Options During the COVID Era
Our tenant has not paid rent since March, claiming COVID-19 hardships. We believe he is still working. What are our options? The COVID-19 crisis has forced us as an industry to instantly reevaluate how
Be Careful When Offering Lease Incentives in a Post COVID-19 Down Market
The law is very clear on this subject and has recently been circulated by the Rent Board in light of the COVID-19 crisis: A landlord who grants a rent reduction due to market conditions
Temporary Rent Reduction Agreements
Before the COVID-19 crisis changed our world, owners were usually not asked to temporarily reduce or forbear a tenant’s rent. That reality has now changed, as unemployment numbers are off the charts and incomes
A Tenant May Have More than One Residence
If a rent controlled unit is not the master tenant’s primary address, can the rent be raised to market rate? Not necessarily. For the past 25 years we have written about the benefits of
On-Site Manager Rule
Am I required to have an on-site manager for my 16-unit building? There is a resident who takes care of the building’s maintenance for me in exchange for discounted rent. Is this good enough?
Subtenants and Security Deposits
The last master tenant moved out of my unit and is asking me to return the security deposit. I know I have 21 days to return it, but I just sent a market-rate rent