Duration - 60 minutes | Speaker - Doug Chasick
As property occupancy challenges become increasingly prevalent, it is imperative for property stakeholders to understand their rights, responsibilities, and legal options when faced with squatters. This webinar will provide a deep dive into the legal framework surrounding squatter rights, eviction procedures, and property protections.
You’ll gain insights into identifying early warning signs of potential squatter activity, implementing proactive measures to prevent squatting, and effectively managing squatter incidents if they arise. You’ll learn about the various tactics squatters may employ, as well as best practices for swiftly and legally regaining control of their properties.
In this session, industry expert Doug Chasick, CPM®, CAPS, CAS, SLE will offer valuable guidance on navigating the often complex and emotionally charged process of dealing with squatters. From understanding the nuances of adverse possession laws to leveraging eviction procedures effectively, you’ll will leave with a clearer understanding of your rights and obligations under both landlord/tenant and fair housing law.
Doug’ll provide you with knowledge and tools needed to confidently navigate squatter situations and protect your property interests. Join us for this important session and safeguard your property against the challenges increasingly posed by squatters.
Duration - 60 minutes | Speaker - Paul Flogstad
When a tenant vacates a rental property, it's common to find some degree of wear and tear. While landlords can deduct the cost of repairs for damages beyond normal wear and tear from the security deposit, they cannot withhold funds for typical deterioration of the property due to time and use. Defining normal wear and tear can be challenging, as it encompasses the natural decline in a property's condition over time. This deterioration is inevitable, even with careful tenants, and should not be deducted from the security deposit.
To prepare for these costs, landlords should budget for minor repairs, maintenance, and cleaning between tenants. Unlike normal wear and tear, tenant damage results from neglect, abuse, misuse, accidents, or unauthorized alterations. Landlords can hold tenants responsible for such damages, including those caused by guests. It's crucial for landlords to understand the difference between normal wear and tear and tenant damage to handle security deposits and property maintenance correctly.
Discovering new damage in your rental property can be unsettling. This session aims to provide clarity on differentiating between normal wear and tear and tenant damage. If you're struggling to classify a broken or worn item, consider whether it could result from continuous use or if it was due to neglect, abuse, or misuse. Additionally, accidents can occur, so it's important to recognize that tenant damage is not always intentional.
Doug Chasick, CPM®, CAPS, CAS, ADV. RAM, CLP, SLE, CDEI Doug Chasick, “That Fair Housing Guy”, and former President of The Fair Housing Institute, has more than 46 years of investment real estate experience, and has been the President or CEO of five real estate companies, responsible for portfolios of over 28,000 apartments, and more than 8 million square feet of commercial, retail and industrial properties. Doug was awarded his Certified Property Manager designation in 1979 and was a member of the Institute of Real Estate Management National Faculty for eight years. He is a Senior Instructor member of the National Apartment Association Education Institute Faculty and…
Read MorePaul has been involved in the real estate industry for the past 38 years. He has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training. Through his consulting company, Property Management Solutions, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies. He specializes in fair housing issues and has developed fair housing and outreach programs for governmental agencies as well as conducting seminars which are presented to property management companies,…
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