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Did you know... COVID-19 AND RENTAL DEMAND Although rental demand is usually highest during the summer months, COVID-19 and its repercussions have changed the trend this season. According to a Zumper report this month, all of the top 10 priciest cities (Seattle is #8) either had flat or declining rents. Many tenants are electing to renew leases rather than moving.  This is […]
Did you know... MORE CHANGES TO TO LANDLORD/TENANT LAWS Effective June 11th 2020, two bills changed the Washington Landlord Tenant Act. ~HB 1694 allows tenants to pay move in funds in installments: ~A landlord must first apply any payment made by a tenant toward rent, before applying any payment toward late fees, damages, legal costs, or other fees, including attorneys’ fees. ~If the tenant […]
Did you know... THE STATE OF WASHINGTON STATE The governor extended the eviction moratorium to August 1st.  This is the second extension and includes the same prohibitions, with one change.  These terms are the same as the previous proclamation: Rent cannot be increased, Late fees cannot be charged,  A “reasonable” payment plan must be offered if tenants are having trouble paying rent, and […]
Did you know... MEMORIAL DAY – NEVER FORGET
Did you know... SELLING IN THE AGE OF COVID-19 – WASHINGTON STATE There are additional considerations when listing a property for sale with a tenant in place during the coronavirus pandemic.  While the Landlord Tenant Act says the landlord may show the property to a potential buyer or tenant with a 24-hour notice, the tenant has the “reasonable” right to say no to a proposed showing of […]
Did you know... COVID-19 AND RENT PAYMENTS Landlords and property managers must be very cautious about how they approach tenants with unpaid rent.  The governor’s proclamation of April 16, 2020, prohibits treating unpaid rent as an enforceable debt or obligation, “where the non-payment of rent was a result of the COVID-19 outbreak and occurred on or after February 29, 2020.” This includes billing […]
Did you know... RENTED PROPERTIES – APRIL 1ST – APRIL 20TH The number of rented properties is down more than 50%, but average price is up.
Did you know... MORE RENTAL REGULATION – AN UPDATE Governor Inslee extended and expanded the ban on evictions. The new order is extended through June 4, 2020 and includes a freeze on rents. Additional measures in the proclamation include: Landlords may not serve 14-day pay or vacate notices or 10-day notices for violations of lease terms. Rent increases are banned in all residential properties.  […]
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Did you know... COVID-19 & RENT PAYMENTS Due to layoffs related to the coronavirus outbreak, almost one third of all residential tenants did not pay rent during the first week of April!  The National Multifamily Housing Council says 31% of renters didn’t make their payment in the first week of April.  However, a NAR flash survey reported that one-third of residential property managers cited […]
Did you know... WE ARE IN THIS TOGETHER!
Did you know... THE NEW NORMAL – THE VIRUS Despite social distancing, we are still here to help you. We’re all in this together!  Stay healthy. Follow all CDC guidelines including, but not limited to the following: Wash your hands with soap for at least 20 seconds! Many times during the day! DON’T touch your face! Stay at home! If you must go out, […]
Did you know... EVICTIONS AND THE VIRUS Due to the coronavirus pandemic, evictions are currently banned state wide. Besides Seattle banning evictions for 60 days, the King County Sheriff’s office has suspended service of eviction orders until further notice in order to protect their officers and redirect resources. At the state level, on March 18, 2020, Governor Inslee announced a 30-day ban […]
Did you know... CORONAVIRUS AND RENTAL PROPERTIES There are many new issues for rental properties when it comes to the coronavirus.  Per the Landlord Tenant Act, tenants have the “reasonable” right to say no to a proposed appointment to view the property, either for an inspection or to show the property to a potential buyer or tenant.  Whether it is reasonable for […]
Did you know... BED BUGS Bed bugs are becoming an increasing problem in rentals.  Under state law landlords are obligated to manage infestations in rental units, except in single family residences or when the infestation is caused by the tenant.  In order to hold the tenants responsible, the owner would have to be able to demonstrate that the infestation was […]
Did you know... RENTING IN SEATTLE? Half of Seattle residents lived in rentals in 2018. Seattle had its highest percentage of home ownership in the 1960s when two thirds of all residents lived in owner-occupied residences.  Per census data, since then the percentage of renters has been steadily increasing.  Between 2013 and 2018, the number of renters increased by 16%.  This […]
Did you know... ASSISTANCE ANIMALS (back in the news) HUD has issued guidance regarding assistance animals in rental properties*  Highlights of the guidance includes the definition of a service animal as a DOG that is trained to do work or perform tasks for someone with a disability.  An assistance animal, including an emotional support animal, is a domesticated animal that is traditionally kept in […]
Did you know... 365 DAYS A YEAR!
Did you know... SHORT TERM RENTALS? BEWARE! Clients considering purchasing an investment property to be used as a short-term or vacation style rental need to be aware of laws that don’t apply to long-term rentals?  Short-term rentals are defined as those rented for less than 30 consecutive days.  These rules vary by state, county and city.  State law requires the landlord to […]
Did you know... LAWS, LAWS AND MORE LAWS! The Washington state legislature is considering more changes to the Residential Landlord Tenant Act.  Proposed changes include a requirement that the move in inspection report describe the condition and cleanliness of or existing damages to the premises, including, but not limited to: Walls, including wall paint and wallpaper; Countertops; Carpets and other flooring; Window coverings […]
Did you know... FROZEN PIPES? Frozen pipes can occur even in occupied properties. Here are some tips for prevention: 1. Locate the main water shut off before a broken pipe occurs. 2. Disconnect all hoses; if the water freezes in the hose, it can break the spigot. 3. Most new spigots have a shut off valve inside the house or […]

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