10 Landlord Responsibilities You May Have Overlooked

If you own real estate and decide to lease it out to someone else, then congratulations: you are now a landlord in the eyes of the law. Whether you lease out a single family home or apartments in a multiplex building, there are many landlord responsibilities that come with the territory.

Some duties seem clear, like collecting rent or finding tenants for a vacant unit. Others, however, may be less obvious. The more you learn, the more success you will have with your real estate investments. Let’s examine 10 landlord responsibilities you may have overlooked.

1. Knowing the Landlord-Tenant Laws for Your Jurisdiction...

2. Preparing a Legal Lease Document...

3. The Duty to Deliver Possession...

4. Implied Warranty of Habitability...

5. Respect the Tenant’s Right to Quiet Enjoyment...

6. Completing Repairs in a Reasonable Time Frame...

7. Providing Safety Measures...

8. Reporting Crime...

9. On-Site Property Management...

10. Responsible for Property Manager’s Acts...

   ...more

RSK: A bit dated but still meaningful...