Happy New Year from everyone at PropertyADVANTAGE! We hope 2012 brings you new and continued success!
With the new year comes new laws. Our legal counsel, The Law Offices of Kimball, Tirey & St. John LLP (KTS), have provided new laws for us to be aware of:
- Recycling: Beginning July 2012, landlords of properties with 5 or more units are required to provide recycling services. Additionally it is required that residents participate in recycling.
- Water Conservation: Single family residences built before January 1, 1994 must contain water conserving fixtures by 2017. For multi-family residences built prior to January 1, 1994 these fixtures must be in place by 2019.
- Small Claims Increase: Individuals can sue for up to $10,000 in small claims court. While entities can sue for up to $5,000. This is effective January 2012. Different amounts apply to guarantors.
For a full list of new 2012 laws, please click here.
For information on KTS services, please call 800-840-0372 or visit www.kts-law.com.