Do Not Have to Hire Outside Help- When you have a smaller rental property, you are often able to manage it yourself without outside help.If any tenant in the property is 60 years of age or older, however, the statewide security deposit rules will still apply to that tenant. So, while the traditional security deposit maximum in the state is one month’s rent, these landlords are free to charge their tenants whatever security deposit amount they choose. In New Hampshire, landlords with five or fewer units who live in the rental property do not have to follow the statewide security deposit rules. May Be Exempt From State Security Deposit Rules- In addition to being exempt from Fair Housing laws, certain state also grant exemptions from other state landlord tenant rules.You should always check your local laws to see if different rules apply. In general, any property that is owner-occupied with four units or less does not have to follow fair housing laws. While it is in your best interest to treat all prospective and current tenants equally and not discriminate against anyone, there are certain times when a landlord is exempt from following fair housing laws. May Be Exempt From Fair Housing Rules- Fair Housing rules are one of the most important things landlords must be aware of when renting and managing their property.Depending on the size and layout of the property, there could be one, two or three rental units per floor. Traditional Apartment Building- This type of rental property is made up of all residential rental units.For example, there could be a restaurant on the bottom floor and several rental units above it. Mixed-Use Building- This type of rental property involves a mix of residential rental units and commercial rental units.Duplex- A duplex is a type of two family home where the rental units are side by side instead of on top of each other.It is common for the owner to live in one unit and rent out the other. One apartment can be on the main living level, while the other can be in the basement or the top floor of the home.Each apartment also has its own form of entrance or egress. The two living spaces are separated, usually on different floors of the home, and each have their own kitchen, bathroom, bedrooms and living space. Two Family Home- This is a property that allows for two separate groups of people to rent it out.It traditionally only has one kitchen and one main form of entrance and egress, so the layout of the home only allows for it to be rented to one tenant. Single Family Home- A single family home is a type of property that can be rented to one tenant.
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