Property management involves leasing, rent collection and building maintenance and repair. It is a highly regulated field in California. Laws that directly or indirectly touch on property management appear in 15 separate state government codes. Additionally, any property management business is subject to all laws affecting any business in California, such as those having to do with workplace safety, sexual harassment, insurance and taxation.

Licensing

California requires property managers to have or work under someone who holds a real estate broker’s license. The only exception to this law is for property owners who manage their own buildings. The state Bureau of Real Estate (BRE) requires broker-applicants to document experience and/or educational training in the field and to pass a state licensing exam. Continuing educational requirements apply to all brokers. Brokers are subject to license suspension or revocation for failing to uphold laws relating to the management of property, as well as other real estate laws. Property managers are not required to hold any separate certification specific to property management, but many property managers do.

Habitability

A property manager must ensure that every residential rental unit meets a minimum standard of habitability, consistent with health, safety and building codes. The California Supreme Court has determined that a manager’s failure to maintain units to this basic standard can provide a defense to an eviction action for failure to pay rent.

by Mary Gallagher

Since 1946 the Carnahan name has had a reputation for honest and ethical Real Estate Property Management services in the San Fernando Valley, Santa Clarita Valley, Burbank/Glendale, Los Angeles, Westside and Conejo Valley areas.

The reason for our success is helping owners like you when they need it. Below is a partial list of property management services we provide to help you protect your real estate investment.

• Tenant placement
• Tenant screening (including: credit check, landlord and employment verification, social security trace report, California eviction check and criminal check)
• Regular property inspections
• Accounting and landlord bill payment
• Monthly financial reporting
• Maintenance service and supervision (we use only proven independent vendors)
• Collections
• Evictions
• We supply all the necessary forms to meet California’s Landlord/Tenant laws
• 24 hour emergency phone service
• Advertising to the broadest tenant base possible

Call or e-mail us today for more information. We’re ready to get started!

• Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando Valley, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.