Being an Inverness property owner, you must understand the laws that govern rental homes in your district. Landlord-tenant law explains the rights and obligations that both landlords and tenants have relative to a rental property. Even supposing that multiple aspects of landlord/tenant law vary from state to state, there certainly are other parts of the law that all property owners – and tenants – would do well to remember.
Landlord/tenant law generally hinges on the strength of your lease agreement. Lease agreements are binding contracts that very clearly should outline the relationship between the landlord and their tenant. A good lease agreement should have detailed information about the responsibilities of both parties as well as language that protects their rights.
However, every lease agreement must also follow state and federal tenant/landlord law. In some cases, Inverness property owners might include sections of a lease agreement that violate those laws. For illustration, discriminating against a tenant based on gender, religion, race, or disability is illegal. Such discrimination violates the Federal Fair Housing Act, which protects individuals in certain classes from being denied housing.
Other really important laws to take into consideration include those that regulate security deposits. Conceding that the majority of landlords require tenants to pay a security deposit before moving in, the amount of such deposits may be limited under your state law. Landlord/tenant laws as well dictate how security deposits are to be returned, along with how soon the refund must be issued after a tenant moves out.
As an instance, the law states that all security deposits must be returned to a tenant when they move out, minus any documented deductions for repairs or cleaning costs. Deposits can be a complex area, for the reason that while some deductions are allowed, on the other hand, it is illegal for a landlord to deduct the cost of regular maintenance or normal wear and tear.
In numerous states, landlords have a maximum of 30 days to return a tenant’s security deposit. Exceeding this timeframe could have serious consequences for all landlords, that is why it’s necessary to observe any time limits included in your state or local laws.
Tenant/landlord law also commonly includes protections for both tenant rights and landlord rights. At least, most state laws state that tenants have the right to quiet enjoyment, a livable condition, and a certain level of privacy. The opposite side of these rights is that landlords have responsibilities to ascertain that their property maintenance and oversight do not violate these rights.
Unquestionably, the law also ensures that landlords can protect their rights. State laws often protect a landlord’s right to require a monthly rental payment as well as other payments as specified in the lease (utility bills, for instance). The law also protects a landlord’s ability to evict tenants for nonpayment or other legal causes. However, often a very specific process must be followed to ensure that a tenant’s rights are not violated during an eviction.
Simply by remembering key aspects of landlord/tenant law, you can guarantee that your rental properties and policies are in compliance. Operating within the law can help you avoid expensive and unnecessary lawsuits and continue to keep your rental properties profitable for many years to come.
At Real Property Management Diversified, our team of expert Inverness property managers is here to handle the legal requirements for you. Our staff is trained and well versed in landlord/tenant law, equal housing, fair housing, and more. To inquire about and discuss our property management plans, contact us online or call us at 352-854-2221.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.