Maintenance and Repair Responsibilities of the Owner and Tenant California law requires residential rental property owners to deliver and maintain their rental units in a habitable condition, this legal principle is called the warranty of habitability. Though originally created by the California Supreme Court in 1974, the California Legislature has codified many of the principles […]
According to the Center for Disease Control, as many as 800,000 dog bites require medical attention every yeari. With a growing awareness about the dangerous propensities of certain dog breeds, pressure is mounting to restrict access to, and the availability of, these breeds. Moreover, as property and casualty insurers become increasingly selective about the policies […]
I INTRODUCTION Many property owners protect their investment by not allowing any (or certain types) of pets on the property due to possible damage by the pet and the fact that existing law may not allow for an adequate security deposit to cover the damage. However, recent laws on fair housing and accommodating persons with […]
http://www.kcra.com/article/why-sacramento-s-rental-market-is-not-great/11786165
When you make a big purchase, or an investment, buy a car, sign up for healthcare, etc. you do you “homework” to hopefully make a sensible decision that gives you good value for the money you are spending. When you buy real estate, which is likely to be the most expensive, most complex, and riskiest […]
While all property managers are likely (or should be) familiar with standard Fair Housing Laws, such as the prohibition of discrimination in the sale, rental, and financing of dwellings based on race, color, national origin, religion, sex, familial status or disability, there are also a variety of rules and regulations that have been implemented in […]
As 2014 begins a bureau created by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, The Consumer Financial Protection Bureau (CFPB), will set new rules concerning mortgages. Lenders will be required to verify and inspect borrowers’ financial records. The rules discourage lenders from allowing borrowers to carry total debt payments totaling more […]
First, let me confess that I love Excel. Having used Excel for years, I’m fully aware of its strengths, and will continue to use it to create spreadsheets, graphs, and tables. But for some unknown reason, there is a small group of property managers that continue to extol the benefits of using Excel as their […]
Often, when renting an apartment, tenants are overwhelmed by the amount of information they are given, from the initial apartment viewing, to filling out the application, to getting approved, to finally, moving in. While it’s important to let all prospective residents know and understand the rules they must abide by when moving into their new […]
What is El Niño? El Niño is a naturally occurring event in the equatorial region which causes temporary changes in the world climate. Originally, El Niño was the name used for warmer than normal sea surface temperatures in the Pacific Ocean off the coast of South America. Now, El Niño has come to refer to […]