Renting out your house in New Jersey can be a profitable venture including its own set of challenges. It requires thorough preparation, knowledge of legal obligations, and effective tenant management strategies. This comprehensive guide by Lone Eagle Management aims to equip New Jersey landlords with the essential information and practical tips needed to successfully rent out their properties. Tips to Rent Your House in New Jersey 1. Understand the Market Before setting your rental price, conduct market research to understand the going rates i…
New Jersey Fair Housing Act: An Overview
The Federal Fair Housing Act (FHA) ensures equal housing opportunities for all residents, regardless of race, religion, national origin, sex, disability, or familial status. As a landlord, it is crucial for you to ensure compliance with the Landlord-Tenant Laws and the Fair Housing Laws. The FHA is a federal law enacted in 1968 with the primary purpose of preventing housing discrimination. This law prohibits discriminatory practices in various aspects of housing, including renting, selling, financing, and advertising residential properties. Wh…
What to Do With a Tenant’s Possessions After Eviction?
As a landlord, managing tenant possessions after an eviction is a crucial and often challenging aspect of property management. Understanding the legal procedures, ethical considerations, and practical steps involved in handling abandoned belongings is essential to navigate this process effectively. In this comprehensive guide, we will explore the reasons tenants may leave belongings behind, the legal procedures governing possession management in New Jersey, and how landlords can protect their future interests while dealing with abandoned prope…
A Guide to the Eviction Process in New Jersey
No landlord wants to deal with the eviction process. After all, evictions mean a loss of your stable rental income and will have additional expenses, such as legal fees and court costs. Additionally, filing court documents, attending hearings, and coordinating the removal of tenants, on top of working to find new tenants, can put a lot of stress on you. There are many things a landlord can do to reduce the likelihood of evictions, including screening tenants and writing a solid lease or rental agreement. However, even with those measures, evic…
Breaking a Lease in Florham Park, New Jersey- Know the Laws
Are you a landlord in New Jersey grappling with the nuances of lease agreements? Navigating the complexities of tenancy laws, especially when tenants need to break their leases, can be challenging. In this insightful guide, we'll explore the ins and outs of lease termination in New Jersey, from understanding justified and unjustified reasons to managing such situations with legal finesse. Our aim is to equip you with the knowledge to handle these scenarios confidently, ensuring you're prepared for any eventuality in your role as a landlord. …
Lone Eagle Management excel in every way. They are professional at every turn, whether dealing with a crisis or a simple request. They are extremely knowledgable, responsive, reliable and trustworthy. I highly recommend them and will continue to use them to oversee my properties.