Wall Street Journal reported the Justice Department’s lawsuit against RealPage, filed with the support of eight state attorneys general, accuses the company of illegally using confidential data to set rents, driving up prices in violation of antitrust laws.

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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

Check Up On Your Application Process. If you don’t currently offer the ability to apply for your vacancies using an online application , it’s time to seriously consider it; more than half of rental property managers report an expectation by renters that they can fill their applications out online. During Leasing Season.

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BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

The end of the first reporting deadline is January 1, 2025 (applicable to businesses formed before January 1, 2024). What is the Corporate Transparency Act? The CTA is changing the way businesses handle beneficial ownership reporting. By that time, property management business owners should be ready to go.

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Seattle Landlord Sues The City Over Tenant Rules

American Apartment Owners Association

The city council has been active the past few years in passing tenant protections such as caps on move-in fees, first qualified applicant rules, eviction rules, lease renewals and tenant screening rules. Source: Rental Housing Journal The post Seattle Landlord Sues The City Over Tenant Rules appeared first on AAOA.

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