Charging a Pet Deposit

If you allow tenants to have pets in order to broaden your applicant pool, you need to keep in mind the need to protect yourself from the possibility of additional damage that could be caused by the pets. Some states allow for a specific pet deposit that is separate from – and in addition to […]

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Subletting Apartment

Subletting Legal Situations

The most important thing to keep in mind about a sublet situation is that the subletting tenant has absolutely no responsibilities to you. If the rent is not paid, you must go after the original tenant. If there is damage to the property, you can only go after the original tenant to recover payment beyond […]

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Radon Gas may be in Your Rental Property

While you may have heard of radon gas before, chances are you probably don’t know much about it. Basically, radon is a radioactive gas that is released from natural deposits of uranium in the ground. It can be released in the property from a number of sources (e.g. water from a well, natural stone fireplace, […]

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Changing Lease Terms

Life changes – and so can leases…if both parties agree. What Can Be Changed In theory, anything in an existing lease can be changed as long as it does not infringe upon a tenant’s legal rights. However, practically speaking, a tenant probably won’t consent to an increase in their rent. Keep in mind that because […]

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Cotenant (Roommate) Lease and Legal Situations

Regardless of how they choose to divvy up the living quarters or maintenance responsibilities among themselves, cotenants (commonly known as roommates) have an equal responsibility to you to pay the rent and maintain the property. To be the most legally protected, your lease agreement should clearly state that each tenant is jointly and severally liable […]

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Collect a Security Deposit or Last Month’s Rent?

As a landlord, if you are expecting an applicant to come up with an application fee, the first month’s rent, a security deposit and the last month’s rent just to get the keys to their rental, you may find it difficult to attract a good number of applicants. While making sure you are paid for […]

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Collecting Rent: When, Where and How

When It’s Due In every state of the union, you have the right to specify exactly when the rent is due. Whether it’s on the first day of the month, last day of the month or any day in between, this is your call and the important thing is just to make sure it’s clearly […]

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The “Pets and Animals” Lease Addendum

When an applicant or a current tenant approaches you to get permission to have Morris, Chewie – or, yes, even Fluffy – move in to your property ~ [First off – Be sure to thank ‘em for asking alone! – many tenants never bother to disclose their true intentions] ~ then, if after considering the […]

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