Being a landlord can be a financially rewarding experience. As with any investment activity, it does come with risks. Thus, you should take steps to protect your rights and avoid common mistakes. Here are 4 important tips for new landlords in Massachusetts when it comes to leases and tenants. 1 - … [Read more...]
Factors Considered for Rent Escrows in Massachusetts
Landlord and tenant disputes in Massachusetts can result in a court battle spanning many months. Tenants often don't pay rent to the landlord during this time, pending the results of the court case. Landlords are often concerned that it will be difficult to obtain any rents due as one large lump sum … [Read more...]
Massachusetts Legislative Bills Relating to Rent Escrows
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...]
