Landlords Required to Post 24-Hour Phone Number
One provision of the sweeping law requires owners of vacant or foreclosured residential properties to pay a fee and post a sign on the property with the owner’s name and 24-hour contact phone number.
Other provisions require the payment of rental fees to cover registration and property inspections.
According to a news report, the landlords are asking a court to label the fees as a special tax, rendering the plan unconstitutional. They say the charges exceed the actual costs of the inspection program, and are asking for their money back, according to the report.
Investors purchasing foreclosures not used as rentals still would need to register properties.
City officials told reporters they stand behind the measure, and are prepared to fight landlords in court.
With AAOA, landlords have resources at their fingertips. Check out our Landlord Forms page.
American Apartment Owners Association offers discounts on products and services for landlords related to your rental housing investment, including rental forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org