New Year’s Eve celebrations are huge in the United States. It is one of the country’s main social holidays. People all over the country meet in their homes, join private parties, or celebrate at huge public events to say goodbye to the old year and greet the new. Your Grand Rapids tenants, too, will probably celebrate New Year’s Eve with some kind of get-together. Because of this, when the subject of your renters throwing parties comes up, you’ll need to know what steps you can take to protect your rental home and keep the parties from getting out-of-hand. You can take a proactive approach: from the language in your lease documents to proper enforcement of its terms.
Making sure your tenants’ New Year’s Eve celebrations don’t turn into huge events that increase the risk of damage and liability can be quite hard. To illustrate, if there is a party in your property, how many people are allowed to join? Should you or can you even legally restrict your tenants from serving alcoholic beverages? Suppose your tenants want to celebrate traditionally by setting off fireworks or noisemakers at midnight?
Issues like these can all be seen to in your lease documents. The wording in your lease should explicitly state the maximum number of people allowed on the property at any particular time; and if more guests are needed, special permission should be required. The specific number can vary, but “no more than 10 for fewer than four hours” is a popular option.
While you can’t legally forbid your renters from drinking alcohol, you can incorporate specific language in your lease that addresses illegal activities, and set clear specific consequences of permitting such action on your rental property in Grand Rapids. You might also think about prohibiting huge amounts of people, extreme noise, or lots of cars. Fireworks should be banned at all of your rental homes, and you might need to emphasize holiday-related activities (such as loud music or the use of noisemakers) that would generate a public nuisance for everyone in the area.
Another possibility is having your tenants purchase renters insurance and include renters legal liability. Because, in the event that they host a large party on the property, the chances for damage and injury increases considerably. If damage or injury does occur, you could be held responsible unless your tenants have their own insurance coverage.
Finally, to make sure your rental home is protected, you must be diligent in enforcing the terms of the lease agreement. If a party gets disruptive and loud, destructive, or illegal activity is taking place, it’s necessary to be swift and decisive in holding your renters accountable.
The great news is you don’t have to deal with all of this by yourself. At Real Property Management Investment Solutions, we will ensure that your lease documents include specific and binding language while monitoring activity, watching for those things that may not comply. If you want to know more about what we can do to serve you, don’t hesitate to contact us online or call us at 616-419-8880.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.