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Compliance Regulations that are Easy to Get Tripped Up With

In previous blogs, we’ve talked a bit about the many ways that having property management services, whether you own property in Cabot, Arkansas or Seattle, Washington, can help you make the most of owning investment properties. There are no one a.m. phone calls or struggles to manage contractors when you work with an exceptional property manager. But most importantly, you will know that your property follows the compliance regulations set forth in the state in which the home is located, because that is one of many property manager responsibilities.

When a property manager walks through a home prior to renting it out, they should be checking for all the possible issues that could cause legal conflicts and compliance concerns. A renter has the right to minimum living standards and what defines these can vary. Simple things, like mold on the caulk around the bathtub or simply chunks missing, could bring up compliance problems. Additionally, you don’t want to get saddled with the problem of failing in your duties for not making sure a battery is changed in a smoke detector.  

A Major Versus a Minor Repair

The distinction between a major and minor repair can also lead to concerns with an owner complying and keeping a rental property in a livable condition. Allowing a property management company to make this distinction and handle it appropriately can also help to reduce any future problems. The main question that distinguishes a major problem from a minor problem is, does this problem make the property unfit to live in?

Don’t stress the small stuff or the exceptionally important stuff when you work with Real Property Management Central Arkansas for all your property management needs. We’ve got you covered! Contact us today for more information about our services in the Cabot and Little Rock areas.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.