American Apartment Owners Association

DECEMBER 20, 2024

In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. Let’s examine the specifics of these rights and obligations to assist property managers in better and more effectively navigating this complex environment.

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Property Management Property Manager Tenant Management 214

Genuine Property Management

JANUARY 6, 2025

As a tenant, signing a lease creates a sense of stability and ensures you have a home for the agreed period. But what happens if a landlord decides to break that agreement? appeared first on Welcome to Genuine Property Management. appeared first on Welcome to Genuine Property Management.

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Lease Landlord Lease Agreement Property Management 130

Real Property Management Chicago

NOVEMBER 22, 2024

The swift change in the rental property management industry is no surprise. All of these factors, taken together, have lastingly altered the property management landscape. What then drives property management going forward? As a professional in the industry, staying ahead of the trends is imperative.

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Property Management Property Manager Management Property 241

Bay Property Management Group

NOVEMBER 25, 2024

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?

Lease 147

Lease Insurance Commercial Property Utilities 147

Beach Front Property Management

SEPTEMBER 26, 2024

Managing a rental property can be rewarding, but dealing with residents’ questions and details can be overwhelming. A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. In addition, a strong lease agreement safeguards you against potential legal issues, offering peace of mind.

Lease 130

Lease Landlord Lease Agreement Insurance 130

Beach Front Property Management

NOVEMBER 6, 2024

Have you ever encountered challenges with a lease violation? Lease violations are common situations that can impact both homeowners and residents. Fortunately, with a professional approach, they are entirely manageable. In this article, you will find the most common lease violation types. What is Lease Violation?

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Lease Lease Agreement Attorney Maintenance 130

Bay Property Management Group

NOVEMBER 26, 2024

As a property management company, we understand that things come up. Whether your family is growing or you must relocate for work , you may have to break your lease early. While this is not ideal for landlords or property managers, you can do a few things to make the process easier. Generally speaking, yes.

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Lease Lease Agreement Property Management Property Manager 130

Real Property Management Chicago

NOVEMBER 25, 2022

Part of doing so is guaranteeing certain consequences for violating specific terms in your lease. One way to encourage renters to maintain their lease agreement is to issue fines for violations. But then fines and penalties also need to be specifically detailed in your lease agreement before you can charge them.

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Lease Lease Agreement Property Management Property Manager 130

Bay Property Management Group

DECEMBER 5, 2024

Unfortunately, you may face penalties for breaking a lease. As such, weve mapped out what those consequences entail, how to possibly reduce them, and instances when you can break a lease without a penalty altogether. What Are the Penalties for Breaking a Lease? Read below for more information.

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Lease Lease Agreement Landlord Applications 130

Bay Property Management Group

NOVEMBER 18, 2024

There are all kinds of reasons why someone would need to break their lease. How can you break your lease without penalty? As the premiere property managers in Philadelphia , we get this question often. Here are some common ways in which someone might find a way to break their lease without penalties. Good question!

Lease 130

Lease Lease Agreement Landlord Property Management 130

Buildium

JANUARY 13, 2025

Property management is a people-focused business. In this post, well cover what you need to know about property management virtual assistants, when they make sense over traditional staffing, and how to introduce them in a way that enhancesrather than disruptsthe way you do business. What Are Virtual Assistants?

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Property Management Property Manager Management Property 246

Bay Property Management Group

NOVEMBER 25, 2024

Entering into a lease is always a time to take a pause and think about what you are doing. Many people might get handed a rental agreement. Wait, I thought I was signing a lease? What is the difference between a lease and a rental agreement? What is the difference between a lease and a rental agreement?

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Lease Landlord Property Management Property Manager 147

Bay Property Management Group

DECEMBER 8, 2024

Are you thinking of ending your lease contract early? Can you cancel a lease without facing unexpected costs? While canceling a lease can lead to challenges, the proper steps and guidance can help you navigate the process with minimal hassle. What Does It Mean to Cancel a Lease?

Lease 130

Lease Lease Agreement Landlord Tenant 130

Genuine Property Management

SEPTEMBER 19, 2024

The answer usually depends on the terms of your lease agreement and the type of repair in question. While every situation is different, property managers often play a key role in managing repairs. Below, we’ll cover the typical circumstances where property […] The post Do Property Managers Pay for Repairs?

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Property Management Property Manager Lease Agreement Management 130

American Apartment Owners Association

DECEMBER 9, 2024

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Its essential to remember that these approaches are designed to respect legal processes and lease terms while offering alternatives that can help avoid the costs and complications of eviction.

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Tenant Lease Landlord Lease Agreement 220

Real Property Management Evertrust

JANUARY 9, 2025

The property management industry is evolving, mostly propelled by technological advancement. Indeed, AI-based technology is transforming every facet of rental property management. Continue reading to uncover the key technologies revolutionizing rental property management and defining the industry’s future.

Property Management 147

Property Management Property Manager Management Property 147

Bay Property Management Group

DECEMBER 30, 2024

Moreover, you will have to handle this all yourself unless you hire a property management company to support you. Lease Agreement: You also should create a lease agreement. Lease agreements are legal contracts that outline expectations, rights, and requirements between the property owner and tenant.

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Rent Lease Agreement Lease Landlord 147

American Apartment Owners Association

NOVEMBER 21, 2024

It will help landlords and property managers make informed decisions about who to rent to. All applicants over the age of 18 must be on the lease and should be screened. Agreement and authorization. This statement can be used in a lease termination or eviction if the tenant misrepresents information on the application.

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Applications Applicants Lease Agreement Landlord 246

Bay Property Management Group

JANUARY 12, 2025

Rental arbitrage is a business approach where individuals get long-term rental leases and then sublet the rental to others for short-term intervals. Our property management company in Baltimore have observed that tenants often do this because it’s so effortless. The tenant could break your lease terms (and the law!)

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Landlord Lease Agreement Insurance Lease 147

Fourandhalf

AUGUST 22, 2024

There are many different factors at play when choosing the best property management software for your company: your growth plans, how your company is structured, and what types of properties you manage. The property management industry has changed. Generally speaking, property management software takes care of your operations.

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Property Management Software Property Management Property Manager Management 163

BetterWho

OCTOBER 4, 2024

As a property management business owner, the recent lawsuit between the Federal Trade Commission (FTC) and Invitation Homes has raised concerns across the industry. If you’re a property manager, this lawsuit serves as a stark reminder of the growing scrutiny on how property management companies handle tenants and fees.

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Property Management Property Manager Management IT 130

American Apartment Owners Association

JANUARY 9, 2025

If this sounds familiar, you might assume property management software is just another expense eating into your profits. This article will investigate the true value of property management software, including its uses and benefits for landlords of all sizes (financial and otherwise). What is Property Management Software?

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Property Management Software Property Management Property Manager Management 130

Bay Property Management Group

DECEMBER 23, 2024

Are you a rental property owner stuck in the classic debate: landlord vs property manager ? In this guide, well break it all down, from the perks of being an independent landlord to the convenience of hiring a property manager, so you can confidently choose the right path for your rental business. Lets dive in!

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Property Management Property Manager Landlord Management 147

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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Tenant Lease Agreement Property Lease 130

American Apartment Owners Association

DECEMBER 16, 2024

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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Landlord Lease Agreement Tenant Lease 246

Real Property Management Chicago

JUNE 2, 2015

Is a professional property manager the right choice for your rental property? Professional property management can make owning (and profiting from!) The decision to use a professional property management company involves weighing the pros and cons. appeared first on Real Property Management Chicago Group.

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Professional Property Management Property Management Property Manager Management 130

American Apartment Owners Association

NOVEMBER 7, 2024

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.

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Tenant Landlord Lease Applications 244

Bay Property Management Group

DECEMBER 11, 2024

Managing multi-family rentals is a huge task. So, how can you manage these rental properties like a well-oiled machine? This article shares practical property management tips to help you streamline operations and boost efficiency. So, what are some of the common obstacles you should prepare for?

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Management Regulation Property Management Property Manager 130

Buildium

JANUARY 22, 2025

Implementing marketing strategies can require time and resources that you might not have as a busy property manager. Thats where property management marketing tools come in. Property Management Marketing Tools: What Are They? Because this kind of software covers so much ground, it also has a wide range of benefits.

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Property Management Property Manager Management Media 130

Osprey Property Management

DECEMBER 5, 2024

There are several reasons why rental property owners may have to evict a tenant, whether for severe violations of the rental lease agreement, property damage, or a lack of rent payments. Our Coastal Virginia property management team have insights into what does it costs to evict a tenant and how to work through the eviction process!

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Tenant Lease Agreement Rental Property Property Management 130

Rental Choice

DECEMBER 31, 2024

Lease Clauses To make things easier for landlords and tenants in the long run, landlords may include stipulations about holiday rent payments in lease agreements. A landlord’s course of action will depend on your lease agreement and local regulations. Communication is key.

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Landlord Rent Lease Agreement Tenant 130

MRI Software

SEPTEMBER 5, 2024

Lease management software is used by real estate teams to oversee the management of their lease portfolios, from keeping on top of administration and accounting to making strategic decisions about contract renewals. Why do you need lease management software?

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Lease Management Compliance Rent 59

American Apartment Owners Association

DECEMBER 9, 2024

Manage maintenance costs proactively. Conducting a detailed review of lease agreements and legal documents is also necessary to uncover any potentiallegal risksthat could impact the investment. To ensure a successful tenancy, consider tenant screening as an integral part of yourproperty management strategy.

Real Estate 223

Real Estate Compliance Maintenance Tenant 223

American Apartment Owners Association

SEPTEMBER 16, 2024

Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease. A rent concession is used to incentivize renters to sign a new lease orrenew an existing lease. Doing so will hopefully persuade them to sign the lease and fill your vacancy. You decline, and they end their lease.

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Lease Rent Landlord Rental Income 231

American Apartment Owners Association

DECEMBER 9, 2024

. “Clearly there has been a need for a comprehensive focus on renters’ needs that goes beyond setting reasonable rents and typical property management activities,” Aber said. ” Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease.

Lease 174

Lease Lease Agreement Apartment Rent 174

American Apartment Owners Association

OCTOBER 18, 2024

As the demand for housing continues to rise, property managers face the dual responsibility of maintaining occupancy standards and adhering to fair housing regulations. While occupancy limits are essential for these reasons, property managers must enforce them in a manner that also aligns with federal fair housing laws.

Compliance 132

Compliance Lease Agreement Property Management Property Manager 132

Real Property Management Evertrust

OCTOBER 7, 2024

Becoming a landlord is often seen as a great investment opportunity, but managing tenants , especially difficult ones, can quickly turn your dream into a nightmare. Why it’s a mistake: An unclear or poorly written lease can lead to disputes over rent due dates, maintenance responsibilities, and other important issues.

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Tenant Lease Agreement Landlord Lease 130