Remove Applications Remove Lease Agreement Remove Utilities
article thumbnail

A Complete Guide to Renting Out Your House

Bay Property Management Group

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. So, this step is critical for avoiding disasters.

Rent 147
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. Everything from unit number to location details must be in the lease.

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

What are the Penalties for Breaking a Lease: A Primer

Bay Property Management Group

To get out of a lease early with less punitive measures, you could sublet or transfer your lease (if allowed), look for an early termination clause in your rental agreement, or work with your landlord to find a solution. You could face penalties for breaking a lease depending on your lease agreement and applicable laws.

Lease 130
article thumbnail

The Future of Rentals: Technology’s Impact on Property Management

Real Property Management Evertrust

Tenant portals provide residents to access important documents such as lease agreements, send maintenance requests, and speak directly with management. Virtual tours and remote leasing help streamline the management of applicants who are distant, out of town, or otherwise preoccupied.

article thumbnail

A Comprehensive Guide for First-Time Apartment Hunters

Real Property Management Chicago

You may also face other deposits and fees, like credit check fees, utility deposits, and additional expenses. It’s important to find out if utilities are covered by the rent or if you’ll need to pay for them yourself. If utilities aren’t included, you’ll need sufficient funds to establish basic services.

Apartment 130
article thumbnail

The FTC Lawsuit Against Invitation Homes: What It Means for Property Managers

BetterWho

Property managers should ensure that all fees are transparently communicated to prospective tenants upfront—before lease agreements or application fees are signed. Property managers should go beyond merely listing fees in lease agreements.

article thumbnail

How To Register A Housing Society In India?

ADDA

The office bearers must be residents of the society, and their names and contact details should be included in the registration application. You will typically need to submit: A completed application form (provided by the Registrar). Proof of Address of Founding Members : Utility bills, rent agreements, or property tax receipts.