Property Management News

What is a Lease Guarantor?

A lease guarantor is an individual or entity who agrees to take responsibility for the lease obligations of a tenant if they are unable to fulfill them. They provide a level of financial security to the landlord in case the tenant fails to pay rent or causes damage to the property. A lease guarantor ensures that the landlord’s interests are protected and that the lease terms are met. They are typically required when a tenant does not meet the income or credit requirements set by the landlord. Without a guarantor, the landlord may be at a greater risk of financial loss. A lease guarantor acts as a co-signer for the lease agreement, assuming legal and financial liability for the... Read more

Landlord tax documents are essential forms used by landlords to report their rental income and expenses for tax purposes. These documents include Form 1099-Misc,...

Eviction Notice Overview An Eviction notice can be a daunting prospect for landlords or tenants. A carefully crafted eviction notice is essential to avoid any legal...

A solid rental lease agreement is the foundation of a successful landlord-tenant relationship, ensuring clarity, protection, and a pleasant living experience. In this...

Verification forms play a pivotal role in property management offices, particularly when handling requests for reasonable accommodations or modifications under the Fair...

Rental Receipt Template: Example and Template

Rental Receipt Template Basics When it comes to utilizing rental property, it is imperative that landlords provide tenants with appropriate documentation for payments made. For this purpose, a Rental Receipt Template is essential. This template serves as proof of payment and helps in keeping track of rents paid by tenants easily. Below is a table depicting the various columns that must be included in the Rental Receipt Template: Column 1 Column 2 Tenant name Property address Landlord name Payment date Rent amount paid Payment method used Duration of payment (monthly/weekly) Signature of both parties Although some important details have... Read more

The terms and conditions of a renting arrangement between a landlord and a tenant are set forth in a rental agreement or a lease, both of which are legal documents....

The Appeals Court has ruled that an email from a tenant to its landlord constituted effective notice to invoke a non-renewal option that would prevent an automatic...

Denver’s new ordinance regulating the licensing of residential rentals became effective Jan. 1, 2023, and provides that it is unlawful for any person to offer,...

If you're seeking to make extra income or want to downsize, then consider renting out one of your empty rooms before you decide to sell your home. People who rent...