News & Views — Featured Articles
Important Updated Fire Safety Information
The New Jersey Department of Community Affairs (DCA) has approved regulations that will adopt the 2015 International Fire Code, with New Jersey-specific amendments, as the State Fire Prevention Code. The state currently utilizes the 2006 International Fire Code. This new code will take effect on...
What Happens to the Lease When a Tenant Dies or Vacates to a Nursing Home?
By Jennifer L. Alexander, Esq. As a residential landlord, it’s important to understand that New Jersey statutory law grants tenants (in very limited circumstances) the option of prematurely terminating their lease without having to incur the normal penalties of vacating a lease early. Fortunately,...
Small Claims Big Headaches
By Jed Sampson The feeling of relief after completing an eviction on a tenant who owed multiple months of back rent can be followed quickly with the nauseating sensation when they leave owing thousands, and small claims seems to be the only answer. My suggestion…avoid it. Filing...
The Fuel For Success Is?
By Todd Smith Attitude! “A positive attitude causes a chain reaction of positive thoughts, events and outcomes. It is a catalyst and it sparks extraordinary results.” Wade Boggs, Hall of Fame Baseball Player Why another article on attitude? For the same reason, a person takes their car to...
Third Party Managers Deliver ROI for Apartment Owners
by James Cervelli Apartment owners often think that do-it-yourself property management is the best way to reduce costs and maintain hands-on control. However, hiring an experienced third-party-management firm can help owners realize savings by tapping into the broader resources of a...
Phone Lines and Your Fire Alarm System
By Brian Arenofsky Traditionally a fire alarm system in a commercial building that required monitoring at a central station required 2 telephone lines, one of which had to be dedicated to the fire alarm system only. The second line which was for redundancy could be a shared house line...
The Keys to Successful Tenant Screening
By Jamie Borodin Property management rentals can be a lucrative investment, but return on investment is put at risk when you rent to the wrong applicant – one that won’t pay the rent or who may pose a safety risk to you or the neighbors living around your property. Effective applicant...
A Commercial Lease At The End Of The Term Becomes A Month to Month Lease Unless A New Lease Is Signed
By Johnathan Mehl, Esq. I have often been asked: what are the rights of a landlord and a tenant when a lease expires? People often say that there is no lease. However, this is not the case. The provisions of the last written lease control, and the tenancy is what is known as a holdover...
Don’t Let Bed Bugs Bite Your Property
By Shannon Sked, Western Pest Services Property managers of multifamily communities across the country are always threatened by a variety of pest problems. One of the most significant (in terms of cost and difficulty to remediate) pest threats is bed bugs. Bed bugs rapidly resurged in the last...
The Leasehold Survivorship Rights of a “Functional Co-Tenant”
By Thomas S. Garlick, Esq. of Ehrlich, Petriello, Gudin & Plaza, P.C. In certain circumstances, the survivor of a deceased tenant may be entitled to continue in occupancy of your apartment as a tenant, as well as to continued financial assistance under federal and state programs, such as...