If you are an owner who leases a condominium unit, let’s make the leasing experience successful and positive for everyone by informing you of some responsibilities. This will help preserve your property value specifically and maintain the association’s property value in general.
Many times tenants are not familiar with common-interest community living. Landlords should take a few minutes to explain to them that living in a community association is very different from living in a rental apartment community.
Specifically, tenants, like all residents, are subject to the rules and regulations of the association, and it’s up to the landlord to educate them and see that they comply. Most associations will assist in this area, but the responsibility lies solely on the landlord.
It is recommended a landlord provide tenants with written copies of all policies and rules and advise them on the proper use of the association’s facilities.
It is strongly recommended that landlords have a written lease agreement with their tenants. Some associations require a written lease and that a copy be provided to the association. As a lessor of a home in a community association, the lease you use must require tenants to comply with the association’s governing documents.
Some communities require an addendum attached to all leases stating that the landlord has reviewed community policies, the declaration and any other relevant information with the tenant.
In the event your tenant fails to comply with these documents, including the bylaws, or its rules and regulations, a representative of the association will usually first contact the landlord in an attempt to remedy the problem. An association may also send copies of any notice sent to a landlord to the tenant.
Typically associations require a landlord to provide the manager with the names and contact information of tenants. Some associations will add tenants to its mailing list, and they will receive the newsletter, invitations to participate on committees, notices of social activities and general association-related information. This information will also be used in case of emergency.
Follow these simple steps and a landlord, the tenants and the association will all have a positive community association living experience:
· Provide tenants with copies of association rules.
· Educate tenants about the need to follow association rules, and see that they comply.
· Advise tenants on the proper use of association facilities.
· Use a written lease agreement.
· Make sure your lease requires tenants to comply with all the association’s governing documents.
· Provide the association with contact information for tenants.
Source: Community Associations Institute