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Occupancy Limits and Fair Housing Compliance

American Apartment Owners Association

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. Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease.

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Important Lease Clauses For Landlords

Beach Front Property Management

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. You can research local laws through your state government website.

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The Importance of an Accurate Rental Application

American Apartment Owners Association

All applicants over the age of 18 must be on the lease and should be screened. This statement can be used in a lease termination or eviction if the tenant misrepresents information on the application. Rushing into a lease agreement without an application and professional screening could end up being the biggest mistake you make.

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What Is A Rental Arbitrage? A Guide For Landlords

Bay Property Management Group

Rental arbitrage is a business approach where individuals get long-term rental leases and then sublet the rental to others for short-term intervals. The process involves: Securing a Lease Agreement: As we stated before, tenants start the rental arbitration process by signing a long-term lease. What Is Rental Arbitrage?

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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

Some key elements to consider include: The lease agreement This legally binding document outlines the terms and conditions of the rental agreement, including rental payment, lease duration, and any specific rules or restrictions. Checking compliance with lease terms, such as pet policies or smoking restrictions.

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Buying a Tenant-Occupied Property: Essential Tips and Considerations

Real Property Management Chicago

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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Can Tenants Get The Boot When Smoking In Apartments?

Rental Choice

Apart from this, federal, state, and local governments often restrict various types of smoking. Federal Law The federal government regulates both tobacco and marijuana. However, if the landlord has included the no-smoking policy in the lease agreement, tenants can be evicted for smoking. Let us discuss the former first.

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