N.J. rental costs among highest in the nation
Discriminination
by Mary Ann Pidgeon, Esq. Pidgeon & Pidgeon, PC 600 Alexander Road Princeton, New Jersey 08540 (o) 609-520-1010/ www.pidgeonlaw.com A landlord has a lot of flexibility in choosing a tenant but a landlord may not discriminate on certain grounds. A landlord may discriminate on some grounds but not on race, creed, sex, sexual orientation, handicap, the source […]
Defining the Terms of The Lease
by Mary Ann Pidgeon Esq. Pidgeon & Pidgeon, PC 600 Alexander Road Princeton, New Jersey 08540 (o) 609-520-1010 / www.pidgeonlaw.com The terms of your lease are very important and should be reviewed by your attorney prior to signing. The law does not allow the landlord to include a provision which waives the tenant’s rights. Specifically, the right to […]
Beginning the Landlord/ Tenant Relationship
by Mary Ann Pidgeon, Esq. Pidgeon & Pidgeon, PC 600 Alexander Road Princeton, New Jersey 08540 (o) 609-520-1010 www.pidgeonlaw.com The landlord tenant relationship must be established in writing or established in the actions of the parties. The first issue is determining if there is a legally enforceable landlord tenant relationship. If there is a written lease, the […]
Attn. Landlords: Are You Aware of the Bulk Transfer Sales Law?
This article is an excpert from the www.njlawblog.com and was written in its entirety by Barbara Strapp Nelson, Esq. Barbara is an attorney at the law firm of Stark and Stark and Barbara specializes in Real Estate law. You can click through to her site here: http://www.stark-stark.com/attorney-lawyer-1012711.html ‘Selling a home which you recently rented out […]
Attn. Princeton Landlords, Appeal Your Property Taxes!
Frustrated by the lack of information on how to appeal your property taxes? Confused by the recent revaluation and want to know your rights? Do you simply want to learn how to file an appeal to lower your taxes? Please be our guest at one of our two upcoming workshops on how to appeal your […]
Princeton Closed Rentals Report: 2009 v 2010
The numbers are in and they are a bit staggering…. The number of Princeton Boro & Township rentals that closed in 2010 v 2009 was up, dramatically! 2009 Closed Rentals: 143 2010 Closed Rentals: 187 44 more rentals closed in Princeton in 2010 v 2009, a 30% increase! Considering that the overall sales numbers were […]
Year to Date, Princeton Rental Transaction Report
Here is the list, by month of all the rentals in Princeton that closed YTD in 2010. It offers a view of the price that different types of rentals will go for in the Princeton market. Th list includes the # of bedroom, the # of bathrooms, and dom, days on market, how long an […]
How to negotiate a better price for a rental lease
In any negotiation, the person with the most leverage tends to get the best terms. The more leverage you have over the deal and the other party, the harder you can negotiate. The less leverage, the less room you have to negotiate. Want to know if you have good or bad leverage in negotiating a […]
The Basics of Fair Housing
So you are ready to become a landlord. Good! I have heard an expression, you can make money from selling real estate but you get rich by owning it. Becoming a landlord is a great way to accumulate wealth and build your financial portfolio. So lets say that you have a Princeton rental ready to […]