Remove Compliance Remove Lease Agreement Remove Rental Management
article thumbnail

Resident Screening & Lease Agreements: 4 Mistakes Columbus Landlords Should Avoid

RL Property Management

Managing rental properties in Columbus can be incredibly rewarding, but even small missteps can snowball into expensive problems. Because even small screening and lease agreement mistakes can cost you thousands in lost rent, legal fees, and property damage, not to mention time, stress, and lost sleep. Check it out here.

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. But this, too, must follow due process and responsible management using an approved notice of eviction template at Lawrina. Lawrina is an excellent legal resource.

Insiders

Sign Up for our Newsletter

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

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. But this, too, must follow due process and responsible management using an approved notice of eviction template at Lawrina. Lawrina is an excellent legal resource.

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
article thumbnail

How Can You Break Your Lease Without Penalty?

Bay Property Management Group

How Can You Break Your Lease (in Philadelphia and Elsewhere) In Pennsylvania, there isn’t an explicit regulation beyond what is outlined in that document: There is no stand-alone right to terminate a lease early, and many lease agreements do not allow a tenant to terminate early. Look closely at your place.

Lease 130
article thumbnail

Landlord vs Property Manager: Key Differences Explained

Bay Property Management Group

Key Takeaways from this Article Role Definitions and Responsibilities : A landlord owns the property and is responsible for key tasks like setting rental terms, maintaining the property, and adhering to legal regulations. Responsibilities Property managers take care of day-to-day rental operations.

article thumbnail

The Top 10 Mistakes Colorado Springs Property Owners Make (And How to Avoid Them)

Muldoon Associates

If a tenant makes a repair request and you don’t act on it right away, you will find yourself dealing with more significant problems down the line, including higher maintenance costs and potentially leaving your tenants dissatisfied and unlikely to renew their lease agreements. Make sure your lease agreement is clear and consistent.