Home Buying & Selling - Buying

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How to Advertise You Rental Property on the Internet

The Internet is an exceptionally popular and productive medium for residential advertising, because many people begin their search for apartments online. However, posting advertisements and listings online [more…]

Tips for Landlords: Rent Due Date Collection Policy

As the landlord, you should always require that the rent be received in full in advance, on or before the first day of each month. This method is the most common, and many state laws require it unless [more…]

Tips for Landlords: Rent Payment Policy

Your rental contract should clearly indicate how residents should pay rent: by electronic payment, personal check, cashier’s check, money order, or cash. Regardless of the method, give your residents a [more…]

Tips for Landlords: How to Collect Late Rent

One of the most difficult challenges for a landlord is dealing with late rent payments. You don’t want to overreact and begin serving threatening legal rent-demand notices because doing so creates tension [more…]

Tips for Landlords: How to Charge Late Fees

More than a dozen states have laws addressing restrictions on late charges for rent payments. As the landlord, be sure to check with your local NAA affiliate before establishing a late fee policy, and [more…]

How to Determine Whether Your Rental Property is Subject to Rent Regulation

As a landlord, you may be able to save yourself a lot of time getting up to speed on rent regulation statutes by first determining whether your property is subject to such regulation. The following information [more…]

How to Comply with Housing Choice Voucher (HCV) Rules and Regulations for Your Rental Property

As a landlord, you must make sure that you are in compliance with HCV rules. The Housing Choice Voucher (HCV) program, a major component of what is commonly known as [more…]

Tips for Landlords: How to Develop Your Rental Application

Your rental application represents the initial step in the process of screening applicants for your rental property. It allows you, as the landlord, to gather essential information that’s valuable in the [more…]

Tips for Landlords: How to Notify Applicants of “Adverse Action”

As landlord, you should always screen the applicants for your rental property. This will help you determine if the applicant will be a desirable renter. As you screen residents, you basically have three [more…]

Essential Records All Landlords Should Keep

As a landlord, your resident screening process is a potential target for a discrimination lawsuit. To protect yourself as the landlord, keep a paper trail that documents the procedure you use to screen [more…]

What is the Difference between Leases and Rental Agreements?

As a landlord, you can choose to document your arrangement with renters using a lease or a rental agreement. You should know what each of these is and which is best for any given situation. [more…]

What Can Landlords Legally Do with Security Deposits?

Some unsavory landlords treat security deposits as another source of income that’s theirs for the taking. In the eyes of the law, however, a security deposit is actually the resident’s money that the landlord [more…]

How to Determine How Much to Charge as a Security Deposit for Your Rental Property

Many states don’t limit the amount that may be charged as a security deposit, which means that for legal purposes, landlords can charge as much as they want. Other states impose strict limits on security [more…]

How to Exempt Ordinary Wear and Tear on Your Rental Property

Rental units, indeed all living spaces, gradually wear out from human use. Carpeting becomes worn, floors get scuffed, paint fades, wallpaper peels, metal rusts, and wood gets warped. This kind of natural [more…]

Tips for Landlords: How to Complete the Security Deposit Itemization Form

After you, as the landlord, have inspected the rental unit and determined the proper charges, you need to prepare the Security Deposit Itemization Form. Complete this form and give the vacating resident [more…]

Tips for Landlords: How to Collect Damages and Unpaid Rent in Excess of a Security Deposit

As a landlord, you’re probably going to encounter a time when a resident’s security deposit isn’t sufficient to cover the unpaid rent and the damage caused by the resident. Unless legally prohibited, allocate [more…]

How Landlords Should Inspect Properties with Residents

The number one source of landlord-resident disputes is the disposition of the resident’s security deposit. You can avoid many of these potential problems by conducting a pre-move-in inspection with your [more…]

Security Measures All Landlords Should Take with Rental Properties

Dispensing the keys is a very serious issue that has significant liability for landlords and managers. Not securing the rental unit’s extra keys can allow access to a resident’s rental unit, potentially [more…]

How Landlords Can Prevent and Eliminate Nuisances

The covenant of quiet enjoyment is a promise to residents that you, as the landlord, will protect the residents’ right to undisturbed use of the rental property. A [more…]

What if a Landlord Fails to Maintain Habitable and Nuisance Free Properties?

When landlords fail to maintain habitable and nuisance-free rental properties and fail to remedy serious issues raised by residents, several consequences may follow. However, for you to be held legally [more…]

How Landlords Should Inform Residents of Their Legal Obligation to Maintain Their Units

As landlord, your repair and maintenance obligations ensure that your rental units and common areas are habitable and fully compliant with local codes. But legislators don’t hold you solely responsible [more…]

Tips for Landlords: How to Respond to Residents’ Maintenance Requests

Even with an aggressive maintenance and repair program, landlords know that things break and wear out. To maintain resident satisfaction, you need a system that enables residents to submit maintenance [more…]

Tips for Landlords: Contractor-Related Legal Issues

Although you may perform most maintenance and repairs yourself or have maintenance personnel to handle most of these duties for you, some maintenance and repairs require the expertise of a licensed contractor [more…]

How to Ensure Fire Safety as a Landlord

Fire safety is a critical issue for rental owners. Fire can spread quickly and fully engulf an entire room, rental unit, or home in a matter of minutes. Fire also produces poisonous gases and smoke that [more…]

How Landlords Can Identify Potentially Dangerous Conditions

As a landlord, you can’t address safety hazards unless you know about them. There are two ways to identify potentially dangerous conditions: by having residents notify you of any safety concerns and by [more…]

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