Renting in a Community Association
If you are an owner who leases your unit, we’d like to make the leasing experience successful and positive for everyone by informing you of your responsibilities. This will help preserve your property value specifically and maintain the association’s property value in general.
Your tenants may not be familiar with common-interest community living. Please 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, your tenants, like all residents, are subject to the rules and regulations of the association, and it’s up to you to educate them and see that they comply. The association will assist you in this area, but the responsibility lies with you. We recommend you provide your tenants with written copies of all policies and rules and advise them on the proper use of the association’s facilities. You can obtain copies of these and other useful documents from the manager.
We strongly recommend that you have a written lease agreement with your tenant. As a lessor (landlord) of a home in a community association, the lease you use must require tenants to comply with the association’s governing documents. 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 first contact your tenants in an attempt to remedy the problem. The association will send you a copy of any notice sent to your tenant.
If the tenant does not correct the violation, the association will contact you and expect you to remedy the violation using the recourse available to you through your lease agreement. If you are unable to correct the violation, the association may pursue appropriate legal action against the tenant, and possibly against you.
Follow these simple steps and you, the tenants and the association will all have a positive community association living experience:
- Provide your 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 association governing documents.
- Provide the association with contact information for your tenants.
Renters: If you don’t have a copy of the association rules or you’d like more information about the association, please contact a board member or the property manager.
If you have questions about your home or are having problems with a tenant complying with your Association’s governing documents, call us today and see what we can manage for you.
Find Out What Your Property Can Rent For.
Do you have real estate in Central Oregon? As property values continue to increase, some people are surprised about which city was named one of the fastest growing in the nation! Bend, Oregon is home to much more than ski resorts and hiking trails. Saddled along the Deschutes River and the Cascade Range, the city of Bend offers a unique landscape of forests transitioning to high desert. While some folks visit Bend for its microbreweries and recreational activities, many choose to stay and make this a place to call home. Whether you’re raising your family here or exploring the National Forest or Lava Caves, Bend holds numerous investment opportunities for those adventurous enough to be in one of the three only cities in the U.S. that has an extinct volcano in its city limits.