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4 October 2015 | 2 replies
., the court found that in determining unconscionability, the trial judge may consider: 1) the amount of the proposed rent increase; 2) the landlord’s expenses and profitability; 3) how the existing and proposed rent compare to rents charged at similar rental properties in the geographic area; 4) the relative bargaining position of the parties; and 5) based on the judge’s general knowledge, whether the rent increase would shock the conscience of a reasonable person.In my opinion if you're basing the increase on market conditions and not on trying to take advantage of anyone or increase the rent as a way to eliminate a tenant you'll probably be fine.
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6 October 2015 | 12 replies
should not command a 6.09 cap in any market condition.
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12 November 2018 | 13 replies
Example: The optionee makes this option due to current economic conditions with respect to the ability to obtain financing at favorable interest rates without the intent to purchase at this date.
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5 October 2015 | 14 replies
Additionally, a vacant property with no utility services, especially in winter months, can be a substantial increase in risk and the mortgagee both has the duty to protect the property and to notify the insurer of the changed conditions thereby increasing the risk of loss"
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6 October 2015 | 5 replies
I find a noticeable difference in pristine, showroom sales condition and what I call or have heard called fair "rental condition" (clean, functional, but not perfect)...Unless you get a super careful tenant, your unit will be closer to rental condition after the six month tenancy than pristine sales condition.
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22 April 2017 | 27 replies
If I can successfully file a compliant to the property Taxes and separate out the Stoves, Refrigerators, Dish Washers, Air conditioning units.
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8 October 2015 | 19 replies
What is the condition of your home vs the one you are talking about?
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7 October 2015 | 6 replies
Thanks for the feedback.I will make sure I do my due diligence and digging.The Renters are current, and the systems are in decent condition.
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8 October 2015 | 5 replies
Alex my contract simply states within the closing terms and conditions: This agreement is assignable.
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9 October 2015 | 7 replies
The only thing I've found to be a problem is if there is s lot of snow with seeing all the external details such as cement or decking condition.