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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.

Tenant 244
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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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Understanding HOA finances: A practical guide for association managers

Buildium

Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits. From there, your insurance agent can walk you through whether your current coverage is adequate for the property and what the premiums will look like for the upcoming year.

Finance 245
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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

CHAT WITH AN ATTORNEY Legal Responsibilities Of Landlords And Tenants Understanding the legal responsibilities of landlords and tenants is crucial to establishing a fair and mutually respectful relationship. The functionality of security systems, if applicable. Need Legal Help? Chat with a real estate lawyer near you.

Landlord 246
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HOA snow removal

Condo Control

Snow removal contracts Frequency and timing Fees, insurance, and more Pretreatment considerations Do monthly fees cover the cost of snow removal? Liability information and insurance coverage must also be included in the contract. The company should have the proper insurance policies to protect both itself and the HOA.

Insurance 130
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Legal Overview of Quiet Title Claims in California for Investment Owners and Deed of Trust Holders – Methodology for Establishing Clear Title in Court

American Apartment Owners Association

This may be done directly by the party or by the party’s title insurance carrier after a claim is made with the title insurance carrier. Title insurance companies often times get involved in prosecuting, defending, and settling quiet title actions on behalf of property owners and lenders.