While the supply-and-demand imbalance is heading in the right direction — toward stabilization — the rental market is still a long way from normal.
Discover the legal aspects of residential and commercial landlord-tenant relationships.
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While the supply-and-demand imbalance is heading in the right direction — toward stabilization — the rental market is still a long way from normal.
Covers: Conducting property management operations in compliance with the prudent investor standard; A property manager’s duties and higher standard of conduct provided to a landlord.
Group XIII Properties LP v. Stockman
Covers: Attributes of a successful property manager; The duty of care a property manager owes a landlord as comparable to the duty of care a broker in a real estate sales transaction owes their buyers and sellers.
Landlords who conduct criminal background checks may be guilty of housing discrimination.
Covers: On-site duties of a resident manager at an apartment complex with 16 or more units; Licensed and unlicensed activities; Occupancy of a unit in the complex as part of a resident manger’s compensation; Use of the resident manager employment agreement to document the employment and expectations.
A broker uses RPI Form 590 when entering into a property management agreement with an owner and RPI Form 554 when a change of ownership occurs.
The failure of the postal service to deliver the check within the grace period for payment does not cause the tenant to incur a late charge when USPS received the check during the grace period.
Landlords and property managers need to know what triggers and exempts the due-on clause, since mortgage holders enforce the due-on clause more frequently in times of rising interest rates.
The amount of security deposit residential landlords may charge have changed in 2024.
Read the new restrictions on residential security deposits.
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.