If you own a rental property, waiting for the first flakes to fall is not the time to plan for snow removal. Instead, a careful definition of landlord-tenant responsibilities will save a ton of headaches once severe weather does roll in. Many tenants and landlords question who is responsible for snow or ice removal. So, […]
Tag Archives: lease contract
A rental property lease is the most important document a landlord can have. The legal contract between a tenant and a landlord outlines expectations, costs, requirements, and usage rules for residents to occupy a rental property. That said, there are many variations to the lease terms, but there are two main types; annual leases and […]
Ready or not, the holidays are upon us! However, entertaining in a rental property throughout the holiday season can present some challenges. Before friends and family descend on your rental home, we break down the dos and don’ts for both landlords and tenants. Join us below to discuss some of the top tips for a […]
Every landlord knows a thorough screening process is key for success in the rental industry. As important as that is, it does not always protect you from unauthorized occupants. These unwelcome residents threaten the wellbeing of your investment property and create a huge issue for landlords. So, how do landlords determine who is a guest […]
A well-written lease is more than a contract; it is a landlord’s defense against disputes. That said, not all rental agreements are created equal. While you can include a multitude of various clauses to suit your particular property, some leasing clauses are universal. Take a look below as we outline the most important lease […]
When your tenant requests an early lease termination, you find yourself in a precarious situation. Most tenants who sign a lease intend to stay for the full term. However, sometimes life happens, and early terminations occur. As with any written contract, breaching the terms within the lease does not come without consequences. That said, […]
Whether you are considering investing in rental properties or have an existing portfolio, managing those properties can be an overwhelming task. So, to help you in your investment endeavors, Bay Property Management Group has assembled a guide to property management tasks that every landlord should be familiar with. While this is not everything you […]
The way you structure your lease agreement is going to set the tone for the entire term of your Potomac tenants’ stay. In fact, the lease is often considered the crux of your entire rental property business. However, drafting your own lease agreement from scratch can be challenging if you self-manage your rental properties and […]
Drawing up an airtight lease from the very beginning is one of the most important things you and your Columbia, Maryland property management company can do. Doing this prevents any confusion amongst the parties regarding what is to be expected throughout the lease term, and helps to protect both property owner and tenant. If you […]
Discovering that an unauthorized person is living in your Montgomery County rental property can be a very stressful situation. It is your responsibility, as a rental property owner, to maintain the property that your tenants reside in. It is also your duty to ensure that whomever is living in your investment property is authorized to […]