Category: Property Management
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Normal Wear and Tear?
OCTOBER 2016 | BY KEVIN ORTNER of RentersWarehouse Ripped or torn carpeting, gaping holes in the walls, doors hanging off the hinges — when a tenant moves out, some damage goes above and beyond the usual. But as most landlords know, these things are rarely straightforward. What do you do about scuff marks on the hardwood…
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Fort Collins Dodged a Bullet: Rental Licensing
At the last city council meeting in Fort Collins (May 4, 2010) the rental housing industry in town dodged a bullet. Many neighborhood activists (and some council members) were strongly in favor of instituting a rental licensing program to help regulate the industry. In the end, everyone compromised and the city council voted to require…
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Fort Collins passes changes to Occupancy Ordinance
May 5, 2010 – FORT COLLINS. Last night the Fort Collins City Council voted 5-2 in favor of changes to the Occupancy Ordinance for rental properties. The major items include: * Every lease shall have the Occupancy Disclosure Form signed and dated by all parties and either 1) notarized or 2) electronically recorded * A…
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Lead-Based Paint Regulations Go Into Effect Today
More on Lead-Based Paint from National Multi-Housing Council: Apartment firms are reminded that the EPA’s new lead-based paint Renovation, Repair and Painting (RRP) rule becomes effective today. Under the rule, a trained or certified renovator must carry out any renovation or repair work undertaken on pre-1978 properties that disturbs more than six square feet of…
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Lead based paint – more information
The Fort Collins Board of Realtors put together the following: Rule on Lead Safety Set to Take Effect April 22ndThe EPA has new Renovation, Repair and Painting Rules on homes built prior to 1978. The new rules will require contractors to be certified renovators and work for a certified renovator firm. They also specify safety…
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Lead Based Paint Rules Updated
The Fort Collins Coloradoan had an interesting article regarding lead based paint and renovations. We haven’t wrapped our heads around this one yet, but the new rules appear to be pretty invasive and onerous. See the link to the Coloradoan article after the jump. Click Here
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Accepting Late Payments Can Land You in Court
by Bill Gray (from AAOA) There are many reasons why you shouldn’t allow a tenant to pay rent late, but the legal implications must always be at the top of the list. Unfortunately, by being the nice guy or gal, and accepting late rent payments, you might be establishing grounds for a Fair Housing lawsuit.…
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How to Write a Bulletproof Lease Guarantee
Who Pays When Tenants Damage the Property Before They Move Out? by Janet Portman, Inman News (via AAOA) Q: I’m renting to a couple of college students and have both sets of parents as lease guarantors. Last month, the tenants had an accident in the kitchen that resulted in several hundred dollars’ worth of repairs.…
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Landlord Training – City of Fort Collins
This is the official notice of our upcoming Landlord Training. I am currently only promoting the class to those who have been on a waiting list. I will open the registrations further in 2 weeks. Please see below for details. Neighborhood Services will be hosting a Landlord Education Series. The series is a two-day, eight…
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Dangerous Property Manager Contracts
Don’t Sign if your contract says this … Posted by Dike Drummond MD CPC on Multifamily Insiders Your relationship with your Property Manager is key to the success of your Commercial Property Investments. This relationship starts with your Contract AND we have found a lot of Property Managers Contracts are heavily weighted in favor of…