Blog

Are you looking to purchase an investment property in the Maryland real estate market? You're likely asking yourself: how is the real estate market in Maryland, anyway? Well, purchasing high valuye rental properties for reasonable prices in Maryland carries the potential for a significant return on your investment. Many Maryland areas look promising when it comes to buyers trying to earning passive income and growing your wealth. Before making any decisions, however, it’s smart to acquaint yourself with the local conditions and opportunities to…

First and foremost—what does breaking a rental agreement or lease mean? Basically, terminating a lease early is when a tenant stops wanting to pay rent and moves out of the leased premises before the lease term ends. Breaking a rental agreement before said lease expires is often a serious violation of the Maryland lease agreement. As a landlord, you’ll have various options to consider when a tenant tries lease breaking before the lease ends. For example, you could withhold the tenant’s deposit and/or sue the tenant in court as per Mayland law i…

A security deposit is any payment of money, including the last month's rent paid in advance, that a tenant pays to a landlord to insure the landlord against a myriad of liabilities during the lease term or tenancy. These include unpaid rent, damages due to breach of lease, physical damage to the rental property in excess of ordinary wear and tear, as well as any other breach of the Maryland lease or rental agreement. In Maryland, just like in other states, under landlord-tenant laws a landlord has a right to collect money in the form of securit…

Notice - The information provided in this article does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Owning a rental property in Maryland can be a lucrative investment decision. Besides helping diversify your portfolio of leased property, you also set yourself up for earning a passive income for many years to come as long as you follow the Maryland landlord tenant laws in regard to your residential rental. Laws in …