A Guide to the Eviction Process in Grand Forks North Dakota

A Guide to the Eviction Process in Grand Forks North Dakota

It’s no longer a secret that being a landlord can be a lucrative opportunity. Renting to great tenants in North Dakota can ensure a consistent rental income and an overall good landlord experience. That said, as with any other business, it can be challenging as well. The experience can be anything but wonderful when you rent to a difficult tenant. A difficult tenant is high maintenance, causes negligent property damage, pays rent late or sometimes misses it altogether. Evicting such a tenant may be the only solution left on the table. North …

Continue Reading...

North Dakota Security Deposit Laws

North Dakota Security Deposit Laws

The security deposit is one of the most vital parts of a rental unit experience. As a North Dakota landlord, it’s your responsibility to know how to handle the security deposit. For example, a landlord must know what amount to charge, how to store the security deposit and when to return it. After all, ignorance of the law is never a legal defense. You cannot claim you didn't know the elements of security deposit law or landlord-tenant law in general. The security deposit law is contained in the statewide landlord-tenant law. It’s vital to foll…

Continue Reading...

Squatting Laws in North Dakota - an Overview

Squatting Laws in North Dakota - an Overview

Squatter’s rights are a form of Adverse Possession. If a squatter occupies your North Dakota home for a certain period of time and meets other requirements, they may be able to own your property adversely. Familiarizing yourself with squatters’ rights in North Dakota is, therefore, crucial. That’s because you’ll know exactly what to do should you find yourself in this situation. Who Does North Dakota Consider to Be a Squatter? A squatter is someone who lives in an unoccupied property without the knowledge of the property owner. Typically, the…

Continue Reading...

North Dakota Landlord-Tenant Law

North Dakota Landlord-Tenant Law

North Dakota is home to 765,309 people, with 38% living in rental housing and 62% living in their own homes. This is quite a substantial number of renters. Much like the rest of the country, North Dakota has landlord-tenant laws in place. The landlord-tenant law helps bring order in an otherwise potentially chaotic environment. If you’re a landlord in Grand Forks, here’s a basic overview of the statewide landlord-tenant law you should be knowledgeable about. Required Landlord Disclosures When renting out a home, a landlord must make certain d…

Continue Reading...

Renting Out Your Home in Grand Forks: Everything You Should Consider

Renting Out Your Home in Grand Forks: Everything You Should Consider

Renting out your Grand Forks, ND home can be a smart financial move. At the very least, it can mean new revenue and tax breaks. However, there’s more to renting out a home than just anticipating that rent check every month. As a matter of fact, it may be daunting and cause a lot of stress. After all, dealing with tenants, regulations, and the maintenance of your property can be anything but easy. If you’re looking to rent out your house in Grand Forks, North Dakota, here’s everything you need to know! 1. Have a Financial Plan in Place Of cou…

Continue Reading...