Property Management

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CRES Risk Management Webinar: How to Reduce Property Management Risks in a COVID World

Like many other industries, real estate has been significantly affected by COVID-19. Property management is one area in particular, which is experiencing much pandemic-related change. There’s no doubt the risks are much greater in this current environment, and lawsuits are on the rise.  For many property managers, keeping on top of COVID-related laws and restrictionsRead More

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Tenants Who Cannot Pay Due to COVID-19

The impact of COVID-19 on the world economy is unprecedented. GDP has dropped some 4.8% for the first quarter of 2020, the stock market has taken a hit, businesses are suffering and laying off staff, and unemployment has risen. Those most vulnerable — low-wage employees who don’t get paid if they don’t work — areRead More

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How to Avoid Income Discrimination Lawsuits as a Property Manager

Property managers need to be especially aware of income discrimination situations, especially with new laws in California about rent control and source of income issues. (Be sure to check on specific laws about income discrimination in your state.)  Have you ever had a potential tenant that you worried couldn’t make the rent? How can youRead More

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What Can Property Managers Do When Roommates Fight?

Tenants in different rental units don’t always get along, and sometimes tenant roommates have conflicts as well. Disputes can lead to noise complaints, destruction of property, and physical violence. What’s a property manager to do?  Are Property Managers Their Tenants’ Keeper? Recently, a CRES client called the CRES ClaimPrevent® Hotline, wondering what he should doRead More

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Military Lease Termination: What Property Managers Need to Know

Property managers may be faced with tenants who want to terminate a lease before it expires for a number of reasons. Leases exist for a reason and have regulations about how they can be ended, but what happens when the tenant is a military member?  Recently we talked to a CRES client who’s a propertyRead More

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The Best Way for Property Managers to Reject Applicants

Part of your job as a property manager is screening potential new tenants. The screening process you use and the way you reject applicants can get you in trouble if you aren’t careful. It’s important to understand the Fair Housing Act and other federal and state laws related to renting and discrimination. Under the Act,Read More

garage full of abandoned tenants property

What to Do with a Tenant’s Abandoned Property

Landlords and property managers know that when tenants leave, they don’t always take all their things with them. Recently a client asked our risk management legal advisory team whether they could get rid of personal property a tenant left behind when they moved out. 3 Steps to Dealing with a Tenant’s Abandoned Property Whether theRead More

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Guest or Tenant? How to Deal with Someone Who Won’t Leave

What happens when somebody pays you to stay in a room short term and then doesn’t want to leave? That happened to one of our clients. She offered a place to stay in her home since hotel rates were so high. The person agreed to pay $600 for the short-term use of a bedroom. NowRead More

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Dealing with Malicious Acts by Tenants – a Guide for Property Managers

It’s every property manager’s and property owner’s worst nightmare —  when a tenant does malicious damage. This is why it’s important to know what the liabilities are, and what you can do to reduce your risk of a lawsuit. Not only does it allow you to protect your clients by offering sound advice, but itRead More

Choosing-The-Right-Tenants-To-Avoid-Future-Lawsuits

Choosing The Right Tenants To Avoid Future Lawsuits

Choosing the right tenants is one of the biggest challenges property managers face. When done right, it can significantly minimize your risk of a lawsuit or Errors and Omissions claim down the road. What Makes a Good Tenant? Ideally, your clients (the landlords you manage properties for) are looking for a person who has theRead More

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