As Birmingham landlords, we received some exciting news this week. Two bills passed the state legislature that make owning rental property more desireable. The first is something we have been seeking for a long time. According to an update from the Alabama Association of Realtors the new bill, " . . . decrees that (landlords) are NOT responsible for unpaid utilities in the tenant names and further, cannot interfere with the landlord's contractual relationship with utilities." Sounds like common sense. However for years landlords in Jefferson County have been forced to pay for tenant's unpaid utility bills. Utility companies were even going as far as filing liens against the property. Imagine the money we will save!
Additionally, the state legislature, passed measures to, " . . . expand certain rights of the landlord and shorten the eviction process" (again according to the AAR). Unfortunately for dead beat tenants, they will no longer be able to drag out evictions for months and months.
A big thank you to the AAR and the Alabama State Legislature for passing these two common sense bills!
Friday, May 22, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment