Back in April, the Denver Business Journalreported that a federal judge ruled one-time, nonrefundable amenity fees violated state law in Massachusetts. Denver-based Archstone lost that case, but there are other local laws out there that could ensnare unsuspecting apartment owners. Here are some key ones:
Utility Charges: Some suburban Maryland counties, like Montgomery County, have limitations on the amount of raises a landlord can administer to things like electricity and water charges. “That may be one of the things that a landlord may think they have absolute discretion to do,” says Christopher Hanback, a partner in the Washington, D.C., office of law firm Holland & Knight.
Read more...Four Legal Issues Apartment Owners Need to Know - Legal Issues - Multifamily Executive Magazine
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