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

American Apartment Owners Association

JANUARY 7, 2025

You have the right to your own attorney. Real Estate Attorney A real estate attorney can play various roles in the area of title disputes and real estate transactions in general. The attorney can review the documents and provide basic advice and counsel. The title officer can work with your own attorney.

Real Estate 130

Real Estate Litigation Attorney Insurance 130

Bay Property Management Group

NOVEMBER 27, 2024

Awareness of these bylaws and governing documents helps provide solid references when dealing with potential legal issues. For example, if the HOA board chooses not to document its decision to add a new rule, residents could challenge this, especially if it doesn’t follow the established governing documents.

Government 130

Government Attorney Property Management Property Manager 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

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. The association may stop providing statements to an owner if collection activity begins by an attorney or collection agency that is not acting as the association’s managing agent.

Electronics 246

Electronics Condominium Government Litigation 246

American Apartment Owners Association

NOVEMBER 27, 2024

Constitutional rules generally “do not require compensation for every decline in the value of a piece of private property,” but a regulation that “deprives an owner of all economically beneficial uses” of their property could amount to a taking, the state Attorney General’s Office wrote in a recent memo to local governments unrelated to this case.

Tenant 130

Tenant Landlord Government Regulation 130

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

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

Mem Property Management

FEBRUARY 10, 2025

Immobilizing Vehicles for Parking Violations* Most community associations have rules and regulations in place governing the parking of vehicles. If your community is considering or is interested in more information about booting vehicles for parking violations, please consult with your attorney. To Boot or Not to Boot?

License 52

License Attorney Government Consulting 52

Bay Property Management Group

MARCH 21, 2025

Tax Liens or Sales: Local governments may sell properties with unpaid taxes to recover the owed amount, often through tax lien auctions or tax deed sales. Work with your teamyour real estate agent, attorney, or title companyto handle the paperwork and wrap up the transaction.

IT 130

IT Property Real Estate Finance 130

American Apartment Owners Association

NOVEMBER 21, 2024

AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. What are legal grounds for rejecting an applicant? The post The Importance of an Accurate Rental Application appeared first on AAOA.

Applications 246

Applications Applicants Lease Agreement Landlord 246

American Apartment Owners Association

DECEMBER 2, 2024

Fundraising new debt was the company’s business,” an attorney representing some investors told a judge, the Seattle Times reported. Hashimoto told investors that the investment was bulletproof because it was guaranteed by a government contract. But the government contract never existed.

Government 130

Government Real Estate Finance Attorney 130

American Apartment Owners Association

DECEMBER 16, 2024

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. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

American Apartment Owners Association

OCTOBER 14, 2024

CHAT WITH AN ATTORNEY What is a Section 8 voucher? AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. Chat with a real estate lawyer near you. Its only $5 for a 1-week trial. Ask unlimited questions.

Applications 130

Applications Applicants Landlord Single-Family Home 130

American Apartment Owners Association

OCTOBER 14, 2024

CHAT WITH AN ATTORNEY What is a Section 8 voucher? AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. Chat with a real estate lawyer near you. Its only $5 for a 1-week trial. Ask unlimited questions.

Applications 130

Applications Applicants Landlord Single-Family Home 130

Buildium

DECEMBER 30, 2024

Advertising to influence government legislation, however, is never deductible. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business.

Property Management 245

Property Management Property Manager Management Property 245

Yardi Breeze

NOVEMBER 22, 2024

To get you the best information possible, we spoke to Joe Riter, senior manager of public policy at the National Apartment Associations (NAA) Government Affairs department. The Northern District of Alabama ruled the law unconstitutional, but the governments appeal is still ongoing. Of course, youre not alone in this journey.

Compliance 130

Compliance Property Manager Property Management Government 130

Yardi Breeze

JANUARY 3, 2025

At least until that hearing is resolved, there will be no Beneficial Ownership Information (BOI) reporting requirements enforced by the federal government. To get you the best information possible, we spoke to Joe Riter, senior manager of public policy at the National Apartment Associations (NAA) Government Affairs department.

Compliance 130

Compliance Government Property Manager Property Management 130

American Apartment Owners Association

SEPTEMBER 13, 2022

Its implemented by government programs in key municipalities across the U.S. In contrast, rent stabilization refers to a government-set percentage that affects how much a landlord can increase monthly rent per year. Its a limiting factor that adds extra government regulation to the landlords abilities to rent out their property.

Rent 130

Rent Rental Unit Landlord Regulation 130

American Apartment Owners Association

MARCH 24, 2023

Applicable Laws Under the laws of the most states in the United States, the law of quiet title is governed by state statutes and the case law authorities that interpret the state statutes. Nate Bernstein is a 30-year veteran Los Angeles real estate and business attorney and trial lawyer.

Litigation 130

Litigation Real Estate Insurance Attorney 130

American Apartment Owners Association

MARCH 24, 2023

Applicable Laws Under the laws of the most states in the United States, the law of quiet title is governed by state statutes and the case law authorities that interpret the state statutes. Nate Bernstein is a 30-year veteran Los Angeles real estate and business attorney and trial lawyer.

Litigation 130

Litigation Real Estate Insurance Attorney 130

Colliers

APRIL 27, 2023

In this month’s episode of Retail Recorded, Anjee Solanki discusses the global state of retail in emerging Latin American markets with Suzanne Hollander, attorney, speaker and commercial real estate advisor for private investors and government entities the US and Latin America.

Retail 52

Retail Attorney Government Real Estate 52

Bay Property Management Group

DECEMBER 2, 2024

Reach Out to Your State Housing Agency If your landlord doesn’t respond to habitability complaints in the legally required timeframe, it’s time to report this violation to the government. You can request your local agency to perform an inspection and make a report on your home’s condition.

Landlord 147

Landlord Property Manager Property Management Tenant 147

Yardi Breeze

NOVEMBER 22, 2024

To get you the best information possible, we spoke to Joe Riter, senior manager of public policy at the National Apartment Association’s (NAA) Government Affairs department. The Northern District of Alabama ruled the law unconstitutional, but the government’s appeal is still ongoing. Of course, you’re not alone in this journey.

Compliance 130

Compliance Property Manager Property Management Regulation 130

American Apartment Owners Association

NOVEMBER 21, 2024

AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you. What are legal grounds for rejecting an applicant? The post The Importance of an Accurate Rental Application appeared first on AAOA.

Applications 130

Applications Applicants Landlord Tenant 130

American Apartment Owners Association

DECEMBER 2, 2024

Evaluate traditional financing methods, government-backed loans, and private lending options. Engage with a reputable real estate attorney to ensure all legalities are in order and that the transaction progresses without a hitch. Closing the Deal: Finalize the terms, complete the paperwork, and close the deal.

Property 130

Property Finance Real Estate Property Management Software 130

American Apartment Owners Association

DECEMBER 9, 2024

swapping a property owned by an LLC with one owned by an individual) These pitfalls can be avoided by working with a team of experienced professionals, including real estate attorneys, tax advisors, and qualified intermediaries.

Real Estate 130

Real Estate Regulation Condominium Attorney 130

Florida Property Management

JULY 3, 2023

Some important new Housing Bills Passed in Florida Some important New Housing Bills in Florida CS/SB 102: Housing GENERAL BILL by Appropriations ; Calatayud ; (CO-INTRODUCERS) Rouson ; Hooper ; Osgood ; Rodriguez ; Boyd Housing; Citing this act as the "Live Local Act"; deleting the authority of local governments to adopt or maintain laws, (..)

Government 52

Government Attorney Regulation Landlord 52

Condo Control

NOVEMBER 11, 2024

If the most recent reserve study was an initial reserve study, the governing body shall, within three fiscal years following the fiscal year in which the initial reserve study was completed, attain the annual reserve funding level recommended in the initial reserve study. What if our state does not have reserve study laws?

Condominium 130

Condominium Maintenance Government Management 130

Mem Property Management

JANUARY 6, 2025

The first thing you must do is check your condo association s governing documents. If your governing documents dont include these stipulations, then its probably time toconsider amending them. Some associations have outdated governing documents which can include unenforceable rules. Particularly, who will cover them?

IT 52

IT Condominium Insurance Government 52

Mem Property Management

SEPTEMBER 4, 2024

Governing Documents The declaration, bylaws, operating rules, articles of incorporation or other documents which govern the operation of the association. The governing documents , sometimes referred to as the CC&R’s (Conditions, Covenants, and Restrictions) is where the HOA and the board get their authority.

Government 52

Government Insurance Condominium Physical Property 52

Property Management Inc.

NOVEMBER 26, 2024

There is one catch to taking this deduction; the catch is that the government doesn’t forget that it gave you this break and you have to pay those taxes when you sell the property. If you paid an attorney or title company for legal services regarding your rental property, these expenses are deductible as well.

Rental Property 98

Rental Property Property Transportation Professional Property Management 98

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. You can research local laws through your state government website. In addition, a strong lease agreement safeguards you against potential legal issues, offering peace of mind.

Lease 130

Lease Landlord Lease Agreement Insurance 130

Renjoy

MAY 31, 2023

Some cities and municipalities have enacted strict regulations to govern short term rentals, while others have banned them altogether. Some local governments allow whole homes to be leased as short-term rentals, while others restrict residents from leasing anything larger than a single room. It depends on what your city allows.

License 52

License Regulation Government Attorney 52

Esquire Property Management Group

OCTOBER 9, 2024

Violations may result in severe penalties, including tenants raising these violations as defenses in unlawful detainer actions and seeking recovery of attorneys’ fees, along with potential punitive damages.

Lease 52

Lease Commercial Property Commercial Property Management Lease Agreement 52

Muldoon Associates

NOVEMBER 7, 2024

Have an attorney or a Colorado Springs property manager review your lease to ensure it complies with local laws. Fair housing, habitability standards, eviction procedures, and security deposit returns are all governed by state and federal laws. Setting Incorrect Rental Rates This is a big mistake and we see it quite frequently.

Lease Agreement 98

Lease Agreement Property Property Manager Property Management 98

MRI Software

DECEMBER 4, 2024

Multifamily zoning governs the rules and regulations around building residential properties that include multiple housing units. What regulations govern multifamily zoning? Local governments are responsible for establishing and enforcing zoning regulations, which vary depending on the municipality.

Regulation 52

Regulation Government Residential Property Applications 52