BetterWho

OCTOBER 4, 2024

Impact on business practices: Property managers must reassess their leasing processes to avoid potential litigation. Property managers should ensure that all fees are transparently communicated to prospective tenants upfront—before lease agreements or application fees are signed.

Property Management 130

Property Management Property Manager Management IT 130

RL Property Management

JANUARY 13, 2025

When it comes to managing rental properties, Fair Housing compliance for landlords is essentialits the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. Failing to prioritize Fair Housing compliance for landlords can result in costly fines and legal battles.

Compliance 52

Compliance Landlord Regulation Property Manager 52

MRI Software

SEPTEMBER 5, 2024

Lease management software is used by real estate teams to oversee the management of their lease portfolios, from keeping on top of administration and accounting to making strategic decisions about contract renewals. Why do you need lease management software? Lease management is a high-risk area for businesses.

Lease 59

Lease Management Compliance Rent 59

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. Checking compliance with lease terms, such as pet policies or smoking restrictions.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

Real Property Management Evertrust

OCTOBER 7, 2024

Unclear Lease Terms Another rookie mistake is not having a solid, legally binding lease agreement that clearly outlines tenant expectations, rent payment dates, and consequences for non-compliance. Resolution Tip: Have a lawyer review your lease agreement to ensure it complies with state and local laws.

Tenant 130

Tenant Lease Agreement Landlord Lease 130

Rental Housing Journal

JANUARY 21, 2025

By The Fair Housing Institute As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence. These documents must be living resources, regularly reviewed and updated to reflect changes in legislation or operational needs.

Property Management 93

Property Management Property Manager Management Compliance 93

Esquire Property Management Group

OCTOBER 9, 2024

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.”

Lease 52

Lease Commercial Property Commercial Property Management Lease Agreement 52

Yardi Breeze

DECEMBER 6, 2024

Breeze and Breeze Premier is our all-in-one property management software platform with built-in marketing, leasing, accounting and operations functionality. Affordable housing operators may want to consider adding RentCafe Affordable Housing , which allows residents to apply or recertify via integrated compliance workflows.

Property Management Software 130

Property Management Software Property Management Property Manager Management 130

MRI Software

APRIL 29, 2024

Including Microsoft Excel in your lease accounting workflow may seem like the simplest or most practical way to manage simple accounting tasks. Leasing commercial space is a cornerstone of the retail business model. Lease terms directly affect your balance sheet, cash flow, and profitability.

Lease 52

Lease Retail Compliance Management 52

MRI Software

APRIL 25, 2024

Healthcare organizations face numerous challenges, ranging from managing their resources efficiently to ensuring regulatory compliance and providing the best possible care to patients. Leasing management software helps to overcome challenges and streamline leasing operations for the healthcare industry and mitigate the challenges they face.

Lease 52

Lease Compliance Lease Agreement Maintenance 52

Authority Property Management

NOVEMBER 22, 2024

Understanding SB 1051: A Guide for Landlords on Supporting Tenant Safety and Compliance. No more passing the buck or hiding behind vague lease terms. And here’s the kicker: if you miss that deadline, the tenant can change the locks themselves, lease terms be darned. Got a written request from the tenant? Yep, just one day.

Landlord 105

Landlord Tenant Lease Compliance 105

Beach Front Property Management

SEPTEMBER 19, 2024

It’s essential to remember that these approaches are designed to respect legal processes and lease terms while offering alternatives that can help avoid the costs and complications of eviction. Offering to help make their move easier boosts the likelihood of agreeing to a shorter lease term.

Tenant 130

Tenant Landlord Lease Agreement Lease 130

MRI Software

DECEMBER 13, 2023

Lease management software has become a valuable tool for businesses who need to streamline their lease management processes. From small enterprises to large corporations, implementing lease management software  delivers numerous benefits and advantages. What can a lease management solution do for your business?

Lease 52

Lease Management Lease Agreement Property 52

MRI Software

NOVEMBER 11, 2024

The new lease accounting standards— ASC 842 lease accounting for U.S. The new lease accounting standards: what’s changed? The new lease accounting standard introduces major shifts in how leases are reflected on financial statements. Previously, companies could keep operating leases off their balance sheets.

Lease 52

Lease Compliance Finance Lease Agreement 52

American Apartment Owners Association

NOVEMBER 27, 2024

Guarantee legal compliance meticulously and leverage technology for streamlined processes. Reviewing income statements, tax returns, and other financial documents provides insight into the property’s revenue streams, expenses, and overall financial stability. Lastly, maintaining proactive legal compliance programs is essential.

Real Estate 130

Real Estate Compliance Property Manager Property Management 130

Bay Property Management Group

DECEMBER 26, 2024

Understanding and Compliance Are Crucial – Tenants should familiarize themselves with HOA rules and maintain open communication with landlords. Proactive compliance with guidelines can help prevent fines or conflicts that might escalate to eviction. So, let’s dive a little deeper into how HOAs enforce rules.

Landlord 147

Landlord Compliance Property Manager Property Management 147

MRI Software

APRIL 25, 2024

However, juggling leases can be a complex task of documents, deadlines, and specifics that often challenge even the most experienced lease managers. With the shift to ASC 842 and other global accounting standards, the demand for structured lease management has grown.

Lease 52

Lease Management Compliance Finance 52

MRI Software

OCTOBER 3, 2024

Subleasing a commercial lease can be an effective way to manage unused space or reduce costs, but it comes with specific legal and operational considerations. MRI Software offers innovative solutions like lease management software and lease accounting software to help you navigate these complexities with ease.

Lease 52

Lease Lease Agreement Landlord Tenant 52

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. However, it also commonly includes charges associated with processing paperwork, such as sending out violation notices or conducting leasing permit updates.

Finance 245

Finance Management Attorney Consulting 245

Bay Property Management Group

NOVEMBER 13, 2024

Safety and Compliance- They’re trained in safety protocols and knowledgeable about local building codes, reducing the risks of accidents or legal issues. That’s not all; the current lease with these tenants is up for renewal. However, they’re not so sure they want to commit to another year at this property.

License 130

License Contractors Property Manager Property Management 130

Authority Property Management

AUGUST 30, 2024

Check Your Lease Agreement The first step is to review your lease agreement. Most standard lease agreements include a clause stating that the landlord must retain a set of keys and that the tenant is not permitted to change locks without the landlord’s consent. Steps to Take If You Don’t Have Keys 1. Preventing Future Issues 1.

Rental Property 75

Rental Property Lease Agreement Property Lease 75

Florida Property Management

JULY 23, 2021

How to deal with a person living in the premises that is not authorized in the Lease Agreement One of the problems one may face as a Landlord is to find out that a tenant has a person or persons living in the unit who is not an authorized person as per the lease agreement. Documentation is the challenging part.

Compliance 52

Compliance Lease Agreement Attorney Property 52

Real Property Management Choice

MAY 23, 2024

Let’s get started so you know how to structure your lease, your marketing, your screening , and your entire rental management plan in a way that keeps you in compliance. Whether your property is exempt or non-exempt, you need to reflect its status in your lease agreement. A breach of a material term of the lease.

Lease 52

Lease Landlord Single-Family Home Rent 52

Real Property Management Choice

NOVEMBER 1, 2018

These inspections or reviews can be scheduled during the leasing process and be part of the leasing agreement. Good Communication Real Property Management Choice will take photographs of the property and outline a regular schedule of reviews at the time of lease signing where this schedule can be clearly communicated.

Property 52

Property Compliance Lease Agreement Lease 52

MRI Software

AUGUST 2, 2024

This process is crucial for landlords to ensure that the tenant can consistently meet rent payments throughout the lease term. Gathering Business Documentation: Request business licenses, contracts, or invoices that can provide additional proof of ongoing work and income.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

NOVEMBER 18, 2024

These applications handle tasks like lease management, budgeting , forecasting, and financial analysis with greater efficiency. Its CRE tools for lease administration let users manage leasing terms, renewals, and rent escalations seamlessly. For serious investors, this analytical power is a game-changer.

Management 52

Management Compliance Real Estate Lease 52

Real Property Management Choice

OCTOBER 13, 2017

An inspection schedule can be communicated to new tenants when the lease is signed. Our Los Angeles property management company prefers to walk through the home with the new tenant, documenting any existing damage and taking pictures to put on file. The first inspection takes place during move in.

Property Management 52

Property Management Property Manager Management Property 52

InveServe

JANUARY 2, 2025

Disputes over lease terms, maintenance issues, or rent payments are almost inevitable, but how theyre addressed can make all the difference. The lease agreement typically outlines these obligations and is governed by local housing laws. Regular property check-ins and clear explanations of lease terms can help preempt misunderstandings.

Landlord 52

Landlord Tenant Lease Agreement Property Management Services 52

Authority Property Management

APRIL 4, 2024

Safety and Code Compliance: Ensuring the apartment meets safety standards. Suspected Lease Violations: If there’s a reasonable belief that the lease terms are being violated. Additionally, tenants are responsible for maintaining the rental property in a clean and habitable condition, as outlined in most lease agreements.

Landlord 52

Landlord Lease Agreement Rental Unit Lease 52

Young Management

MARCH 14, 2024

What is a Rent Increase Letter A Rent Increase Letter is a formal document that a landlord sends to a tenant to inform them of an upcoming increase in their rent. How Much Notice Should You Give It’s generally not permissible to implement a rent increase until the current lease term concludes.

Rent 52

Rent Lease Agreement Compliance Lease 52

Esquire Property Management Group

DECEMBER 11, 2023

Typically, landlords mandate tenants to maintain various forms of insurance coverage as a prerequisite or addendum to commercial lease agreements. 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.

Insurance 52

Insurance Commercial Property Management Tenant Commercial Property 52

MRI Software

DECEMBER 6, 2023

Our software addresses crucial property management challenges, including lead generation, maintenance requests, lease renewals, and more. Lease renewals Property management software automates lease renewals by simplifying the process and reducing manual tasks.

Property Management 52

Property Management Property Manager Property Management Software Management 52

Esquire Property Management Group

NOVEMBER 14, 2024

The fee generally covers tasks such as rent collection, coordinating maintenance, responding to tenant inquiries, and managing lease renewals. Fees can also include a percentage of the common area charges, built into the tenant’s leases so the owner will be reimbursed for all management fees.

Commercial Property Management 52

Commercial Property Management Commercial Property Property Management Property Manager 52

Florida Property Management

JUNE 26, 2020

The end result of a professional leasing process is a well-qualified tenant who has demonstrated a history of paying rent on time and taking care of rental properties. Once a tenant has been placed, you can expect your property manager to collect the move-in funds and execute the lease. Lease enforcement.

Property Management 52

Property Management Property Manager Management Property 52

Real Property Management Choice

AUGUST 1, 2024

Your job is to identify, place, and retain highly qualified resident s who will pay rent on time, help you take care of your property, and follow the terms of your lease agreement. Having a thorough and clear lease agreement is essential so that your new residents understand what is expected of them throughout the tenancy. HOA issues.

Tenant 52

Tenant Lease Agreement Lease Property Manager 52

California Pacific Realty

SEPTEMBER 16, 2024

Different types of inspections may be performed during the rental cycle, including move-in inspections, mid-lease inspections, and move-out inspections. Regular inspections of these features can also identify if any devices need to be upgraded or replaced, ensuring compliance with local rental property inspection laws.

Landlord 52

Landlord Rental Unit Compliance Lease Agreement 52

Authority Property Management

APRIL 25, 2024

This guide provides a thorough overview of these processes, ensuring compliance and facilitating a smooth transition at the end of a tenancy. This document formally notifies tenants that they need to vacate the property within 60 days. Proper Delivery: Correctly delivered to ensure the tenant receives it in a timely manner.

Landlord 52

Landlord Compliance Tenant Property Manager 52