New Year’s Eve is an important social holiday in the United States. People across the entire country join together in their homes, show up at private parties, or celebrate at large public events to bid farewell to the old year and say hello to the new. Your Saratoga Springs tenants, too, will probably celebrate New Year’s Eve with a social event of some kind. That’s why, with respect to your renters throwing parties in one of your rental residences, it’s critical to clearly see what can be acted upon to keep parties in check and how to have a take-the-initiative approach, from the language in your lease documents to proper enforcement of its terms.
Keeping your tenants’ New Year’s Eve celebrations from transforming into monstrous events that increase the risk of damage and liability can be a challenge. As an illustration, how many people is too many when arranging a party on your property? Can (and should) you try to not allow your tenants from knocking back alcohol? What if your tenants want to fire up fireworks or noisemakers at midnight?
These questions (and more) can all be deliberated upon in your lease documents. The wording in your lease should, in specific terms, confine the number of guests acceptable on the property at any point in time, with greater numbers commanding special agreement. The particular number can vary, but “no more than 10 for fewer than four hours” is a renowned probable choice.
Even though you can’t legitimately refuse the indulgence of alcohol by your renters, you can include explicit language in your lease that addresses illegal activities and sets out the detailed consequences of enabling such activity on your rental property in Saratoga Springs. You might also look at barring great numbers of people, an undue level of noise, or a substantial number of cars. Fireworks have got to be banned at all of your rental homes, but you could also think about preparing a special note of holiday-related activities (such as loud music or noisemakers) that would develop into a public nuisance for the rest of the neighborhood.
One extra thing you can do is to make sure that your tenants have their own renters insurance including renters legal liability. On that occasion that a huge party does ensue on the property, the propensity for damage and injury sharpens highly. If damage or injury does take place, you could surely be held liable unless your tenants have their own insurance coverage.
In the final analysis, securing your rental homes asks for you being diligent in observing the terms of the lease agreement. If a party starts to be unmanageable and loud, destructive, or prohibited activity happens, it’s necessary to act quickly and deliberately to hold your renters accountable.
The good news is that you don’t really have to do everything alone. At Real Property Management Utah County, we will establish that your lease documents involve specific and binding language while monitoring activity, looking closely for those things that may violate. Please contact us online or by phone at 801-224-0033 to ascertain more about what we can do for you.