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New 2025 condo and HOA laws for U.S. states

Condo Control

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.

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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

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?

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How to Create Property Management Business Plan [Free Template]

Second Nature

We highly recommend hiring an attorney who can help you navigate those laws and regulations. How to create a successful property management business plan Peter Lohmann , CEO of RL Property Management , lays out three critical steps for residential property managers looking to crystalize a successful business plan: Identify your ideal clients.

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Blanket Mortgage: How to Use it as an Investor

SparkRental

Who says you need a separate loan for every single property? As you scale your real estate portfolio, it can get tricky to borrow and manage individual loans for every residential property. It also limits your financing options and your ability to pull equity out of existing properties. Enter: blanket mortgages.

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How to Value, Buy, or Sell a Property Management Company

Second Nature

Transferability Business transferability, or the ease with which a property management company can be sold to a new owner, is a crucial factor in its valuation. Specialization Companies specializing in a specific type of property (e.g., Property management is still largely driven by personal contacts and business relationships.

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Multifamily condo conversion: Is it the right move for your property?

MRI Software

Exclusive use spaces, such as patios or storage units, are for specific owners but still managed as part of the shared property. Proper planning and legal documentation are critical to making this transformation a success. Legal fees for drafting condo documents and establishing the HOA.

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