Posts Tagged ‘Paying Rent’

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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…

Can a Good Landlord/Tenant Relationship Result in Cheaper Rent?

Wednesday, November 11th, 2009

Landlord and tenant relationships, while not always easy, can work to your advantage. This is particularly true when your landlord rents and manages a small number of apartments.

Landlord Types

When looking for an apartment, you may encounter more than one type of landlord. Smaller buildings, or apartments in converted houses, may have a landlord managing the property on or off-site.

Other apartments that you explore may be located in high-rise buildings or complexes comprised of multiple buildings. Typically, this type of apartment…

How Much Should I Pay for Rent?

Thursday, October 8th, 2009

When searching for your next apartment, the first question you’ll likely ask yourself is “how much should I pay for rent?” The amount you should pay is largely dictated by your monthly income, but factoring in what amenities and features you need to live comfortably should also be taken into account. Figure out how much you should pay for rent by following these steps.

Step 1: Take A Look At Your Monthly Income

As a general rule, your rent or mortgage should account…

Why You Should Ask for a Rent Receipt

Sunday, October 4th, 2009

Receiving a rent receipt should be a normal part of your interaction with your landlord. Among other things, it protects your reputation and your credit rating.

Rental Agreement Execution

A rental agreement is a legal document expressing the terms related to renting your apartment. Once signed, it is executed, according to those terms. One of the  most important terms in your lease is the rental payment. You are legally obligated to pay your rent each month, on time.

Tenant Record Keeping

While it may…

How Rent Control Works in Los Angeles

Tuesday, September 29th, 2009

Rent control in Los Angeles covers most of the rental property in the city, provided the property was built before November 1978 or a certificate of operation was issued before that date. Coverage is applicable to any property with two ore more rental units. The following information shows you how the program works and what considerations must be met.

Property not Considered Under Rent Control

Certain properties and situations do not fall under the jurisdiction of rent control in Los Angeles.

  • Any single family home…