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 services.

MEMORIAL DAY

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WASHINGTON STATE LANDLORD/TENANT LAW TO CHANGE

The Washington legislature made significant changes to the Residential Landlord Tenant Act.  The changes in Senate Bill 5600 go into effect on July 27, 2019 and include: ~A 60-day notice to increase rent will be required unless the rent amount … Continue reading

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AFFORDABLE SQUARE FOOTAGE

“Rent Café” recently did a survey to find out the maximum square footage that can be afforded in various cities, if no more than 30% of the median monthly income was spent on rent. In Manhattan, Brooklyn, and Boston, this … Continue reading

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TENANT NOT FOLLOWING THE LEASE RULES?

If a tenant is not complying with a term of the lease, the tenant can be served with a 10-Day Notice to Comply.  This notice is given to a tenant who is violating a term of the lease, such has … Continue reading

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DOMESTIC VIOLENCE & A RESIDENTIAL LEASE

A victim of domestic violence, sexual assault or stalking may terminate a rental agreement without penalty if specific steps are taken.  Any prepaid rent must be refunded, and the deposit must be accounted for as if the entire term of … Continue reading

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INVESTMENT PROPERTY ADVANTAGES

There are tax advantages to owning an investment property.  These may include the following tax deductions: Mortgage interest, Interest on credit cards used to make purchases for the property, Insurance, Maintenance repairs, Travel expenses, Legal and professional fees, and Property … Continue reading

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WASHINGTON STATE – LEASE TERMS

At the end of a lease for a specific term, unless the lease is terminated, if the tenant stays in possession and the landlord accepts rent, the lease automatically becomes a month-to-month agreement.  All other terms of the initial lease … Continue reading

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FAIR HOUSING APPLIES – LANDLORDS TAKE NOTE!!!

New fair housing court decision Continue reading

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TACOMA WASHINGTON – NEW RENTAL LAWS

Tacoma’s new rental housing code includes a requirement that landlords provide information about tenant rights to current and future tenants.  When a tenant applies for a rental, they can be given the information via link, http://www.cityoftacoma.org/rentalhousingcode.      When a tenant is … Continue reading

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FAIR HOUSING COMPLAINTS

HUD tracks the number and type of Fair Housing complaints filed.  In 2017 there were 8,186 complaints filed based on federal protected classes and alleging retaliation.  The largest percentage were claims of discrimination based on disability.  These include cases regarding … Continue reading

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