Legal Q & A Security Deposit Itemization and Accounting -by Franco Simone, Esq.
What can I deduct from the security deposit? You are permitted to deduct the following from the security deposit:
What can I deduct from the security deposit? You are permitted to deduct the following from the security deposit:
Question 1: How long should we maintain records on applicants and former tenants (i.e. application form, lease, correspondence)? Answer 1: There is no general statutory
Question One: I recently bought my first rent controlled building in the City of Los Angeles. After the first month, one of the existing tenants failed to pay
Hello everybody. It has been many years since I have discussed the liability of a seller for misrepresenting the lot size of an apartment building to a buyer. For new readers and those who
[I recently read] an article about the importance of not losing money on poor customer service over the phone. There were some great tips for owners and marketing or regional managers to implement. The article made me think about
Beginning last year, a new 3.8% Medicare tax was imposed on net investment income (NII). That may be an important healthcare consideration for many, but what on earth does that have to do with commercial real estate investments?
2014 may be the most dangerous year yet for Proposition 13 and the taxpayers who depend on its protections. As HJTA members know, the 2012 elections resulted in the Democrats achieving
This primarily occurs with single-family homes and duplexes or fourplexes. However, it can be a problem with large complexes as well, if the showing and dale process is handled with no regard
People referred to Robert Fulton’s first steamship, The Clermont, as “Fulton’s Folly” because they figured it would explode or sink. It is apparently human nature to dismiss new things as stupid or
Turnover. We’re always going to have it. In some cases, turnover is good – saying goodbye to a delinquent or unruly resident who sucks up valuable staff time and resources. Some cases are uncontrollable – a resident is relocating to a new cityor state, or they are buying
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