What responsibilities does a property manager have?

Property Manager

• Maintains property rentals by advertising and filling vacancies, negotiating and enforcing leases, and maintaining and securing premises.
• Establishes rental rate by surveying local rental rates and calculating overhead costs, depreciation, taxes, and profit goals.

What is an unlawful detainer in Florida?

Unlawful Detainer is a county court lawsuit, filed pursuant to Florida Statute Chapter 82, to request that. another person be ordered to leave your property. It is similar to an eviction proceeding except that in an. Unlawful Detainer case, there is no landlord/tenant relationship between the parties, i.e. there is no.

What are the rights of a co-owner of a property?

For example, under a tenancy in common: Each co-owner has right to use and possess the entire property. Each co-tenant owns a certain share of property as their own. Co-owners may hold unequal ownership shares. Maintenance and other costs are shared in proportion to ownership shares.

Can you see who owns a property just by looking at it?

Unlike property that can move (possession is nine-tenths of the law after all!), it is often difficult to see who owns real estate just by looking at it. The value of the property and the need to have some tangible way to determine who owns a property make property ownership much more paperwork-heavy than other types of goods.

What happens when a co-owner of a tenancy in common sells?

Essentially, when a co-owner sells his own interest, the buyer becomes a new co-owner, and tenancy in common continues. This means that unlike a joint tenancy, a tenancy in common is freely transferable. Such transfer may happen in several different ways, including:

What happens if you don’t own the mineral rights?

In a rural setting, however, if you don’t own the mineral rights to your property, someone else may have the right to enter your property and drill for oil or dig for minerals. The right of disposition means that you as the property owner have the right to sell or transfer your property to anyone else as you see fit.