Tip #20: It is really risky managing a property without knowing what the laws are that govern tenancy. Every state is different - some are move tenant friendly and structure laws accordingly. When managing your rental, don't assume anything. Make sure you consult the laws and make sure your lease is in line with these laws. Some of the more complex areas cover security deposits, abandonment, lease renewals, and repair responsibility, just to name a few. Most states publish online Landlord-Tenant Laws in pdf format so you can download and use as a reference. If you are in Georgia, here is a link to ours: Georgia Landlord-Tenant Laws.
