Landlords face many challenges when it comes to managing their rental properties, but one of the most overlooked of these is dealing with rental fraud. Not only can deceptive practices threaten your financial stability and damage the trust you place in future tenants, but they can also lead to potential legal battles and costly repairs….
Handling the influx of mail for former tenants can be a significant nuisance for landlords and property managers. Receiving letters and packages not meant for current occupants doesn’t just clutter up the mailbox—it also poses legal issues. So, as a landlord or property manager, are you responsible for a tenant’s mail after a move-out or…
Vicarious liability is a legal concept that holds property owners accountable for the actions of third parties, such as tenants, property managers, contractors, or agents. This liability can encompass a wide range of situations and places a significant responsibility on landlords to maintain a safe and fair living environment for their tenants. In this blog…
Most tenancies go as planned; when the lease period ends, the majority of tenants either choose to move out or sign on for another year. In some cases, though, you may have a tenant who chooses to remain in the rental beyond the official tenancy period—also known as a “holdover tenant.” Understandably, having a holdover…
One of the last things any landlord wants to deal with is a tenant who files for bankruptcy. Unfortunately, the likelihood of this happening has increased since the pandemic due to the increased economic uncertainty. A tenant filing for bankruptcy may mean a struggle to claim unpaid rent—and it throws future rent payments into question….
Although raising the rent is part of the responsibility of being a landlord, the process can often feel daunting. To meet your own financial obligations and keep your tenants happy, there needs to be a bit of a balancing act. If you raise the rent too high, you risk losing good tenants; if the increase…
It’s an unfortunate truth in the rental industry: although most people are honest, there are unscrupulous renters out there who try to deceive landlords and property managers with fake pay stubs. These deceptive practices can lead to numerous issues for property owners, from rental payment defaults and property damage to legal complications. For this reason,… Getting a Former Tenant’s Mail? Here’s How to Handle It
Understanding Vicarious Liability for Landlords: Responsibilities and Compliance
How to Handle Holdover Tenants
How to Handle a Tenant Who Files For Bankruptcy
How to Communicate a Rent Increase to Your Tenants
Fake Pay Stubs—Tips on How to Spot Them