Training for Realtors and Property Managers – Avoid Legal Pitfalls
Some tips when renting properties:
A security deposit is refundable.
To hold a unit/property mark the payment as a “non-refundable deposit”.
In the State of Ohio, property managers need to be licensed.
Realtors must go through their Real Estate office.
Have a written standard for approval of tenants; be consistent!
Know what is covered on your insurance policy.
For more great tips, listen to our PODCAST!