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

Condo Control

NOVEMBER 7, 2024

They will be asked to pay for the repair, or the condo’s insurance deductible limit, whichever is less. Non-compliance with common element changes Corporations may charge costs, plus interest, to owners that fail to comply with agreements for improving common elements. 133 of the Strata Property Act.

Condominium 130

Condominium Government Insurance Landlord 130

Property Management Inc.

MARCH 13, 2025

Commercial property managers must juggle tasks like lease negotiations, property maintenance, and ensuring compliance with zoning laws. Commercial property management is highly specialized, requiring expertise in tenant screening, compliance, and day-to-day upkeep to ensure smooth operations.

Residential Property Management 40

Residential Property Management Residential Property Management Commercial Property Management Residential Property 40

American Apartment Owners Association

DECEMBER 16, 2024

Essential laws governing landlord entry rights Landlord entry rights are regulated by specific laws to ensure that tenants privacy and enjoyment of the property are protected. Checking compliance with lease terms, such as pet policies or smoking restrictions. Conducting inspections to ensure the property is in good condition.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

Muldoon Associates

NOVEMBER 7, 2024

Fair housing, habitability standards, eviction procedures, and security deposit returns are all governed by state and federal laws. Implementing Compliance Procedures. Inadequate Insurance Coverage Investors in real estate understand how important it is to protect their assets. That starts with good insurance.

Lease Agreement 98

Lease Agreement Property Property Manager Property Management 98

Hosty

AUGUST 31, 2023

Key Legislation for Airbnb Hosts Short-Term Letting Licenses On January 19, 2022, the Scottish Government enacted the Civic Government (Scotland) Act 1982 (Licensing of Short-Term Lets) Order 2022. Insurance Policies Home and Contents Insurance. Standard home insurances often exclude short-term lets.

Airbnb 52

Airbnb License Applications Applicants 52

MRI Software

AUGUST 2, 2024

Government Benefits and Assistance When verifying government benefits and assistance, property managers need to confirm the tenant’s eligibility and ensure that the income from these sources is sufficient to meet the rental requirements. This compliance is critical to maintaining equitable treatment for all applicants.

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

JANUARY 2, 2024

Codes and standards governing fire extinguishers The National Fire Protection Association (NFPA) sets guidelines for fire extinguisher types, placement, and maintenance. Benefits of fire extinguishers in rental properties Fire extinguishers are more than just meeting regulatory compliance. Are fire extinguishers enough?

Rental Property 52

Rental Property Property Insurance Compliance 52

Authority Property Management

JULY 26, 2024

If Proposition 33 passes, these restrictions would be removed, enabling local governments to implement rent control on any type of housing, regardless of when it was built. The process of navigating new rules, handling disputes, and ensuring compliance with varying local regulations can increase operational costs and complexity.

Real Estate 64

Real Estate Single-Family Home Property Regulation 64

Host Tools

NOVEMBER 13, 2024

This analysis should consider all costs, including mortgage payments, insurance, utilities, cleaning and management fees, and potential vacancy periods. Utilizing property listing websites, local government portals, and real estate blogs can provide valuable insights into market trends and regulatory requirements.

Real Estate 93

Real Estate Regulation Utilities Consulting 93

MRI Software

DECEMBER 9, 2024

Fixed and variable multifamily expenses Fixed multifamily expenses, like property taxes and insurance premiums, stay relatively stable year-round. Big-ticket items often include property taxes, which are unavoidable, and insurance, which can vary widely depending on location. Insurance: Both property and liability coverage.

Management 52

Management Property Utilities Insurance 52

Mem Property Management

JULY 24, 2024

In this article: The Importance of an HOA Electric Car Charging Policy Understand Your Governing Documents Who Pays for Electric Car Charging Stations? As a result, these communities lack the guidance and provisions they require to govern the installation and management of charging stations.

Government 52

Government Maintenance Condominium Applications 52

RL Property Management

OCTOBER 23, 2024

From rent collection to legal compliance and maintenance, property management services free up your time and energy while ensuring your property remains profitable. They also respond promptly to tenant repair requests, coordinating with licensed and insured contractors to resolve issues quickly.

Property Manager 52

Property Manager Property Management Rental Property Management 52

MRI Software

MAY 16, 2024

This entails not only proper disposal of waste and byproducts to uphold cleanliness but also adherence to government guidelines on recycling and waste disposal to minimize environmental impact and promote sustainability.

Maintenance 52

Maintenance Compliance Tenant Regulation 52

Beach Front Property Management

JANUARY 22, 2025

For homeowners in many states, this highlights the importance of including reliable wildfire coverage in their insurance policies. While some insurance providers exclude wildfire coverage from standard policies, many fill the gap. Most insurance policies provide home insurance fire coverage for wildfire damage.

Insurance 147

Insurance Electronics Landlord Property 147

MRI Software

FEBRUARY 8, 2024

Fixed Expenses: Constant amounts unaffected by occupancy fluctuations, encompassing property taxes and insurance premiums. Compliance with Codes: Properties must be maintained according to all applicable building codes enforced through local, state, and federal statutes. New York City is the most prominent example in the United States.

Apartment 52

Apartment Rent Maintenance Lease 52

Our Little Lifestyle: Airbnb

AUGUST 18, 2024

Since longer stays could increase the risk of wear and tear, ensure you have proper insurance coverage and a security deposit policy in place. Legal and Regulatory Challenges : Some areas have specific laws governing long-term rentals and tax rates, which can be more restrictive or require additional compliance.

Airbnb 57

Airbnb Tenant Rental Income Regulation 57

Our Little Lifestyle: Airbnb

AUGUST 18, 2024

Since longer stays could increase the risk of wear and tear, ensure you have proper insurance coverage and a security deposit policy in place. Legal and Regulatory Challenges : Some areas have specific laws governing long-term rentals and tax rates, which can be more restrictive or require additional compliance.

Airbnb 52

Airbnb Tenant Rental Income Regulation 52

HOA Managememt

MARCH 13, 2025

The HOA’s governing documents bind the property, not the individual. State laws govern the foreclosure process, and the HOAs CC&Rs dictate the conditions under which foreclosure can occur. Insurance Coverage for Unpaid Dues Homeowners insurance policies may sometimes help cover unpaid dues, but this is not guaranteed.

Insurance 130

Insurance Compliance Education Government 130

HOA Managememt

APRIL 14, 2025

Zoning Laws and HOA Governing Documents Before launching a daycare, youll need to check both local zoning laws and your HOAs governing documents. Even if your local government allows home-based businesses, your HOA might have the final say on whether you can run a daycare from your property.

License 130

License Government Insurance Regulation 130

Bay Property Management Group

APRIL 15, 2025

To avoid fines, landlords should obtain proper licensing and ensure compliance with D.C.’s government document states that they have allowed you to rent out property. No Insurance Coverage By definition, keep illegal apartments under the table, without official certification. ’s housing regulations.

Apartment 130

Apartment Rent License Landlord 130