Property Management News

Clearly the Coronavirus is having universal impact on every aspect of our society.  As the first of the month draws near and rent is due for most tenants, landlords throughout the country have been reaching out to the American Apartment Owners Association for consult.  Firstly, we advise all members to be patient, compassionate and cooperative with their tenants. We understand the stress of the moment and the economic pressures on everyone. Some practical solutions that have been shared include using a tenant’s security deposit as an offset for some rent.  Sacrificing the security deposit may have different legal ramifications in different parts of the country, but in light of the... Read more