Alabama Security Deposit Laws
Every Alabama landlord or landlords have the right to demand their tenant pay a security deposit prior to signing a lease. But the management of the tenant's original deposit is something that is controlled by the statewide security deposit laws and landlord tenant laws. So, having an understanding of the laws surrounding the landlord tenant relationship is critical when managing an Alabama security deposit. With this in mind, we at Level Property Management Group have put together the following guidelines regarding the state's security deposit…
Alabama Rental Laws - An Overview of Landlord Tenant Rights in Fairhope
In the state of Alabama, a landlord-tenant relationship is established after the exchange of rent. At that point, the tenant inherits all rights and responsibilities under the Alabama’s Landlord-Tenant laws (Alabama Code Title 35 Chapter 9A.). Tenants obtain the right to live in habitable housing, and to be treated regardless of their race, color, or any other protected characteristic. Every tenant also obtains a list of responsibilities, such as timely payment of rent. As a landlord, the act also provides you a list of rights and responsibili…
Top Tips When Buying Investment Property in Fairhope
Investing in real estate is a great financial decision that can help you to create wealth if you get it right. But there are many important details you must understand first, in this case, it’s important to understand where you’re investing in. Fairhope is a cost-effective and unique alternative for real estate investors who are looking to extend their property portfolio in Alabama. With a relatively low profile compared to other major cities such as Birmingham, Fairhope is a great location for property investors for many reasons. The stable …
