The Legal Responsibilities of a Landlord
With the New York City housing market what it is, and prices constantly on the rise, the competition for fairly-priced apartments, condos, and rental spaces has become quite steep. As a prospective renter it becomes extremely important to get the best team possible to assist you on your path to becoming a property renter – or even as a prospective landlord or property owner for that matter.One such important step to take would be to acquire the services of the top housing & landlord lawyer Queens has to offer, such as Mr. Rajiv Syed. Over the course of his career, he has helped countless individuals both landlords & tenants through some of the most difficult times – from evictions, and discrimination suits, to simply the drafting of rental agreements. With so much competition in the field, it becomes a tumultuous arena for not just the prospective tenants, but the landlords as well. As an appointed landlord, or a landlord who owns his property, it is important that you understand the responsibilities associated with your role. And with ever-changing statutes in the city, state and federal legislatures, it is vital that you (as a landlord) keep yourself aware of theconstant changes in rules, regulations and maintain full compliance. The goal for any landlord or property owner is to make money through strong and positive rental relationships, and in order to do so, you must keep your tenants happy – without allowing them to infringe upon your rights in the process. to help you better understand the responsibility and role for a landlord, the top housing & landlord lawyer Queens has to offer, Rajiv Syed, Esq. provides us with these important things to know.
· Federal Laws
As a landlord or property owner, there are two major federal legislations that affect you on a daily basis – the Fair Housing Act and the Fair Credit Reporting Act. The Fair Housing Act prohibits any type of discrimination based on factors such as race, color, national origin, religion, sex familial status or disability. According to the top housing & landlord lawyer Queens has to offer, Mr. Syed, this not only means that you may not discriminate when renting a property, but you must also adhere to this when marketing or advertising a property to certain specific groups or individuals. The Fair Credit Reporting Act, however, dictates that a landlord is bale to use a tenants credit history for screening purposes. They must, however, get permission in order to run a credit report.
· State Laws
Generally, when it comes to state laws in regard to any rental properties, they concern things like the rights and responsibilities of the tenants and landlords, and any terms or conditions that are to be considered within a lease agreement – including things like use pf the property, rent cost, evictions and more.
· Legal Responsibilities of a Landlord
The landlord in a rental scenario, is subject to various legal responsibilities – depending on state and city, they can change as well. Ignorance of these laws is no excuse, that’s why its imperative to hire of the top housing & landlord lawyer Queens has to offer, such as Mr. Rajiv Syed, as they will guide you through the complexities of such issues. Federally, the US Department of Housing and Urban Development (HUD), watches over regulations covering issues that affect landlords and tenants. Some of these important landlord responsibilities include – legal lease documentation, informing clients of facts about the rentals, security deposits, making repairs and keeping a standard, ‘up-to-code’ apartment, and more.
For more information on what you need to know as a landlord in NYC, contact Mr. Rajiv Syed, Esq. today.