General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
DOT housing relocation aka "uniform act"
I have somebody locally that would like to take a look at my apartments to ensure they are to code for an upcoming relocation. They will be widening and paving a new highway, and will demolish homes as a result. There is a DOT uniform act that allows them to relocate these people to certain rentals for an amount of time, paying for their living expenses. I was just hoping somebody would have some insight into this process and maybe some words of wisdom so that I can protect myself against upcoming renters that have their rent prepaid and deposit taken care of. Im hoping I can require a larger than normal deposit in case something was to happen. I would also like to know if I get to chose the tenants. These are all questions I will ask the person that will approve of my fourplex but im just trying to get some insight before hand.