Many people in the United States look forward to New Year’s Eve. It is one of the major social holidays of the country. People across the nation either go to their homes and have a small gathering, attend private parties, or go all out and celebrate at large public events. They celebrate as they say goodbye to the year that has passed and they say hello to the year that has come. Your Gainesville tenants will probably do something similar and hold some kind of social event to celebrate New Year’s Eve. For this reason, on the subject of your renters throwing parties in one of your rental homes, it’s vital to recognize what options you have to keep these parties from spiraling out of control. You can take the proactive path: from the language in your lease documents to proper enforcement of its terms.
Keeping your tenants’ New Year’s Eve celebrations from growing into big parties that increase the risk of damage and liability can be difficult. As an example, suppose a tenant throws a party on your property. What would be the maximum number of people allowed at the party? Can you or should you restrict your tenants from drinking alcoholic beverages? What if your tenants want to greet the new year with a bang and set off fireworks or noisemakers at midnight?
These questions and others like them can all be handled proactively in your lease documents. The wording in your lease should explicitly define how many people are allowed on the property at any given moment, with larger numbers needing specific permission from the property owner. The specific number can vary, but “no more than 10 for fewer than four hours” is a popular option.
While you can’t lawfully prevent alcohol consumption on your premises, you can incorporate specific language in your lease that addresses illegal activities. This will make your intentions toward your renters clear, but you also need to write down the specific consequences of allowing such type of activity on your rental property in Gainesville. You may also want to include prohibiting unreasonably large crowds, lots of vehicles, or very loud noise. Fireworks ought to be prohibited at all of your rental homes, and you might need to insert a special note that calls attention to certain holiday-related activities (loud music or noisemakers, for example) that would turn the house into a public nuisance, disturbing everyone in the neighborhood.
You can also have your tenants get their own renters insurance and include renters legal liability with it. Because, if your tenants insist to have a large party on the property, the odds of damage and injury increases considerably. If damage or injury does happen during the event, you could be regarded as answerable unless your tenants have their own insurance coverage.
Finally, you must be diligent in enforcing the terms of the lease agreement. This is the only way you can make sure your rental home stays protected. If a party gets too rowdy and loud, destructive, or illegal activity is taking place, it’s critical to act quickly and firmly to hold your renters accountable.
The good news is that there is no need for you to do all of this alone. At Real Property Management Diversified, we will ensure that your lease documents include specific and binding language while monitoring activity, watching for those things that may not comply. To know more about what we can do for you, please contact us online or give us a ring at 352-854-2221.