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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

Part of being a rental property owner or manager is understanding the local and state rent increase laws. 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. Property renovations or improvements.

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Who is Responsible for Rental Property Maintenance?

Real Property Management Chicago

In the world of rental properties, numerous maintenance responsibilities fall under the purview of either the landlord or the tenant. With effective communication, tenant satisfaction, and cost management, it helps to know who is in charge of maintaining rental properties.

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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

The answer is straightforward: yes, landlords have the legal authority to enter the rental property they own. 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.

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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. Analyze rental market trends for informed decisions.

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A Complete Guide to Renting Out Your House

Bay Property Management Group

Heres some of the main landlord-tenant laws you need to keep in mind : Maintenance: You are legally obligated to keep your rental property habitable. Also, you must conduct regular inspections on the property. Taxes: You are required to pay taxes on your rental income. Always put this first.

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What to Do When You Don’t Have Keys to Your Rental Property

Authority Property Management

Landlord Tips: What to Do If You Don’t Have Keys to Your Rental Property As a landlord, one of the basic necessities for managing your rental property is having a set of keys. Why It’s Important to Have Keys to Your Rental Property 1. Steps to Take If You Don’t Have Keys 1.

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Fair Housing Compliance for Landlords: Mitigating Risks and Protecting Your Business

RL Property Management

When it comes to managing rental properties, Fair Housing compliance for landlords is essentialits the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. Here are some common pitfalls that lead to non-compliance and how to avoid them.