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Did you know... MEMORIAL DAY
Did you know... WASHINGTON STATE LANDLORD/TENANT LAW TO CHANGE The Washington legislature made significant changes to the Residential Landlord Tenant Act.  The changes in Senate Bill 5600 go into effect on July 27, 2019 and include: ~A 60-day notice to increase rent will be required unless the rent amount is based on income.  Outside of Seattle and Tacoma, currently a 30-day notice is required […]
Did you know... AFFORDABLE SQUARE FOOTAGE “Rent Café” recently did a survey to find out the maximum square footage that can be afforded in various cities, if no more than 30% of the median monthly income was spent on rent. In Manhattan, Brooklyn, and Boston, this would result in less than 300 square feet of space. In San Francisco, 407 square […]
Did you know... TENANT NOT FOLLOWING THE LEASE RULES? If a tenant is not complying with a term of the lease, the tenant can be served with a 10-Day Notice to Comply.  This notice is given to a tenant who is violating a term of the lease, such has having an unauthorized pet on the property. A specific clause of the lease must be […]
Did you know... DOMESTIC VIOLENCE & A RESIDENTIAL LEASE A victim of domestic violence, sexual assault or stalking may terminate a rental agreement without penalty if specific steps are taken.  Any prepaid rent must be refunded, and the deposit must be accounted for as if the entire term of the lease was fulfilled.  Additionally, the landlord may be required to remove a tenant from […]
Did you know... INVESTMENT PROPERTY ADVANTAGES There are tax advantages to owning an investment property.  These may include the following tax deductions: Mortgage interest, Interest on credit cards used to make purchases for the property, Insurance, Maintenance repairs, Travel expenses, Legal and professional fees, and Property taxes. In addition, the purchase price may be depreciated based on a set depreciation schedule, even […]
Did you know... WASHINGTON STATE – LEASE TERMS At the end of a lease for a specific term, unless the lease is terminated, if the tenant stays in possession and the landlord accepts rent, the lease automatically becomes a month-to-month agreement.  All other terms of the initial lease remain in effect, even if no extension is put in writing. Any changes to the […]
Did you know... FAIR HOUSING APPLIES – LANDLORDS TAKE NOTE!!! New fair housing court decision
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Did you know... TACOMA WASHINGTON – NEW RENTAL LAWS Tacoma’s new rental housing code includes a requirement that landlords provide information about tenant rights to current and future tenants.  When a tenant applies for a rental, they can be given the information via link, www.cityoftacoma.org/rentalhousingcode.      When a tenant is given a lease to sign, they must receive a hardcopy of the information and the […]
Did you know... FAIR HOUSING COMPLAINTS HUD tracks the number and type of Fair Housing complaints filed.  In 2017 there were 8,186 complaints filed based on federal protected classes and alleging retaliation.  The largest percentage were claims of discrimination based on disability.  These include cases regarding requests for service animals and accommodation requests. Protected Class # of Complaints  % of Complaints […]
Did you know... THE GROWTH OF RENTAL PROPERTIES Nationally, single-family rentals (detached homes or townhomes) are developing faster than any other portion of the housing market.  These rentals outpace both single-family home purchases and apartment rentals.  Locally, nearly half of all Seattleites are renters. Between 2006 and 2016, according to census data analysis by Rentcafé, renter share in Seattle increased by 13.6 percent, while […]
Did you know... FROZEN WATER PIPES? Frozen pipes can occur even in occupied properties.  Here are some tips for prevention: Locate the main water shut off before a broken pipe occurs.  Disconnect all hoses; if the water freezes in the hose, it can break the spigot.  Most new spigots have a shut off valve inside the house or garage; shut off […]
Did you know... WASHINGTON STATE CONSIDERS MORE RENTAL REGULATIONS Senate Bill 5600 would include some significant changes to Residential Landlord Tenant Act.  The potential changes would: Change the pay rent or vacate notice from 3 days to 14. Remove the option of a set term lease that expires at the end of term; a notice to vacate would always be required.  Require a 60-day […]
Did you know... RISING RENTS The average rent across King and Snohomish counties dipped 2.9 percent in December compared with the prior quarter, according to a new quarterly landlord survey by Apartment Insights/RealData. Rents across the region had soared 48 percent over the previous five years. The Seattle area led the nation in rent hikes in 2016 and early 2017, according to […]
Did you know... Discriminatory Language in Deeds Starting in the 1920s, many neighborhood covenants throughout the region allowed only white people to rent or own property. Fair housing laws made these covenants unenforceable in the 1960s, but a new state law allows owners to strike the them from property deeds.  As of January 1, a new law allows owners to file a […]
Did you know... HAPPY HOLIDAYS
Did you know... “MERRY CHRISTMAS” OR “HAPPY HOLIDAYS” ??? Landlords and HOA boards must consider Fair Housing laws when considering what, if any, holiday displays they will permit in their communities.  A U.S. district court recently awarded a family $75,000 when the homeowner’s association prohibited a charitable event that would include decorating the home with approximately 200,000 lights, a live nativity with a camel, […]
Did you know... TACOMA – NEW RENTAL LAW – 2019 The City of Tacoma has passed an ordinance regarding rentals. The new “Rental Housing Code” goes into effect February 1, 2019.  The code:  Increases the number of days a landlord must give a tenant before terminating a tenancy; Requires a 60-day notice before raising rent; Depending on the length of the lease, allows tenants to […]
Did you know... HOARDING Hoarding is officially recognized by the American Psychiatric Association as a mental disorder.  The Federal Fair Housing Act says that equal housing must be given to persons who are a member of a protected class, such as for those with a disability.  This, in turn, means that landlords must make,“reasonable accommodations” for a hoarder.  Landlords […]
Did you know... HAPPY THANKSGIVING!

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