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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 114
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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 310
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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 466
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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 401
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Knox Financial announces $10 million in Series A funding

Housing Wire

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. “Its full-service, tech-enabled platform has clearly resonated with first-time investment property owners and career landlords alike,” Hower said. Knox has shown people across the U.S.

Landlords 381
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DOJ, CFPB put mortgage servicers “on notice” after veterans’ complaints

Housing Wire

The agencies also sent a letter to landlords and housing providers. Mortgage servicers and landlords must ensure that they are in full compliance with federal laws intended to protect service members and their families during military service,” Assistant Attorney General Kristen Clarke said.

Landlords 394
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Eviction filings are up more than 50% in some cities compared to pre-pandemic levels

Housing Wire

Landlords file about 3.6 Nationwide, 200 measures have passed since January 2021, including legal representation for tenants, sealing eviction records and mediation to resolve cases before they reach court, according to the National Low Income Housing Coalition. million eviction cases each year, according to the organization.

Landlords 374