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A New Year Reminder: Strengthening Policies, Procedures, and Written Communication in Property Management

American Apartment Owners Association

As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence. Regular training sessions are critical to reinforce the importance of these policies and ensure all employees understand their role in maintaining compliance.

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Renewal of Consent / Phone Number Verification for receiving Messages- TRAI compliance

ADDA

ADDA is a technology and communication platform on which Associations communicate official information to their Owners and Tenants. Phone Numbers are one of these Contact information. TRAI mandates that for a Technology Platform to send messages to Recipients, the recipients must give explicit consent to the technology platform.

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Occupancy Limits and Fair Housing Compliance: Navigating Enforcement and Accommodation Requests

American Apartment Owners Association

Enforcing occupancy limits is essential for ensuring safety compliance, as overcrowded units can pose significant risks, including increased fire hazards, restricted emergency access, and excessive strain on the property’s infrastructure. But what does enforcing these types of limits ensure for properties?

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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. Keep reading and explore our guide to rent increase notices, compliance and more. Interested in more information? Ready to get started?

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BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

Important update as of December 12, 2024 A nationwide court order has temporarily put a hold on the requirement for businesses to report Beneficial Ownership Information (BOI) under the Corporate Transparency Act (CTA). Our role is to help ensure NAA members are informed and aware of their responsibilities, said Joe.

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Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Implementproactive maintenancestrategies and legal compliance measures to control costs and legal liabilities. Analyze rental market trends for informed decisions. Ensure legal compliance to mitigate risks. Another important element of due diligence is evaluating theproperty’s maintenance and legal compliance.

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Holiday Fair Housing Check List

American Apartment Owners Association

Balancing festive cheer with the requirements of fair housing compliance and inclusivity is no small task. Inspections may uncover non-compliance in resident decorations, while staff communication could inadvertently reflect language that alienates or excludes some residents. size, safety, and placement rules).