Archive for July 2020

move in checklist

Move-In Checklist: Key Documents to Give Tenants on Day One

As a landlord or property manager, you may be relieved that your search for the perfect tenant is over, but there is still work to be done. With the Lease […]

late rent fees and grace periods

Late Rent Fees and Grace Periods: Key Details for Your Lease

As a landlord, you may have expenses—like mortgage, utilities, insurance, and maintenance—that are covered by monthly rent payments. When your tenant can’t pay rent on time, it may not just […]

security-deposit-laws-by-state

Security Deposit Laws by State

Collecting a security deposit is one of the best ways for landlords and property managers to ensure that tenants will take good care of a property and pay all of […]

security-deposit-landlord-rights

Security Deposits: A Landlord’s Rights and Responsibilities

When tenants move out, repairs and extensive cleaning beyond the usual wear and tear may be required. To mitigate the risk of being stuck with the bill—and to provide an […]

lead based paint disclosure

Lead-Based Paint Disclosure: When and Why You May Need One

Once used widely in homes, stores, offices, and most other buildings, lead-based paint was banned in the United States in 1978, due to health and safety concerns. Because of this […]

eviction moratorium laws

Eviction Moratorium Laws by State

Last updated: July 24, 2020 As a result of the coronavirus (COVID-19) crisis, the federal government, along with many states and municipalities, have taken emergency actions to protect tenants from […]

eviction-moratorium-ending

Federal Eviction Moratorium Ending: 30 Days Notice Required

The coronavirus pandemic has caused a countrywide economic downturn, and one of the most vulnerable groups are renters. Recognizing this, many city and state officials have enacted temporary measures to […]

legal reasons to deny a rental application

Legal Reasons to Deny a Rental Application

As a landlord, you base your rent and deposit amounts on the costs of maintaining your property, paying the mortgage, and other such expenses, allowing for unexpected costs and the […]

should i sign a lease

Should I Sign a Lease Without Seeing the Apartment?

As COVID-19 continues to linger and shelter-in-place advisories remain in effect in some areas, apartment hunters may find it difficult to follow the procedures they’re accustomed to when moving into […]

rental property accounting

Rental Property Accounting: Why It Is Crucial During COVID-19

Rental property accounting isn’t the sexiest part of being a landlord. However, it is an entirely necessary admin task for the successful management of an investment property or property portfolio. […]

strikes and mass walkouts legal rights

Strikes and Mass Walkouts: Know Your Legal Rights

On July 20, 2020, a mass walkout is scheduled to take place across the country. Supported by a coalition of national labor unions along with a number of racial and […]

pet deposits

Pet Deposits, Pet Rent & Pet Fees: What’s Legal to Collect?

More than half of U.S. households—including renters—have pets. Not all landlords allow pets, but those who do are advised to take special precautions to safeguard their property and minimize any […]

proof of income

Proof of Income: How to Verify Tenant Employment and Wages

As a landlord, you want to protect your interests by leasing your property to responsible tenants. Since many landlord-tenant disputes are related to money, such as late rent payments, the […]

business-losses

COVID-19 Business Losses: How to Track Loss of Income

Whether you operate a brick-and-mortar business or work as an independent contractor, if your income has been impacted by COVID-19, you should be keeping records. As the coronavirus pandemic continues […]

tenant screening questions

Tenant Screening Questions: Background Check Details to Cover

It pays to use caution when renting out a residential property, as choosing the wrong tenant can cost you. At a minimum, you want to be sure they’ll pay the […]

CCPA enforcement

California Consumer Privacy Act (CCPA) Enforcement Begins

Enforcement of the California Consumer Privacy Act (CCPA) started on July 1, 2020. Following a series of other state laws protecting the privacy rights of California residents, the CCPA covers […]

rental income tax

Rental Income Tax Guide: COVID-19 Tax Relief & More

Becoming a landlord presents incredible opportunities for stable passive income. However, on top of the general uncertainty brought forth by a pandemic, renting out property also presents new financial and […]

supreme court birth control ruling

Supreme Court Birth Control Ruling: Answers for Employers

As an employer, your people are your greatest asset, so it is important to keep them healthy and happy. Providing healthcare coverage and other benefits not only allows you to […]

business insurance during furlough

How to Save on Business Insurance During a Furlough

As the economic impact of the COVID-19 pandemic continues to create chaos for many small business owners, you may find yourself looking for opportunities to cut costs.  If you’re considering […]

crown act

The CROWN Act: Banning Hair Discrimination at Work

As of July 1, 2020, Virginia is the latest U.S. state where hair discrimination is illegal. Passed earlier this year, Virginia’s CROWN Act prevents discrimination on the basis of hair, […]

coronavirus scams

Common Coronavirus Scams for Small Businesses to Avoid

As a small business owner, you should always be on guard against fraud, and now—given the upcoming July 15th tax deadline and general vulnerability created by the COVID-19 pandemic—you’ll want […]

lease clauses to understand

Lease Clauses Every Landlord Should Understand

Renting out residential property creates substantial risk for any landlord. That’s why it’s always a good idea to sign a Lease Agreement outlining the details of the arrangement. When drafted […]

tenants signing documents online

Property Manager’s Toolkit: Key Documents for Tenants to Sign

Managing rental paperwork can be a daunting task and staying organized is difficult. That’s why we’ve launched Rocket Sign™—fast digital signatures to help every landlord and property manager sign documents […]