Wednesday, February 26, 2014

Reminders To Maintaining Positive Community For Renters

By Krystal Branch


Transient stay is becoming common nowadays. More people are resorting to renting due to the increasing costs of acquiring and maintaining their real estate property. With this trend comes the need to impose policies that can help maintain good relationships among the community for renters. This is beneficial not only to the tenants, but also to the landlords.

Housing has undeniably been a concern for many. For a lot of people who cannot afford to buy their own property, leasing is a perfect solution. Moreover, there are people who just need a temporary place to stay and may find the idea of purchasing their own home unreasonably expensive.

As one of the primary social concerns, the government has programs that provide qualified residents the funds and support for their housing needs. This offer is usually given on top of the public housing assistance in each area. Besides that, there are non government organizations who supports the project.

Leasing can be short or long term. At times, however, the renter may be given the opportunity to own the property eventually. There are leasing agreements that award the property to its tenant after years of renting. Meanwhile, there are also instances when the landlord forcibly evicts the tenants because they will be using the property for themselves.

Unwilling ejection of tenants is not uncommon. In fact, there were sensationalized legal battle between the landlords and their tenants for this ground. In an effort to stop this problem and protect the rights of all parties involved, rules and restrictions were set. There are specific terms and conditions in the leasing agreements aside from government mandated policies.

Leasing can also be advantageous to the property owners. This is one solution that can prevent foreclosure of property. If the owner is financially burdened, he can lease the property to someone else. Moreover, this prevents issues that are common in unused units like piping problems. Since the heating system is used, the condition of the pipes are well maintained.

Nonetheless, there are also issues that come with this arrangement. There are some tenants who do not take care of the property since it is not theirs. This may lead to a drastic increase in the maintenance and insurance costs of the real estate. If the tenant and the landlord do not actively participate in the community activities, the sense of sociability may also suffer.

Some states and even local governments have enacted rules and guidelines in tenancy that outlines the responsibilities of both the tenants and the landlords. It is best, however, that screening process are done before getting into a tenancy agreement. It is on that screening process wherein both parties could discuss the rules, expectations and procedure in cases of violations.

In conclusion, the best way to maintain the relationship is by a thorough comprehension of the rules and restrictions. Active participation can also help to foster positive relations. As a general rule, the property owners must be fair and reasonable, while the renters must show a sense of responsibility. Finally, if misunderstanding arise, both parties must mend the differences on their own before taking legal actions.




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