Legal Liability

The way a tenant lives in the property may also be a serious problem. No tenant ever tells you they intend to abuse the property. Experience has proven that a certain number, although small, will violate important terms of the lease. One example we found was an illegal child care center (eight children per day under the age of six) at one of the properties. The lease prohibited such activity. To make matters worse, the tenant was not licensed and carried no insurance as required by Colorado law. The legal liability to our firm and the client was a frightening thought.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com

Potential Problem

Tenants will generally call for repairs when something is so broken it causes a direct, annoying problem. However, if the repair does not rise to that level, you may only hear about it after it has become a major problem. The best example is grouting around ceramic tile in the bathtub. A $60 minor repair job could prevent extensive damage and possible replacement of the drywall behind the tile, thus saving major dollars. The Maintenance Survey will spot this type of potential problem.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com

Why Planned Surveys?

Why have planned maintenance/condition survey programs? The reasons fall into two categories. The first, preventative or proactive maintenance  may save your clients significant dollars as well as protecting the safety and health of the tenants. The second, ascertaining the tenant living conditions in the unit, may prevent illegal activity or high make-ready costs for a new occupant.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com