Читать книгу Property Management Kit For Dummies - Robert S. Griswold - Страница 70

Rental property owners in many areas are now required to have business licenses or permits or to register their rental units with some government agency, such as a rent-control board. Contact the appropriate government entity in writing, notifying it of the change in ownership and/or billing address.

These government entities often impose stiff penalties if you fail to indicate the change in ownership in a timely manner. They may even retroactively force you to refund already-collected rent to your tenants, plus significant penalties and interest. They inevitably find out about the change; tenants will contact them, and they monitor the local recording of deeds and receive notification of changes in billing responsibility from local utility companies.

Make sure that you have copies of all current state and local rental laws and ordinances that affect your rental property. Check out www.wiley.com/go/propertymanagementkitfd4e.