Can Your Lease Ban Short-Term Rentals?
When you rent a house or apartment, you may think it is yours for the duration of the lease. While it is your home, you already know you cannot do things like repaint the walls without getting your landlord's permission or having to pay damages when you move out. What about using an app to rent out your couch or spare bedroom for a night or weekend?
Dangerous Pets, Risky Behavior, and Your Rental Property
Most landlords understand the most common tenant problems; from tenants who paint the walls terrible colors to those with noise problems and even those who skip out on the rent, every landlord has a horror story. The worst issues of all, though, are those that cause legal liabilities or catastrophic damage to your home or property. In some cases, la
What Are Landlords Responsible For?
What happens when the water heater in your rental property or one of your units leaks? And who is responsible for repairs and damage? As a landlord, there are some specific responsibilities and issues you need to handle; there are some repairs that are firmly the responsibility of the tenant and a few things that fall into the gray area in between.
Essential Landlord-Tenant Documentation
As a landlord, it is important to ensure you have the right documentation in place. This is important because you need to make sure you are protecting yourself as well as your tenant. Of these essential documents that we will mention in this article, you may or may not need to have all of them in place for each of your tenants. Your experience with
What Needs to be Included in a Lease or Rental Agreement?
If you search around the Internet, you will find leases and rental agreements that vary widely in terms of length, thoroughness, and format. Every state has different laws as to what must be included. However, more states agree that, at a minimum, the following items must be included. The name and address of all parties involved: For residential lea
How Long Does the Landlord Have to Return a Security Deposit?
Most states require landlords to refund security deposits they collect within a certain time frame after the tenancy ends. Landlords may subtract from the security deposit any proper deductions for repairs and other damages made according to the lease and state law. Below you will find a regularly updated table of how long landlords have to return s