An exclusive listing agreement is where a seller gives a real estate agent the exclusive right to sell their property. In an exclusive agreement, no other real estate agents can assist in selling the home; only one broker. As a …
The tenant rights for repairs is the implied right that allows a tenant to make necessary repairs and deduct the cost of the repairs from the rent under certain circumstances. Not only is it crucial for tenants to know their …
In a lease agreement, the landlord and tenant each have a share of responsibilities they must uphold. Real estate professionals should know the differences between tenant vs landlord responsibilities. It would be best to learn from rental real estate connoisseurs …
Tenant turnover refers to the portion of tenants who stay in a rental property versus the number of tenants who leave. It can also be used to describe the period between lease expiration and the arrival of a new renter …
Receivership in real estate is a court-appointed process in which a receiver manages the assets on behalf of the creditor to solve disputes. The receiver is the trustee who receives the funds or assets of the borrower that it can …
A rent roll is a spreadsheet that provides information about a property’s gross rental income and its tenants. Real estate professionals and property managers must understand the importance of a rent roll in rental housing. If you are unsure how …