Remove Lease Agreement Remove Presentation Remove Rent
article thumbnail

Rent Collection On Holidays: Landlords Should Plan Ahead

Rental Choice

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent.

Landlord 130
article thumbnail

How to Handle Common Lease Violations

American Apartment Owners Association

Understanding a lease violation is essential to managing lease violations effectively. When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. Lease terms must be reasonable, as unreasonable terms could create legal risks for property owners.

Lease 170
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Next Chapter in Property Management: Trends to Watch Out For

Real Property Management Chicago

Blockchain in Leasing Digital finance tools are already streamlining rent payment processes and record-keeping tasks. Where these payment platforms are likely to go next is the adoption of blockchain technology to offer renters new ways to pay rent and establish smart contracts and safe, accessible leasing agreements.

article thumbnail

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. Privacy Both landlords and tenants have the right to privacy. Key Points: 1.

Landlord 246
article thumbnail

Buying a Tenant-Occupied Property: Essential Tips and Considerations

Real Property Management Chicago

However, don’t assume that a leased property is in good condition or that the tenants are reliable and pay rent on time. Rather, take the time to perform due diligence and ensure the leased property is a worthwhile investment. Most of the time, it’s important to know which existing agreements will govern your new investment.

Tenant 130
article thumbnail

How to Handle Common Lease Violations

Beach Front Property Management

Understanding a lease violation is essential to managing lease violations effectively. When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. Reading this agreement carefully before signing allows residents to discuss any terms they want to adjust.

Lease 130
article thumbnail

Dealing with Difficult Tenants: When and How to Enforce Eviction Procedures

Real Property Management Evertrust

It’s tempting to rent to the first person who shows interest in your property, especially when your rental is sitting vacant. Failing to catch these early on can leave you with someone who doesn’t pay rent on time or damages your property. Make sure the tenant understands the lease before signing.

Tenant 130