All Forum Posts by: Anthony Hurlburt

Fees should be based on rent collected to encourage them to be vigilant in collecting rent.  Ask them to change to fees based on collected rent or get a new management company.

https://www.walmart.com/ip/Instapark-IN07A-Water-Leak-Detection-Alarm-and-Sensor-3-Pack/141415085?wmlspartner=wlpa&selectedSellerId=1075&adid=22222222227047710961&wmlspartner=wmtlabs&wl0=&wl1=g&wl2=c&wl3=97907949410&wl4=pla-257333140313&wl5=9029892&wl6=&wl7=&wl8=&wl9=pla&wl10=113137372&wl11=online&wl12=141415085&wl13=&veh=sem

I've never heard of anybody collecting more security deposit with rental rate increase.

They can remain in the unit until the lease expires provided they follow the terms of the lease.  You can offer them money to get them out of their lease, the cost depends on what you are willing to offer and what they are willing to accept.  If they pay rent to you they are not breaking their lease.  All the terms of the lease transfer to the new owner.

The new lease if signed by both parties makes any prior lease obsolete.

@Deanna McCormick I've always read it as if you do not allow up to the HUD guidelines that you may open yourself to trouble for discriminating against large families etc. Now that I read a few more things it is clear that you can limit occupancy under certain circumstances. Thanks for the information.

@Deanna McCormick when would the federal guidelines not apply? Do local requirements supersede them?

The HUD allows 2 people per bedroom plus 1. So 3 would be allowed for a 1 bedroom condo. If you don't allow that you could be opening yourself up for a lawsuit.

If it is an owner occupied building with four units or less you are exempt from the Fair Housing Act. You can legally tell them that you are not interested in setting up a showing for them.

As long as the local law allows that mixture of tenants you cannot ask for more rent due to a large family. That violates HUD as being discriminatory to families.