Rental Update: New Yorkers have passed a law banning apartment rentals of less than 30 days.
Author Archives: American Apartment Owners Association
Landlords Gaining Power According to New Market Numbers
August 1, 2010 – 3:01 pm
Landlords are finally seeing vacancy improvements and the first uptick in rents in several years.
Hungry, Scared and Potentially Lethal: What To Do When Tenants Abandon Their Pets
July 1, 2010 – 12:06 am
What to do when tenants abandon their pets.
Fair Housing “Zero-Tolerance Policy” Netting Huge Awards Against Landlords: Learn From These Mistakes
May 1, 2010 – 4:37 pm
Second Largest Settlement on Record
The Department of Justice (DOJ) has just announced settling a rental housing discrimination suit that it is touting as the second largest monetary payment ever obtained in a fair housing case.
A Kansas City, Kansas landlord will pay a $2.13 million settlement over allegations it engaged in a pattern [...]
10 Ways to Spot Deadbeats Before You Rent to Them
April 1, 2010 – 9:53 am
With vacancies high, you may not get the chance to sift through a pile of qualified applicants to pick the cherry tenant.  That makes it even more important to spot the ones who are more likely to cause damage or leave you with unpaid rent to collect.
While there is no sure-fire formula for predicting who [...]
The 7 Deadly Lease Sins
March 1, 2010 – 4:10 pm
Landlords who have gone to court will tell you – there seems to be a bias against them when it comes to lease enforcement.
Sure, it’s not fair, but there is a basis for it: You were the one who provided the lease in the first place. You had the opportunity to get it right.
That’s why [...]
Nine Hundred Dollar Lease Mistake
February 1, 2010 – 4:01 pm
A landlord recently shared a story about a court case for unpaid rent and damages against his tenant who ran out early. Among other things, this tenant chiseled his initials into the stone fireplace.
The landlord owned only the one property and he cared for it with great pride. So, he felt motivated to pursue this [...]
Disaster Prevention – Now, It’s the Law!
January 1, 2010 – 6:06 pm
Headache, nausea, fatigue — symptoms of the flu, right? Could be. Or, it may be something even deadlier.
Carbon monoxide poisoning mimics the flu. Many victims crawl into bed, and fall [...]
New Law Will Stick It To Landlords
December 1, 2009 – 5:29 pm
So much for property rights in Maryland.
A councilman in Prince George’s County, Maryland, has come up with a way to stick it to landlords, by making them responsible for law enforcement against their tenants.
The proposed law is part of the county’s new crime reduction program. Under the rules, landlords, not police, are responsible for dispensing [...]
Bad News for the Rental Market Vacancy Numbers May Be Worse Than Reported
September 1, 2009 – 5:57 pm
On Wednesday, July 8, 2009, the Wall Street Journal reported that apartment vacancies had risen significantly, to a 22-year high. This report used statistics furnished by the independent research firm Reis, Inc.
But a different research company, Axiometrics, Inc., reports that its findings are far worse. Axiometrics claims superior methodology in its survey of apartment rental [...]
