Hello everybody. This month, let’s discuss the differences between Quitclaim Deeds and Grant Deeds. As you will see, Grant Deeds have a surprise ending, or at least an ending that most lawyers might get wrong if they were questioned on the topic. Here is the question: Does a person who gives a Grant Deed to someone else…
DetailsShould you be self managing your property or should you be paying a management company to deal with your property? It’s a question that comes up quite often around here and there really is no one answer that fits everyone. Personally, I manage all my properties, I save a ton of money by doing it…
DetailsThe new state law AB 1482 extends rent control to buildings constructed after June 1979, the effective date of the San Francisco Rent Ordinance. Included in the law is the requirement that landlords disclose in their rental agreement if a unit is subject to AB 1482’s rent control provisions. The disclosure requirement kicks in on…
DetailsMost California office tenants know that commercial landlords typically pass on a pro rata share of real estate taxes, including property taxes, to their tenants. In the most common office lease, tenants are only responsible for property tax increases over the “base year” amount which is most often the year of the commencement date…
DetailsRecently, a landlord visited me and said that he wanted his Section 8 tenant to move out because her boyfriend, who was not included in the lease, was living in the unit. He was unhappy to learn that, as the landlord, he is responsible for enforcing the lease and that the housing authority could not…
DetailsWASHINGTON, D.C. — Statement from the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) on the release of new emotional support animal guidance from the U.S. Department of Housing and Urban Development: NMHC and NAA are pleased that the U.S. Department of Housing and Urban Development (HUD) released new guidance clarifying the responsibilities…
DetailsQuestion One: I am planning on leasing my single family residence. My property is located in San Diego. Am I under any restrictions with regard to the new statewide rent control law, AB 1482? Answer One: A single family residence is exempt from restrictions pursuant to AB 1482. You are free to raise the rent…
DetailsThe Oakland City Council has passed a law to make it illegal for housing providers to obtain a criminal background check on prospective tenants. Berkeley, Emeryville and Alameda may just follow suit. The measure was passed with no City Council person voting against it. What is it? They called it the Fair Chance…
DetailsOperating rental properties and dealing with your tenants are not separate jobs. They are inseparable parts of landlording. I owe a great deal of my real estate success to my landlording abilities. Some folks argue that professional property managers are paid a decent percentage of the gross rental income to relieve owners of this thankless…
DetailsEvery apartment investor wants a good deal. But a good deal for one investor may be a poor choice for another investor. Here are four categories of “good deal.” Which one is right for you?