Remove Compliance Remove Lease Agreement Remove Property Maintenance
article thumbnail

Who is Responsible for Rental Property Maintenance?

Real Property Management Chicago

For a variety of reasons, including clarity, responsibility, and safety, lease agreements must specify tenant and landlord maintenance obligations. A safe and habitable living environment include appropriate utilities, structural integrity, and routine maintenance.

article thumbnail

Understanding Tenant Rights and Responsibilities: A Guide for Property Managers

American Apartment Owners Association

Despite these rights, property managers may legally need to initiate eviction proceedings if a tenant continually violates their lease agreement. This outlines the cause for eviction, the corrective course of action, if any, and a specified timeline for compliance or departure from the premises.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Identify potential risks through in-depth examination, includingmarket analysisfor rental trends and property maintenance assessments. Implementproactive maintenancestrategies and legal compliance measures to control costs and legal liabilities. Manage maintenance costs proactively.

article thumbnail

5 Creative Ways to Get Bad Tenants Out

American Apartment Owners Association

Ensure Compliance with Legal Standards If your tenant engages in illegal activity, it creates a strong basis for eviction, helping you regain control of your property more quickly. Share the lease violation notices and explain their consequences. Strengthen your position by consistently enforcing the lease agreement.

Tenant 220
article thumbnail

Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

Landlord-Tenant Relationships Key Elements In A Landlord-Tenant Relationship When entering into a rental agreement, both landlords and tenants should have a clear understanding of the key elements that shape their relationship. Conducting inspections to ensure the property is in good condition.

Landlord 246
article thumbnail

Dealing with Difficult Tenants: When and How to Enforce Eviction Procedures

Real Property Management Evertrust

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
article thumbnail

Can You Cancel a Lease? Here’s Everything You Need to Know

Bay Property Management Group

In this article, we walk you through everything you need to know about lease cancellation, as well as how to avoid potential pitfalls. Key Takeaways Lease Cancellation Requires Proper Procedures : Canceling a lease involves legal steps and clear communication. Otherwise, it could be seen as an illegal eviction.

Lease 130