Understanding the legalities that surround landlord and tenant relationships is crucial to maintaining a property investment. New owners, who have not become acquainted with their legal responsibilities, often turn to specialized property management companies to provide suggestions and direction. Both landlords and tenants have codes they are required to follow by law, and property managers are familiar with each of them. They assist their clients by making sure every aspect of their property is compliant with state laws and policies related to housing, health, and safety. They protect the owner, investment, and other tenants as well by rigorously enforcing the terms of their clients’ leases.
Adhering to Codes
Landlords are required to maintain a clean, fully functioning living space to their tenants. Providing amenities, such as heat, electricity, water, working plumbing, and more, rests on the shoulders of the landlord. Good property managers have the resources available to keep homes and apartment complexes in working order as well as to make repairs in a timely manner. Failing to address urgent matters, such as a clogged tub or surging electricity, can land you a code violation from health and housing authorities. Specialized property management firms provide web portals and an emergency hotline to tenants, which they can utilize to send in maintenance requests and ask for immediate repair service.
Renter Responsibilities
Property managers also ensure tenants abide by appointed legal guidelines and hold up their end of the rental agreement. A renter is essentially obligated to abide by the terms of their lease, avoid being a nuisance, make their rent payments, and be respectful of the owner’s property. For some owners, keeping a close watch on their tenants is difficult due to distance or lack of time. Managers are able to complete this task in an owner’s stead and send out notices to renters who break the rules. In the event a tenant becomes too problematic, a property manager will initiate eviction proceedings. For inexperienced or busy owners, this is helpful, as unlawful detainer lawsuits can be both time-consuming and complicated.
Real Property Management is a well-respected company comprised of professional property managers. For knowledgeable assistance regarding landlord and tenant laws and regulations, contact them today.
