Law

Proper Use of Property Management Trust Accounts

Proper Use of Property Management Trust Accounts

Posted on 29. Jul, 2010 by .

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Misuse of trust accounts is the number one reason why property management companies are audited. That’s why it’s vital that the proper trust fund accounts are established as needed, and used properly. d

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Money Judgment Advantages

Money Judgment Advantages

Posted on 22. Jun, 2010 by .

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Unless your unlawful detainer case went to trial, you have the option of obtaining a monetary judgment after your tenant vacated the property. There are several compelling reasons to continue the action to obtain a money judgment.

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Resident Security Deposits – Are You Covered?

Resident Security Deposits – Are You Covered?

Posted on 08. Apr, 2010 by .

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When Judy moved out of her apartment, the property managers at one of New Mexico’s top management companies were mortified by the extent of damages. The front door was covered in dents, and windows were broken in both the bedroom and the living room. The carpet was covered in cigarette burns and ugly purple stains, and the bathroom tile was curled up and peeling from excessive water damage.

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California 2010 Legal Update: Legislation and Case Law That Will Effect Rental Property Owners and Managers

California 2010 Legal Update: Legislation and Case Law That Will Effect Rental Property Owners and Managers

Posted on 04. Mar, 2010 by .

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As 2010 gets under way, it is important for property managers and owners to be aware of new legislation, case law and legal trends that will significantly impact our industry. Below is an overview of the most significant laws and trends for this year.

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Work Place Violence Restraining Orders – An Effective Tool in the Prevention of Workplace Violence

Work Place Violence Restraining Orders – An Effective Tool in the Prevention of Workplace Violence

Posted on 12. Jan, 2010 by .

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Our law firm is experiencing a dramatic increase in the number of calls we receive concerning an irate tenant who is displaying signs and threats of violence. These threats are directed at on-site management, maintenance personnel or even independent contractors hired to perform work on the property. This article addresses one unique course of action […]

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Top 10 Property Management Pitfalls (Presentation by Daniel Bornstein, Landlord Attorney)

Top 10 Property Management Pitfalls (Presentation by Daniel Bornstein, Landlord Attorney)

Posted on 17. Nov, 2009 by .

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On Thursday, Nov 12th we hosted a seminar in San Francisco. Daniel Bornstein, Landlord Attorney with Bornstein and Bornstein (www.bornsteinandbornstein.com) presented an insiders view on how to avoid common property management mistakes that cost your business money and result in potential liability. View more presentations from AppFolio Top 10 Property Management Pitfalls Failure to draft […]

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The Right Way To Evict A Resident – Learn the Correct Process Before You Need It

The Right Way To Evict A Resident – Learn the Correct Process Before You Need It

Posted on 12. Nov, 2009 by .

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As a property manager and landlord attorney, I know firsthand how stressful it can be when terminating a tenancy. The loss of rent, cost to retain an attorney and a resident “gaming the system” to delay the eviction can create incredible anger for the unfortunate landlord.

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Reasonable Modifications for Disabled Residents

Reasonable Modifications for Disabled Residents

Posted on 03. Nov, 2009 by .

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Do any of these questions sound familiar to you? “I have a resident who wants grab bars installed in her shower. Are we required to install them for her?” “Our property was built in the 1970s. Today, one of our residents came in to the office and said that he needs a ramp built over […]

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Challenging Times, Creative Solutions and Fair Housing

Challenging Times, Creative Solutions and Fair Housing

Posted on 29. Sep, 2009 by .

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Vacancy rates are rising; rental rates are falling; resident retention is becoming more difficult; water, sewer and trash rates are increasing; and the overall economic forecast looks bleak – there is no doubt that these are challenging times for the rental housing industry. Competition for residents is stiff, and property owners and management companies are […]

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California Tax Withholding Requirements for Rent Payments

California Tax Withholding Requirements for Rent Payments

Posted on 11. Aug, 2009 by .

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The California Franchise Tax Board has required withholdings in connection with real property sales for years. The FTB is now expanding withholding obligations to require withholdings on rent payments made to non-resident landlords. The FTB initially focused on withholdings for commercial properties (by tenants and property managers). When it then attempted to expand implementation to […]

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