Author Archives: Coldwell Banker Bain Property Management

About Coldwell Banker Bain Property Management

As residential property managers for Coldwell Banker Bain Property Management Division, we manage single family residences, individual condominium units and small apartment complexes in the greater Puget Sound region. We serve Seattle, Tacoma, Anacortes, Marysville, Bainbridge Island, Lynnwood, Everett, Redmond, Bellevue and many other cities in Washington State. We also offer full service commercial property management.

BUILD THEM – THEY WILL COME!

The Dupre and Scott’s March survey of 20+ unit apartments reports that almost 9,500 new apartments were opened in 2016. 12,700 are expected this year in King, Pierce and Snohomish Counties and 62,000 more are planned between 2017 and 2020. … Continue reading

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Squatters in Washington State

The Washington State legislature has passed a law to help property owners remove squatters. A new law passed in May 2017, which goes into effect 90 days after passage, allows property owners to have squatters removed by law enforcement without … Continue reading

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WHO’s RIGHT – WHO’s WRONG???

The majority of landlord-tenant disputes are arguments over the landlord withholding part or all of the tenant’s damage/security deposit.  Typically, disagreements arise when landlords and tenants disagree about whether the tenant is responsible for repairs or cleaning and/or whether tenants … Continue reading

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SEATTLE, WASHINGTON

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TERMINATE A LEASE?

A lease or rental agreement may be terminated by the landlord before the end of the agreement only for specified reasons, including the tenant not paying rent, seriously damaging the property (waste), seriously interfering with the rights of other tenants … Continue reading

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NON-RESIDENT ALIEN INVESTORS

FIRPTA typically requires that taxes be withheld monthly on gross rental income for non-resident aliens. Passive rental income for foreign investors is subject to a flat 30% withholding tax. The withholding requirement is on gross rather than net income and the responsibility … Continue reading

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KIDS!! YEA or NAY?

You cannot deny tenancy to applicants just because they have children, even if you think the rental property is unsafe for children. Families are a protected class, so even if the property is such that owner thinks s/he could be … Continue reading

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CONTRACTOR REFERRALS

  Referring a contractor who is not licensed, bonded and insured increases your liability and puts your clients at risk.  The person hiring someone who is not licensed, bonded and insured becomes potentially responsible for damage caused by unlicensed workers as … Continue reading

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Assignment & Subletting – Commercial Leasing

Most commercial leases prohibit a tenant from assigning or subleasing the leased premises to another party without first obtaining the landlord’s consent. Continue reading

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2016 Coldwell Banker Award Winners

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