Bay Property Management Group

FEBRUARY 13, 2025

Renting a home seems straightforward enough on paper. You pay rent and enjoy your space. But sometimes, without even realizing it, you might break a lease rule that could get you in trouble or, worse, evicted. So, what is a lease violation, and how can you avoid making one? What Is a Lease Violation?

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Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

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American Apartment Owners Association

DECEMBER 16, 2024

Have you ever encountered challenges with a lease violation? Lease violations are common situations that can impact both homeowners and residents. In this article, you will find the most common lease violation types. Dive into the details of lease violations and how to resolve them smoothly and successfully!

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Lease Lease Agreement Attorney Maintenance 233

Bay Property Management Group

FEBRUARY 4, 2025

One of the benefits of this option is that you can rent while saving to buy the same apartment. Its a unique combination of renting and owning the property. And can a landlord break a rent-to-own contract? This guide will explain everything you need to know about rent-to-own properties. But its not always that simple.

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Bay Property Management Group

MARCH 13, 2025

The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. In this article, well help you understand how to calculate the rent-to-income ratio, why it matters to you as a landlord, and what to do if a tenant doesnt meet the threshold.

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Buildium

MARCH 19, 2025

Manual tracking of rent payments, maintenance requests, and tenant communications can be time-consuming and prone to errors. Small landlord property management software includes financial and accounting tracking capabilities , including rent collection, expense management, and reporting.

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Property Management Software Property Manager Property Management Landlord 130

American Apartment Owners Association

FEBRUARY 25, 2025

Why Landlords Need to Use Property Management Software in 2025 Rental property management comes with a laundry list of responsibilities from collecting rent and screening tenants to monitoring expenses. O pt im ize s Lease Management: Property management software allows digital storage of leases and related documents.

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Property Management Software Property Manager Property Management Management 207

Bay Property Management Group

JANUARY 30, 2025

Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference. So, can you pay rent after receiving an eviction notice? Maryland law even allows tenants to redeem their lease by paying rent and late fees before the court finalizes the eviction.

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Rent Landlord Tenant Lease 130

Bay Property Management Group

FEBRUARY 18, 2025

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

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Utilities Rent Tenant Landlord 130

Bay Property Management Group

FEBRUARY 16, 2025

They both come from leasing; a lease agreement where one person lets another use their property in exchange for payment. For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). That’s going against your lease. Who is the Lessee?

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Bay Property Management Group

FEBRUARY 24, 2025

Imagine going through the long process of renting a place, only to find out your landlord has policies about who can visit. Main Takeaways As long as your guests’ stay is compliant with your lease terms, and they don’t cause disruptions or property damage, a landlord typically cannot otherwise tell you who can be at your house.

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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? Good question.

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Lease Insurance Commercial Property Utilities 147

Beach Front Property Management

NOVEMBER 20, 2024

Finding the perfect commercial property for your business is an exciting milestone, but lease negotiations can sometimes feel overwhelming. Negotiating commercial property leases requires careful market research and attention to key terms like rent, lease duration, and maintenance responsibilities.

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Beach Front Property Management

SEPTEMBER 26, 2024

When preparing a property for rent, you handle key tasks like painting, cleaning carpets, making minor repairs, and ensuring that plumbing, electrical, and HVAC systems are safe. A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Will you impose late fees? If so, how much?

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Lease Landlord Lease Agreement Insurance 130

MRI Software

FEBRUARY 11, 2025

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

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Lease Landlord Lease Agreement Property 52

Bay Property Management Group

DECEMBER 30, 2024

Considering renting out your house? Read on to understand the process of renting out your house and avoid potential hiccups. Read on to understand the process of renting out your house and avoid potential hiccups. Renting out your house can give you several benefits. There are many reasons you could be here.

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Authority Property Management

MARCH 7, 2025

In California, landlords can sell a property even if it has an active lease. In most cases, the lease agreement dictates what happens next: Fixed-Term Lease: If your tenant has a lease with a set end date (such as a one-year lease), the new owner must honor it. Lets break it down.

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American Apartment Owners Association

DECEMBER 9, 2024

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. Offering to help make their move easier boosts the likelihood of agreeing to a shorter lease term.

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Tenant Lease Agreement Lease Landlord 246

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. In this article, you will find the most common lease violation types. Dive into the details of lease violations and how to resolve them smoothly and successfully!

Lease 130

Lease Lease Agreement Attorney Maintenance 130

Bay Property Management Group

FEBRUARY 6, 2025

Once the dust settles and your lease has finished, are pet deposits refundable? You Meet All Lease Terms If your landlord has found you followed the lease agreement (e.g., In Virginia, your security deposit must be a maximum of 2 months’ rent. Still, that doesn’t answer what happens after the tenancy.

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Landlord Lease Agreement Lease Tenant 130

BetterWho

MARCH 28, 2025

AI-Powered Tenant Communication AI-powered chatbots and virtual assistants can handle tenant inquiries 24/7 , instantly providing lease details, answering maintenance questions, and processing service requests. How RTMs Support Property Management: Administrative Support: Handling lease agreements, tenant screening, and compliance tasks.

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Property Manager Property Management Management Property 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? Commonly, landlords ask for around 2 months of rent.

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American Apartment Owners Association

DECEMBER 20, 2024

Landlords and property managers must follow this rule to avoid making unnecessary or excessive admissions into the rented space. Despite these rights, property managers may legally need to initiate eviction proceedings if a tenant continually violates their lease agreement.

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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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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?

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Lease Lease Agreement Landlord Tenant 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? Here are some common ways in which someone might find a way to break their lease without penalties. Early Termination Cause Leases can vary a lot. Life gets in the way, right? Good question!

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Lease Lease Agreement Landlord Property Manager 130

Bay Property Management Group

NOVEMBER 26, 2024

Whether your family is growing or you must relocate for work , you may have to break your lease early. For instance, you can give proper notice and also find someone to take over your lease. Today, we’ll go through the process of transferring your lease to a new tenant and tips for finding the right candidate.

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Lease Lease Agreement Property Manager Property Management 130

Lula

MARCH 13, 2024

A lease renewal is the process of establishing a new rental agreement with the current tenants. If you’ve dotted your i’s and crossed your t’s as a landlord or property manager, and you’ve checked out the advice in our guide for improving resident retention in rental properties , you very well may have a lease renewal on your hands.

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Lease Property Management Property Manager Landlord 130

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 Manager Property Management 147

Buildium

MARCH 3, 2025

Coordinating the move, getting the keys, signing the lease, and making sure the unit is in good shape before move-in are all high priorities. Explaining the terms of the lease agreement: This should include the rent amount, the security deposit, the due dates for rent payments, and the late fees.

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Property Manager Property Management Management Property 130

American Apartment Owners Association

NOVEMBER 21, 2024

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members. All applicants over the age of 18 must be on the lease and should be screened.

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Applications Applicants Lease Agreement Landlord 246

Rental Choice

DECEMBER 31, 2024

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.

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Landlord Rent Lease Agreement Tenant 130

American Apartment Owners Association

SEPTEMBER 16, 2024

Negotiating rent prices can be tough for a landlord. Whether negotiating with tenured residents or prospective renters, you should always be open to discussing rent prices. When to Consider Negotiating Rent When a renter asks to negotiate rent, its normal to have a knee-jerk reaction. Need a Lease Agreement?

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Lease Rent Landlord Rental Income 246

American Apartment Owners Association

DECEMBER 9, 2024

The initiative provides borrowers with a free year of the on-time rent payment service and has since been expanded to include six additional credit-building vendors. Freddie Mac’s goal is to make on-time rent reporting and credit building an industry standard. . ” Need a Lease Agreement?

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Lease Lease Agreement Rent Landlord 235

Beach Front Property Management

MARCH 12, 2025

These legislative updates cover resident protections, rent control, property safety, zoning changes, tax regulations, short-term rental restrictions, and corporate ownership rules. Reduces loopholes used by property owners to bypass existing rent control laws. Here is the list of laws in California 2025: 1.

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Real Estate Single-Family Home Compliance Regulation 147

Bay Property Management Group

MARCH 14, 2025

Then, if you pass these extra costs onto tenants, the rent may have to go up even more. How Inflation Can Work in Your Favor Higher Rent: When the cost of living rises, rent naturally follows suit. Tenant Affordability & Vacancies: If rent climbs too fast, some tenants might struggle to keep up, leaving you with empty units.

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Rental Property Property Property Manager Property Management 130

RL Property Management

MARCH 20, 2025

Traditional Property Management Pricing Most property management companies charge at least two types of fees: a leasing fee and a monthly management fee. The leasing fee is usually 50-100% of the first months rent , which means property owners pay hundredsif not thousandsupfront just to get a resident in place.

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