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You are invited to attend one of the most important educational events of the year for California property owners, landlords, and property managers. The 2025 California Property Law Compliance Webinar will provide critical updates on new regulations that take effect throughout 2025 and into 2026. Click this link below.
In a competitive market, effective marketing strategies for property management companies can set your business apart and attract a steady flow of clients. Theres a lot of strategies out there, and some may be better suited for your company and management style than others.
With as many as 4,000 new community associations expected to come into existence in 2025, community association management companies growth plans are no surprise. A full 92% of management companies plan to expand their portfolios over the next two years, according to Buildiums annual survey of community association management professionals.
Download this Tenant Notice to Inform your Tenants about their option to report rent payments under Californias rent law AB 2747. Maintain Accurate Records : Keep detailed records of Tenant participation, opt-in/opt-out elections, and rent payment history to ensure compliance and resolve disputes. Click here and use code AAOA10.
Since 2016, this award has honoured communities where residents came together to implement initiatives inside their community or outside their gates – from waste management to water conservation and beyond. ADDA for many years now, has been arranging Estate Manager Workshops to help bridge this gap. Get ready to rise high!
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Fire safety is a critical aspect of managing a housing society. In this blog, well discuss the essential fire safety rules housing societies should follow and introduce a handy downloadable Fire Safety Audit Checklist to help management committees maintain safety standards. Essential Fire Safety Rules for Housing Societies a.
Understanding GST compliance is vital for avoiding penalties and ensuring smooth operations. This blog explains when GST applies to housing societies, the key rules, challenges in compliance, and the benefits of adhering to GST norms. Additionally, we introduce a GST Compliance Guide for Housing Societies to simplify the process.
Thats managements job. Managing amenities and guests simultaneously Create guest policies for amenities Leverage technology to manage amenities The board is ultimately responsible for ensuring amenities are safe, functional and clean. Managing amenities and guests simultaneously Ditch the paper!
We get a lot of questions from property managers about Yardi Breeze and Yardi Breeze Premier. To help you out, we assembled a list of common property management software FAQs below. I manage a mixed-use property with commercial & residential units. We love it! Were here to help, and theres no question too big or too small.
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Now, its made its way into the realm of document authentication and fraud detection in property management. Kyle Nelson, vice president of corporate strategy at Snappt, explained to us why his companys AI-driven document authentication technology matters when it comes to fraud detection software in property management.
Board members and community managers alike have a duty to ensure legal compliance. Official Record Requirements Starting January 1, 2025, associations with 100 or more parcels must maintain a website where members can download official records. It also serves as proof of compliance. What are the New Florida HOA Laws 2024?
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Digital photography and storage through property management software could help. Apartment owners or management companies must take high-resolution, date-stamped photos of the unit before the tenant moves in and immediately after the tenant moves out. We give our managers a lot of latitude when deciding how to handle the situation.
Well, you are now responsible for overseeing the corporations affairs, ensuring compliance with provincial laws and the governing documents, and upholding the best interests of unit owners as a whole. Download our board member notice of change sample form But there are also some immediate housekeeping items youll need to address.
Managing the finances of a housing society is a complex process that requires precision and transparency. Management committee members are often misguided by software providers, and they end up choosing the wrong software, not aware of the problems this can create. Automated generation of payment receipts.
When you don’t have good data, it’s hard to make good decisions – especially when you manage an affordable housing portfolio. Fortunately, high-performing housing providers have established best practices for collecting, analyzing, and managing data that you can use to boost your portfolio’s performance.
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Visitor management software is crucial for businesses operating in buildings with a frequent stream of visitors. With a visitor management system , you can seamlessly control access, monitor visitor movements, and ensure compliance with your business’s security protocols. Why is visitor management software important?
This ordinance lays out requirements for property standards, safety measures, and other compliance factors to ensure your property meets necessary building codes. Step 4: Ensure Compliance with Building Codes Beyond registration, landlords must keep rental properties in compliance with all relevant building codes.
If you manage a vacation rental website or short-term rental property, your guests trust you with their personal data, such as names, email addresses, and payment details. It helps build trust, protect your business, and ensure compliance with regulations like the General Data Protection Regulation (GDPR). Fulfilling contracts (e.g.,
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Having the right knowledge of your rights as a property owner and keeping up with property management with rental property maintenance is an efficient way that will save you tons of heartache – and your wallet from being emptied – down the road. It includes cleaning, maintaining and repairing the building or unit.
Having the right knowledge of your rights as a property owner and keeping up with property management with rental property maintenance is an efficient way that will save you tons of heartache – and your wallet from being emptied – down the road. It includes cleaning, maintaining and repairing the building or unit.
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The conversation covers many topics, from choosing the proper structure for your US short-term rental business to tax deductions to maintaining compliance. He provides examples illustrating the most common scenarios for real estate investors, property managers, and STR hosts. What Is the Best Business Structure? Sign up now!
This requires showing you’re actively involved in managing the property. This active management component is extremely important for tax considerations. It essentially comes down to actively managing your rental and the average length of guest stays. Scenarios: Who Pays More in Short-Term Rental Taxes?
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Within the 2024 winter release, Airbnb has officially launched its Co-Host Network to make it easier for hosts to find experienced local co-hosts to help them manage their Airbnb properties. The Airbnb Co-Host Network connects property owners who list their homes on Airbnb with experienced local hosts who can manage their listings.
Legal counsel can provide advice specific to your situation and ensure compliance with all applicable laws. Develop Relationships with Local Services Build relationships with cleaning services, property managers, and security companies. Have a Legal Plan in Place Connect with a lawyer specializing in landlord-tenant law.
Make sure your property manager has adequate paper towels to check those hard-to-reach spots. Regular vacation rental inspections ensure compliance with the safety code and can help catch issues with electrical wiring before they become serious. Encourage inspectors to wear white socks while inspecting.
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Now, its made its way into the realm of document authentication and fraud detection in property management. Kyle Nelson, vice president of corporate strategy at Snappt, explained to us why his companys AI-driven document authentication technology matters when it comes to fraud detection in property management.
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