Nova Scotia's Housing Minister has announced provincewide temporary emergency measures including a limit on rent increases. That rent cap is retroactive to September 1, 2020. Under the new emergency orders, rent cannot be increased by more than 2% each year. The cap...
Category
Rental Property Management Tips
Alarming Rise in Tenant Fraud
The rental industry is experiencing a significant rise in fraud activity among applicants, that according to a new fraud analysis from TransUnion Credit Bureau. During the period from March 2020 to August 2020, landlords saw a nearly 30% increase in applicants who...
Californians Reject Rent Control — Again
For the second time in two years, California voters defeated a ballot measure that would have paved the way for cities to enact more stringent rent control. In 2018, voters defeated a similar measure. Both propositions lost by a 60% majority. The failure to pass rent...
San Francisco Offers Rent Assistance to Landlords
Lawmakers in San Francisco have passed an ordinance to support landlords whose tenants cannot pay rent due to the pandemic. According to a report by the city's Budget and Legislative Analyst, the eviction moratorium put in place in response to COVID-19 has cost...
10 Simple Ways to Avoid Nightmare Tenants
Major property management firms report that tenant fraud -- rental applicants who misrepresent qualifications -- is a common occurrence. These applicants are the most likely to become nightmare tenants, skipping out on rent, damaging the property, or causing...
Eviction Ban Highlights Need for Tenant Accountability
A retired British Columbia couple in their seventies shared their frustration after their tenants disappeared during the province's eviction moratorium, leaving the fixed-income landlords with over $4,500 in unpaid rent. To add insult to injury, at least one of the...
British Columbia Extends Freeze on Rent Increases
Landlords in British Columbia will not be allowed to increase rent in December as previously announced by the Province. In March 2020, the Province ordered a freeze on rent increases due to the pandemic. Subsequent emergency orders had slated rent increases to begin...
Lawmakers Resist Effort to Seal Eviction Records
Louisiana's legislature rejected a bill that would have prevented landlords there from obtaining eviction records on tenants who did not pay rent during the pandemic. The measure would have prevented courts from reporting eviction cases for nonpayment that occurred...
3 Ways to Avoid Nightmare Tenants in 2021
With an expected wave of eviction filings for nonpayment of rent to begin in January, rental applicants are going to begin to line up for vacancies. Some paid rent and simply are relocating. Others didn't pay anything and they're leaving before the current landlord...
Lease Clauses That Prevent Income Loss
A lease agreement should include provisions that help landlords avoid income loss -- including these: Joint and Several Liability “Tenants shall be jointly and severally liable for all obligations under this lease.” Few tenants understand the legal ramifications of...