When landlords collect security deposits from their tenants, they can use that deposit to cover a variety of expenses. These expenses include things like covering unpaid utilities upon move-out, covering excessive cleaning costs, covering excessive property damage, covering lost rental income, and covering losses in rent payments. Essentially, a security deposit is meant to protect you against potential tenant actions that may result in any financial losses on your part. As a landlord in Pennsylvania, you have a right to collect a security dep…
Pennsylvania Rental Laws - An Overview of Landlord Tenant Rights in Philadelphia
Investing in Pennsylvania real estate is a great way to earn extra income. As a landlord, it’s important to be aware of the landlord-tenant law in Pennsylvania to protect your rights, as well as the rights of your renters. The landlord-tenant law in Pennsylvania was established in order to regulate the rental business in the state. Both landlords and tenants have rights and responsibilities, and it’s essential to know what these are to prevent potential issues with your tenants in the future. Both landlords and renters understanding the laws w…
The New Bed Bug Control Law
Philadelphia Bed Bug Law The City of Philadelphia has recently changed their rules regarding bed bugs in rental housing in the city. What does this mean to tenants, landlords, property management companies, and property owners? The new requirements call for a few preventative steps, better communication, and prompt treatment of infestations. What are Bed Bugs? Before I get into the new laws in Philadelphia, let’s talk a little about bed bugs themselves. Bed bugs are parasitic insects that feed on animal blood, including human blood. Their bites…
Philadelphia Lead Certification Law
Lead Certification Philadelphia In a bid to make all rental properties in Philadelphia healthy for residents, the government has different safety certifications landlords must present when they need to receive or renew a rental license. One of these important certifications is the rental property lead certificate. City of Philadelphia passed a new Lead Certification Law What the New Law Says In Philadelphia, rental properties built before 1978 are required to be tested and certified lead-safe or lead-free if a child aged six or younger resides …
Documents You Need To Rent A House In Philadelphia
Everything You Need to Rent a House in Philadelphia Owning a rental property in Philadelphia (or anywhere else) is an achievement. It is understandable that you can't wait to rent out your property and join the league of happy landlords. This is not exactly how it works, however. You will need to sort out different things before getting the legal backing to rent a house in Philadelphia. One of which is Philadelphia Rental license. For the first time landlords, sorting out the documents, licenses, and certificates required before a renting can b…
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