Keeping your tenants’ New Year’s Eve celebrations from altering to an immense affair that increases the risk of damage and liability can be an obligation. Such as, how many people are too many when establishing an affair on your property? Can (and should) you try to inhibit your tenants from using alcohol? What if your tenants want to flare up fireworks or noisemakers at midnight?
These disputes (and more) can all be directed in your lease documents. The wording in your lease should explicitly state the number of visitors recognized on the property at any given time, with greater numbers requiring exclusive clearance. The specific number can vary, but “no more than 10 for fewer than four hours” is a popular option.
While you can’t permissibly inhibit the use of alcohol by your renters, you can input specific language in your lease that addresses illegal activities and determine the specific consequences of approving such interest on your rental property in Moorpark. You might also review prohibiting monumental numbers of people, an extreme level of noise, or a great number of vehicles. Fireworks should be inhibited at all of your rental homes, but you might reflect making an exclusive reminder of holiday-related activities (such as tumultuous melody or noisemakers) that would fabricate a public nuisance for the rest of the suburb.
Another thing you can do is to ensure that your tenants have their own renters insurance among other things renters legal liability. In the likelihood that a large party does materialize on the property, the probability of damage and injury increases considerably. If damage or injury does occur, you could be held constrained unless your tenants have their own insurance coverage.
Finally, protecting your rental homes requires that you are meticulous in enforcing the terms of the lease agreement. If an affair becomes disorderly, loud, destructive, or illegal activity is in progress, it’s pivotal to act swiftly and forcefully to make your renters accountable.
The best thing is that you don’t have to do all of this on your own. At Real Property Management Ventura County, we will ensure that your lease documents include specific and binding language while monitoring activity, watching for those things that may not comply. Please contact us online or by phone at 805-387-3682 to learn more about what we can do for you.