Final answer:
A landlord would request a lease between RYPM (a property management company) and the tenant for professional management and to alleviate the landlord's daily property management tasks. The presence of property management can help streamline transactions and lease understanding, adhering to laws like the Plain Writing Act. Additionally, price ceilings can lead to lower quality housing as landlords may invest less in property upkeep.
Step-by-step explanation:
A landlord might request that a lease be between RYPM (a property management company) and the tenant to ensure professional management of the property, relieve the landlord of the day-to-day responsibilities, and also possibly due to the landlord's lack of expertise in managing properties. This can lead to a clearer, more streamlined process for both tenants and landlords, reducing misunderstandings and disputes. Hiring a professional management company can ensure that transactions, maintenance, and legal matters, such as lease terminations or evictions, are handled efficiently and in adherence with laws like the Plain Writing Act of 2010.
Leases often contain complex legal language which can be confusing and overwhelming for tenants, potentially leading to distress in situations like breaking a lease. In contrast, a management company would likely provide a lease written in plain language that promotes clarity and eases the process for tenants.
Concerning price ceilings, they are a form of rent control that can create unintended consequences. While they may make housing seem more affordable, they often lead to a reduction in the quality of housing due to decreased incentives for landlords to maintain and improve their properties. The concept of opportunity cost in economics implies that while tenants might pay lower rent, they may also suffer from poorer living conditions as a result.