Tag Archives: Property management

Landlords, tenants, and floods

This post was written by Michael Mengden to address landlord and tenant issues brought about by Hurricane Harvey. He is president/broker of Terra Residential Services in Houston, 2011 chairman of the TAR Property Management Committee, and 2002 president of the National Association … Continue reading

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What are tenants’ and landlords’ rights for terminating a lease due to Harvey storm damage?

Paragraph 25 of TAR’s Residential Lease deals with casualty loss, which includes a loss due to weather events, such as Harvey. If the property is deemed partially or completely uninhabitable, Paragraph 25 references the Texas Property Code Section 92.054 for … Continue reading

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Important information for landlords considering raising rents in counties designated as disaster areas

With high demand for shelter in areas of Texas affected by Hurricane Harvey, some landlords are considering raising rent for intact properties. However, raising rents on current or prospective tenants may be considered price gouging, which is illegal. Section 17.46(b)(27) … Continue reading

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Who pays for repairs in a rental property?

Many tenants believe that landlords are responsible for paying the cost of all repairs, but tenants must foot the bill in some instances. Paragraph 18D(2) of the TAR Residential Lease specifies the circumstances where the tenant is responsible for the cost of … Continue reading

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Help your clients find the right tenant

Do your clients need to rent a property fast? Help them out by using TransUnion’s SmartMove, a TAR Benefits Partner. This online system provides a quick leasing recommendation on prospective tenants. There’s no fee to sign up, and you only pay as … Continue reading

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Who gets the security deposit if you don’t manage the property anymore?

As a property manager, I maintain a trust account for tenants’ security deposits. The landlord terminated our management agreement effective today, and a tenant in the property notified me that he wouldn’t be renewing his lease when it expires next … Continue reading

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