The main difference between joint tenancy and tenancy in common is that joint tenancy creates an automatic right of survivorship. This means that when a joint tenant dies, the other joint tenant or tenants inherit the deceased’s share in the property. It’s a popular way to hold title. Married couples and family members often
As a successful investor you may have already given thought to hiring a property manager take care of your investments. This article will give you some tips and tools that you can use to help make a successful decision. Property managers exist for the management of all
DetailsAs of the end of 2012, the United States has experienced the worst five-year period of economic growth since 1928-1932 and the start of the Great Depression. Following the global financial crisis and recession in 2008, and based on the historical pattern of American economic recovery since the Depression years, the United States should have…
DetailsHundreds of tenants who are unable to pay their rent are jailed each year underArkansas’ draconian ‘failure-to-vacate’ law. According to “Pay the Rent or Face Arrest: Abusive Impacts of Arkansas’ Criminal Evictions Law,” a new 44-page report from Human Rights Watch (HRW), hundreds of tenants face criminal charges each year for not
DetailsOne thing that landlords usually all end up saying at some point is that they will never again pick up rents from their residents. For some it takes a little longer than others before they realize who is training who. If you are looking for alternative methods
Our “Million Dollar” Trade Show and Landlording Conference last month was a huge success! You should have been there! Our members were more educated, motivated and stimulated by some very knowledgeable speakers who helped give them that one idea that would help them make and keep more money than ever! Some even walked away with…
DetailsThe practice of imposing late fees for their tenant’s failure to timely pay rent raises many issues for landlords. Unfortunately, these issues continue to cause many problems for landlords desiring to enforce late fee provisions contained in their rental agreements. While it’s pretty clear that a landlord can impose
DetailsIn recent years, apartment buildings have become quite a popular investment option for real estate investors interested in finding good yields for their money. With mortgage underwriting guidelines tightening up considerably for residential properties (1 to 4 units), more real estate investors have decided to
New York. An appellate court agrees a tenant cannot collect her attorneys’ fees against her landlord under a reciprocal rights theory because the attorneys’ fees provision she claimed the fees under was not contained in her original lease agreement. The landlord and tenant entered into a written residential lease
Hello everyone. Nearly all members of the Apartment Owners Association own or manage one or more apartment buildings. Many of them, as well as non-member readers of AOA magazine, own commercial property, or at least aspire to own non-residential investment property. For those who are involved with commercial real estate, my column this month will…
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