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How to Renew Lease Agreements: A Tenant Guide

Bay Property Management Group

In this guide, well walk you through everything you need to know: what a lease renewal is, when to do it, the benefits and drawbacks, how to negotiate better terms, and your legal rights as a tenant. Highlight your value as a tenant by mentioning your reliability and good record. Let’s get into it.

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Seattle Landlord Sues The City Over Tenant Rules

American Apartment Owners Association

A Seattle landlord has sued the City of Seattle alleging a number of laws passed in the name of tenant protections in the last few years have financially strapped his affordable housing units, according to the Seattle Times. Source: Rental Housing Journal The post Seattle Landlord Sues The City Over Tenant Rules appeared first on AAOA.

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Bill Would Allow 3-Day Evictions in Federal Subsidized Housing

Rental Housing Journal

Federal lawmakers have introduced a bill to allow landlords to give tenants in federal subsidized housing 3-day eviction notice, according to reports. Landlords had been required to give 30 days notice to tenants in federally subsidized housing before evicting them for non-payment of rent, after COVID-19 protections had ended.

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Deceased Owners In HOA: A Look At Different Possible Scenarios

HOA Managememt

The HOA’s governing documents bind the property, not the individual. State laws govern the foreclosure process, and the HOAs CC&Rs dictate the conditions under which foreclosure can occur. Renters must comply with community rules, and the property owner (or estate) is responsible for ensuring tenant compliance.

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Buying a Tenant-Occupied Property: Essential Tips and Considerations

Real Property Management Chicago

Acquiring a rental property with existing tenants is not only a convenient choice, but also a great opportunity. Skipping renovations, advertising, and tenant screening is just the start of the advantages. That said, it’s vital to understand that purchasing a property with tenants already living there comes with its own challenges.

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What Is Debt-To-Income Ratio (DTI): What Investors Need to Know

Bay Property Management Group

That said, if you seek out government-backed loans, like FHA, they often will take borrowers with this range. Government-backed loans may allow DTIs up to 43%, but anything above 50% is considered risky and can limit loan approval chances. This way, you have less on your plate, and your tenants are satisfied.

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Can Tenants Get The Boot When Smoking In Apartments?

Rental Choice

Smoking in apartments is a contentious issue that has caused many disputes between landlords and tenants. Smoking in Apartments and Tenants’ Rights Can I smoke in my apartment? Smoking in Apartments and Tenants’ Rights Can I smoke in my apartment? Using it even privately may expose tenants to federal offense charges.

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