American Apartment Owners Association

JANUARY 7, 2025

Title claims can involve such issues as gaps in the chain of title, fraudulent transfer of real property, forged documents, recording in the wrong county, mistakes in title documents or maps, ownership disputes, unrecorded interests, lender priority disputes, or partition issues, and lis pendens disputes. By Nate Bernstein, Esq.,

Real Estate 130

Real Estate Litigation Attorney Insurance 130

Mem Property Management

FEBRUARY 6, 2025

Boards and managers should turn to their associations governing documents and their assessment collections policy, if they have one, for procedures on working with these ownersincluding the possibility of establishing deferral and repayment plans.

Attorney 69

Attorney Government Maintenance Management 69

Buildium

NOVEMBER 5, 2024

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes.

Property Management 227

Property Management Property Manager Management Electronics 227

Condo Control

NOVEMBER 21, 2024

Owners living in California can elect directors and amend governing documents using electronic secret ballots as of January 1, 2025. HOAs were not specifically mentioned in HB 1237, but Senate Bill 398 did state that “each association shall designate on its website” certain documents. The policy must be posted on the POA’s website.

Electronics 246

Electronics Condominium Government Litigation 246

Beach Front Property Management

JANUARY 15, 2025

Document Your Losses Thoroughly Begin by taking photos of the damage and listing items that were destroyed or need repairs. Note the original purchase prices for each item and collect any receipts you have to support your documentation. If the policy wording is unclear, consult a local attorney specializing in insurance law.

Insurance 147

Insurance Property Attorney Transportation 147

Bay Property Management Group

NOVEMBER 27, 2024

Awareness of these bylaws and governing documents helps provide solid references when dealing with potential legal issues. That said, when board members fail to adhere to these documents, it can lead to legal disputes. Failing to Provide the Right Documentation There are several crucial documents that HOAs must have.

Government 130

Government Attorney Property Management Property Manager 130

Yardi Breeze

FEBRUARY 26, 2025

For smaller independent rental owners, gathering the necessary documentation could take hours or even days. He told us, If someone is concerned about meeting the deadline, they should immediately contact whoever manages their business affairs, such as a business manager or an attorney. What if someone isnt sure what to do next?

Compliance 130

Compliance Property Management Property Manager Government 130

Buildium

OCTOBER 21, 2024

Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits. You’ll also need to budget for attorney fees. Review how many hours your association’s attorney typically bills each month so you can plan for those expenses accordingly.

Finance 245

Finance Management Attorney Consulting 245

Real Property Management Choice

AUGUST 2, 2015

As a landlord, if you haven’t given much thought to the documents you keep—and those you discard—you risk being unable to defend your position in a dispute or pursue the tenant to collect damages in the event that becomes necessary. If you decide to keep these applications, Please be sure to store them securely. When did he or she pay?

Landlord 52

Landlord Attorney Applications Applicants 52

American Apartment Owners Association

NOVEMBER 21, 2024

As a legal document, the application includes basic information as well as a series of specific questions that help you decide which applicants are a good fit for your property and which you should turn away. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Applications 246

Applications Applicants Lease Agreement Landlord 246

Condo Control

NOVEMBER 12, 2024

As of now, the Corporate Transparency Act applies to corporations, limited liability companies, and other similar entities created by the filing of a document with a secretary of state. If board members ask a manager or attorney to file on their behalf, then they will need to pay those professionals for their time.

Government 246

Government License Condominium Electronics 246

Condo Control

JANUARY 10, 2025

Inform the HOAs attorney All lawsuits are subject to strict filing deadlines. As a result, the board should reach out to the associations attorney as soon as the HOA is served. That is just one reason why board members must be familiar with the HOAs governing documents as well as HOA state laws.

Litigation 130

Litigation Government Attorney Insurance 130

Yardi Breeze

DECEMBER 12, 2024

For smaller independent rental owners, gathering the necessary documentation could take hours or even days. What if someone isnt sure what to do next? Joe is clear on this point.

Compliance 246

Compliance Government Property Management Property Manager 246

Beach Front Property Management

NOVEMBER 6, 2024

Document the Violation : Record details of the violation, including dates, times, and any supporting evidence, such as photos, emails, or witness statements. Consider Mediation or Legal Advice : Consult a mediation service or attorney if direct communication does n o t resolve the matter. Prioritize collaboration over conflict.

Lease 130

Lease Lease Agreement Attorney Maintenance 130

American Apartment Owners Association

DECEMBER 16, 2024

Some key elements to consider include: The lease agreement This legally binding document outlines the terms and conditions of the rental agreement, including rental payment, lease duration, and any specific rules or restrictions. These elements set the foundation for a successful tenancy and protect both parties rights and obligations.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

American Apartment Owners Association

AUGUST 7, 2022

Once you have deemed you have a legal reason for eviction and youve given your tenant a fair warning through a written eviction notice, you can take the following steps to remove them: Sue for eviction/file an eviction lawsuit: Consider hiring a real estate attorney who handles residential evictions.

Tenant 130

Tenant Attorney Lease Rent 130

American Apartment Owners Association

AUGUST 7, 2022

Once you have deemed you have a legal reason for eviction and youve given your tenant a fair warning through a written eviction notice, you can take the following steps to remove them: Sue for eviction/file an eviction lawsuit: Consider hiring a real estate attorney who handles residential evictions.

Tenant 130

Tenant Attorney Lease Rent 130

American Apartment Owners Association

DECEMBER 9, 2024

Conducting a detailed review of lease agreements and legal documents is also necessary to uncover any potentiallegal risksthat could impact the investment. Another important element of due diligence is evaluating theproperty’s maintenance and legal compliance. Need Legal Help? Chat with a real estate lawyer near you.

Real Estate 246

Real Estate Compliance Maintenance Tenant 246

Real Property Management Evertrust

OCTOBER 7, 2024

Start with a polite conversation and document everything in writing. Resolution Tip: Keep detailed documentation of the tenant’s violations, including any communication, notices, and proof of unpaid rent or damages. During the hearing, present your case and provide all necessary documentation.

Tenant 130

Tenant Lease Agreement Landlord Lease 130

American Apartment Owners Association

NOVEMBER 21, 2024

As a legal document, the application includes basic information as well as a series of specific questions that help you decide which applicants are a good fit for your property and which you should turn away. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Applications 130

Applications Applicants Landlord Tenant 130

Bay Property Management Group

NOVEMBER 18, 2024

For example, you can find the Consumer Guide to Tenant and Landlord Rights from the Pennsylvania Attorney General a helpful guide for those in Philadelphia and nearby. Each state typically has a similar document that you can examine in order to find specific regulations on this matter.

Lease 130

Lease Lease Agreement Landlord Property Management 130

American Apartment Owners Association

DECEMBER 9, 2024

A good QI will help you navigate deadlines, documentation, and the specific regulations associated with 1031 exchanges. You, as the investor, cannot touch the funds from the sale, or the transaction may be disqualified as a 1031 exchange. To ensure the process runs smoothly, its essential to work with a knowledgeable and experienced QI.

Real Estate 130

Real Estate Regulation Condominium Attorney 130

Bay Property Management Group

DECEMBER 2, 2024

These documents could help you in a dispute. Whether it’s an attorney general’s office, code enforcement department, or other entity, your state should have an agency that handles housing habitability complaints. Keep records of when and how you’ve connected with all relevant parties about it.

Landlord 147

Landlord Property Management Property Manager Rent 147

Yardi Breeze

NOVEMBER 22, 2024

For smaller independent rental owners, gathering the necessary documentation could take hours or even days. What if someone isnt sure what to do next? Joe is clear on this point.

Compliance 130

Compliance Property Management Property Manager Government 130

Yardi Breeze

NOVEMBER 22, 2024

For smaller independent rental owners, gathering the necessary documentation could take hours or even days. What if someone isn’t sure what to do next? Joe is clear on this point.

Compliance 130

Compliance Property Management Property Manager Regulation 130

Real Property Management Evertrust

OCTOBER 7, 2024

This reduces the risk of late payments and ensures all transactions are documented, giving you and your tenant peace of mind. Consult a real estate attorney if you’re unsure of the legal requirements in your area. Enforce the terms of your lease consistently to avoid any confusion or misunderstandings.

Landlord 130

Landlord Lease Agreement Tenant Maintenance 130

Yardi Breeze

JANUARY 3, 2025

For smaller independent rental owners, gathering the necessary documentation could take hours or even days. He told us, If someone is concerned about meeting the deadline, they should immediately contact whoever manages their business affairs, such as a business manager or an attorney. What if someone isnt sure what to do next?

Compliance 130

Compliance Property Management Property Manager Government 130

Florida Property Management

JULY 23, 2021

If the eviction is contested by the Tenant then you need to get ready to go to court and in order to win the case you must prepare for it and document with proof the non-compliance. Documentation is the challenging part. Document as much as possible with specific dates and times.

Compliance 52

Compliance Attorney Lease Agreement Property 52

American Apartment Owners Association

DECEMBER 2, 2024

Engage with a reputable real estate attorney to ensure all legalities are in order and that the transaction progresses without a hitch. Property management software helps organize leasing documents, manage maintenance requests, and track rent payments. Closing the Deal: Finalize the terms, complete the paperwork, and close the deal.

Property 130

Property Real Estate Finance Property Management Software 130

Condo Control

NOVEMBER 5, 2024

Some contracts require the company to document snow removal efforts. As a best practice, always have an attorney review any contract before it is signed by the board. Pretreatment considerations Pretreating surfaces at least 24 hours before a storm can significantly reduce accidents by preventing ice and snow from piling up.

Insurance 130

Insurance Attorney IT Maintenance 130

Beach Front Property Management

SEPTEMBER 26, 2024

What to Include in Lease Agreement You can write an effective lease agreement without needing to consult an attorney. Every rental document needs to specify whether it’s a rental agreement or a lease in California. Severability Clause Include this crucial clause in your lease document to prevent future issues.

Lease 130

Lease Landlord Lease Agreement Insurance 130

American Apartment Owners Association

MARCH 24, 2023

As another example, in a quiet title lawsuit, you can also litigate a claim relating to a fraudulently executed or fraudulently recorded deed of trust mortgage document. Nate Bernstein is a 30-year veteran Los Angeles real estate and business attorney and trial lawyer. About the Author The author of this article, Nate Bernstein, Esq.,

Litigation 130

Litigation Real Estate Insurance Attorney 130

American Apartment Owners Association

MARCH 24, 2023

As another example, in a quiet title lawsuit, you can also litigate a claim relating to a fraudulently executed or fraudulently recorded deed of trust mortgage document. Nate Bernstein is a 30-year veteran Los Angeles real estate and business attorney and trial lawyer. About the Author The author of this article, Nate Bernstein, Esq.,

Litigation 130

Litigation Real Estate Insurance Attorney 130

Esquire Property Management Group

OCTOBER 9, 2024

Landlords will need to provide “supporting documentation” for applicable costs, which must be limited to expenses related to operation, maintenance, and repair. Local district attorneys have been granted authority to enforce these requirements, necessitating a rigorous adjustment to leasing practices.

Lease 52

Lease Commercial Property Commercial Property Management Lease Agreement 52

Authority Property Management

JULY 5, 2024

It's essential to document these observations and attempts to contact the tenant, as this information can be vital if legal actions are required. Documenting the Process Thorough documentation is critical throughout the process of handling abandoned property. Utilities disconnected or unpaid.

Landlord 52

Landlord Property Lease Agreement Tenant 52

Esquire Property Management Group

DECEMBER 18, 2023

A Commercial Real Estate Letter of Intent (LOI) is a document that is designed to outline the terms and conditions of a “potential” commercial real estate transaction between a buyer and a seller. The term of art, “letter of intent” sits in the crosshairs of intention and commitment in thousands of commercial real estate transactions.

Real Estate 52

Real Estate Commercial Property Commercial Property Management Attorney 52

Mem Property Management

JANUARY 6, 2025

The first thing you must do is check your condo association s governing documents. Not all associations have the same rules when it comes to repairing frozen pipes in condos, so it is best to refer to these documents first instead of looking for a blanket solution. In that case, check your governing documents for the proper procedures.

IT 52

IT Condominium Insurance Government 52