Property Management – Encino – Landlords, tenants, property management and HOAs
ENCINO PROPERTY MANAGEMENT
Landlords, tenants, property management and HOAs
The relationship between landlords and tenants can get complicated. But when you add a homeowner’s association (HOA) into the mix as well, it gets even more complex.
The first thing to know about an HOA is that it is a legal body created to maintain common areas in a neighborhood/housing development and to maintain the quality and value of properties involved in the HOA.
This organization has direct authority over property owners, but not over renters. If, however, a tenant breaks association rules, it does have the right to call the proper authorities to take action against that individual.
If you are a landlord who belongs to an HOA, you are responsible for ensuring that tenants adhere to association rules. The best way to prevent rule violations is to provide written copies of all HOA policies and rules and to make sure your lease agreement is also in writing and adheres to the HOA’s governing documents.
Should a tenant in a home, condominium or multi-family housing unit violate a policy or rule, you will need to remedy the situation using resources available to you in your lease contract. If the violation results in fines, you must pay the HOA and then be reimbursed by the tenant. If you fail to correct the problem, then the HOA can take legal action against you. Here is where you may want to consider hiring a property manager.
Property Management companies are used to dealing with HOA’s and their policies. Property Management companies are also a good way of assuring tenants abide by the HOA’s rules.
Since 1946 the Carnahan name has had a reputation for honest and ethical Real Estate Property Management services in the San Fernando Valley, Santa Clarita Valley, Burbank/Glendale, Los Angeles, Westside and Conejo Valley areas.
The reason for our success is helping owners like you when they need it. Below is a partial list of property management services we provide to help you protect your real estate investment.
- Tenant placement
- Tenant screening (including: credit check, landlord and employment verification, social security trace report, California eviction check and criminal check)
- Regular property inspections
- Accounting and landlord bill payment
- Monthly financial reporting
- Maintenance service and supervision (we use only proven independent vendors)
- Collections
- Evictions
- We supply all the necessary forms to meet California’s Landlord/Tenant laws
- 24 hour emergency phone service
- Advertising to the broadest tenant base possible
Call or e-mail us today for more information. We’re ready to get started!