Tag Archives: Law
Federal Laws Property Managers Must Be Aware Of – Part I
Posted on 31. Jan, 2012 by Mary Girsch-Bock.
Sometimes it seems as if all property managers spend a majority of their time memorizing various rules and regulations. New employees in particular are always trying to learn basic rules such as “when do we return security deposits, or what account does this deposit go into?”
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Think Lodging Credit is Easy? Think Again
Posted on 02. Dec, 2011 by KTS-Law.
There has been a recent influx in lawsuits by employees in the property management business. After much consultation and defense of employers in this industry, it has become clear that many employers fail to correctly pay taxes on lodging credit. One of the major problems employers have is grasping the understanding that lodging credit is still “compensation” for tax purposes.
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Energy Benchmarking Program to Include Multifamily Housing in Seattle
Posted on 01. Dec, 2011 by Bryan Ives.
The owners of around 8,000 buildings in Seattle, Washington were recently notified that they are now required to take part in the city’s Building Energy Benchmarking and Reporting program.
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Fair Housing Act Lawsuit Settled in Rolla, Missouri
Posted on 23. Nov, 2011 by Bryan Ives.
Roger Harris agrees to pay $295,00 in monetary damages and civil penalties resulting from a Fair Housing Act lawsuit alleging sexual harassment, race and sex discrimination, retaliation and intimidation.
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D.C. Property Managers Steal 1 Million Dollars
Posted on 11. Nov, 2011 by Bryan Ives.
The FBI arrested the owners of a D.C property management company accused of defrauding an estimated million dollars from homeowners.
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Recyling Bins Now Required for Apartment Complexes in California
Posted on 13. Sep, 2011 by Aimee Miller.
In California, Governor Jerry Brown recently signed the Renter’s Right to Recycle Act, requiring landlords to offer recycling bins and services for cans, plastic and paper in complexes with five or more apartment units.
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Judgment Debtor Exams and the “Secret Lien”
Posted on 23. Aug, 2011 by KTS-Law.
If you were successful in obtaining a judgment against a former tenant or other third party, chances are you will not be paid voluntarily. Sometimes obtaining the judgment may prove much easier than collecting it. This article will discuss judgment debtor examinations and the “secret lien” which are little known tools that can lead to success in the collection effort.
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Case Investigation: Maximizing Commercial Collection
Posted on 29. Jul, 2011 by KTS-Law.
California has a statutory scheme that provides mechanisms for judgment creditors to recover money involuntarily from judgment debtors. However, a creditor cannot collect if the judgment debtor’s assets cannot be located.
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Protestors Put Homeless in Foreclosed Homes
Posted on 28. Jul, 2011 by Nora Betz.
Take Back the Land is a group founded by Max Rameau who is a controversial activist who wants to change the way the public views housing issues.
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Handling Evictions While Rents are Going Higher
Posted on 14. Jul, 2011 by Marc Courtenay.
The national unemployment rate increased during June of 2011, and the number of new jobs created was disappointingly low. As unemployment benefits expire and public assistance programs are drained, more residents are finding it difficult to meet their major expenses, beginning with their rent. On July 9th I interviewed the owner of a property management company in Southern California. We discussed vacancies, rental rates and handling evictions.
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Property Manager Sets Resident On Fire Over Late Rent
Posted on 06. Jul, 2011 by Nora Betz.
Jonathan Steinberg, 58, was arrested and charged with aggravated battery after he became so upset with his tenant’s late rent payments that he set his boxer shorts on fire while he was wearing them.
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Effective Ways To Handle an Eviction
Posted on 16. Jun, 2011 by Marc Courtenay.
There are no easy, self-evident ways to deal with a resident eviction. You can’t just change deal with this challenge using your imagination only. A property manager or owner who wants to evict a tenant must fastidiously follow the state and local laws. The process of eviction can be expedited. The challenge though involves doing everything exactly right.
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Sarah Palin Victim of Mortgage Fraud
Posted on 14. Jun, 2011 by Nora Betz.
This May, Sarah Palin invested in a company that paid $1.7 million for a 5 bedroom house in Scottsdale, Arizona. Questions were raised about the legality of the sale after a fraud examiner determined that at least two of the signatures were forged on the re-financing and foreclosure transaction papers in the years prior to Palin’s company involvement.
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Evicted Woman Breaks Back into Her House
Posted on 01. Jun, 2011 by Nora Betz.
Tanya had been living in her home in Berkeley, CA for 27 years and after her house went into foreclosure, she was evicted by the Alameda County sheriff’s department. She broke back into the house and was found squatting in the home she previously owned.
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Money Paid to Foreclosure Rescue Scam Victims
Posted on 24. Mar, 2011 by Nora Betz.
The Federal Trade Commission will be giving checks to almost 1,500 people who were taken advantage of by Bryan D’Antonio’s scam called Tax Relief ASAP. These checks total only 24% of the victims total losses and offer little relief to the people who lost their homes by foreclosure because they fell for the phony foreclosure rescue scheme.
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A Landlord’s Inside Track to Debt Collection: The Bank Levy
Posted on 14. Mar, 2011 by KTS-Law.
The bank account levy is perhaps the most efficient means for collecting a money judgment. A bank account levy is the judicial process for seizing funds in a bank account to satisfy a judgment. Following an eviction, and after a money judgment has been entered, the landlord may levy the bank account of a former tenant to collect the judgment.
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Getting Up To Speed With Fair Housing Laws
Posted on 21. Feb, 2011 by Mary Girsch-Bock.
Are you up to date on the Fair Housing Laws? Both federal and state anti-discrimination laws need to be adhered to on a regular basis in order to prevent potential lawsuits from crippling your property management company.
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Choose Your Collection Partner Wisely
Posted on 07. Feb, 2011 by KTS-Law.
The battle on the collection field has always been fought with the sword and the shield. It is a game of offense and defense. When choosing a law firm or collection agency to represent you, it is important to find one that maximizes recovery and at the same time protects you from unwanted liability for alleged debt collection violations.
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Huntington Beach Squatters Arrested
Posted on 28. Jan, 2011 by Nora Betz.
Two men illegally entered a 5 bedroom, 4 bathroom home that was vacant and for sale in Huntington Beach. Hoan Huu Nguyen, 37 and Jose Alfredo Olivares, 37 took down the “for sale” sign and claimed that they were renters.
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New Law Requires More Documentation on Rental Properties
Posted on 05. Jan, 2011 by Aimee Miller.
January 1st, a new law took affect that requires rental property owners to submit additional accounting records to the IRS.
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America’s Worst Cities For Bed Bugs
Posted on 04. Jan, 2011 by Aimee Miller.
While every major metropolis has reported infestations in 2010 (as well as a rapidly increasing number of smaller towns), some cities have been harder hit than others.
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Officials Burn Down CA Rental Property Packed with Explosives
Posted on 15. Dec, 2010 by Nora Betz.
Thursday Dec 9th, San Diego officials burn down an Escondido, CA house rented by George Jakubec.
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Home Condemned, Couple Arrested for Hoarding 76 Dogs
Posted on 21. Oct, 2010 by Nora Betz.
Several animal hoarding cases have been reported in the past several months in the East Tennessee area. Suspecting animal cruelty, officials entered the home of couple James Edward Cagle, 67 and Glenda Marie Cagle, 64 on Neubert Springs Road in South Knoxville to find animals hiding in the wall panels.
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Dog Dropping Date In Court for Naperville Renter
Posted on 07. Oct, 2010 by Aimee Miller.
Susan Miller, a Naperville tax accountant, became a little bit famous after she lost her patience after stepping (shoeless!) in dog feces from her neighbor’s dog. She was so angry she used her neighbor’s deck to wipe her foot.
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Marc Courtenay: Thank you Aimee. That is an excellent article....
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Aimee Miller: Here's an interesting article with even more stats...
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john: The problem is not a lack of inspections, but a la...
