NAICS Code 561990-05 - Eviction Service
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NAICS Code 561990-05 Description (8-Digit)
Hierarchy Navigation for NAICS Code 561990-05
Parent Code (less specific)
Tools
Tools commonly used in the Eviction Service industry for day-to-day tasks and operations.
- Legal forms and documents (e.g. eviction notices, court filings)
- Locksmith tools (e.g. lock picks, bolt cutters)
- Moving equipment (e.g. dollies, moving trucks)
- Cleaning supplies (e.g. brooms, mops, trash bags)
- Personal protective equipment (e.g. gloves, masks, safety goggles)
- Communication tools (e.g. radios, cell phones)
- Surveillance equipment (e.g. cameras, recording devices)
- Legal research tools (e.g. online legal databases)
- Transportation tools (e.g. gas cards, GPS devices)
- Payment processing tools (e.g. credit card readers, invoicing software)
Industry Examples of Eviction Service
Common products and services typical of NAICS Code 561990-05, illustrating the main business activities and contributions to the market.
- Tenant eviction services
- Landlord eviction services
- Property management eviction services
- Commercial eviction services
- Residential eviction services
- Eviction notice services
- Court filing services
- Tenant screening services
- Legal eviction services
- Sheriff eviction services
Certifications, Compliance and Licenses for NAICS Code 561990-05 - Eviction Service
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Certified Property Manager (CPM): A certification that demonstrates expertise in managing properties, including knowledge of leasing, maintenance, and financial management. Offered by the Institute of Real Estate Management (IREM).
- Certified Apartment Manager (CAM): A certification that demonstrates expertise in managing apartment communities, including knowledge of leasing, maintenance, and resident relations. Offered by the National Apartment Association (NAA).
- Certified Occupancy Specialist (COS): A certification that demonstrates expertise in affordable housing programs, including knowledge of eligibility requirements, rent calculations, and compliance. Offered by the National Center for Housing Management (NCHM).
- Fair Credit Reporting Act (FCRA) Compliance: A regulation that governs the collection, dissemination, and use of consumer credit information. Eviction services must comply with FCRA requirements when conducting background checks on tenants.
- Fair Debt Collection Practices Act (FDCPA) Compliance: A regulation that governs the collection of debts by third-party debt collectors. Eviction services must comply with FDCPA requirements when attempting to collect unpaid rent or other debts from tenants.
History
A concise historical narrative of NAICS Code 561990-05 covering global milestones and recent developments within the United States.
- The "Eviction Service" industry has been around for centuries, with the first recorded eviction taking place in ancient Rome in 450 BC. In the Middle Ages, landlords would hire bailiffs to carry out evictions, and in the 19th century, the process became more formalized with the introduction of court orders. In the United States, the eviction process has evolved over time, with the first eviction laws being passed in the 1800s. In the 20th century, the process became more regulated, with the introduction of the Uniform Residential Landlord and Tenant Act in 1972, which standardized eviction procedures across the country. In recent years, the industry has seen a rise in technology, with the introduction of online eviction services and software that streamlines the process.
Future Outlook for Eviction Service
The anticipated future trajectory of the NAICS 561990-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The eviction service industry in the USA is expected to grow in the coming years due to the increasing number of renters and the rising demand for eviction services. The industry is also expected to benefit from the growing number of property management companies and the increasing number of landlords who are outsourcing their eviction needs. However, the industry may face challenges due to the changing legal landscape and the increasing competition from alternative dispute resolution methods. Overall, the industry is expected to experience moderate growth in the coming years.
Industry Innovations for NAICS Code 561990-05
Recent groundbreaking advancements and milestones in the Eviction Service industry, reflecting notable innovations that have reshaped its landscape.
- Online Eviction Services: Many eviction service providers are now offering online eviction services, which allow landlords and property managers to initiate the eviction process online. This has made the process more convenient and efficient for both landlords and tenants.
- Tenant Screening Services: Some eviction service providers are now offering tenant screening services, which allow landlords to screen potential tenants before renting out their properties. This has helped landlords to avoid problem tenants and reduce the need for eviction services.
- Alternative Dispute Resolution: Some eviction service providers are now offering alternative dispute resolution services, which allow landlords and tenants to resolve disputes without going through the eviction process. This has helped to reduce the number of evictions and improve landlord-tenant relationships.
- Mobile Eviction Services: Some eviction service providers are now offering mobile eviction services, which allow landlords and property managers to initiate the eviction process from their mobile devices. This has made the process more convenient and efficient for landlords and property managers.
- Eviction Prevention Services: Some eviction service providers are now offering eviction prevention services, which help tenants to avoid eviction by providing them with financial assistance, legal advice, and other support services. This has helped to reduce the number of evictions and improve tenant outcomes.
NAICS Code 561990-05 - Eviction Service
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