American Apartment Owners Association

JANUARY 27, 2025

Make sure you understand the historical actuals on the expense structure, not just what the broker estimates they could be, Lea said. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property 130

Property Insurance Rental Income Real Estate 130

Authority Property Management

JUNE 14, 2024

Real estate brokers often face a significant dilemma: should their sales agents also manage properties? Legal and Compliance Risks Property management involves navigating a complex web of local, state, and federal regulations. Sales agents might not be fully aware of these legal requirements, increasing the risk of non-compliance.

Property Management 52

Property Management Property Manager Real Estate Broker Broker 52

Real Property Management California Coast

OCTOBER 6, 2023

From screening applicants to collecting rent payments, managing the property, and guaranteeing compliance with all legal regulations— there are many tasks to coordinate. The buying and selling of properties on behalf of their clients is the area of expertise for real estate brokers, or realtors.

Real Estate 52

Real Estate Property Management Property Manager Real Estate Broker 52

Esquire Property Management Group

OCTOBER 9, 2024

To qualify, tenants must furnish a written declaration affirming compliance with these parameters, along with self-attestation regarding their workforce size. A comprehensive review of the procedural changes necessitated by SB 1103 will be essential to ensure compliance and mitigate the risks of rescission, punitive damages, etc.

Lease 52

Lease Commercial Property Management Commercial Property Lease Agreement 52

American Apartment Owners Association

SEPTEMBER 16, 2024

Reduced or waivedsecurity deposit Updated home dcor and appliances Waived rules forpainting walls Coverage for brokers fees and moving costs Free use of on-site amenities Free internet/utilities Benefits of offering rent concessions Offering rent concessions is a great way to meet your renter in the middle.

Lease 130

Lease Rent Landlord Rental Income 130

Esquire Property Management Group

FEBRUARY 10, 2025

gyms, day care facilities) LEED certification for sustainability and green compliance Data shows these type improvements are working because tenants are increasingly attracted to properties offering advanced amenities and energy efficiency. Collaborate closely with commercial brokers to aggressively market available spaces.

Commercial Property 64

Commercial Property Lease Property Government 64

Esquire Property Management Group

DECEMBER 11, 2023

Landlords and property managers need to familiarize themselves with the ins and outs of insurance policies and coverage details to verify tenants’ compliance with lease agreement terms. For example, brokers, property managers, attorneys all have a duty to carry E&O insurance for their operations.

Insurance 52

Insurance Commercial Property Management Tenant Commercial Property 52

Authority Property Management

JULY 18, 2024

Here’s a recap and some best practices to ensure compliance and smooth operations: Security Deposit Limits: General cap at one month's rent, with exceptions for small property owners (up to two months for certain conditions). Inclusive Pet Deposits: These are now part of the general security deposit cap.

Tenant 64

Tenant Broker Lease Maintenance 64

Authority Property Management

SEPTEMBER 20, 2024

Our connection to the NVPOA runs deep, as our Broker, Aaron Robertson, proudly served on the association’s board for a year, contributing to its mission of enhancing and promoting the rental housing industry. Education and Compliance As a property management company, staying compliant with local and state laws is essential.

Property Management 64

Property Management Property Manager Management Education 64

Second Nature

OCTOBER 1, 2024

Legal services that may be outsourced can include lease agreements, evictions, compliance with local and federal laws and regulations, dispute resolution, and other legal matters that may arise in the course of managing the property. At Second Nature, our renters insurance program has 100% compliance.

Property Management 52

Property Management Property Manager Management Property Management Services 52

Authority Property Management

JUNE 28, 2024

Others may own their own maintenance companies, leading to additional profits for the broker. Legal Compliance: Ensuring your property complies with local, state, and federal laws, including landlord-tenant regulations. This practice can sometimes result in higher costs for property owners.

Property Management 52

Property Management Property Manager Management Property 52

T&H Realty

AUGUST 12, 2024

In Indiana, regulatory adjustments aimed at protecting consumers can sometimes result in higher premiums as insurers adjust to new compliance requirements. Local insurance brokers in Indianapolis can provide valuable insights and help you find competitive rates tailored to your properties’ needs.

Insurance 52

Insurance Broker Property Management 52

Nest DC

DECEMBER 16, 2024

Beyond compliance, we've found that maintaining fresh paint, thorough cleaning, and addressing minor repairs leads to higher resident satisfaction, longer tenancies, and fewer maintenance requests over time. Third, DC rental requirements continue to evolve, sometimes mandating specific updates like hallway painting in condo buildings.

Maintenance 52

Maintenance Rent Lease Compliance 52