As a California landlord, navigating the rental landscape can be both rewarding and challenging. With the ever-changing regulations and tenant rights, staying informed and proactive is key to maintaining successful rental operations. In this guide, we’ll explore essential guidelines tailored specifically for landlords in California, helping you navigate the intricate landscape of rental management effectively…. Read more »
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….
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…
When choosing a tenant for your rental property, finding someone who’s financially responsible and will consistently pay the rent on time is essential. Choosing the wrong tenant can be stressful and costly, especially if the tenancy ends in eviction. Credit reports are an excellent way to assess an applicant’s financial situation and protect your property. …
As a landlord, you understand the importance of having a comprehensive lease agreement to protect against any rental situation. However, lease addendums are equally vital for successfully managing your rental business. Please note that the following is for informational purposes only and is not intended as legal advice. What Are Lease Addendums? Lease addendums, also…
Being a landlord sounds easy enough; you buy a home, make some renovations, and rent it out for more than your monthly mortgage payment. But in reality, becoming a landlord requires you to master a variety of skills: business, interpersonal communication, property management, and a keen understanding of legal and financial responsibilities. With little experience…
What to Know About Selling Your Rental Home with a Tenant in PlaceUnderstanding Vicarious Liability for Landlords: Responsibilities and Compliance
What Landlords Need To Know About Tenant Credit Reports
Why Lease Addendums Are Vital for Your Success as a Landlord
Common Mistakes Typically Made By New Landlords
What to Know About Selling Your Rental Home with a Tenant in Place
Landlords Property Managers Contact TSCI Although there are many advantages to owning a rental property near your home, not all landlords choose to invest in real estate near their residence. Maybe you’ve moved and want to keep your previous residence as a rental, or you could have found a great investment opportunity across the country…. Read more »
In August, Florida landlord Santiago A. Alvarez enacted a policy requiring his tenants to get vaccinated for COVID-19—or face eviction. Alvarez, who owns eight apartment complexes with 1,200 units total, decided to require vaccines after 15 of his tenants died of the virus. His new policy also states that applications from prospective tenants will automatically… Read more »
All property owners are required to protect their tenants from criminal activity to some degree. Not only are landlords liable for criminal acts committed by their tenants, but they also have a responsibility to protect the neighborhood from the illegal activities of strangers. With that in mind, landlords need to take steps that not only… Read more »