PHILADELPHIA - Working with Section 8 tenants is a risky and time-consuming task. The landlord-tenant laws are complicated and the process can feel like a minefield. Many landlords believe that Section 8 tenants are in financial trouble, but in reality, many people who qualify for housing subsidies are unable to work because of their health, disability or old age.
It is important to find a company that specializes in working with Section 8 properties. A good company will not only be familiar with the regulations laid out by HUD, but will also be familiar with the local public housing authority. A good section 8 property management company should be able to help you meet the standards of HUD and local housing authority regulations.
It is also important to know that a Section 8 property manager is different than a regular property manager. These professionals must be knowledgeable about regulations, rules, and paperwork. They should also be able to keep track of the property's condition, so it is safe for all parties involved.
The contract should specify the terms of the property management agreement. It should specify the name of the property and provide enough details to identify it. It should also state who is appointing the Manager and confirming that they are accepting the appointment. It should also state the rights and responsibilities of the manager.