All around the country, people eagerly anticipate the arrival of Memorial Day and the promise of summer that it brings. Over recent years, Memorial Day has evolved into a day to gather for a barbeque or get together with family and friends. Your residents, likewise, will perhaps celebrate Memorial Day with a social event of some kind.
As for parties in your Richardson rental homes, it’s very important to realize what can be done to keep things under control. Read on to grasp a lot more about the top three aspects landlords need to be completely aware of with regards to Memorial Day parties in their rental homes.
1. Put It in the Lease
Preventing your residents’ Memorial Day barbeques from becoming very large affairs that increase the risk of damage and liability could indeed be a challenge. How many people is too many for your property? Can (and should) you try to restrict your residents from consuming alcohol? What is your policy about residents grilling or building fires in the yard? Settling these issues way ahead might aid you when handling and managing your resident’s parties before they ever occur.
The maximum number of party guests, ideal noise levels, and more can all be addressed in your lease documents. The wording in your lease documents has to explicitly limit the number of guests authorized on the property at any given moment, with larger numbers requiring special permission. The definite number differs, though “no more than 10 for fewer than four hours” is a favorite choice.
2. The Do’s and Don’ts of Alcohol and Grilling Policies
Massive get-togethers mostly also involve the consumption of alcohol. Conceding that you can’t legally prohibit alcohol on your property, you can make use of specific language in your lease that talks clearly about illegal activities and also provides the specific consequences of authorizing such activity on your rental property.
Also, when residents wish to grill or otherwise have open flames on the property, the lease should have already explained the rules and safety issues related to fire. Even quality barbeque grills can become a fire hazard if misused, so your lease language must without question disclose whether grills are permitted and under what provisions and terms.
3. Renters Insurance and Renters Legal Liability
Something you must do at all times is to ensure that your residents have their own renters insurance. In case that a big party does happen on the property, the possibility of damage and injury increases considerably. In case damage or injury does transpire, you could be held responsible unless your resident has their own insurance coverage.
In regards to any party or social gathering at this time, please keep in mind the current recommendations by the CDC. Even supposing plenty of areas in the U.S. are opening back up, lots of locations still restrict gatherings to a certain number of people. Guarantee that your Richardson tenants are mindful of current restrictions within their city or state to keep themselves and your community safe and unhurt.
Preserving your rental homes entails that you are diligent in enforcing the terms of the lease agreement. If a party gets out of hand and loud, destructive, or illegal activity is taking place, it’s crucial to act promptly and decisively to hold your residents accountable.
The big news is that you don’t have to execute all this by yourself. At Real Property Management One Source, we will monitor activity in the residence and help you craft lease documents designed to keep party plans within acceptable limits. You can contact us or call us at 214-960-1612 for more info today!
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