Property Management | firsttuesday Journal

Property Management 101

by Carrie B. Reyes | Jan 23, 2023 | Charts, Feature Articles, Property Management, Real Estate | 1

Read on for a summary of California property management laws and best practices.

Form-of-the-Week: Annual Property Operating Data Sheet (APOD) and Tenant Estoppel Certificate (TEC) — Forms 352 and 598

by Amy Perry | Jan 19, 2023 | Forms, Investment, Property Management, Real Estate | 0

An agent representing an owner of tenant-occupied property uses RPI Forms 352 and 598 to induce buyers or lenders to purchase the property and assure no competing claims exist from tenants.

Rent collectible under a lease agreement

by Amy Perry | Jan 13, 2023 | Property Management, Real Estate, Recessions | 1

When a tenant commits a material breach of the lease agreement, possession may terminate. However, the landlord’s right to collect rents throughout the term of the lease remains.

California continues to crack down on landlords pursuing unjust evictions

by Ashley Collins | Dec 19, 2022 | Property Management, Real Estate | 0

Dear landlords, no need to be the bad egg — that is, when you stay away from unjust evictions.

Accept partial rent, retain a tenant

by Amy Perry | Dec 5, 2022 | Property Management, Real Estate, Recessions | 1

How a landlord may deal with delinquent rent in recessionary times.

California renters face one-two punch in undeclared recession

by Adam Kolvas | Nov 14, 2022 | Fundamentals, Property Management, Real Estate, Recessions, Your Practice | 0

Rising interest rates have forced homebuyers back into the rental market.

New California law requires landlords of low-income rental housing to allow pets

by Adam Kolvas | Nov 8, 2022 | Laws and Regulations, New Laws, Property Management, Real Estate | 1

New California law allows pets in low-income housing.

Form-of-the-Week: Pet and Waterbed Addendums — Forms 563 and 564

by Amy Perry | Oct 26, 2022 | Forms, Property Management, Real Estate | 0

A landlord or property manager uses RPI Forms 563 and 564 when permitting pets and waterbeds upon negotiating a rental or lease agreement.

Wildfires spark price gouging of rents

by Adam Kolvas | Oct 19, 2022 | Laws and Regulations, Property Management, Real Estate | 0

Wildfires have led to unlawful price gouging of rents

Form-of-the-Week: Abandonment and Right to Reclaim Personal Property — Forms 581, 583 and 584

by ft Editorial Staff | Oct 14, 2022 | Forms, Property Management, Real Estate | 0

A landlord or property manager uses RPI Forms 581, 583 and 584 when a tenant abandons their property and leaves personal property behind.

Is a commercial tenant liable for all rents owed under a lease agreement when they breach a settlement agreement calling for payment of a lesser amount?

by Ashley Collins | Oct 12, 2022 | Features, Property Management, Real Estate, Recent Case Decisions | 0

Creditors Adjustment Bureau, Inc. v. Imani

Self-help evictions: the new forbidden fruit for California landlords

by Ashley Collins | Oct 6, 2022 | Property Management, Real Estate | 2

After two years of twiddling their thumbs over nonpaying tenants, California landlords are getting carried away with evictions — and the consequences are high.

Is a landlord liable when a tenant is injured in a fall from the accessible roof of the leased property?

by Adam Kolvas | Oct 3, 2022 | Property Management, Recent Case Decisions | 0

Montes v. Young Men’s Christian Association of Glendale, California

DRE Hot Seat: Broker frauds his landlord client and tenant

by Amy Perry | Sep 30, 2022 | Fundamentals, Licensing and Education, Property Management, Real Estate, Your Practice | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker acting as a property manager who charged the tenant a greater amount than was paid to the landlord.

May a tenant pay a rental amount less than the agreed minimum rent when events occur which trigger reduced monthly payments under another lease agreement provision?

by Adam Kolvas | Sep 23, 2022 | Commercial, Property Management, Recent Case Decisions | 0

JJD-HOV Elk Grove v. Jo-Ann Stores, LLC

Letter to the editor: May a commercial landlord’s broker refuse to pay a fee to the tenant’s broker upon renegotiation of the lease?

by ft Editorial Staff | Aug 15, 2022 | Letters to the Editor, Property Management, Real Estate, Your Practice | 2

Under what circumstances is a landlord required to pay another broker fee?

Landlords nationwide plan rent increases over the next year

by Amy Perry | Aug 15, 2022 | Economics, Laws and Regulations, Property Management, Real Estate | 0

California’s cost-burdened tenants will need to tighten their belts another notch since nearly three quarters of landlords plan to increase rent over the next year.

California’s suburban homebuyers are moths to a flame — and paying for the privilege

by Bethany Correia | Aug 1, 2022 | Feature Articles, Home Sales, Property Management, Real Estate | 0

More homebuyers are paying record-breaking premiums to live in high fire risk zones.

Form-of-the-Week: Right to Enter and Exhibit Unit to Buyers and Notice to Occupant of Entry and Completion of Showing — Forms 116 and 116-1

by Amy Perry | Jul 8, 2022 | Forms, Property Management, Real Estate | 0

A seller of a rental property uses RPI Form 116 when the rental is listed for sale to advise the tenant they will show the unit to prospective buyers and RPI Form 116-1 to advise the tenant the entry has been completed.

Form-of-the-Week: Exclusive Authorization to Lease Property and Locate Space — Forms 110 and 111

by ft Editorial Staff | Jun 27, 2022 | Forms, Property Management, Real Estate | 0

A leasing agent uses RPI Forms 110 and 111 to establish the employment between a landlord or tenant and enforce fee collection upon the fulfillment of the client’s objectives.