Property Management News

How to Write Lease Non-Renewal Letter

As a renter, when you start looking for somewhere new to live, you need to let your current landlord know that your current lease is ending and that you’re moving on. As a landlord, you may decide that you’re ready to end a relationship with a particular renter, you’ll also need to provide notice. The easiest way to do this? Draft a non-renewal lease letter. What Is a Lease Non-Renewal and Lease Expiration Date? A lease non-renewal is notice from one of the parties in a lease to the other that they do not intend to extend the lease for another term. These documents, often referred to as a lease letter, make it easier for tenants to prove that they’ve separated from a property. It... Read more

Successfully managing rental properties can feel like balancing multiple roles at once. From ensuring tenant satisfaction to handling maintenance issues and complying...

Lease violation notices are a necessary part of being a landlord. They are a way to communicate to your tenants that they have violated their lease agreement and to give...

Have you ever encountered challenges with a lease violation? Lease violations are common situations that can impact both homeowners and residents. Fortunately, with a...

Benefits of A Thorough Tenant Background Check Background screening is a crucial step in the tenant selection process. In today’s competitive rental market,...

What is a Lease Guarantor?

A lease guarantor is an individual or entity who agrees to take responsibility for the lease obligations of a tenant if they are unable to fulfill them. They provide a level of financial security to the landlord in case the tenant fails to pay rent or causes damage to the property. A lease guarantor ensures that the landlord’s interests are protected and that the lease terms are met. They are typically required when a tenant does not meet the income or credit requirements set by the landlord. Without a guarantor, the landlord may be at a greater risk of financial loss. A lease guarantor acts as a co-signer for the lease agreement, assuming legal and financial liability for the... Read more

Landlord tax documents are essential forms used by landlords to report their rental income and expenses for tax purposes. These documents include Form 1099-Misc,...

Eviction Notice Overview An Eviction notice can be a daunting prospect for landlords or tenants. A carefully crafted eviction notice is essential to avoid any legal...

A solid rental lease agreement is the foundation of a successful landlord-tenant relationship, ensuring clarity, protection, and a pleasant living experience. In this...

Verification forms play a pivotal role in property management offices, particularly when handling requests for reasonable accommodations or modifications under the Fair...