Archive for January 2024
Property Management / Real Estate Terms
We often get asked to explain in simple terms, what certain real estate / property management terms mean?! Well here they are!! Abandonment:Tenant vacating a property before lease expiration. Abatement: Reduction or suspension of rent due to issues in the property. Accelerated Depreciation: Quicker property value decrease for tax benefits. Amortization: Gradual repayment of a…
Read MoreRental License – Frederick, MD
Renting out a property in Frederick, Maryland requires obtaining a rental license from the city. This license ensures that the property meets certain safety and habitability standards, and allows the city to regulate the rental market. Effective January 1,2024, regarding Rental Licensing Ordinance in the City of Frederick, MD. Details below! Apply or Search for…
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