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 📢 90-Day Rent Increase Notification: The regulations protect both tenants and landlords. One key aspect is the requirement for landlords to provide a 90-day notice before implementing any rent increase. 🔹 Why is this Important? This regulation, enforced by the Real Estate Regulatory Agency (RERA), ensures transparency and fairness in rental agreements. It gives tenants ample time to adjust to new financial commitments or to make alternative arrangements if necessary. 🔹 Benefits for Tenants: 1- Financial Planning: Adequate notice allows tenants to budget accordingly. 2- Open Communication: Encourages dialogue between tenants and landlords, fostering a healthy relationship. 3- Legal Protection: Ensures compliance with local laws, safeguarding tenant rights. 🔹 Benefits for Landlords: 1- Transparency: Builds trust and maintains a positive reputation. 2- Tenant Retention: Clear communication can lead to higher tenant satisfaction and retention. 3- Legal Compliance: Avoids potential legal disputes and penalties. For any questions or guidance on rental regulations, feel free to reach out. #DubaiRealEstate #RentIncrease #TenantRights #PropertyManagement #RERA #RealEstateRegulations #DubaiLiving

It may not sound common - but a commercial landlord owing a tenant money happens more often than you might think. Our latest blog covers what your rights are as a tenant - and what we're doing to create a better solution. https://lnkd.in/g4JsxHku

#Algorithmic #pricefixing doesn't seem to be on the radar for #Canada at all, sadly. "#RealPage’s software, including its #YieldStar product, is used by landlords to estimate supply and demand for their listings, allowing them to maximize rents. The Richardson, Texas-based company employs statistical models and nonpublic data, much of it submitted by its property management clients, to make its estimates. The Justice Department is concerned that RealPage’s #software is used as a shield for competitors to exchange sensitive pricing data that their rivals would otherwise not be able to access." #housing #crisis #housing #ontario #canada #boc #ratecuts #faircompetition #fairtrade #competition

Fairer private renting 🤝🏡 The Renters (Reform) Bill is one of the most significant pieces of legislation for private renters and landlords in the past 30 years. At the end of April, it went through its third reading in the House of Commons. The government has said it will delay the ban on Section 21 evictions to relieve pressures on court time. However there are also many other significant proposals that affect tenants, letting agents, and landlords. The bill also incorporates the transition to rolling tenancies, introduces new guidelines allowing tenants to have pets, establishes England's first landlord ombudsman, and introduces a new property portal. The Conservative Party has committed to passing the bill into law before the date of the next General Election, which is widely anticipated to take place in the Autumn of 2024. Source: #Dataloft by PriceHubble, Goodlord. April 2024 #rentersreformbill #lettingagent #rentalmarket #marketinsights

Tenants FAQ: Your Common Questions Answered! 🔍 Ever found yourself pondering questions like these 👇🏼 🤔 How can I ensure the return of my deposit? 🤔What are my rights regarding landlord entry? 🤔 Can I personalize and make changes to the property? As seasoned property experts, we've fielded these inquiries and many more MULTIPLE times! 🧐 If you've got any other questions or need guidance, our team is just a message away. Your peace of mind is our top priority! 🌐 Call us on 028 9022 8409 Email us at belfast@belvoir.co.uk #TenantsFAQ #PropertyExperts #RealEstateExperts #RentalMarket #RealEstateInsights #UKProperty #PropertyMarket #BelvoirBelfast #Propertyispersonal

Rent increases are a delicate balance for landlords, especially in regions with rent control laws. Understanding the legal requirements and restrictions surrounding rent adjustments is essential to avoid disputes and maintain compliance with the law.   Improper implementation of rent increases, despite intending to adjust rents in line with market rates, if not in adherence to rent control laws can result in tenant complaints and potential legal action. If you're considering adjusting rents or have questions about rent control laws in your area, book a tenancy consultation with our team at this link [https://lnkd.in/g93D43qS] to provide guidance and support. #RentControl #LegalCompliance #LandlordAdvice #TenantRights

A landlord’s stark warning to tenants on legislation impact: https://lnkd.in/euiS3W7a 📍 Find Us @WestcleanUK: https://lnkd.in/erfNMvHu #cleaningservices #facilitiesmanagement #propertymanager #commercialcleaning #property #housingmarket #professionalcleaning

Leading #propertytax expert has backed banning #section21 to tackle the small number of exploitative #landlords who are responsible for a significant problem, especially in London. David Hannah believes that so long as the abolition of no fault evictions is accompanied by improvements to the system the #rentalmarket can work for everyone. LandlordZONE looks at the findings of the research. #lettingagents #propertymanagers #propertymanagement #tenants https://lnkd.in/en6wvssP

🏡It’s perfectly possible to sell a property while it’s being rented to tenants, but is it a good idea? 💷 For landlords who want to sell, whether or not to give the tenants notice can be a big decision. 💬 In our latest article, we look at the pros and cons: https: //cutt.ly/BedVwO2X #conveyancing #propertylaw #landlords #propertysales

"The U.S. Department of Justice is gearing up to challenge what it says is collusive conduct in the #rental #housing market with a lawsuit against a software company that it believes allows large landlords to fix prices. The DOJ is planning to sue RealPage, Inc., a software company used by landlords across the country... DOJ staff recently recommended a civil lawsuit against RealPage that would accuse the company of selling software that enables landlords to illegally share confidential pricing information in order to collude on setting rents... Also on the table for a complaint is the landlords’ ability to use the software to match vacancy rates, essentially restricting supply, at competing buildings in the same rental market... The DOJ has also prioritized so-called #algorithmic price-fixing..." #antitrust #competition #compliance