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. 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

Finance Management Attorney Consulting 245

Florida Property Management

OCTOBER 13, 2024

In the world of property management, insurance is one of the critical elements that ensure both the landlord’s and the property management company's protection from potential risks and liabilities. But what exactly does this mean, and what requirements must be met for a property management company to be added as an additional insured?

Insurance 59

Insurance Property Management Property Manager Landlord 59

American Apartment Owners Association

OCTOBER 11, 2024

National Multifamily Insurance Crisis : Expert insights on how landlords can navigate the skyrocketing insurance premiums. Eviction Notices : Attorney, Tracey Merrell, will be covering Californias new eviction regulations.

Apartment 138

Apartment Landlord Broker Insurance 138

MRI Software

DECEMBER 12, 2024

This guide will walk you through everything you need to know about tenant default insurance. What is tenant default insurance? Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent. Legal cost coverage: Some policies include attorney fees and court expenses.

Rental Income 52

Rental Income Insurance Landlord Tenant 52

American Apartment Owners Association

NOVEMBER 21, 2024

Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. 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

American Apartment Owners Association

MARCH 24, 2023

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.

Litigation 130

Litigation Real Estate Insurance Attorney 130

American Apartment Owners Association

OCTOBER 14, 2024

CHAT WITH AN ATTORNEY What is a Section 8 voucher? Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. Need Legal Help? Chat with a real estate lawyer near you. Ask unlimited questions.

Applications 130

Applications Applicants Landlord Single-Family Home 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 Lease 246

Condo Control

NOVEMBER 5, 2024

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

Insurance Attorney IT Maintenance 130

American Apartment Owners Association

OCTOBER 31, 2024

GET STARTED Attendees got answers to their questions during the interactive Q&A sessions with top attorneys, tax experts, CEOs, and more. Rentometer, SV Consultants, Syndication Attorneys PLLC and Kimball, Tirey, St. Gain peace of mind with AAOA’s credit, criminal, and eviction reports. John, LLP, were also represented.

Attorney 100

Attorney Landlord Property Management Property Manager 100

Esquire Property Management Group

DECEMBER 11, 2023

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. All landlords and commercial property managers should require tenants to have various forms of insurance depending on the type of business operations occupying the relevant space.

Insurance 52

Insurance Commercial Property Management Tenant Commercial Property 52

American Apartment Owners Association

DECEMBER 9, 2024

CHAT WITH AN ATTORNEY Legal Compliance Tips By prioritizing compliance withfair housing laws, you can mitigatelegal risksand avoid potential penalties in your multifamily real estate investments. Secure insurance coverage and create an emergency fund. Need Legal Help? Chat with a real estate lawyer near you. Ask unlimited questions.

Real Estate 223

Real Estate Compliance Maintenance Tenant 223

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. Moreover, your insurance may not cover injuries to unauthorized paying guests. Insurance This is a great opportunity to discuss insurance coverage. Be clear and straightforward, minimizing legal jargon.

Lease 130

Lease Landlord Lease Agreement Insurance 130

Condo Control

NOVEMBER 21, 2024

Florida HOAs need a website and must post records As of January 1, 2025, HB 1203 requires all HOAs that contain 100 parcels or more to maintain a website, and host digital copies of most of the association’s official records, including articles of incorporation, CC&Rs, bylaws, rules and current insurance policies.

Electronics 246

Electronics Condominium Government Litigation 246

Muldoon Associates

NOVEMBER 7, 2024

Have an attorney or a Colorado Springs property manager review your lease to ensure it complies with local laws. Inadequate Insurance Coverage Investors in real estate understand how important it is to protect their assets. That starts with good insurance. Assess your needs now, and revisit your insurance policies every year.

Lease Agreement 98

Lease Agreement Property Property Management Property Manager 98

Gordon Property Management

OCTOBER 10, 2024

We aren’t attorneys. Tax Planning and Insurance Estate taxes and capital gains taxes can eat into your real estate assets. Life insurance, liability insurance, and property insurance are essential to protect your real estate investments from unforeseen circumstances that could jeopardize their value.

Real Estate 52

Real Estate Insurance Attorney Property Management 52

Rental Housing Journal

NOVEMBER 17, 2024

Umbrella insurance policies extend over all of your assets your car, home, and rentals in your personal name. By Lance Anderson Umbrella Insurance policies are an affordable way to add a layer of liability protection on top of your current coverage that protects your assets in case of a large liability claim. per year in 2024.

Insurance 52

Insurance Consulting Rental Property Landlord 52

Mem Property Management

JANUARY 6, 2025

When crafting your amendments, make sure to consult your associations attorney to help with the wording. WHEN IS CONDO INSURANCE INVOLVED? In terms of insurance, it really is a case-to-case basis. The amount of damage whether to the unit or to common elements may be below the associations insurance deductible.

IT 52

IT Condominium Insurance Government 52

American Apartment Owners Association

AUGUST 7, 2022

Increased insurance premiums, taxes and/or utilities. AAOA recommends you consult with an attorney familiar with current federal, state and local laws. Amenities, such as grocery stores, make the neighborhood more appealing to prospective tenants. It also indicates a growing local economy. Excited to get started? Join AAOA today.

Compliance 130

Compliance Rent Landlord Lease Agreement 130

Muldoon Associates

DECEMBER 5, 2024

Licensed and insured contractors bring a level of expertise that ensures the job is done correctly and safely, minimizing the risk of future repairs and costly damages. Professional Partners: Real Estate Attorneys and Accountants Legal issues can quickly derail a real estate transaction.

Contractors 96

Contractors Real Estate Property Management Property Manager 96

Property Management Inc.

NOVEMBER 26, 2024

These fees include a number of things such as the title search, the inspection, the credit report, attorney fees, the transfer, and more. Landlord Insurance Fees. You’ll need to account for landlord insurance. Hiring an attorney, accountant, property manager, or another expert to help you out will be an added expense.

Rental Property 52

Rental Property Attorney Property Insurance 52

Property Management Inc.

NOVEMBER 26, 2024

INSURANCE PREMIUMS Rental property insurance premiums are tax deductible. If you paid an attorney or title company for legal services regarding your rental property, these expenses are deductible as well. Be aware; the IRS has very specific requirements for using a 1031 exchange.

Rental Property 95

Rental Property Property Transportation Professional Property Management 95

Authority Property Management

OCTOBER 3, 2016

You can also secure taxes from other legal and professional services that you work with for your rental property such as an attorney or a property manager. INSURANCE – as a landlord, you are also able to deduct taxes from any premiums you pay for any insurance that goes towards your rental property.

Landlord 52

Landlord Insurance Rental Property Professional Services 52

Mem Property Management

SEPTEMBER 4, 2024

Always check with an attorney for your state’s specific laws when implementing Rules. The business judgment rule along with directors and officers insurance will cover you as a board member for any decisions you make, even if they turn out to cause more problems than they solve for the community. Do you have or need flood insurance?

Government 52

Government Insurance Condominium Physical Property 52

American Apartment Owners Association

SEPTEMBER 2, 2022

Housing cost examples include property taxes, insurance, utilities, repairs, general operating expenses, your monthly mortgage payment and covering unit vacancies. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Single-Family Home 130

Single-Family Home Real Estate Tenant Rent 130

Real Property Management Choice

JULY 21, 2015

The tenant is required by the law to maintain a $1,000,000 lessee’s general liability insurance policy.; It states that the city attorney can demand that a landlord evicts a tenant for unlawful possession of weapons or ammunition. Evictions for Los Angeles and Long Beach This law became effective 1st Sept 2014.

Landlord 52

Landlord Electronics Attorney License 52

Second Nature

OCTOBER 1, 2024

PMCs are delivering resident benefits like credit reporting, renter’s insurance programs, pet guarantees, and more. This could include tasks such as tenant screening, resident benefits, renters insurance programs , rent collection, maintenance and repair coordination, lease enforcement, financial reporting, and more.

Property Management 52

Property Management Property Manager Management Property Management Services 52

Renjoy

MAY 31, 2023

Consult with a local attorney or real estate professional: A local attorney or real estate professional can help you understand the regulations and requirements for short-term rentals in your city. Do I need insurance for my short-term rental? Learn more about Airbnb insurance. How do I manage seasonal revenue?

License 52

License Regulation Government Attorney 52

Young Management

JUNE 12, 2024

Insurance Adequate insurance coverage is vital for protecting your investment. Additionally, if your property is in a high-risk area for natural disasters, such as floods or earthquakes, invest in specialized insurance coverage. Consider policies that cover property damage, liability, and loss of rental income.

Property 52

Property Rental Income Compliance Regulation 52

MRI Software

SEPTEMBER 10, 2024

These typically include property taxes, insurance, and maintenance costs. These expenses typically include property taxes, insurance, and maintenance costs. Double Net Lease (NN): The tenant covers rent, property taxes, and insurance. Single Net Lease (N): The tenant pays rent plus property taxes.

Lease 52

Lease Insurance Landlord Retail 52

California Pacific Realty

DECEMBER 6, 2024

These may include loan origination fees, appraisal fees, title insurance, attorney fees, and more. Monthly Mortgage Payments Monthly mortgage payments usually consist of principal and interest on the loan, property taxes, and homeowner’s insurance. Consider Renters Insurance. Plan Your Move-in Strategically.

Rent 52

Rent Insurance Maintenance Utilities 52

SparkRental

NOVEMBER 28, 2024

During the hiring process, you should have collected copies of their license, bonding, and insurance paperwork and a clear written contract with the scope of work. File a Bond Insurance Claim Before proceeding, note that you can only file a claim if the contractor is bonded.

Contractors 52

Contractors License Real Estate Insurance 52

Florida Property Management

JUNE 26, 2020

Communicating with owners, tenants, vendors, and other interested parties such as insurance agents, attorneys, accountants, and other professionals. Responding to tenant concerns and questions. Providing accounting and bookkeeping services for your property.

Property Manager 52

Property Manager Property Management Management Property 52

Rental Housing Journal

JANUARY 16, 2025

Colorado Attorney General Phil Weiser said, Because of Greystars deceptive advertising and hidden fees, tenants are on the hook in their lease for hundreds, if not thousands, of dollars more than they anticipated that their apartment would cost.

Tenant 52

Tenant Rent Apartment Fixed Fee 52

Real Property Management Choice

JANUARY 10, 2019

The amount deductible is determined by how much of the property was damaged, and how much of the loss was covered by insurance If you have questions about the rental property tax deductions available to you, feel free to give Real Property Management Choice a call, and we will be happy to assist you!

Rental Property 40

Rental Property Property Property Management Property Manager 40

American Apartment Owners Association

SEPTEMBER 2, 2022

Disclaimer : Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. The post How to Invest in Real Estate: Guide for Beginners appeared first on AAOA.

Real Estate 130

Real Estate Rental Property Apartment Rent 130

Authority Property Management

APRIL 25, 2022

In this lease structure, the tenant agrees to share in all expenses associated with property maintenance, taxes, and insurance. Property maintenance, taxes, and insurance are known as operating expenses. These expenses are needed to maintain and operate commercial properties such as rental centers or office buildings.

Lease 52

Lease Landlord Tenant Retail 52