13 Mar Rental Registration Programs: A Simple Solution
The year-end mailing from the association arrives. It includes a budget, a newsletter, policy reminders and a rental registration form. The homeowner groans. He knows that keeping these forms current is going to be a challenge and sets it aside. After thinking about it for a while, he gets angry. Why should he have to fill out this form? If he lived in the home, he wouldn’t have to fill out a form like this, so why make his tenants! It’s unfair to owners who rent!
Except, if the owner did live in the house, he would have supplied all the information at purchase. The association would have an e-mail so they could send information about the pool opening or a phone number for who to call in case of an emergency.
Rental registration and leasing programs come in various sizes and shapes. Some are about ensuring who the onsite point of contact is; others are about ensuring the properties are not leased to a criminal element.
In general, leasing programs come about as a result of a situation that occurred in the neighborhood. Maybe a resident was away, and someone notice a broken window. Who do they contact? Or maybe there was a drug house in the subdivision next door. A police presence often launches this discussion.
For homeowners who rent their properties, it’s important to stay on top of any discussions about making or changing existing rental registration programs. You can guide the conversation to a reasonable conclusion by supplying options and being transparent. A simple dialog will let you identify the reason why this program is being suggested and then you can be part of creating a solution.
Most importantly, don’t try to rent the home outside an established process. This is only going to aggravate the association and could ultimately cost you a substantial amount in fines and legal fees.
Think of it this way, being part of the solution will help create a better relationship with your neighbors. And this will generate a better climate for future tenants. If your tenant feels more a part of the community, they’re likely to stay in the home for a longer period of time. And that benefits you and the association. It’s a simple solution.