Authority Property Management

APRIL 4, 2024

First and foremost, it's essential to recognize that tenants have a right to privacy within their rental unit. They must provide reasonable notice before entering the rental unit , typically 24 to 48 hours in advance, except in cases of emergency or abandonment of property.

Landlord 52

Landlord Lease Agreement Rental Unit Lease 52

Authority Property Management

AUGUST 3, 2024

Key provisions include: Extended Notice Periods: Increasing the notice period for evictions and lease terminations. Immediate expenses will include compliance with new maintenance standards and potential legal fees for eviction disputes. Understanding AB12 AB12 aims to enhance tenant protections and promote fair housing practices.

Property Management 59

Property Management Property Manager Management Property Management Software 59

MRI Software

AUGUST 3, 2024

Occupancy Rate Indicates the percentage of rental units occupied by tenants. A 100% occupancy rate means all units are leased, while 0% means none are. Tracking this KPI helps evaluate leasing strategies and tenant demand trends, informing pricing and marketing decisions and aiding in maximizing rental occupancy rates.

Property Management 52

Property Management Property Manager Management Property 52

Property Management Inc.

NOVEMBER 26, 2024

Illegal apartments are rental units that don't meet local building or zoning regulations. These units often arise from unauthorized modifications or conversions of existing spaces. Taking proactive steps to address any violations and ensure compliance with local laws can help landlords avoid hefty fines and legal trouble.

Apartment 52

Apartment Rent Landlord Regulation 52

American Apartment Owners Association

NOVEMBER 2, 2022

Rental property maintenance is the process of ensuring that a property meets the landlord’s expectations as well as the rights of the tenants renting the property. It includes cleaning, maintaining and repairing the building or unit. Cleaning involves vacuuming, dusting and mopping of all common areas.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

American Apartment Owners Association

NOVEMBER 2, 2022

Rental property maintenance is the process of ensuring that a property meets the landlord’s expectations as well as the rights of the tenants renting the property. It includes cleaning, maintaining and repairing the building or unit. Cleaning involves vacuuming, dusting and mopping of all common areas.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

Property Management Inc.

FEBRUARY 10, 2025

Whether you own rental properties in Jersey City or anywhere in the state, knowing when you can increase rent and by how much ensures compliance while keeping your investments profitable. Here are the specific conditions: At the end of a lease term: Rent can only be increased once a lease term ends.

Rent 40

Rent IT Regulation Compliance 40

Authority Property Management

DECEMBER 3, 2015

Ensure the rental is clean Before showing your unit, your management service will make sure it’s spotless. In compliance with their rental agreement, previous tenants are required to leave a rental property clean, free from debris and in the same order when first occupied.

Rent 52

Rent Property Management Services Property Contractors 52

MRI Software

FEBRUARY 25, 2025

Multifamily properties account for over 40% of rental units in the United States, making them a significant part of the real estate market. Common strategic decisions include property renovations, lease structuring, and pricing adjustments. These platforms centralize data, making it easier to manage multiple units.

Landlord 52

Landlord Management Property Management Software Property Management 52

Property Management Inc.

NOVEMBER 26, 2024

State the reason for termination explicitly, using legally recognized grounds like non-payment of rent, lease violation, or property damage. Non-Compliance With Rent and Eviction Control Laws Some areas have rent control laws that limit your ability to increase rent or evict tenants without just cause.

Landlord 52

Landlord Tenant Rent Lease 52

MRI Software

JANUARY 2, 2024

You may be required to have fire extinguishers in all rental units, on each level, or just in common areas. Benefits of fire extinguishers in rental properties Fire extinguishers are more than just meeting regulatory compliance. This proactive approach reduces the risk of fire-related incidents and damages.

Rental Property 52

Rental Property Property Insurance Compliance 52

MRI Software

MARCH 20, 2025

Population growth and limited housing supply in many areas drive demand for rental units, further boosting property values. Platforms like MRI Software streamline operations with tools for rent collection, maintenance tracking, and automated lease renewals.

Apartment 52

Apartment Single-Family Home Finance Landlord 52

MRI Software

MARCH 5, 2025

Multifamily investment, on the other hand, involves purchasing buildings with multiple rental units leased to long-term tenants. Multifamily investing requires a focus on tenant acquisition, lease agreements, and ongoing property maintenance to ensure steady cash flow.

Airbnb 40

Airbnb Rental Income Airbnb Property Finance 40

Property Management Inc.

NOVEMBER 26, 2024

Navigating the complexities of property management can be challenging, especially when a tenant decides to break their lease. As a landlord, understanding what to do if your tenant breaks their lease is crucial for maintaining smooth operations and minimizing financial losses.

Lease 52

Lease Tenant Landlord Lease Agreement 52

MRI Software

APRIL 1, 2025

Surveys and detailed floor plans are necessary to clearly define the boundaries of each unit and shared area. These steps ensure compliance with local regulations and provide the foundation for a smooth conversion process. Condos tend to sell at a higher price per square foot compared to rental units, especially in competitive markets.

IT 52

IT Property Single-Family Home Condominium 52