Landlord Newsletter December 1, 2010

Dear Fellow Landlord,

In this issue:

• Essential Form in the Spotlight: Property Condition Report
  
• Ask the Attorney, Real Estate Attorney, John Reno
  
• Landlord Quick Quiz
  
• Free Form Download: Eviction Information Sheet
  
• "Wealth Quotes"
  

Please e-mail us if you have any questions or would like to add or share any material / information.
John Nuzzolese
John@theLPA.com

The Condition Inspection Report may be used with or without a Security Settlement Statement, but I have had better success using both together.

This document is not only a complete condition checklist at Move -In and Move - Out, signed by the tenant at move -in, it also puts the tenant on notice that the condition has been documented, dated and acknowledged. It is very important for the landlord to establish the condition of the premises before the lease begins and after the term ends.

It will be very difficult for the tenant to argue the facts noted on this form which is signed by them!

Video and Photo reminder: Tenants are reminded that the premises may have been photographed and video taped prior to occupancy and also upon vacancy...

FREE BOOK or LPA Hat

With LPA 5 Year Membership or Renewal...

We will send you a FREE copy of Dr. Danielle Babb's landlording book, The Accidental Landlord
or
A FREE LPA Sport Cap
In Your Choice of a Blue, Black or White!

The Landlord Protection Agency® is proud to introduce John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.

John Reno also does Mortgage Loan Modifications (Nationwide).
(Mention The LPA for a 10% discount!)

If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question.
Submit a landlord / tenant question for Mr. Reno
Please try to keep your questions as short and to the point as possible.

Dear Mr. Reno:
Hello! Friend of family moved into my rental property. (Never deal with friends, because you let your guard down and do things that will lead to "situations" in the future!!) He has abondoned the property, stopped paying rent (3 months now) but all of his personal possessions are still there. What are my rights? I don't want to do anything illegal, but now I have good tenants interested in moving in and I want his stuff OUT! Can I move everything to a storage unit at my expense until he comes to claim it? Can I eventually claim his stuff if the courts award me a judgement in the future? Thanks!
C.Steele

A: You're on very shaky ground. You say "all" of his stuff is there. If that's true, he hasn't abandoned the premises. Sorry, you might still have a tenant.

1. It is illegal to rent out a house without a rental permit from the town.
   True or False
   
   
2. A lease can continue to be enforceable even after it expires.
   True or False
   
   
3. It is illegal for an owner to discriminate against bad credit.
   True or False
   
   
4. A tenant who assigns a lease to another remains liable for the rent.
   True or False
   
   
5. The maximum number of people in a house is 12.
   True or False
   
   
6. Failure to pay rent does not automatically constitute termination of the tenant's lease.
   True or False
   
   

Eviction Information Sheet

Of course, you will first notify a defaulted tenant with an Urgent Late Notice, then an Eviction Ramifications Notice (PDF Format) along with a Notice to Pay Rent or Quit.

If and when the tenant is unwilling or unable to cure the default within the period state in your notice, the next step is eviction.

How long do we wait to start eviction after the tenant does not comply with our Notice to Pay Rent or Quit? Many landlords wait and give the tenant more time in the hopes that they will raise the money. Often it is because the idea of court or paying an attorney's fee is too scarey. But ! Time is money. Your money! For each day the tenant lives without paying, you are getting deeper in the hole with no rent.

We created the Eviction Information Sheet to save you time and money by making it as easy as possible for an eviction attorney to begin an eviction with all the relevant case information immediately available.

The attorneys who we've used this with loved it and told us how it made it easier and quicker to set up evictions. Please download a free copy to add to your arsenal of landlord forms!

FREE DOWNLOAD! Eviction Information Sheet Eviction Information Sheet

"The best minds are not in government. If any were, business would hire them away." - Ronald Reagan

"I know the landlord business can be a tough job, but easy jobs don't pay well." - Lou C., LPA Member

"How much did your last tenant problem cost you?" - John@TheLPA

Quick Check Credit Reports, Inc. is proud to announce its affiliation and partnership with The LPA in helping landlords protect their interests by better screening tenants at lower costs!!

• NO sign-up or set-up fees,
  
• NO membership fees,
  
• NO compliance fees
  
• Just lower prices!

Not only is Danielle Babb one of our county's most knowledgable real estate anylists, she also shares excellent landlord information and advice in her book, "The Accidental Landlord". Plus she's a super nice person! - John Nuzzolese

FREE BONUS - FORMS DISK
comes with all 2 - 5+ year LPA Memberships
Be a more powerful landlord - able to handle just about any landlord / tenant situation in a professional way, saving you time and money.
ALL FREE with LPA Membership!


Yes, this offer also applies to LPA membership renewals!
Having all the forms all on disk is a handy time saving convenience.

LPA members: FREE!

1. Be logged in with your LPA username & password
   
2. On the "Main Menu" (top right), click on "Your Orders" (right below your name)
   
3. The beginning date of your membership will be listed to the left of your membership order # in this format: YYYYMMDD
   

LPA members have been asking me for a while now about how to set up automated rent payments with their tenants. I’d like to bring your attention to “ClearNow, the leader in electronic rent collection.” ClearNow enables you to have your rent automatically withdrawn from your tenant’s bank accounts and directly deposited into your bank account.

If you haven’t done so already, please check out …

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