The American Apartment Owners Association recently teamed up with the real estate attorneys of Brewer Offord & Pedersen LLP to present a webinar about the best practices that landlords, property managers, and apartment owners should take when terminating leases. In this replay of the webinar, the attorneys Ashlee Gonzales and Adam Pedersen discuss specific things to consider relating to lease termination, including:
• Understanding the causes for why a lease can be terminated
• Providing appropriate notice for terminating a lease, whether due to expiration or violation of lease terms
• Abiding by lease terms and state law regarding a tenant's failure to pay rent
• Conducting pre-move out and post-move out procedures
• Handling abandoned property with correct notice period and actions
• Processing security deposits and itemized repairs in a timely and legal manner
• Preparing the property for a new tenant, and more!
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