By David Brown, Ralph E. Warner
This e-book covers every thing landlords and estate managers want to know approximately deposits, rentals, and condo agreements, inspections, habitability, discrimination, and hire keep watch over. fresh laws is distinctive during this 7th version. contains 25 tear-out types and agreements. Illustrations .
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Extra info for The California Landlord's Law Book: Rights and Responsibilities
You may need this information later to track down a tenant who skips town leaving unpaid rent or abandoned property. ) 2. Credit-Check and Screening Fees State law limits credit-check or application fees you can charge prospective tenants and specifies what you must do when accepting these types of screening fees. ) You can only charge "actual out-of-pocket costs" of obtaining a credit or similar tenant "screening" report, plus "the reasonable value of time spent" by you or your manager in obtaining a credit report or checking personal references and background information on a prospective tenant.
A Adopt a Rental Plan and Stick to It Before you advertise your property for rent, you'll want to make some basic decisions which will form the backbone of your lease or rental agreementhow much rent to charge, when it is payable, whether to offer a fixed-term lease or a month-to-month tenancy and how much of a security deposit to require. You'll also need to decide the responsibilities of a manager (if any) in renting out your property. If you haven't made these important decisions, the details you need are in Chapters 2, 3, 5 and 6.
For example, if you are a larger landlord who is frequently faced with tough choices and who always avoids an equally qualified minority or disabled applicant, you are guilty of discrimination. See Chapter 9 for a detailed discussion on how to avoid illegal discrimination when choosing an applicant. 1. Recordkeeping A crucial use of any tenant-screening system is to document how and why you chose a particular tenant. Be sure to note your reasons for rejectionsuch as poor credit history, pets (if you don't accept pets), insufficient income relative to the rent, a negative reference from a previous landlord or your inability to verify informationon the Tenant References form or separate paper.
The California Landlord's Law Book: Rights and Responsibilities by David Brown, Ralph E. Warner