What Is a Trust Account and How Is Rent Held?
Introduction In the world of property management, “trust account” is a term that comes up often — and for good reason. Whether you’re a landlord, a property manager, or a tenant, understanding how rent is received, stored, and accounted for is crucial. Trust accounts are a legal and financial safeguard, ensuring that rental funds are […]
What Tenant-Screening Criteria Are Legally Allowed?
Introduction Tenant screening is one of the most important steps in the rental process—but it’s also one of the most legally sensitive. While property managers and landlords want to protect their investments and ensure qualified tenants, they must do so within the bounds of fair housing laws and privacy regulations. Using illegal or discriminatory screening […]