CLASSIC PROPERTY MGT. LLC

PERSONAL SERVICES TO OWNERS & RESIDENTS

HOMES FOR RENT

MEDFORD: 2BR TOWN HOME

ASHLAND: 2BR GAS HEAT

WHY AN APPLICATION?

SCREENING FOR APPLICATION

APPLICATION

DEFINITIONS

PROPERTY MANAGEMENT

RENTERS INSURANCE

CREDIT SCORES FROM FICO

CREDIT REPORTS

CREDIT REPORT ERRORS

ROOMMATES

CRITERIA

MONTH TO MONTH OR LEASE

LANDLORD/TENANT MAIL

BREAK YOUR LEASE?

DAYCARE.. SOME THOUGHTS

FREE RENT, REALLY ?

E MAILING APPS?

WINDOW SAFETY !!

DISCLAIMER

 
A landlord had asked;


“My rental agreement states no business shall be ran out of my rental property. “
Several neighbors complain about the cars and noise starting at 4:00 am, dropping off crying children and car doors slamming.


The young lady doing this is not on the rental agreement, but lives at the house.
When asked the young lady about this she said she was babysitting for her sister.


She later called to tell me it was her girlfriends kids because she has cancer.
She also has her own babysitter to watch her kids which means she is also watching these other children as well.


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So for the teannt and the owner, does the rental agreement address a ‘home business’?

Since it is cars, not a car.. it looks like a business as how many kids can the sister or girlfriend have.

A good rental agreement will address ‘home business’ for both the tenant and the owner, and as there are a variety of types.. it should be broad enough as well...

The most basic concern here for the owner is their liability..
For the tenant, the concern is being legal..and having all the documents and liabilities covered as well.

If they are not the children of the tenant, in this case the ‘young lady’ is not even on the agreement, the activity and children can present a liability.

Action:
Talk to your resident, understand exactly what the situation is... write it down and have them sign and acknowledge it.

Tenant, talk to the owner, be sure they understand and agree and the property insurance is in place before you undertake an activity that could harm you both if something goes wrong.
 Activity for compensation of almost any sort (a hug or barter or money) is a business in many areas of the country.. 

 Establish from the rental agreement what activities are allowed. Be sure your agreement does address this..
 Check with your insurance company to see if it is allowed, or would it be allowed.
 Does the resident have insurance for this activity? Are there releases from the parents?
Check with the city or county.. is ‘daycare’ mandated or not allowed to be regulated.


This is just a start..