At Ben Frederick Realty, we believe it’s important to keep you up to date on legislative changes that concern landlords and tenants. Today, we’ll take a look at four law updates for summer 2021, and what you may need to know about them. We also created a companion video to this piece which can be…
Read MoreLandlords must now offer tenants the option to: Pay the Security Deposit in full at the time the lease is signed. Pay the Security Deposit in installments of not less than 3 equal installments. Purchase Rental Security Deposit Insurance. These provisions apply only if the security deposit is more than 60% of the monthly rent…
Read MoreA federal judge from the U.S. District Court for the District of Columbia issued a ruling voiding the U.S. Centers for Disease Control and Prevention’s (CDC) eviction moratorium order. Though the U.S. government quickly appealed the case, this ruling is another significant addition to challenges by National Association of Realtors and National Apartment Association to…
Read MoreOn March 31, Mayor Brandon Scott signed City Council Bill 21-0021 which does 2 things: Leases must now state that the “Landlord may not apply late fees to the rent until the tenant is more than 10 days past due with the rent.” If the tenant provides the landlord written notice that shows the day of…
Read MoreUnless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.
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