Rent escrow laws are extremely important for landlords to understand. Massachusetts laws are very specific about the handling of escrowed funds and the penalties for failing to do so. Some of these laws may be changing based on bills currently up for review during the 2019-2020 legislative session. … [Read more...]
Importance of Requiring Renters Insurance for Tenants in Massachusetts
In the terms of leases offered to tenants, do you require that they purchase their own renters insurance policy? If not, you should! Below is a look at the importance of requiring renters insurance for tenants in Massachusetts. Reduces Landlord Liability There are many different types of incidents … [Read more...]
3 Important Landlord To-Do’s for New Tenants
When accepting a new tenant to one of your properties, there are certain things that you should and must do to protect your rights as a landlord in Massachusetts. Failing to do these can jeopardize your rights to evict or result in hefty court fines. Here are 3 important landlord to-do's for new … [Read more...]
Before Converting a Massachusetts Property to Short-term Rentals
Short-term rentals through websites such as Airbnb and HomeAway are becoming very popular in Massachusetts. Many property owners find it appealing given the potentially high rental income, especially in areas close to or within Boston. Before converting a Massachusetts property to short-term … [Read more...]
5 Questions to Ask Before Buying a Condo Conversion in Massachusetts
Condo conversions are very popular in Massachusetts. They can be a great alternative for those who prefer condo living but want to avoid large apartment-like complexes. However, it is important to perform a little extra due diligence when it comes to these properties. Here are several questions to … [Read more...]
