Q: My wife and I bought a house after signing a lease a few
months ago. We understand that we're responsible for the
rent until the landlord gets new tenants. He took a security
deposit from a prospective renter, but then the renter
backed...
Q: I moved out of my apartment last month, leaving it clean
and without any damage. But I have yet to receive my deposit
back. I now live several hundred miles away in another
state. Any suggestions on how to get that deposit...
Q: Our city has just instituted a business license
requirement for landlords, including those who, like me,
have only one or two rentals. The city council says this
will discourage "slumlords." But there are plenty of laws on
the books now to deal with...
Q: As a property manager, I am under contract with an owner
to advertise and show his single-family rental. I recently
chose new tenants and signed the lease. Since then, the
owner has sent the tenants a nonsmoking policy, specifying
that if any guests...
Q: I applied for a rental last month and thought I'd get the
place -- I have an excellent record as a tenant, a stable
job, and a string of happy landlords in my past. But I was
rejected. A friend asked me...
Q: After weeks of trying to get our landlord to make a
repair to the roof, we decided to withhold rent. We followed
our state's rules, and the landlord got the idea -- he
repaired the roof. But then he served us with...
Q: We operate a fourplex and have decided to prohibit
smoking entirely -- in common areas, such as the halls and
lobby, as well as individual units. Current tenants who
smoke say that's discriminatory. Would we be breaking the
law if we implement this...
Q: My tenant left me with a lot of damage that the security
deposit won't cover, so I'd like to sue him in small claims
court. But I don't know where he is -- he refused to leave a
forwarding address. I thought...
Q: We're facing a bit of a public relations nightmare, the
result of a few disgruntled tenants whipping up a frenzy
about our apartment complex. They claim it's mismanaged, and
have used Facebook pages and groups, blogs, and countless
tweets to spread the word...
Q: We prepaid for our vacation rental at the beach in New
Jersey, which was to begin the day the governor issued
mandatory evacuation orders for that area. Are we entitled
to our money back? The landlord is being evasive. --Jack and
Ellen
A: When...
Q: I rent my vacation home to weekenders and weeklong
residents on a regular basis. I collect a $250 deposit and
allot five hours for cleaning between guest stays. Last
month, the departing guests left the place so dirty and
messy that the cleaners...
Q: I unwisely moved in with my now ex-boyfriend. I am not on
the lease, although I have been contributing to rent and
bills. The relationship has soured and now he has told me
that he wants me out in three days. Can...
Q: I rent an apartment in a large complex. My lease
prohibits "outdoor cooking of any kind" except in the picnic
areas near the pool and children's play areas. But this
provision is routinely ignored by residents, many of whom
have small barbecues on...
Q: I am a tenant of a single-family house, and I'd like to
sublet one of the bedrooms. My landlord is against it,
pointing to a clause in our lease that says, "Tenant may not
sublet the premises or assign the lease without...
Q: We advertised our rental home as furnished, and we made
sure that the furnishings were in good shape and attractive.
The tenant we chose said nothing about the furniture when he
toured the house, but upon moving in he began asking us...
Q: Our landlord deducted several hundred dollars from our
security deposit after he saw the damage that resulted when
we left a window open during a rainstorm (the rain damaged a
hardwood floor and soaked a wall). We replenished the
deposit as asked --...
Q: I am a tenant in a house I rented last summer, planning
on staying a year, but soon after I moved in, the owner told
me that he was having trouble making his mortgage payments.
Last month the bank foreclosed and I...
Q: My three roommates and I rented a house for the year. One
roommate left for the summer and sublet his room to a
friend, Max. Max has not paid his share of the rent, and we
want to evict him. Can we...
Q: My tenants incurred a fine from the city, which claimed
that their poor housekeeping (really, their yard-keeping)
was a violation of city codes. The ordinance says I'm
responsible for paying the fine, too. I think that's unfair
-- after all, I can't just...
Q: I rent a small retail space in a large building. The sash
windows are old and funky, and it's very difficult to raise
them. I told the landlord several times over a period of
weeks, but he never did anything about them....
Q: We rented out our family home when my husband was
transferred to a branch office in another state. We thought
the transfer would last two years, but after a year, he was
told to return to his original office. Trouble is, we...
Q: We've discovered a few bedbugs in our new apartment,
crawling out of the seams along the floor. We're freaked
out! The landlord says it's no big deal, and that he'll have
an exterminator come by early next week. We haven't even
unpacked; we're...
Q: I rented a condo last summer, planning to stay for a
year. No formal lease was signed. The landlord told me in
the winter that he was having trouble making his mortgage
payments, and sure enough, the place was sold in April...
Q: I was renting month-to-month and decided to move in with
my girlfriend. I gave written notice mid-month, which
included an acknowledgment that I'd be responsible for a
pro-rata portion of rent into the next month. But when I
spoke with the manager, he...
Q: We have been renting out our home since we moved to
another town where my husband took a job. We've got an
applicant (a retired lawyer) who has seen our lease form but
wants "at least three hours" to negotiate its terms....
Q: When I was transferred to another city, I went ahead to
look for an apartment. Time was short, so I applied for the
first place I saw. I gave them first month's rent and a
deposit, and they said I'd get the...
Q: We rent out a single-family house, and recently had
rather lengthy discussions with a potential tenant. He
wanted to get a pet; our lease says no pets. He wanted
painting, but we were hesitant to go with his color scheme.
He wanted an...
Q: I may be heading into a contested eviction, and wonder if
I should settle. These tenants went to a local nonprofit
agency that handles fair housing and accused me of
discrimination. The nonprofit didn't pursue it, and I
terminated the tenancy. Now they're...
Q: We have learned that our landlord is in foreclosure, but
we don't know how quickly the bank will move. Meanwhile, she
expects us to pay rent, but we seriously doubt that we'll
ever see our security deposit. I asked if we could...
Q: We are moving from our home to a rental, the result of a
job loss and foreclosure. The landlord, focusing on my
unemployment, is concerned that we won't be able to pay the
rent. We have enough savings; so I've offered to...
Q: I agreed to co-sign a lease for my nephew. He lost his
job and fell behind on the rent, and eventually left the
rental. But he owes two months' rent, and the landlord has
demanded that I pay up. He's even threatening...
Q: We recently rented a vacation house that had a "no
smoking" policy. We honored it, but during an evening when
we were away, our adult children did not. There was no
damage, but you could smell the smoke. The owner "fined" us
$300...
Q: I have a single-family house that I use as a rental. I'm
about to do some major renovation work, and was given a
contract by the contractor. It's got a clause in it that
I've never seen before, which reads, "For any...
Q: We rented our single-family house in California to a
family -- husband and wife and two children who were over
18. All of our dealings were with the wife, and she's the
only one who signed the lease, though it was understood...
Q: A tenant's guest is suing us for injuries she says she
suffered when she fell on a staircase at our building. The
staircase had been recently repaired; our resident manager
had replaced three loose steps just a few days earlier. He
didn't know...
Q: Last month you answered a question by a rental property
owner who bought his property from a foreclosing bank. The
resident tenants hadn't paid the rent while the bank owned
the home; the new owners wanted to collect it. Your answer
indicated that...
Q: I live in an apartment building that I thought would be
zealous in protecting me from secondhand smoke. My lease has
a clause in which I acknowledge that secondhand smoke is a
legal nuisance, and I promise to make sure that no...
Q: I'm having rent hassles with my landlord. When he refused
to replace a cracked window, claiming that I broke it, I had
it fixed and deducted the cost from the next month's rent (I
think it broke during a recent windstorm). Now...
Q: I've heard that landlords are starting to report on-time
rent payments to credit reporting agencies, who will use
this information in their credit reports and FICO scores. Is
this true? Is it a good thing for tenants? --Amelia B.
A: You heard right....
Q: I am the resident manager of a large apartment community.
The police have come to our property several times recently
because of one tenant. She told me that she has had to call
the police because her former husband insists on coming...
Q: We purchased a foreclosure property. The tenants have not
paid rent for the past 18 months while the bank was the
owner. The tenants claim that because the rent was owed to
the bank, only the bank is entitled to ask for...
Q: When we moved into our single-family rental, we didn't
have a pet. Our security deposit was below the legal limit
in our state. When we told the landlord that we'd like to
have a dog, the landlord said OK, but increased the...
Q: We own rental property in a college town, and have
generally had good experiences with our student tenants. But
this year we got a particularly rowdy bunch, and despite our
pleas (and the intercession of the neighbors and the
police), we were slapped...
Q: I moved into my current apartment a couple of months ago,
after moving out of a building that I later learned had a
bedbug problem. The owner of the first building knew that a
few apartments were infested, but took ineffective steps...
Q: We recently moved into a single-family rental. The owners
had lived there before us, and when we saw the house and
rented it, they were still there. So were a central vacuum
system, drapes and a large chandelier over the dining room
table....
Q: I visited an apartment today and liked what I saw. The
landlord asked me to sign up on the spot; he created a lease
on his phone, walked me back to the office, and printed it.
I'm all for creative online apps,...
Q: I rent out the home that I inherited from my aunt. I
cleaned the place after she passed and rented it out right
away, but after a few months into a yearlong lease, the
tenant told me about a serious roof leak....
Q: My wife and I recently purchased a single-family house at
a foreclosure sale. The tenants in the house showed us a
lease signed a month ago, in which the former owner not only
gave them a three-year lease (they had been month-to-month),
but...
Q: My girlfriend moved in during the middle of my lease.
After about a month, the landlord found out and immediately
gave me a notice to get her out or be evicted. But my
"girlfriend" won't move out (we aren't so close anymore;...
Q: I've been renting a cottage that sits behind my
landlord's house (my landlord is a lawyer). We have rent
control, and I challenged the owner when he raised the rent
to a level that I thought was illegal.
I went to the rent...
Marv Steier, President, TVS Tenant Verification Service Inc. | TVS News
Successful Real Estate Investing requires a diligence
process called *tenant screening*, this will minimize the
risk of renting to Individuals who use landlords as a
revolving line of credit.
High Risk Tenants or tenants from hell can turn real estate
investing into a bad experience...
http://www.bankrate.com/brm/news/pf/20070817_tenant_screening_2.asp
*Preface to article*: Read the article and the comments
below by Marv Steier
The process of finding the perfect rental house or apartment
can range from hectic to nearly impossible. But it could be
worse: Picture yourself locating that long sought-after
apartment or town house...
Q: Several months ago I signed a yearlong lease, but now I
need to move to take a job out of state. My standard-form,
10-page lease says that if I leave early, "all rent due
under the lease will become due." This means...
By Marv Steier, President, TVS Tenant Verification Service Inc. | TVS News
The key to maximizing profitability and minimizing risk as a
landlord has a lot to do with choosing the right tenant. It
starts with advertising, and there are a few tricks to
creating effective advertisements to help find the best
tenants for your properties....
Q: I've heard that the new tax bill signed by President
Obama in late September 2010 affects landlords -- that we
will have to file 1099s when we pay contractors over a
certain amount. Is this so? What a pain! --Chris F.
A: You...
Q: I'm moving to New York City and I'm really worried about
moving into an apartment that has bedbugs -- there have been
so many articles about New York City being the "bedbug
capital" of the country. Is there any way that I...
Q: I'd like to offer temporary housing to people in the
neighboring town whose houses have been burned by a natural
gas explosion. I have a vacant rental unit that could be
used, but I would not collect rent, and I'd expect that...
Q: We rent a cottage behind our landlord's house. We have
two pit bull dogs that are there with the landlord's
consent, and we have a lease that's up in a few months.
Although the dogs have caused no problems, the landlord has
told...
Q: The rental property I'm thinking of living in has offered
me an alternative to a security deposit. I pay for a bond,
whose premium is less than a full security deposit, but even
if I leave owing no rent and no damage,...
Q: I have a friend who has been renting for two years under
successive one-year leases, and now his landlord is
threatening to evict him if he does not agree to sign a
third one-year lease (my friend wants to go month-to-month).
I thought...
Q: I have a problem with the apartment building next door.
All eight apartments are full of Section 8 tenants who are
breeding and raising pit bulls. This activity is causing
major problems for me, with dog waste in my yard. When I
complained,...
Q: I was rejected by a landlord after I gave him a tenant
screening fee and went through two interviews. I later
learned that the owner was looking for someone who would
commit to a two-year lease (I can't do that). Had I...
Q: I own my home and have been recently widowed. I would
like to rent an extra bedroom to a roomer, who will share
the kitchen, living room and other common areas of the
house. I want to make sure that when I...
Q: One unit in our fourplex has a bedbug problem. The
landlord hired an exterminator, who found a bug in two other
units, so he recommends treating the entire building. We're
going to have to take time off from work to prepare our
apartment,...
Q: I work at home and regularly receive UPS deliveries of
material. Last week, the deliveryman slipped on the front
stairs, hurting himself. Those stairs have been in bad shape
for years, and I've asked for repairs, but to no avail. I
imagine that...
Q: We're looking for a place to rent in a tight rental
market, and have filled out several rental applications.
Each of them asks for a credit-check fee, from $25 to $35,
which covers the cost to order a credit report.
We have our...
Q: We rent a single-family home from an individual who
collected two months' rent -- $9,000 -- as a deposit. We've
gotten several letters for her from a bank, and last week a
representative from the bank arrived with some legal papers
for the...
Q: The rental market in my city is tight, and it's common
for applicants to offer many months' prepaid rent as an
incentive for landlords to rent to them. I accepted six
months' rent from a couple who signed a year's lease, then
left...
Q: One of my tenants has asked for permission to keep a dog
as a "companion animal." He gave me a letter from his
doctor, but it's so poorly written that I suspect it's fake,
even though it's on a letterhead. This guy...
Q: I manage an apartment complex, where we have many
families with children. We have large parking lots where
kids often ride their bikes. This is an obvious safety
hazard, so I've posted a sign saying "Children may not ride
bikes in the parking...
Q: My tenants have asked for permission to place a large,
conventional religious symbol on their front door. They'd
need to screw it into the wood. My leases prohibit
alterations without my consent, and I don't want the door
disfigured like this. But they...
Q: We rent a single-family house to tenants who have been
there for several years. We gave them permission to build a
new backyard fence and do some landscaping; they agreed to
pay for it. The work was done and finished a month...
Q: I have come up with a way to motivate people to pay their
rent on time, and I'm wondering if it's legal. In addition
to my late fee, I'd like to say that tenants may not use the
laundry facilities or the...
Q: I rent a three-bedroom house to my tenants, a couple. A
while ago, they asked if they could sublet two of the
bedrooms, and assured me that they would carefully choose
the tenants. The subtenants are fine -- but I've just
learned that...
Q: I'm feeling increasingly uncomfortable about the dynamics
I'm witnessing at my apartment community. The manager is
constantly hitting on my neighbor in public settings (like
the pool), even to the point of insisting that she accept
his "back rubs." She hates it and...
Q: When I screen potential tenants, I talk to their current
landlord and their employer, ask for references, and order a
credit report. Some of the landlords in town are also
regularly looking on the Internet, to see if the applicant
blogs, has a...
Q: Last September, I was unable to pay my rent ($1,000 per
month), and incurred a late fee of $100. I paid all of
October's rent, and every month's rent from that time
onward, but I wasn't able to pay September's rent until...
Q: When our tenants moved out, we inspected their apartment
for damage. We discovered that all of the draperies and
curtains, as well as the rug, smell strongly of cooking
spices (I think it's curry). These tenants must not have
used the kitchen fan...
Q: My husband and I are going to rent out my parents' home,
which I have inherited. How can we best protect our personal
assets from lawsuits or other claims that might arise during
our landlording business? --Fred and Delia J.
A: The best...
Q: My tenants, John and Alice, an unmarried couple, have
just informed me that they are breaking their lease. John
joined the military and has been transferred to Texas, and
Alice intends to go with him. I know that the law requires
me to...
Q: While my son and his girlfriend were visiting us over the
holidays, a water main in their apartment burst and flooded
their apartment. All of their possessions -- clothes,
furniture, everything -- were ruined by the water or the
resulting mold. Is the...
Q: I teach piano lessons in my rented duplex. When I told my
landlord about it, he said OK, but insisted that the
presence of my students would increase his exposure to
lawsuits. So now he's asking me to pay an additional
deposit. Can...
A consumer reporting agency that failed to properly screen
prospective customers and, as a result, sold at least 318
credit reports to identity thieves, has agreed to settle
Federal Trade Commission charges that it violated federal
law. Under the settlement, the company and its...
Q: I have a tenant whose one-year lease expired last spring.
I gave him a new, yearlong lease then, but he never signed
it. When I asked him for it, he said he misplaced it. He did
pay the new, increased rent, and...
Q: Our daughter found a notice of default on her front door
last week, telling her that foreclosure was imminent. She
called the owner, who straightened things out with the bank,
but we're really worried that our daughter will eventually
be displaced by a...
Q: I own and live in a fourplex apartment building, renting
out the other three units. I want my property to participate
in our city's recycling programs, and have clauses in my
leases that obligate tenants to use the recycling containers
(including a container...
Q: We're facing a situation that's pretty unbelievable. My
mother-in-law passed away in her apartment on the day rent
was due. My wife found her that day, and notified management
immediately. We cleaned out the apartment within a few days,
and were shocked to...
Q: I rent a single-family home. A beehive under the eaves
has grown quite large and active, and it makes me nervous
every time I pass by. Who is responsible for removing it: me
or the owner? --Cynthia C.
A: Your question presents two...
Q: My landlord and I are having a dispute over the
timeliness of my rent payment several months ago. I gave it
to the manager on time; the manager claims he got it a day
later, and charged the fee. I refused to...
Q: Our family has just received a termination notice from
the landlord, for bogus reasons. He claims that we're
committing criminal acts on the property because my son was
in a fight with a neighboring boy. It's true that there was
a fight, but...
Q: The question you recently answered about a long-term
tenant surviving the foreclosure of his home (because his
lease predated the mortgage) was welcome reading to us,
because that is our situation, too. Our landlord hasn't been
foreclosed on yet, but it's imminent. Still...
Q: Six months into my tenant's one-year lease, which
specified "no pets," she got a dog. She assured me it was
housebroken, so I said she could keep it. Then I discovered
that the dog had urinated all over the carpet. I had...
Q: I live in a large apartment complex near my university.
Management is very poor here: they don't respond to repair
requests; they close the laundry and pool facilities
regularly; and they don't keep the common areas clean. When
the tenants have bad experiences,...
Q: We listed our rental on craigslist, which listed key
terms, including a provision that the pet and cleaning
deposits were nonrefundable. A couple contacted us and
visited the rental, and we agreed orally, (and) with a
handshake, to lease to them. It was...
Q: My landlord, who's been a great guy, told me that he
thinks he's probably going to lose the property to
foreclosure. My lease runs out in a couple of months, and I
was hoping to stay here for at least another year....
Q: I'm interested in a rental that describes the rent in an
odd way: First, the advertisement lists the rent, then it
adds "pet rent." Is this legal? --Rigoberto R.
A: It's perfectly OK for an ad to specify that if a tenant
has...
Q: While on a visit, my tenant's father slipped when getting
out of the bathtub. He fell back against the faucet,
injuring his back, though fortunately not badly. The tub,
however, which is a one-piece fiberglass shower/tub unit, is
ruined. Who is responsible for...
Q: We hired a management company to find tenants and collect
rent at our rental in a nearby town. Over the past two years
we've had four sets of tenants; one broke the lease and we
had to file evictions on two of...
*Introduction*
Ken Roth is a second-generation landlord, a real estate
attorney and a former leasing agent. He's been letting
properties and dealing with the headaches that inevitably
result for over 20 years. Test your knowledge of
landlord-tenant relations with the SLAT-- The Successful
Landlord Aptitude Test,...
Q: My tenant of several months moved out, breaking his
year's lease with seven months left on it. The lease has a
termination-fee clause in which he agreed to pay 1 1/2
month's rent if he moves out early. I took that money...
Q: One of my tenants would like to get out of his yearlong
lease, which has eight months left. I understand that he
remains liable for the whole rent until I re-rent the unit,
but he's approached me with a different proposition. He
wants...
Q: During an interview with a potential landlord, we were
asked some odd questions that, on reflection, seemed
designed to find out if we are religious. She asked me where
we got married (not just the city, but the site), and how we
liked...
Q: My apartment complex specifies "no pets." A tenant has
just asked for permission to keep a monkey -- no, she didn't
even ask, she announced -- that the monkey would be living
with her. She claims she needs it as a service...
Q: The property I'm renting was lost in foreclosure in April
2009. The landlord told me he just wasn't able to keep up
with the payments, but it sure seems to me that he's been
living pretty well recently -- he's got a...
Q: I'm in a bit of a bind. I own a unique, lovely duplex (we
live upstairs) that I easily rented in our town of few
rentals and high demand. I signed a one-year lease with the
new tenants, then learned that my...
Q: I'm looking to rent at an apartment complex that imposes
some oddball fees when tenants move in. In addition to the
security deposit, they impose a one-time "initiation fee"
(for showing a new tenant around, I guess), a "key fee," and
a "lock...
Q: I have attempted, and failed, to evict a problem tenant.
This person constantly demanded repairs, complained about
our policies, and bad-mouthed management to other tenants.
Finally, he did something that was prohibited in the lease
-- he parked in another person's parking place...
Q: My sister has lived in a rent-controlled apartment for 16
years. Over the past month there has been evidence that
someone has been entering her apartment. Little things are
disturbed, such as a picture on the floor that's moved to
the computer and...
Q: When my tenants moved out leaving the place a mess, I
hired a handyman to do some cleaning and repairs. While
doing the work, he fell through the floor, which had become
spongy with rot. Apparently, the pipes had been leaking for
some...
Q: I'm the owner of an apartment complex near a large
hospital. The hospital regularly brings in traveling nurses,
who stay for three months. The nurses work for an agency,
and the agency provides housing for each nurse by renting an
apartment from me....
Q: I understand that I will have to pay a late fee if I pay
my rent late. But what about legal fees? I guess my landlord
got his lawyer involved in my pay-or-quit notice, because
the lawyer sent the notice, but then...
Delinquent Tenant habits: what they do
Owning or managing a rental property can be a full time job
and a full time headache if your landlord business does not
have a fraud prevention program, particularly if you get a
tenant that has previously played...
Tenant screening could cost you rental- by Claes Bell
(source)
*Preface to article: *Read the article and the comments
below by Marv Steier
The process of finding the perfect rental house or apartment
can range from hectic to nearly impossible. But it could be
worse: Picture...
Tough economic times affect every consumer that includes
tenants and it has become quite evident recently with the
global financial meltdown that many consumers/tenants have
overspent and incurred more debt than they are able to
handle financially.
So when consumers default on their financial obligation...
*Employer Willing to Buy Out Tenant’s Lease*
by Robert Griswold, Inman News
*Q*: I have a tenant who recently signed a two-year lease
for my rental home. She just contacted me indicating that
she has been approached by her employer about transferring
to another city...
If you're in the rental housing business for long, you'll
hear about six-figure or larger legal awards against rental
property owners for violating fair-housing laws. Problems
often arise when investment property owners are unaware that
their policies or practices are discriminatory. Families,
children, and folks...
On June 1st/2008 new Equifax Policy stipulates that all End
Users (Landlords) must have a site inspection of their
Office whether home based or not by a Certified Inspector,
(generally a Realtor in your area) to determine if the
Office, meets the criteria that...
It should be noted that this scam is running all over North
America and likely Europe and other parts of the world as
most Nigerian scams do. People need to be aware of these
types of scams.
When you read the email from the...
By Motley Fool Staff June 5, 2007
So you want to be a landlord? You're not alone.
You could be attracted by the idea of having money just roll
in from tenants every month. We spoke with a bunch of people
who have owned...
By Janet Portman, managing editor, Nolo
*Know the laws in your state before you rent out space*.
Being a successful landlord requires lots of practical
know-how, business moxie, and familiarity with the market.
Until about 30 years ago, the law didn’t have much to...
*Landlords… *now have the opportunity to report tenant pay
habits[tenant-pay-habits.php] on a *monthly basis*; this
will have a positive impact on reducing rental income loss
and reducing the problem of late rent payments.
The ability to *report tenant pay habits on a monthly basis*
benefits...
TVS Tenant Verification Service Inc. one of the premier
tenant screening services in the Industry has developed a
program that allows landlords to report tenant pay habits on
a monthly basis.
This is important for a number of reasons:
Major Credit Bureaus do...