Category Archives: Did you know…

MERRY CHRISTMAS – HAPPY HANUKKAH

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OREGON LAW – TENANT PROTECTION

A new Portland housing policy went into effect in October 2017.  The law requires landlords to pay tenant a relocation fee if tenants are evicted without cause or if they must move due to a rent increase of more than … Continue reading

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THE GROWING RENTAL MARKET

Single-family rentals – either detached homes or townhomes – are developing faster than any other portion of the housing market. Single-family rental homes and townhomes make up 35% of the country’s 44 million rental units, compared with 31% in 2006. … Continue reading

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HAPPY THANKSGIVING

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IT’S COLD OUTSIDE!

Now is a good time to prepare tenants and rental properties for cold weather! Service HVAC systems.  Service techs should also make sure that tenants know how to change furnace filters. Winterize sprinkler systems. Put spigot covers on all outside … Continue reading

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SHORT SALES & RENTAL APPROVAL

It’s not the short sale in and of itself that’s going to hurt a rental applicant, it’s the credit that’s, “shot to hell.”  We are required to have established criteria by which any potential tenant will be judged.  If tenants … Continue reading

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Real Estate Agents & Property Management

Did you know that although property managers are also real estate brokers, a good property manager needs different skills than successful sales brokers?  In an article about sales brokers and property managers*, the author says that sales brokers: “count on … Continue reading

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PRE-CLOSING RENTAL AGREEMENTS

Pre-closing lease/rental agreements are specifically excluded from the Washington State Landlord/Tenant Act.* Even if you have a lease agreement in addition to the purchase and sale agreement, if you proceed under normal eviction statutes the court may rule that you … Continue reading

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TENANT SCREENING

When an applicant’s credit is pulled, we do not review a copy of the applicant’s credit score.  Any applicant who is denied or who is required to pay additional move in costs (higher deposit or last month’s rent) or who … Continue reading

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TENANT RESPONSIBILITIES – Washington State

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