Property management

It is important to research both benign and potentially hazardous species so you can provide educational materials to your rental team and tenants. Tenant education channels may include, but not be limited to: Articles posted on your property management website Social media posts A section in your lease agreement that includes the state required mold disclosure and prevent policy Newsletters Notices on community bulletin boards A flyer, or mailer, that reminds tenants of their responsibility

Title insurance is a contract and a risk management tool that protects insurance holders against loss resulting due to title defects, survey defects, title fraud encroachments etc. It originated in United States due to shortcomings of the inadequate deed registry system. In 1876 a group of Philadelphia conveyancers founded the very first title insurance company; the company claimed that it would secure the purchaser’s real estate and mortgages against losses from defective title, liens and encumbrances

de-icing your private property may not contribute to the ecosystem at the same scale as that of governmental use of major roadways, there are still harmful externalities involved. The current laws in place by the Canadian government do not deter from the continued use of road salt for de-icing private property. In describing how important it is for private property owners to de-ice their property, the city phrases it as being a “good neighbour” ("Clearing snow and ice from your property - Winter Maintenance

Many property owners do credit checks to make sure tenants can pay the rent and stop at that. Do a background check to make sure your prospective renters are reputable people who are not criminals. Also, a slight dip in a credit score does not tell a whole story

The Downside of Leaseback Jigar. Kamdar Loss of residual property value is perhaps the major disadvantage of the sale-leaseback is that the seller transfers title to the buyer. Owners can minimize this disadvantage by including a repurchase option in the leaseback. However, a repurchase option changes how the sale-leaseback arrangement is reported for accounting purposes. The lease will be recorded as an asset and capitalized, and the obligation to make the future lease payments will be shown

recommendations to improve Calloway’s ability meet its tenants’ and shoppers’ needs. Situational Analysis Calloway REIT is the largest owner of large-format unenclosed retail properties in Canada. Its high-quality portfolio represents superior assets in prime locations across the country. These properties comprise a

heating up, as evidenced by new projects in development and developers considering changing condo projects into rental apartments. Clearly, there is demand for rental units and the government appears poised to assist the owners of residential property management Ottawa buildings gain a better return on their investments. Proposed new legislation modifications to the Residential Tenancies Act will help landlords rid themselves of bad tenants more quickly. Proposed Changes Recently, the government announced

the owner to be directly involved - Property income - Bank account interests

industry and the importance that surrounds contracts with a focus on hotel management contracts and regular hotel contracts. I decided to write about this topic because while hotels play such a major part in conventions and meetings, it is imperative to look at the hotel management contracts that keep a hotel operations functioning daily and the detail that goes into dedicating an owner and operator to each hotel. Hotel management contracts continuously allow for the growth of the convention and meeting

Real estate speculation is a highly profitable form of property investment. Speculators go through three stages. a. Acquisition b. Renovation c. Management or mismanagement Speculators look for properties that sell at below market rate, then renovate, renting the units at or above market rate. Speculators are particularly fond of buying properties that have rent-regulated tenants. These tenants entered their tenancy under rent control provisions, which allows them to pay rent at rates far