Foreclosure and Eviction FAQ

December 1st, 2023 - Category: Housing and Real Estate

For homeowners or landlords who have a Mortgage Deed on their property, it is common to end up struggling with the monthly mortgage payments for many reasons. Some of the most common reasons include a tenant who stops paying rent, poor cash flow associated with the property, losing a job, suffering from an economic downturn during the pandemic, or other personal financial hardships. [...]

Know your Rights: Tenant's Rights in Residential Properties

July 20th, 2023 - Category: Housing and Real Estate

With renting continue to increase in popularity as property ownership remains out of reach for many, it is crucially important that tenants be well informed and know their rights and responsibilities as a renter. This way, they are able to handle disputes with their landlords and ensure that they receive the fair treatment that they deserve. [...]

Tenants and Subtenants Obligations under a Sublease Agreement

April 23rd, 2023 - Category: Housing and Real Estate

From finding a new job in another state to returning home to care for a sick family member to taking the big step of moving in with a new partner, many people find themselves in a situation where they need to cancel their existing lease so they can move somewhere else. Unfortunately, many landlords are reluctant to cancel existing leases, since that puts them in the position of potentially losing money while they look for a new tenant to fill the space. [...]

How a Landlord Can Evict a Tenant

April 23rd, 2023 - Category: Housing and Real Estate

Evictions can be a convoluted and complicated process as there are many misconceptions about what the landlord can and cannot do related to this process. An eviction must always start with the landlord giving the tenant an eviction notice. [...]

Top Ten Essential Elements of a Residential Lease

April 23rd, 2023 - Category: Housing and Real Estate

When it comes to a landlord/tenant relationship, one of the most important elements is the Residential Lease Agreement. A lease provides a roadmap of the tenancy, outlining in detail the rights and responsibilities of both the landlord and the tenant. [...]

How to Get your Security Deposit Back

April 23rd, 2023 - Category: Housing and Real Estate

Most tenants moving out of a rental property are interested in getting their security deposit as soon as possible, either to use the money to pay for a deposit for a new rental or to use as part of a down payment to buy a house or condo. Unfortunately, some landlords drag their feet and try to delay returning the security deposit for as long as they can get away with. [...]

Mortgage Deed vs. Deed of Trust

July 29th, 2022 - Category: Housing and Real Estate

Most people are familiar with the concept of getting a loan during the process of buying a home, using the purchased home to act as security for the loan of the money used to purchase it. However, depending on the state and the preferences of the lender, a deed of trust or a mortgage deed may be used. [...]

Renting an Apartment with Roommates

December 16th, 2020 - Category: Housing and Real Estate

Living with roommates can be a truly amazing experience. If you live in a big city like New York, or Los Angeles, or Chicago, sometimes your roommates become your family. [...]

Why a Roommate Agreement is a Good Idea

October 30th, 2020 - Category: Housing and Real Estate

A Roommate Agreement may seem like a significant formality for something that usually isn't that formal - after all, people live together all the time without having a written agreement between them. Especially for those individuals who shy away from lawyers and legal documents, a Roommate Agreement can seem not only unnecessary but also like it's a big hassle. [...]

In a Lease Agreement, who has the Duty to Maintain and Repair?

October 29th, 2020 - Category: Housing and Real Estate

If you're leasing a property and something goes wrong, who has the duty to fix it? In general, who has a duty to maintain the premises in good condition? [...]

What should you do if your Tenant is not Paying Rent?

October 29th, 2020 - Category: Housing and Real Estate

As a landlord, one situation you never want to find yourself in is chasing down your tenants for rent. Many landlords rely on their rent payments as a form of income, so when a tenant falls behind on their payments or refuses to pay, it can be a real headache. [...]