June 2011

New Court Fees for Evictions and Law Suits Starting July 1, 2011!

June 30, 2011

Justice gets a bit more expensive in North Carolina starting July 1, 2011. New Fees: Magistrate(eviction or small claims): $96 District Court(eviction appeals and collections above $5,000): $150 Endorsement of Original Summons and A & P Summonses: $15 Motions: $20 If you would like more information, the courts memo on fee changes can be found […]

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The Durham Neighborhoods Initiative and What It Means To You!

June 29, 2011

Legal DisclaimerThis site is intended for general informational purposes only and does not provide any legal advice nor create any attorney-client relationship. Statutes and case law vary from jurisdiction to jurisdiction. Information presented here may not be applicable to any individual situation. You should consult a licensed attorney in your jurisdiction for legal advice relating […]

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NEW PINE STRAW ORDINANCE IN DURHAM!

June 23, 2011

At the June 6 City of Durham Council Meeting the Council unanimously adopted a Pine Straw Ordinance. The ordinance says that no pine straw or any other landscaping material with a fire rate of spread of more than 24 inches per minute shall be placed within 10 feet of buildings with combustible exterior construction. Town […]

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CONGRATULATIONS AANC! THE RESIDENTIAL BUILDING INSPECTIONS BILL IS NOW LAW!!

June 22, 2011

Congratulations to the Apartment Association of North Carolina, the Triangle Apartment Association, and all who supported the Residential Buildings Inspections Bill. On June 23, 2011, the Residential Inspections Bill, H 683 became law in North Carolina. This bill was developed by the AANC in response to Raleigh’s Probationary Rental Occupancy Ordinance, and other similar programs, […]

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FREE: Mr. Landlord to Speak at TREIA Meeting: Free to Members and Guests

June 20, 2011

Jeffrey Taylor, Mr. Landlord, is speaking at this month’s Triangle Real Estate Investors Association Meeting on June 21. This event is free to members and guests and the details from TREIA are as follows: TREIA Monthly Meeting – Mr. Landlord How to Fill Any Vacancy in 72 Hours For Top Market Rent, in a Competitive […]

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Welcome Changes to the Homeowner/Homebuyer Protection Act

June 12, 2011

As many of you are probably aware, in 2010 a series of regulations was foisted on landlords who extended an option to purchase the rental property that they were leasing through a law known as the Homeowner and Homebuyer Protection Act, or SB 1015. Well, it is now 2011 and the real estate investors are […]

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REVISITING RECAPTURE PROVISIONS IN NORTH CAROLINA LEASES!

June 7, 2011

How Recapture Works It was a common stick and carrot method of encouraging compliance with your rules and it was included in very many leases. You give the tenant more favorable terms, such as reduced rent, if they follow the rules and pay on time. If the tenant at some point stops following the rules […]

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The Anti-Prop Bill Needs Your Help Now More Than Ever!

June 3, 2011

Today from the Triangle Apartment Association: Dear Industry Leaders,As some of you are aware, SB 683 was pulled from the committee meeting yesterday. Sen Hunt is looking to amend language to potentially compromise with the bill’s opposition. To what extend, we are unsure at this time however the article below states that Sen Hunt may […]

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Showdown Thursday AM on Senate Bill 683, Residential Inspections – ANTI-PROP Bill!!

June 2, 2011

From our friends at the Triangle Apartment Association Dear North Carolina Apartment Leader: We are on the calendar in the Senate Commerce Committee on Thursday at 11:00 for the Apartment Association-sponsored bill – Senate Bill 683 – that would curb random/mandatory/universal/systematic inspections of rental housing by municipal officials. We need you to contact the members […]

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NORTH CAROLINA BED BUG BILL NEEDS YOUR SUPPORT!

June 1, 2011

The following is a call to action sent out by the Triangle Apartment Association today requesting that all landlords act to support the Bed Bug Bill. Here it is: House Bill 721 is being heard in the House Commerce & Job Development Committee (tomorrow) Wednesday, June 1 at 10:00AM. HB 721 attempts to clarify North […]

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