Saturday, January 28, 2006

The Dumb Ox: Misunderestimating Bush (updated)

The Dumb Ox: Misunderestimating Bush (updated)

Monday, January 23, 2006

Real Estate Course/Presentation

I am currently developing a course on buying and managing apartment buildings. So far it seems like it's about a 4 hour presentation. If you have any interest in hearing this presentation and are anywhere near New York/New Jersey, please e-mail me. My e-mail is available in my profile.

-Regards,
Rosey

Monday, January 16, 2006

Wednesday, January 11, 2006

NOTICE TO CEASE

XXX Mgt, Co. Inc.
P.O. Box 000
Smalltown, NJ 08400



NOTICE TO CEASE


To: Mr. & Mrs. Flavio, Tenants

1. PRESENT LEASE. You now rent the premises located at 200 Central Avenue, Apt. 201, Major City, NJ 08000

2. WARNING. Please read this NOTICE TO CEASE carefully. If you do not immediately cease (stop) doing the acts complained of, you may be EVICTED. This means you may be forced to leave.

3. ACTS COMPLAINED OF. According to New Jersey Law (N.J.S.A 2A:18-61.1-3) you may be evicted for the following reasons:

You have habitually paid your rent late. Your rent is due on the first day of each month. A grace period is allowed so that the rent must be received by the fifth day of each month. You have paid your rent late as follows in the last year:

Month /Date Received
January 2005 /January 19, 2005
August 2005 /August 24, 2005
October 2005/ October 12,2005
December 2005 /December 13, 2005
January, 2006 /Unpaid as of
January 11, 2005

These actions must cease (stop) immediately or further legal action will be taken, including termination of your tenancy.


Dated: January 11, 2005 ________________________
XXX Mgt, Co. Inc.
By: Rosey
Property Manager

Letter Accompanying Notice to Cease

XXX Mgt, Co. Inc.
P.O. Box 000
Smalltown, NJ 08400



Mr. & Mrs. Flavio
200 Central Avenue Apt # 201
Major City, NJ 08000



Notice to Cease


By regular and certified mail

January 11, 2006

Dear Mr. & Mrs. Flavio,

Enclosed is an official “Notice to Cease,” relative to your tenancy; this is a legally binding warning letter. This means that you must cease (immediately stop) doing the acts complained of as listed in the notice.

Failure to do so may result in further legal action, termination of your tenancy and eviction from your apartment.

The reason for this letter is: habitual late rent payment. You received this letter because you have made two or more late rent payments in the last six months. Two more late payments is cause for termination of your tenancy.

Thank you for your attention in this matter.

Very truly yours,




XXX Mgt, Co. Inc.

Rosey
Property Manager

Tuesday, January 10, 2006

Multiple Dwelling Reporting Rule

Just what landlords need, more regulation and paperwork...


About MDRR

The Director of the New Jersey Division on Civil Rights (Division) is mandated to enforce the New Jersey Law Against Discrimination with regard to discrimination in real property because of race, creed, color, national origin, nationality, ancestry, marital status, domestic partnership status, familial status, affectional or sexual adopted by the Division require that the "owner...of every multiple apartment dwelling which has 25 units or more shall file an annual report with the Division on Civil Rights concerning the racial/ethnic designation of the leaseholders and applicants of the owner’s multiple dwelling, whether any of its buildings or developments are barrier-free, and factors affecting its composition." N.J.A.C. 13:10-2.2(a). In accordance with N.J.A.C. 13:10-2.4(b), each report must be submitted to the Division on or before January 30th of each year using the Division’s reporting form.
For more info see http://www.njcivilrights.org/mdrr.html#fsf

See reporting form at:
http://www.njcivilrights.org/downloads/tenant_applic_inquiry_form.pdf

Highlighted Changes to the MDRR Regulations

Important Changes in Definitions:
13:10-1.1 Words and phrases defined:"Barrier Free" means adequate and sufficient features which are available in buildings or structures so as to make them accessible to and usable by people with physical disabilities."Racial/ethnic designation" means designation in one or more of the following classifications:
1. Black or African American: a person having origins in any of the original peoples of Africa;
2. Hispanic or Latino: a person of Cuban, Mexican, Puerto Rican, South or Central American or other Spanish origin or culture, or a person having a Spanish surname;
3. Asian: a person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian subcontienent, including Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Phippine Islands, Thailand, and Vietnam;
4. American Indian or Alaska Native: a person having origins in any of the original peoples of North or South America;
5. Native Hawaiian or Other Pacific Islander: a person having origins in any of the original peoples of Hawaii, Guam, Samoa, or other Pacific Islands;
6. White or Caucasian: a person having origins in any of the original peoples of Europe, the Middles East, or North Africa.
Important Changes in Record Keeping Requirements:
Filing of reports 13:10-2.4(b)The report is now due on January 30 of each year beginning January 30, 2000, and continuing. Each annual report shall include information for January 1, through December 31 of the preceding year. No report shall be due on October 15, 1999. Instead, the report due on January 30, 2000, shall include information covering October 15, 1998 through December 31, 1999.
Maintenance of records 13:10-2.5(b)Records must be kept on file for a period of three years and must be produced for inspection during business hours upon request of the Division on Civil Rights.

MDRR Compliance Alert

Got this surprise off the NJAA (New Jersey Apartment Association) newsletter. I am exempt because none of my entities manage 25+ units... Go to www.NJCivilRights.org for more info...
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MDRR Compliance Alert

NEW JERSEY DIVISION ON CIVIL RIGHTS 2005 MULTIPLE DWELLING REPORTING RULE (MDRR) COMPLIANCE ALERT
The Office of the Attorney General, through the New Jersey Division on Civil Rights (Division) will be mailing the 2005 MDRR postcards on or about December 15, 2005. The 2005 MDRR report covers the reporting period of January 1, 2005 to December 31, 2005.
New Jersey State Law requires landlords of apartment complexes with 25 or more rental units to file an annual MDRR Form. In an effort to make reporting simpler and give owners greater flexibility in meeting their reporting obligations, the Division encourages landlords to e-file the 2005 MDRR report.
To file online, visit the Division’s Web site at www.NJCivilRights.org and follow the MDRR link. E-filing will be available after January 1, 2006.
For those landlords who choose to paper file the 2005 MDRR form, go to the Division’s web site at www.NJCivilRights.org and enter the link to MDRR and print the 2005 MDRR form.
If there is a change in ownership or registered agent information the owner MUST notify the Division of such changes on the MDRR Change of Owner/Agent Address form that is also available on the Division Web site.
Landlords who do not file the 2005 MDRR report before January 31, 2006 will be required to pay a late filing fee with their completed form, pursuant to N.J.A.C. 13:10-2.4.