A Chicago landlord was ordered to pay a judgement well over $33,000 after making a mistake in the leasing process. The landlord had entered into a rental lease agreement for a posh penthouse apartment, netting $7,500 per month in rent. The tenants paid a security...
Category
Rental Forms
Is Your Rental Application Up-to-Date?
An up-to-date rental application form is a vital tool for a successful rental business. Asking the right questions of an applicant is key to obtaining the information needed to conduct a thorough tenant background check. What's more, if the rental relationship goes...
Do You Know the Most Controversial Provision in Your Rental Lease?
While pre-leasing negotiations center around tenant screening reports, move-in dates and contingencies like pets and parking, it's a particular rental lease provision that most often lands you in hot water. Late fee provisions are frequently troublesome for...
Top 10 Legal Mistakes That Can Sink Your Landlord Business
When it comes to landlord tenant lawyers, Janet Portman is as smart as they come. This accomplished attorney and managing editor of legal publisher Nolo shares the top ten legal traps for landlords: Know the laws in your state before you rent out space. Being a...
Becoming a Successful Landlord
By Kenneth Roth Introduction Ken Roth is a second-generation landlord, a real estate attorney and a former leasing agent. He's been letting properties and dealing with the headaches that inevitably result for over 20 years. Test your knowledge of landlord-tenant...