Cleveland Appraisal Blog

JUNE 18, 2022

comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. Before retirement in 2014, Leslie practiced law for 33 years, mostly with Faegre Baker Daniels (now Faegre Drinker), a law firm with national and international offices.

Appraisal 309

Appraisal Law Development Valuation 309

The Robert Weiler Company

MARCH 29, 2023

Hiring the wrong property manager can result in missed rent, vacancies, poor maintenance, tenant dissatisfaction, and financial loss. A property manager is a liaison between the property owner and tenants, staff, or contractors. The objective of a property manager is to run the operation smoothly while maintaining tenant satisfaction.

Property Management 78

Property Management Tenants Real Estate Investors 78

Zillow

OCTOBER 2, 2015

Legally speaking, can one tenant kick the other to the curb based on a few common lease violations? Below, we discuss several tips and techniques for lawful roommate eviction, as well as conduct to avoid at all costs - or you may find yourself on the curb. Accordingly, it may be time to seek an alternative legal remedy.

Legal 36

Legal Landlords Tenants Law 36

The Robert Weiler Company

SEPTEMBER 18, 2020

You want your tenants to be well-serviced but don’t have the availability. You’ll have peace of mind knowing that your tenants will be attended to by a full-service team, and you’ll get to make the most of your investment without the inundations of micromanagement. Selecting the right tenants.

Property Management 78

Property Management Real Property Tenants Legal 78

Movoto

MARCH 29, 2024

On paper, it sounds easy: buy a home, renovate where necessary, and after screening prospects, place a well-qualified tenant on the property. Remember that things go wrong, so having people who can, for example, replace a window or install a new water heater with little notice will be invaluable to appropriately hosting tenants.

Tenants 36

Tenants Landlords Investing Renovations 36

The Robert Weiler Company

JANUARY 2, 2021

While the buyer takes possession of the property, as with mortgages, the seller retains the deed and legal title to the property as security and collateral until the installment payments are completed. At its most basic level, a ground lease is not a sale of land, but rather a rental of land to a tenant that plans to build on the property.

Contracts 143

Contracts Tenants Legal Sellers 143

The Robert Weiler Company

JANUARY 9, 2022

When executing commercial property for lease in Columbus, Ohio, landlords and tenants each have different perspectives and interests. Learn the leasing laws in Ohio. Creating a commercial lease that meets all of Ohio’s legal requirements will prevent a headache down the road. Determine the length of your commercial lease.

Tenants 78

Tenants Landlords Real Estate Property Management 78

Movoto

JANUARY 28, 2022

Before you rent your home out to tenants, there are a few things to consider. That’s important to note, because you want to make sure your tenants follow the requirements or you’ll be stuck facing fines. . You could face fines and other problems if you’re supposed to be following city zoning laws and fail to do so.

HOA 48

HOA Tenants Landlords Law 48

The Robert Weiler Company

OCTOBER 15, 2021

In addition to the prospect of skyrocketing property values, buying commercial property for sale gives you control of the property and allows you to dictate usage, rental agreements, and types of tenants. . Lacking full awareness of existing tenant lease provisions. Tip #4: Avoid fundamental mistakes.

Investing 138

Investing Real Estate Tenants Investors 138

Lamacchia Realty

APRIL 4, 2024

It’s important to note that every state has different laws addressing this issue, and you should consult with a professional attorney to gain a full understanding of your state’s probate process. Instead, the title transfers automatically upon the death of one joint tenant to the surviving joint tenant(s).

Tenants 51

Tenants Realtors Legal Real Estate 51

Inman

APRIL 4, 2023

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 146

Landlords Legal Real Estate Investors 146

Housing Wire

JANUARY 10, 2024

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. The company will also take specific actions to ensure compliance with California law.

Tenants 435

Tenants Landlords Law Legal 435

Zillow

JULY 14, 2019

Get to know your state's disclosure laws. The law urges buyers, sellers and their agents to engage in fair and honest dealing with all principals in the real estate transaction. However, the laws that regulate disclosure of sketchy events vary from state to state. Ever heard the phrase "caveat emptor" (let the buyer beware)?

Buyers 38

Buyers Law Legal Sellers 38

CA Realty Training

APRIL 26, 2021

The term “fee simple ownership” refers to one’s complete right and legal privileges over a real estate property. This means full ownership and legal privileges over a property. The person receiving ownership is called the life tenant. . The life tenant enjoys most of the ownership rights while in their possession.

Tenants 63

Tenants Real Estate Legal Training 63

Zillow

JUNE 11, 2018

This jump in the number of renters has put pressure on both tenants and landlords. Tenants are scrambling to find the right place, while landlords are trying to find the right price. Utilities are not exactly a hidden cost, but they’re often overlooked by tenants eager to move into a new apartment or renew their current lease.

Landlords 36

Landlords Tenants HOA Law 36

CA Realty Training

JUNE 16, 2021

Collecting rent from tenants. They’re responsible for screening any tenant that sends an application. Whether it’d be through background checks or checking the credit scores of the tenants. The first inspection happens when the tenant moves in, and the second happens when they move out. Market and sell the property.

Property Management 38

Property Management Tenants Real Estate Brokerage 38

The Robert Weiler Company

JULY 4, 2022

They want to learn about the latest technology, laws, and regulations. But it’s important that you select books that are newly published; this is especially critical when you’re relying on the books for legal or tax-related information or forms. And some books will cover all of the above.

Property Management 78

Property Management Tenants Landlords Legal 78

Mashvisor

MAY 30, 2021

While many property sellers, buyers, and real estate professionals act professionally and keep the law for the most part, illegal real estate practices still occur every day. As a real…

Real Estate 74

Real Estate Investors Law Sellers 74

PennyMac

JUNE 2, 2022

You have to have enough money saved to be able to handle expenses such as repairs, and cover the holding costs if a tenant moves out unexpectedly or stops paying rent. You also have to have a schedule that will allow you to address any issues that arise since tenants will have to be able to get a hold of you. Kevin Vandenboss.

Real Estate 69

Real Estate Investing Tenants Property Management 69

The Robert Weiler Company

DECEMBER 15, 2022

Landlords typically provide their own leases to prospective tenants of their commercial real estate for lease. Fully understand all terms, costs, clauses, and responsibilities of the tenant and landlord regarding the commercial real estate for lease. A prospective tenant can negotiate almost all commercial lease terms.

Real Estate 78

Real Estate Tenants Landlords Property Taxes 78

The Robert Weiler Company

APRIL 15, 2022

Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party). A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Compliance with Laws.

Tenants 144

Tenants Landlords Property Taxes Insurance 144

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser must consider everything that could affect a property’s value; some factors include property conditions, neighborhood, economy, market conditions, legal factors, and even the political climate. Renting commercial space to food or beverage shops or a dry cleaner provides convenience to tenants.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

GoForrmz

DECEMBER 22, 2022

Collect legally binding signatures at no additional cost with the GoFormz eSignature fields. Signature fields can be used to collect signatures that do not require legally binding authentication, like a sign-in sheet. Whereas eSign fields allow you to collect legally binding, E-SIGN Act-compliant signatures within your digital forms.

Legal 78

Legal Tenants Contracts Law 78

Will Springer Realtor

FEBRUARY 8, 2022

Once the home is sold, roles are reversed … with a twist: Buyer becomes owner and landlord while seller turns tenant, highly protected by state and local occupancy laws. King, Pierce and Snohomish counties have apparently also updated – or are working on updating – landlord/tenant laws that would apply to unincorporated areas.).

Sellers 36

Sellers Buyers Landlords Tenants 36

Zillow

SEPTEMBER 21, 2018

Since there’s no easy way for the average tenant to know if the mold in their home is dangerous or not, it’s always best to ask your landlord to get rid of it. While there’s no federal law that dictates mold exposure limits in rental housing, some states and cities have put guidelines in place.

Tenants 36

Tenants Landlords Law Legal 36

Empire Appraisal Group

MAY 20, 2021

The State Legislature has also passed laws this session to provide a lot of immunity protection to businesses from COVID lawsuits. Rob Samouce is a principal attorney in the Naples law firm of Samouce & Gal, P.A. © 2021 Journal Media Group. The post Can Condos or HOAs Require Vaccination Proof to Use Amenities?

HOA 78

HOA Easement Tenants Law 78

Zillow

APRIL 20, 2015

Getting an eviction notice may seem like the end of the world at first, but renters do have tenant rights that can help resolve the issue or change the landlord's decision. Unfortunately, not every eviction is avoidable: Landlords have rights, too, and obligations to uphold the value of the property and the safety of all other tenants.

Tenants 36

Tenants Legal Landlords Law 36

Housing Wire

DECEMBER 14, 2020

For example: Because they add square footage to the property, ADUs can increase property values – and in situations where a tenant is living on the property, provide a source of rental income as well. What are the zoning laws in my locality? ADUs provide both financial and environmental benefits.

Government 312

Government Tenants Development Legal 312

McKissock

FEBRUARY 7, 2021

Mistake #1: Not screening tenants. Though the risks are high, it is not uncommon for landlords to bypass screening new tenants. Unfortunately, there are tenants that know how to exploit this trust, and will inevitably cause you months of grief. Mistake #2: Failing to do a routine inspection of your property.

Property Management 81

Property Management Tenants Inspection Clients 81

Boston Appraisal

APRIL 18, 2024

Lease Analysis : Analyzing lease agreements across different types of tenants and leases (e.g., Zoning and Regulatory Issues : Zoning laws can vary significantly across regions and can affect the permissible uses within mixed-use developments.

Development 78

Development Appraisal Valuation Retail 78

The Robert Weiler Company

JULY 6, 2021

The two scenarios surrounding build-to-suit are speculative buildings and scenarios where the tenant has already been secured. Speculative buildings are produced without the guidance of a specific tenant in mind but can be rewarding if they are of high quality and fulfill the needs of local businesses. Appearance.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Appraisal Today

JUNE 3, 2022

GRM is an Income Approach that applies to homes with long long-term tenants, not homes with many Short Term Rentals. Ripeness is a legal term I learned from an Environmental Law course which means, a time to act after other remedies have been exhausted, although it is used in many different contexts. Functional Obsolescence.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

PennyMac

NOVEMBER 27, 2023

A single-family home, townhouse or multi-family unit can be a long-term asset, offering additional tenant income. A bedroom, guest house or casita could be rented to a tenant, and a spacious basement or garage could be leased to someone who needs storage space. Rent it out and bring in some extra cash.

Market Value 36

Market Value Tenants Renovations Insurance 36

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” The federal judge now overseeing the case earlier this year denied a motion lodged by Invitation Homes seeking to have the case dismissed.

Renovations 326

Renovations Investing Real Estate Marketing 326

Housing Wire

JULY 20, 2022

Accessory dwelling units are increasingly legal. How to minimize tenant turnover using online property management tools. Here’s a look at why tenant turnover happens and how to prevent it in the future. ADUs were legalized statewide in 2017. Oregon and Connecticut have followed suit in legalizing ADUs.

Finance 383

Finance Legal Landlords Construction 383

Eppraisal

NOVEMBER 1, 2022

Therein lies the challenge: finding and keeping dependable, long-term tenants for a single-family house. They screen all prospective tenants to determine creditworthiness, character, financial capacity and suitability. Maintenance and legal fees vary according to the job done. So, there are things that demand your attention.

Property Management 69

Property Management Landlords Tenants Legal Fees 69

Housing Wire

MAY 5, 2021

A federal judge has overturned the Centers for Disease Control eviction moratorium , ruling that the agency does not have the legal authority to impose a nationwide eviction moratorium. Groups representing rental landlords — who hope to rid themselves of non-paying tenants — cheered the ruling. The reversal may be short lived.

Landlords 410

Landlords Tenants Legal Law 410