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6 things landlords need to know before breaking a lease

Inman

A signed lease is a binding legal agreement that can’t be broken — except in the few exceptions when it can. Here are some common scenarios to watch for as a landlord or a real estate investor.

Landlords 100
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Biden announces new CDC eviction limits

Housing Wire

The measure is virtually certain to be met with legal challenges. To access the protections, tenants can fill out a declaration form and provide it to their landlord. The form does not preclude the landlord from challenging the truthfulness of the declaration in court, however.

Landlords 493
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EasyKnock under fire for “deceptive” sale-leaseback practices in Massachusetts

Housing Wire

In addition, her office alleges that EasyKnock violated some of Massachusetts’ landlord-tenant laws. “I Some of these changes include lowering rents for some existing tenants and complying with state landlord-tenant laws. Under the terms of the settlement EasyKnock must comply with all landlord-tenant laws.

Tenants 287
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Zillow to list housing discrimination protections

Housing Wire

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Still, federal law does not prevent landlords from rejecting all housing vouchers.

Landlords 457
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Invitation Homes to pay $3.7 million in California rent-gouging case

Housing Wire

Invitation Homes , the nation’s largest single-family rental landlord, has reached a settlement to address accusations it violated California ‘s “rent gouging” laws, the state’s Attorney General Rob Bonta announced on Monday. million in civil penalties. Californians are facing a housing crisis of epic proportion.

Tenants 385
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Financing proves an obstacle for ADUs

Housing Wire

Accessory dwelling units are increasingly legal. Turnover is a huge expense for landlords and property managers across the world. But with almost nonexistent land available to build new single-family homes near job centers, the state of California moved toward legalizing ADUs, in the process overriding local zoning laws.

Finance 368
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Yardi’s rent-setting software illegally drove rent prices up for millions of renters: lawsuit

Housing Wire

RENTmaximizer effectively outsources the management of rental pricing from a landlord to Yardi itself, which then implements higher prices collectively across a group of landlords,” the lawsuit alleged. By 2013, the software was used to price 8 million residential units, attorneys for the plaintiffs argued.

Landlords 388