The PropertyClub Blog

What a Landlord Cannot Do

As a tenant, it's crucial to know your rights and understand what your landlord is legally not allowed to do. This article outlines ten common illegal actions by landlords and provides guidance on what you can do if your rights are violated.

Seller Credit for Repairs Guide

If you're buying a house and the home inspection comes back with a long list of repairs, you'll want to know how to negotiate them with the seller. One common solution is to get a seller credit for repairs. A seller credit for repairs is a type of concession that sellers can offer buyers to help close the deal.

NYC Eviction Process and Laws

In New York City, landlords can evict tenants for violating the lease agreement. However, to evict a tenant, the landlord must properly terminate the tenancy by serving the tenant with adequate written notice, according to state and city law.

Top 10 Celebrities That Live in Florida

Florida remains an incredibly popular and plush place to live, provided that you have the money for it. With sandy beaches, Disneyland, and a booming nightlife world all just a drop away, it’s clear that this is one of the most popular places for celebrities to move. 

How to Wire Money for Closing

Closing on a home requires paying the seller to finalize the purchase. It involves completing all the legal and financial steps required to transfer ownership from the seller to the buyer. This process includes signing the necessary paperwork, paying closing costs, and transferring the funds to the seller, typically via a wire transfer.

How Much Does it Cost to Sell a House?

The average cost of selling a house tends to range somewhere between 8% and 12% of the final sale price. To make sure that you have a more accurate idea of the cash you can pocket when all is said and done, it’s wise to prepare a comprehensive breakdown of the average cost of selling a house.

When Does a Seller Get Money After Closing?

The most exciting day for any seller is the day money comes in after closing. However, it can be tricky to understand when the money will arrive. When does the seller get money after closing? What day will it come? Who has the money, and what form will that money come in?

New York Transfer Tax Guide

The NYC transfer tax, also known as the NYC Real Property Transfer Tax (RPTT), is a tax that applies to all transfers of real property and cooperative shares over $25,000. The NYC transfer tax also applies when transferring a majority of the ownership in any corporation that owns NYC property.

Depreciation Recapture Rental Property Guide

Rental property owners can deduct depreciation from their taxes, which allows them to account for the natural loss in value of the home over time. This deduction helps reduce taxable income and can result in significant tax savings. However, there's a catch: when you sell the property, the IRS may require you to repay some of those tax savings through a process called depreciation recapture.

12 Safest Cities in Arizona

Whether it’s the nearly year-round sunshine, mild winters, open space, and affordable cities, it’s no secret why people are flocking to Arizona. These twelve cities are ranked the safest places to live in Arizona thanks to their very low crime rates per capita. 

Safest Countries in the World

Ever wondered where the safest places in the world are? Well, wonder no more! This report will explore the fifteen safest countries in the world based on their violent crime index. 

What Is Phrogging and Is It a Crime?

Have you ever noticed things going missing from your fridge, heard unexplained noises at night or felt a chill run down your spine that just can't be explained? These could be signs of a terrifying situation – someone secretly living in your home! This unsettling phenomenon is known as phrogging, and it's more common than you might think.