Real Property Management Chicago

JULY 21, 2014

Many landlords refused to lease to residents based on a number of personal characteristics and traits, chiefly race and religion, though many other factors played a role in property owners refusing to rent to certain people.

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Real Property Management Chicago

SEPTEMBER 13, 2024

Conducting Due Diligence The immediate cash flow and turnkey nature of acquiring a leased property can make it seem like a great choice for your next investment. However, don’t assume that a leased property is in good condition or that the tenants are reliable and pay rent on time.

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Rental Choice

AUGUST 6, 2024

Smoking in apartments is a contentious issue that has caused many disputes between landlords and tenants. In addition, landlords may prohibit smoking under the rental agreement and an apartment smoker will face consequences should they ever break the rules. Federal Law The federal government regulates both tobacco and marijuana.

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Apartment Tenant Lease Agreement Regulation 130

American Apartment Owners Association

SEPTEMBER 13, 2022

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. Its implemented by government programs in key municipalities across the U.S.

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Bay Property Management Group

JANUARY 14, 2025

Start by searching for your state government’s legal department website. When landlords or property managers check your credit report, they might not see an eviction listed directly. After all, it’s better for your potential landlord to hear what happened directly from you now than from a screening report later.

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American Apartment Owners Association

OCTOBER 14, 2024

The Fair Housing Act prohibits landlords from discriminating against an applicant based on any of the following: Age Race National Origin Religion Familial Status Gender Physical or Mental Disability Landlords must ask every applicant the same questions and have them complete the same application in order to avoid appearing discriminatory.

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Applicants Applications Landlord Single-Family Home 130

Bay Property Management Group

DECEMBER 11, 2024

You can achieve this by offering incentives to tenants who want to extend their leases, managing your property well, and setting competitive prices for your rental apartments to draw in new tenants. Managing Government Regulations New and evolving government housing regulations continue to shape the rental market.

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Real Property Management Chicago

OCTOBER 29, 2021

In such cases, one of the best ways to end your current lease is through non-renewal. Eviction is the legal process through which a landlord may remove a tenant from a rental property. It is a choice not to renew the lease at the end of the lease term.

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Bay Property Management Group

DECEMBER 26, 2024

However, rule violations, unpaid fees, or legal actions initiated by the HOA can impact the property owner, potentially leading to eviction through the landlord. Understanding and Compliance Are Crucial – Tenants should familiarize themselves with HOA rules and maintain open communication with landlords. What is an HOA?

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Landlord Compliance Property Manager Property Management 147

American Apartment Owners Association

SEPTEMBER 30, 2024

This idea comes from way back in history when the government wanted to encourage people to productively use abandoned land or neglected properties. Tenants have a legal right to occupy a property because of a written agreement with the landlord. Eviction Notice and Procedures: There’s a law on how landlords can evict tenants.

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InveServe

JANUARY 2, 2025

Building and maintaining strong landlord-tenant relationships can be rewarding and challenging, especially in a rental market like San Gabriel Valley, CA. Disputes over lease terms, maintenance issues, or rent payments are almost inevitable, but how theyre addressed can make all the difference.

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MRI Software

OCTOBER 3, 2024

Subleasing a commercial lease can be an effective way to manage unused space or reduce costs, but it comes with specific legal and operational considerations. Whether you’re a tenant or a landlord, understanding the process is essential to ensure success. Find out more Have you got the right data to drive down lease costs?

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Lease Lease Agreement Landlord Tenant 52

Esquire Property Management Group

OCTOBER 9, 2024

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.”

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Lease Commercial Property Commercial Property Management Lease Agreement 52

MRI Software

DECEMBER 6, 2023

Green leases have emerged as a powerful tool in recent years, offering a range of benefits for both landlords and tenants. In this post, we’ll delve into the advantages of green leases and how they contribute to a more sustainable and mutually beneficial real estate landscape.

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MRI Software

DECEMBER 6, 2023

In the pursuit of sustainable practices and the race towards achieving net-zero targets, an instrumental tool has emerged in the real estate landscape: green leases. Primarily associated with commercial properties, green leases are a forward-thinking response to escalating environmental concerns. Why are green leases important?

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Real Property Management Chicago

JUNE 2, 2015

Also, you can count on your property manager’s years of experience and undivided attention to the ever-changing local laws governing rentals to make sure that your property is being properly maintained and rented to the right tenants without incident.

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Real Property Management California Coast

MAY 22, 2020

That means, as a Redondo Beach property owner, it is crucial to understand the laws that govern rental homes in your district. Landlord-tenant law details the rights and obligations that both landlords and tenants have relative to a rental property. Landlord/tenant law usually rests on the strength of your lease agreement.

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Real Property Management Choice

MAY 23, 2024

Let’s get started so you know how to structure your lease, your marketing, your screening , and your entire rental management plan in a way that keeps you in compliance. Whether your property is exempt or non-exempt, you need to reflect its status in your lease agreement. A breach of a material term of the lease. Time will tell.

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Lease Landlord Single-Family Home Rent 52

Real Property Management DC Metro

MAY 22, 2020

That means, as a Brookland property owner, it is valuable to understand the laws that govern rental homes in your locality. Landlord-tenant law explains the rights and obligations that both landlords and tenants have relative to a rental property. Landlord/tenant law always depends on the strength of your lease agreement.

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Landlord Tenant Lease Agreement Lease 52

American Apartment Owners Association

OCTOBER 18, 2024

This article explores the critical role of occupancy limits, the legal framework governing their enforcement, and the considerations property managers must account for when handling requests for exceptions. This involves engaging with the residents to discuss the terms of the lease and the occupancy policy.

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Muldoon Associates

NOVEMBER 7, 2024

You need to get a resident in place who is dependable, financially able to pay rent, and willing to follow the lease terms and take care of your property. Verify references and speak with previous landlords and employers to get a complete picture of the applicant. Make sure your lease agreement is clear and consistent.

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Lease Agreement Property Property Manager Property Management 98

Rental Choice

APRIL 4, 2024

Setting the proper rental rate can make or break a landlord’s success in the rental market. Landlords can often use the property’s overall worth to determine the base rental price. It’s a useful tool for landlords who don’t know where to start. What do other landlords in the same area charge?

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Apartment Rent Landlord Rental Property 130

Buildium

NOVEMBER 5, 2024

1099 Requirements for Property Owners If you own the property you are managing (a private landlord), you do not need to file a 1099 for any work related to that property. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes.

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Bay Property Management Group

DECEMBER 16, 2024

Failing Infrastructure Even though the government has put in place a great system for transportation, the infrastructure still needs to be improved. In response, the city government has been working to address public safety concerns through various initiatives. Make memories as you watch the legends themselves make football history.

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California Leasing & Management

APRIL 2, 2024

However, navigating the complex landscape of rental property regulations requires a solid understanding of landlord-tenant laws, lease agreements, fair housing practices, and eviction procedures. Understanding Landlord-Tenant Laws: Landlord-tenant laws govern the rights and responsibilities of both landlords and tenants.

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RL Property Management

NOVEMBER 12, 2024

Additionally, energy-efficient features may qualify for government incentives, lowering your upfront costs and boosting your ROI further. Happy tenants are more likely to renew their leases, helping you reduce vacancy rates and turnover costs. Another challenge is timing the improvements incorrectly.

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Property Property Manager Property Management Tenant 98

RL Property Management

DECEMBER 9, 2024

Managing rental properties is both challenging and time-consuming, which is why many landlords and investors turn to professional property management companies to help manage their most valuable assets. For instance, leasing activity tends to dip in the winter months, making it harder to fill vacancies.

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Property Management Property Manager Management Property 98

Nest DC

NOVEMBER 15, 2023

Tenant Screening and Lease Agreements: Screening potential residents is an essential part of the rental process.You want to find find reliable individuals who will treat your property respectfully. Ongoing Responsibilities: As a rental owner, your responsibilities extend beyond the initial advertising and leasing process.

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Real Property Management Choice

NOVEMBER 28, 2024

It sets the stage for a positive landlord-tenant relationship. California has an implied warranty of habitability, and recent laws now require local governments to enforce those standards more forcefully. Preparing the Lease Agreement Before you open the doors of your property to a new tenant, you have to sign the lease.

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Tenant Rental Property Property Move-In Inspection 98

Florida Property Management

MAY 30, 2024

In Florida, the eviction process is governed by a specific set of laws that landlords must meticulously follow to legally remove a tenant from their property. If tenants choose to contest the eviction complaint, landlords might anticipate a longer process. Landlords must give tenants a 3-day notice to pay or vacate.

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Landlord Lease Tenant Rent 52

Real Property Management Choice

MAY 20, 2015

RENT STABILIZATION (LA RSO) If your building was built and certificates of occupancy were obtained before February of 1978 and there are two or more units on the same lot , your rentals are under and will be governed by the Los Angeles Rent Stabilization Ordinance – (LA RSO). As a new owner, you must register your units with RSO.

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Real Property Management Choice

JULY 22, 2015

It is very important for a landlord to know what is required to maintain your rental property habitable. It is actually in landlord’s best interests to keep your investment in the best condition possible. Carpet Condition California law does not specify when landlords must replace carpeting in rental units.

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Rental Property Property Landlord Government 52

American Apartment Owners Association

DECEMBER 2, 2024

Evaluate traditional financing methods, government-backed loans, and private lending options. Property management software helps organize leasing documents, manage maintenance requests, and track rent payments. Be sure to weigh the pros and cons of each to secure the most favorable terms, optimizing your investment from the outset.

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MRI Software

DECEMBER 5, 2024

Key benefits of investing in affordable multifamily housing Investing in affordable multifamily properties comes with numerous benefits that make it attractive for landlords. On top of that, some local governments offer property tax reductions or grants to encourage affordable housing development. Financing can also be a challenge.

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HOA Managememt

DECEMBER 10, 2024

is critical to both landlords and tenants. Landlords can know how to navigate eviction without infringing on squatters’ rights. By giving squatters rights, the government indirectly encourages landowners to maintain and monitor their properties. To evict them, landlords must usually give 30 days notice.

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Esquire Property Management Group

OCTOBER 24, 2024

It appears that the federal government has a serious interest in this trend as well. This initiative involves leveraging federal grants and offering financing at below-market rates to incentivize participation from private entities and commercial landlords. The OTR conversion momentum has not gone unnoticed by the federal government.

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Real Property Management California Coast

JUNE 22, 2018

For landlords with single-family properties, one of the most main benefits is satisfied residents. Your residents are more likely to extend their lease if they are comfortable with an updated HVAC unit, which is going to save you the cost and hassle of having to get new residents every year.

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