Suggestions for Vanguard landlords


Subject: Suggestions for Vanguard landlords
From: Jim Thomas (jthomas@math.niu.edu)
Date: Sun Jan 31 2010 - 16:51:16 CST


Given the number of issues with landlords/renters in the past year,
owners who rent out their unit might consider the following:

1) Many leases that I've read do not include a provision requiring
renters to reimburse the owners for fines resulting from rules
violations. Given the increased number of absentee owners and
corresponding problems, the Board's philosophy of friendly warnings for
the same problems that keep happening is diminishing.

2) Obtain a signed assurance that you have explained key rules to
tenants, including parking, noise, smoking, bike/dog registration and
rules (including no dogs/bikes in front lobby)

3) Get your tenants on the Vanguard discussion list and/or send the
Board their email address. It saves everybody time and grief if we can
communicate directly.

Those three items would make everybody's life a bit smoother.

Jim



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