Monday, March 28, 2011

Just leased a spectacular 4bd/3bth for rent in Inglewood for $2,350 to an extremely well qualified tenant with a great FICO credit score!

Thursday, March 3, 2011

From Old to New: Highlighting the Importance of a Strong Lease Agreement

JRealty recently took over managing four spectacular properties on the Palos Verdes Peninsula. The transition process from the old previous management company to JRealty has highlighted one of the more common problems with “old-school” management companies.

The most important document for the landlords is the lease agreement as it dictates all the terms of the contract between the landlord and tenant. JRealty uses California Association of Realtor forms, the highest standard and most legally enforceable contracts available. Many owners and property management companies use “home-made forms.” These forms do not give the security or protection that C.A.R. form does; additionally they often include vague or unenforceable terms.

It is also important that the landlord has a copy of the lease agreement for their records. The previous property management copy either lost or never had the lease agreements signed. Without a signed lease agreement, the owner is now in a tough position legally. JRealty keeps all lease agreements in a secure online database so no lease agreement will be lost permanently.

JRealty consistently strives to give landlords piece of mind with their property and that starts by using the highest industry in leasing forms.