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October 8 @ 11:00 am - 12:00 pmAll MIAMI REALTORS® have free access to Rental Beast as an MLS member benefit. With rising ...
Find out more »(A) MLS Matrix Series 401: Rentals Add/Edit and Statistics
October 10 @ 1:30 pm - 3:30 pmAventura, FL 33180 United States + Google Map
Instructor: Tyson Hanes Rentals Searching, adding, & statistics Adding and editing rentals using...
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October 17 @ 11:00 am - 12:00 pmALL MIAMI REALTORS® members have free access to Rental Beast as an MLS member benefit. In this we...
Find out more »Rental Stats and Long Term Benefits for REALTORS
The Stats
- Nearly half of the US adult population lives in a rental
- 1 in every 3 adults in the US is a millenial
- Millennials are 3x more likely to rent than previous generations
- Rising affluence of renters, rising rents = greater agent commissions available
Consider the long term benefits!
- Expand your network
- Make early connections with first time homebuyers
- Learn a neighborhood
- Build online reviews
- Become knowledgeable for investors
SUMMARY:
Landlords can now offer tenants the option of charging a monthly nonrefundable fee in lieu of a traditional security deposit. This bill also allows landlords to collect the security deposit in monthly installments. This security deposit alternative is completely optional.
KEY POINTS:
- If both the landlord and tenant agree to a fee in lieu of a security deposit, the agreement must have mandatory disclosures. In part, the disclosures must state that fee is nonrefundable. See Stat. Sec. 83.491, once enacted, for the language that must be included in the full disclosure.
- The tenant can revoke the option to pay a fee in lieu of a security deposit at any time; and, can pay the security deposit instead.
- Fee cannot be used to cover any costs from damages.
SUMMARY:
This bill seeks to explain the instances in which servicemembers can terminate their rental agreements when they are faced with involuntary change due to military orders.
KEY POINTS:
Service members may terminate their rental agreements by providing their landlord with at least 30 days written notice if the service member.
- Is required to move 35 miles or more fun from their rental premises pursuant to a change of station order. If servicemember has leased the property, but has not moved in, this provision is still applicable.
- Is prematurely or involuntarily discharged or released from active duty and state active duty.
- Is released from active duty or state active duty and their home of record prior to active/state duty is more than 35 miles away from the leased premises.
- Receives military orders requiring him/her/them to move to government quarters or service member becomes eligible for government quarters. This applies if military orders were received after entering into the lease agreement.
- Receives a temporary duty or temporary change of station order that lasts longer than 60 days for an area 35 miles or further from leased property.