Rental Property Management General Guidelines

According to many of the various state regulations and rulings that govern the process of renting a property, both for the landlord and the tenant, each party is responsible for cretin things and also enjoys special benefits and protections. There are certain responsibilities that apply to the landlord and responsibilities that apply directly to the tenant. It is important to remember that each state has its own regulations and rules so the individual state you are in may have some different or missing points compared to the listing here.  But as a general guideline, these are some of the things you need to be aware of when dealing with property management companies and associated guidelines in your state or city.

Tenant: 
•    Compliance with building and housing codes. The tenant is required to help keep the units and surrounding facilities clean and safe to a reasonable and accommodating level
•    Being “reasonable” in the use and handling of all equipment and supplies provided to them by the landlord or other tenants in the unit
•    Do all that they can to help prevent others from causing damage and  be responsible to report vandalism when it occurs
•    Refraining from disturbing neighbors and maintain a reasonable level of noise
•    Pay rent on time every time or notify the landlord of any delays in payment
•    Obey any reasonable rules that the landlord put into effect at the time the agreement was made
Landlord: 
•    Provide legally required disclosures about the unit, property, and other tenants who may also reside in the unit
•    Provide all tenants with a safe living environment and to remedy situations that are not safe or healthy
•    Give the tenant advanced notice when changes in rent or other terms of the agreement will be coming into effect and give them a  chance to opt-out and terminate the rental agreement
•    Respect the privacy of the tenant and not invade that privacy unless necessary in order  to ensure the safety of the facility or to make repairs
•    Required by law not to discriminate against who can and cannot rent the unit based on creed, color, religion, disability, or sexual orientation
•    Be approachable and available to tenants so that problems can be discussed, questions can be asked, and communication can be kept on going
•    Remember that the tenant has rights and protections under the laws, just as they do, and that they cannot infringe on or ignore those basic rights and freedoms

With this basic understanding of how the relationship between landlord and tenant is structured, we can begin to explore the finer details of licensing requirements, deposit regulations, and other details of the landlord-tenant relationship. For the real estate agent who works with landlords and tenants, as well as those who work with buyers and sellers, there are special requirements that must be met in order to be licensed to work in real estate. For the best rental property management Denver and other major cities are governed by laws and regulations that can be updated and changed regularly so all involved parties need to be aware of updates or changes to make sure they are complying with all laws.
 

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