in violation of the lease agreement.
If your tenant vacated your rental property properly in accordance with a conventional or LPA Lease agreement, it is likely that he left the property in acceptable condition. Meaning that it was returned to you in acceptable condition so you can then rent the property to a new tenant. It also means that the tenant has paid the rent throughout the term of the lease to the last day and is not owing the landlord any money.
Often there are charges against the security deposit, even when the tenant has done a great job complying with the Lease Agreement. You will probably minimize damage and clean-up by using the Move-out Reminder Letter and Move-out Cleanup & Debris Letter, but the tenant still may violate the lease and cause all kinds of damage.
Assuming the tenant left the premises in poor condition...
click for the full article...
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Ask the Attorney
The Landlord Protection Agency® is proud to introduce John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.
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
Dear Mr. Reno:
Gave tenant 30-day notice.... they are on their way out. Had 1 year lease which expired, but are now month to month, with all the same provisions of original lease. They have fuel oil left in the tank. Lease states that tenant is responsible for all thier utilities except trash service and water, which is paid by landlord. They want me to credit them for fuel oil.....not my responsibility, Right?
Thanks, Susan S., Mechanicville, New York
A: I can see that the fast rise of oil prices has put a new slant on yet another situation. That's the first I've heard of this demand. I guess you're "technically" right. You could say, "I don't want your oil, you can take it physically with you", and they could do so, if that's feasible.
By the way, did anyone do a reading when they moved in? You have to deduct that if you're considering buying his oil. Make him an offer. One Hundred Dollars.
Dear Mr. Reno:
We are renting a beautiful home in Miami. My husband and I are on the lease. We also talked to our landlords about putting my friends name on the lease, since she moved in with us, and they did. Now as we have it set up, my husband pays the rent to our landlords. My friend pays me $500 for her share of space and utilities and food. My friend had some financial issues the first month here and didnt pay for her rent. She now has filed for Chapter 7 bankruptcy. I want to know if she has to pay us the backrent and continue to pay us the total amount of $500. Does the discharge of debts include us? Stephanie, FL
A: You may have to evict this girl as your subtenant. You may need legal help with that if she makes it an issue. Also, the debts only discharged if you've been named as a creditor. Have you?
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Read more from John Reno, Eviction Attorney
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 Attention Landlords!
Dr. Danielle Babb, national real estate expert and author is also a fellow LPA member and author of the new Landlording Book, "The Accidental Landlord". Release date: October 6th, 2008. Pre-order your copy now!
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Invest in Real Estate
by Matthew Martinez
Real estate investing is one of many wealth-creating options that you can pursue in your quest to solidify or surpass your middle-class status, ensure your financial security, and/or create generational wealth that will help not only your immediate family but perhaps even several generations that follow.
More millionaires have made their fortunes in real estate than in any other business. In fact, the IRS reports that 71 percent of all Americans declaring $1 million or more on their income tax returns during the past 50 years were in real estate or related activities. Indeed, real estate can be extremely lucrative and has proven to be the most statistically likely way to achieve financial independence.
According to CNN/Money, the number of households with a net worth of at least $1 million (excluding primary residences) increased to an all-time record of 8.9 million in 2007. Millionaire households had an average net worth (excluding their primary residence) of nearly $2.2 million, of which more than $1.4 million was in liquid (readily accessible) assets.
More than 50 percent of the millionaires surveyed by CNN/money said that their financial success was the result of long-term wealth accumulation, and real estate remains the primary means of that wealth accumulation for many of these families...
click for the full article...
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FREE DOWNLOAD
  FREE Hurricane Preparedness Instructions and Checklist
Inform your tenants of proper emergency procedure in the event of a hurricane. This checklist helps tenants prepare for their own personal safety, evacuation and survival while also preparing the rental property for minimal damage in a hurricane emergency.
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Tenant Excuses
"I sent you the rent for July and August, but you didn't cash the check fast enough, so when I used my ATM card, I accidentally spent the money in my account." - Holy $#!#. Give me a break. Bob in Port Richey, FL
"I went to the bank and it wasn't there" - (the bank wasn't there or the money?) Come to find out, she did not even have a bank account! - Alan, Norwich, CT
"If you won't let us keep the dogs, you ain't getting no rent."- They agreed when they signed the lease that they would not have any pets without permission. Now we've discovered the property is being destroyed by their wild dogs. It looks like eviction is next. - Steve S., NY
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Quotations...
"Luck: Labor Under Correct Knowledge." Unknown - Submitted By John N.
"Fail to prepare; Prepare to fail." -Anonymous
"You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face... The danger lies in refusing to face the fear, in not daring to come to grips with it... You must make yourself succeed every time. You must do the thing you think you cannot do." - Eleanor Roosevelt
"With everything that has happened to you, you can either feel sorry for yourself or treat what has happened as a gift. Everything is either an opportunity to grow or an obstacle to keep you from growing. You get to choose." Wayne Dyer
"How much did your last tenant problem cost you?"
- John Nuzzolese
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Books by LPA Members
The Landlord Protection Agency is proud to recommend the following landlord books written by LPA Members, Dr. Dani Babb, Robert Irwin, Timothy Spangler, Tony & Sandy Midea and Dan Auito. Just click on the book for more information about it.
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