LICENSING AND REGISTRATION

Rental property licensing and registration: the necessary evil for all landlords. Well, it’s not really “evil”, but it is necessary and local requirements can put landlords at risk if they do not follow all licensing and registration requirements.
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ENSURING EACH PROPETY IS LICENSED AND REGISTERED PROPERLY PROTECTS OUR TENANTS AND OUR OWNERS

As part of the onboarding process, we identify and apply for required rental licenses – no additional charge.

In addition, some of our properties are required to be registered with the Maryland Department of the Environment (MDE) and renewed annually – this is also performed at no additional cost to Boomtown property owners.

Rental property licensing and registration is not brian science, but follow-through is imperative.

LICENSING AND REGISTRATION DETAILS:

Lead Paint License and Registration
We protect our property owners from liability and our tenants from lead paint hazards
County and Municipal Rental Licensing
Licensing can be tedious in some municipalities – not to worry, we’ll take care of it for you

Lead Paint License and Registration

Based on the age of your home it may require a lead paint certification and subsequent registration. All tests must be performed by trained lead paint inspectors certified by the State of Maryland.

Lead-free Certification. If you think your property does not contain any lead paint (even in old paint layers beneath new paint) it can be tested and potentially achieve a lead-free certification. When a lead-free inspection is performed all painted surfaced are tested using an XRF (X-ray fluorescence) gun. This technology can detect if any part of the tested area has been painted using lead-based paint in the past. If any part of the home contains lead-based paint (interior or exterior) it will fail the inspection and will not be eligible for a lead-free certification. Lead-free certifications do not need to be renewed but must be registered with MDE upon issuance.

Full-Risk Reduction Certification. Properties that fail the Lead-free Certification, or properties that are known to have lead-based paint can still be rented after obtaining a Full-Risk Reduction Certification. These certifications are issued after a visual inspection is performed on the interior and exterior of the home to confirm there is no chipping paint. Additionally, cotton swabs are used to collect dust specimens in the home to test for the presence of lead dust. The swabs are tested in a lab and the results are usually processed in a matter of days. If the swabs pass a certificate is issued and that certificate needs to be registered with the state and re-registered at the beginning of each year. Additionally, new certifications need to be performed with each tenant turnover.

Limited Lead-free Certification. Finally, in some few instances (usually after an extensive renovation) old properties may be eligible for a limited lead-free certification. If the interior of a home has been certified as lead-free but the exterior of the same home contains lead paint the homeowner can elect to certify their home as limited lead-free. This certification only requires exterior lead paint inspections every two years to confirm all exterior painted surfaces are in-tact and do not have any chipping paint.

In addition to the certification, there are lease specific disclosures that must be made to new tenants at lease signing. At Boomtown we do everything from prepping your property for an inspection, to scheduling lead-paint inspections and registering your property at no additional cost.

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County and Municipal Rental Licensing

Approximately half of Boomtown managed properties require a renal license and subsequent annual renewals.

There is no state rental licensing authority for Maryland; however, many counties do require rental property registration and subsequent licensure for each rental property. To make things more confusing larger municipalities often have their own requirements for rental properties to conform to local ordinances. In one locale, the issuing authority requires landlords to be certified by passing a lengthy online exam regarding local rental policies. Where required, rental licenses must be issued and maintained to take any legal action against tenants.

Although tedious, rental property licensing is required to ensure our homeowners are protected each home is safe. If your property requires a license, we’re happy to take this off your plate at no additional cost.

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Frequently Asked Questions

How are emergency calls handled afterhours?2021-07-07T15:53:07-04:00

All afterhours emergency calls are answered 24/7 by a Boomtown employee trained in the immediate mitigation of property loss. If necessary, emergency services are arranged to limit property loss, and our owners are provided a video if an emergency site visit is necessary.

How will I know that the tenants are taking care of the property?2021-07-07T15:52:58-04:00

Maintenance inspections are performed twice a year. Boomtown property owners are provided with an inspection report with time / date stamped pictures so you can feel confident in the condition of your property. During the turnover process you can stream the move-in / move-out video for additional detail.

What type of properties do you manage?2021-07-07T15:52:46-04:00

We manage residential property in Frederick and Montgomery counties.

How quickly do I receive the rent income?2021-07-07T15:52:34-04:00

Owner distributions are processed on the 15th of each month and funds are generally available within 48 hours. All owner distributions are direct deposited.

How long is a typical turnover?2021-07-07T15:52:22-04:00

1-2 weeks. We generally need about 1-2 weeks after a move-out to inspect the property, and make it move-in ready for a new tenant.

Who takes care of turnover work?2021-07-07T15:52:14-04:00

We do! The placement fee includes the work Boomtown does to scope and administrate any work done at your property. Contractors perform the work, Boomtown administrates the work.

Can I do my own turnover work?2021-07-07T15:52:05-04:00

Yes. Our requirement for licensed and insured labor is only for occupied units. Boomtown only hires contractors that are licensed and insured; however, you are welcome to perform work on your own property and hire your own contractors without restrictions during the turnover process.

Can I use my own contractors?2021-07-07T15:51:56-04:00

Yes. We are happy to oblige any request for preferred contractors as long as they are licensed and insured.

Why should I sign with Boomtown?2021-07-07T15:51:48-04:00

This question is predicated on assumptions. A better question would be: “What matters to you as you consider a professional property manager?” Browse through our Services and Types of Owners sections. We are a property management company focused on adding value by innovating through technology to deliver better experiences at a lower cost. If that works for you, then our Rental Analysis is the next step.

What makes Boomtown different?2021-07-07T15:51:37-04:00

Low price AND great service. We use technology to drive down the cost of business and we pass the savings to you. We’re not a property management franchise. We’re not the largest property manager in Maryland (and we don’t want to be). We’re a small business with great processes and a professional staff working with like-minded property owners in Frederick and Montgomery counties.

Do run background and credit checks on tenants?2021-07-07T15:51:28-04:00

Yes, 100% of our tenants have been verified through background and credit checks. We also conduct employer and landlord verifications for all wage earners. Private landlords go through an additional step to verify ownership and validate the reference.

How would you market my property?2021-07-07T15:51:17-04:00

We used a paid marketing syndicate to advertise our properties on 41 different sites. When a prospective tenant shows interest our automated CRM software takes them through the process to schedule a showing 24 hours a day, 7 days a week. We regularly place new tenants in 48 – 72 hours using our proprietary system. Even phone calls at midnight on Saturday are processed immediately using our automation.

How much do you charge?2023-02-07T08:49:13-05:00

Our management fee is 6%/mo., we do not have any hidden fees. There are no start-up fees, or marketing fees and we do not add 10% to vendor invoices. Click here for details on our placement fee and lease renewal fee.

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60 DAYS.
NO COST, NO OBLIGATION.

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