Property Management, Tenant Selection, Real Estate News & Tips

Tag: lease agreement

The Lease Signing Process for Landlords and Tenants

By on August 15, 2018 in Education with 0 Comments
The Lease Signing Process for Landlords and Tenants

When it comes to signing a lease agreement between landlord and tenant, what is the standard process? The rental lease agreement is a formal contract between a tenant and a property owner, or a representative of the owner, like a property manager, outlining the terms and conditions for living at a rental property in exchange […]

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A Renter’s Guide to Understanding Lease Terms

By on May 29, 2018 in Education with 0 Comments
A Renter’s Guide to Understanding Lease Terms

A renter’s lease agreement is a binding contract that outlines the conditions for tenancy at a rental property.  You will make this agreement with your landlord or the property management from which you are renting. Signing the Lease Lease signing can take place in person or be completed online before you move into a new […]

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Guide to Late Rent Fees for Landlords and Property Managers

By on October 20, 2017 in Education with 1 Comment
Guide to Late Rent Fees for Landlords and Property Managers

When a renter pays rent late, most landlords will impose a late fee as a penalty to the late rent.   Late fees for rent payments are typically based on a reasonable percentage of the monthly rental rate (5-10%) or a flat fee. In most cases, a landlord can only charge a late fee if […]

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Avoid Risks When Signing a New Rental Agreement

By on May 1, 2017 in Education with 0 Comments
Avoid Risks When Signing a New Rental Agreement

There is a joke that the only time we read the fine print of any contract is when a problem arises. This collective negligence is not a new thing. According to David Hoffman, a professor at the University of Pennsylvania Law School, few people read contracts in their entirety.  But what does this mean for […]

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As a PM or Landlord What Documents are We Required To Keep?

By on June 16, 2014 in Education, Off Topic with 2 Comments
As a PM or Landlord What Documents are We Required To Keep?

As a property management software distributor catering to the property management industry, we’re often asked:  “What documents do we need to keep?”.  This varies state to state; however, I’ve begun compiling a list of documents that landlords and property managers absolutely must keep; not just for the term of the tenancy, but beyond. Basic Documentation: Lease Agreements […]

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