How to Properly Raise Rent: A Guide for Landlords Rent increases are an unpleasant experience, to put it mildly, but they are an essential component of property management. It guarantees that landlords keep up with inflation, rising market prices, and property costs such as upkeep and maintenance. However, raising your tenant’s monthly bill may come with legal obligations, and breaking the rules could land you in hot water. In this entry of Eviction Essentials : Your Guide to Landlord-Tenant Law and Courtroom Drama in North Carolina , we'll take landlords through the legal requirements for raising rent, notice periods, allowable increases, and how to deal with tenant pushback while preserving a good landlord-tenant relationship. 1. Understand Your Local and State Laws Make sure you comply with local and state rules before you even consider increasing your tenant's rent. A few cities and states have rent control regulations that limit how much and how often rent can be rais...
PARANORMAL PROPERTIES. Does North Carolina Have Any “Ghost Busting” Rules, Regulations, or Legal Legislations That a Landlord Needs to Learn?
PARANORMAL PROPERTIES Does North Carolina Have Any “ Ghost Busting ” Rules, Regulations, or Legal Legislations That a Landlord Needs to Learn? Our homes are where we feel cozy, comfy, cool, and calm. A safe space where we’re protected by the walls of our own personal private kingdom. So by definition, a haunted house with spooky specters and ghastly ghouls is as far from a home as a house can get. In this entry of Eviction Essentials : Your Guide to Landlord-Tenant Law and Courtroom Drama in North Carolina , we dive deep into the details about disclosing a property’s paranormal past, and how it might get Landlords into a different type of scary situation. ( Plus , a few tips and tricks to spook-proof your property this Halloween ) 1. What is a “Stigmatized” Property? A "stigmatized" property is a real estate term for homes that might have psychological or paranormal baggage. These properties might be sites of tragic events, alleged hauntings, or other incidents t...