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Fire insurance 101: What landlords & property managers need to know

Buildium

That’s why having the right insurance in place is so important. Staying on top of the insurance policies for the properties you managemaking sure they have the right coverage and keeping those policies up to dateis just another way you can provide value to your owners. What Is Dwelling Fire Insurance for Rental Properties?

Insurance 246
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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours notice before entering, respecting tenants privacy and adhering to specific state laws regarding entry reasons and times. Privacy Both landlords and tenants have the right to privacy.

Landlord 246
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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. A lease ends after a specific term (usually a year).

Lease 130
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Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

Bay Property Management Group

There are so many types of leases. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. As dedicated property managers in Baltimore and surrounding areas, we deal with a lot of leases. Table of Contents What is a Gross Lease? Good question.

Lease 147
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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?

Landlord 147
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How to Keep Your Tenants Safe

American Apartment Owners Association

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Legal responsibilities of a landlord Warranty of Habitability: Every lease or rental agreement includes an implied warranty of habitability, which means the premises are suitable for human occupancy.

Tenant 244
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Why Your Evanston Tenants Need Renter’s Insurance

Real Property Management Chicago

As a real estate investor in Evanston , you understand the crucial role of renter’s insurance. Knowing about renter’s insurance and why you should require it for your tenants is crucial for your security and theirs. What is landlord insurance?

Insurance 130