All There Is To Know About Arlington Property Management
If all property managers in Fort Worth had to do was collect rent and handle maintenance, we would probably be bored, to be honest. Instead, we are daily challenged and sometimes even entertained by the complexities of this business and how little others seem to understand them. Property management is a specialized area of real estate with a unique set of landlord liabilities.
Beyond the requirement to use contractors that are properly licensed and insured, landlords or their representative property managers in Fort Worth are also responsible for ensuring anyone who works on the property is trained on Texas Property Code as well as City Code Compliance. Other areas of legal consideration including:
- Federal Housing Laws: The Fair Housing Act, which prohibits discrimination based on many factors, including race, religion, national origin, familial status, disability, and sex.
- Marketing Homes for Lease: Advertisements should describe the property’s amenities and features, rather than characteristics of the preferred tenant. This avoids giving prospective tenants the impression that you prefer, or will not permit, a certain type of person.
- Tenant Screening: Avoid even the impression of Arlington property management discrimination. Have written, objective policies: This makes it easy for everyone to understand why you did or did not choose someone as a tenant. You may need to explain your decisions in court, and having documents showing that you treat every potential tenant the same way is helpful.
Managing rentals requires a Landlord, or his/her professional Arlington property management to be an expert in these and at least a dozen more areas. You won’t get anywhere pleading ignorance in the courts. Partner with Specialized to protect yourself, your property, and your profits from legal entanglements. We’ll keep you free of them in the first place because we truly do know all there is to know about property management in our local area.