Know Your Real Estate Laws
by William Bronchick
The real estate business is fraught with scams, fraud and unethical practices. As such, it is a highly-regulated business. As a real estate investor, you are treading on areas of law which you should be familiar.
A good real estate attorney will help you along the way, but you should stive to educate yourself as well. At a minimum, you should be aware of the following:
Landlord-Tenant Rules
What exactly does it take to evict someone? How much does it cost? How long does it take? Can I serve notices myself, or do I need a process server? Are there special housing rules that apply in my city? Is there a limit to the amount of rent increases I can ask for? Is there a limit to security deposits? Do I have t...
[ Read Full Article Here ]