Florida State – Rights and Duties of Landlords
If you rent a house, apartment, condominium or mobile home to another person, you enter into a legal contract known as a rental agreement. This rental agreement need not be in writing. If the rental agreement is in writing, it is a “lease.” This agreement has certain basic conditions specified by law, and you should…
Read articleFlorida State – Rights and Duties of Tenants
When a person pays rent to live in a house, apartment, condominium or mobile home, the renter becomes a tenant governed by Florida law. It doesn’t matter whether payment is made weekly, monthly or at other regular periods. Also, it doesn’t matter whether the apartment, house, condominium or mobile home is rented from a private…
Read articleTurning over a rental property between tenants
Turning over a rental property between tenants involves a variety of tasks to ensure the property is clean, well-maintained, and ready for new tenants. Here are some key resources and steps to consider: 1. Cleaning Services 2. Maintenance and Repairs 3. Painting and Flooring 4. Inspect and Replace 5. Landscaping 6. Marketing the Property 7.…
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How to calculate Rent-to-Income Ratio
The Rent-to-Income Ratio is a simple calculation that helps determine what portion of your income is spent on rent. This ratio is often used by landlords to assess whether a prospective tenant can afford the rent. Here’s how you can calculate it: Example Calculation Let’s say your monthly rent is $1,200 and your gross monthly…
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Partner with us and Take the hassle out of managing your rental
Managing a rental property can be quite a task, but with the right partner, it can be much easier. Here are some tips on how we can help you in the process: 1. Partner Majestic Management Inc When you partner with Majestic Management, Inc you notice a meaningful, positive change. You will receive full support…
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