Posts Tagged ‘Legal Issues’

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The Disadvantages of Rent Control

Friday, November 20th, 2009

Rent control is a set of laws, which is adopted by a local or state government, designed to protect tenants. The most common factors that rent control laws regulate are the maximum rent price, how much rent can go up when re-signing a lease, and what options are available to tenants who live in rental properties that need repairs.

Rent control has been found to help tenants in certain situations. However, it has also been found to have some drawbacks, which…

8 Red-Flag Clauses of a Bad Landlord-Tentant Agreement

Thursday, November 19th, 2009

For anyone who is reviewing a lease agreement prior to move-in, it helps to be able to identify some warning signs of a bad landlord tenant relationship that is waiting to happen. Sometimes, the clauses of a lease can be bad omens, where tenant rights hinge on a good reading and negotiation of “landlord laws” that may ultimately be unreasonable. Here are some signs that your lease agreement may be slanted toward landlord protection.

1. Unreasonable Lease Terms or Poor Renewal…

The Benefits of Rent Control

Wednesday, November 18th, 2009

The concept of rent control has existed to some degree since around World War I. It grew to include several states (and a number of counties and cities within these states) following World War II. The concept of rent control is that it places caps on the maximum amount of money a landlord can charge a tenant. In many areas where rent control laws exist, they are targeted at specific types of renters. The most common group that is protected…

Renting After Foreclosure - Is it Possible?

Tuesday, November 17th, 2009

Foreclosure is a fact of life for many people in this economy. Some wonder if it renting after foreclosure is a possibility. You are not alone, and there are many people on your side. Michael Moore is rallying for a cease on all foreclosures until the mortgage mess is settled. People in the government are promising change. However, now is the time that you have to face moving on. The good news is that there is hope in renting a…

What Information Does a Standard Rental Application Require?

Wednesday, November 11th, 2009

Whether you’re looking to rent for the first time, or just need a quick refresher, you can save yourself time and energy by knowing some of the basic types of information you’ll need in order to complete a standard rental application.

Basic information

Most of the basic information you’ll need for your tenant application will most likely already be stored in your head. This will include your name, social security number and your current contact information. On the other hand, information that…