MHCO Article Topics
Property Management
Tenant Files
Before any tenant moves into your community the tenant's file should contain the following information:
Security Deposits
A landlord may require the payment of a security deposit (ORS 90.295). The landlord may claim from the security deposit only the amount reasonably necessary to:
Required Provisions of a Rental/Lease Agreement
The required provisions of a rental/lease agreement are covered in ORS 90.510(5). These requirements include:
The "Red Flags" Rule: What You Need to Know
MHCO Note: At the time of this printing, the Federal Trade Commission still has the effective date for enforcement of the Red Flags Rule as December 31, 2010. Exemptions for specific industries have been granted as late as the first week of December 2010. MHCO and MHI are conducting research on this topic and will be providing additional information as it becomes available.
Fees and Deposits with regards to Rental/Lease Agreement
- A landlord may charge a screening fee solely to cover the costs of obtaining information on the applicant. The landlord must provide the applicant with a receipt for any such screening fee.
- A landlord may not charge non-refundable fees to secure a signing of a rental agreement.
- A landlord may charge a deposit to an applicant for the purpose of securing the execution o
Acceptance Briefing
Once you have determined that an individual is qualified to live in the community and all the proper documentation has been explained and signed, you should consider a meeting with the new resident. Use the Park Rules & Regulations as a briefing tool.
Documents Upon Acceptance of Residency
In order to comply with Oregon Law, and to provide accurate records, there are several forms that are to be completed when the applicant is accepted to become a resident in the community. These forms should be completed after you have reviewed the resident's application, and completed all background checks and tenant screening, but before the resident moves into their home.
Department of Housing & Urban Development Requires Re-survey of "Older Persons"
We all know that 80% or more of a community homesites must be occupied by at least one 55+ person, and that documented proof of age must be consistently required to qualify for 55+ status under HOPA. Let's not forget that the requirements also mandate the re-survey.
Screening Fees and Notice
A landlord may require payment of an applicant screening charge solely to cover the costs of obtaining information about an applicant as the landlord processes the application for a rental agreement. (ORS 90.295) This activity is known as screening, and includes but is not limited to checking reference and obtaining a consumer credit report or tenant screening report.
- Previous page
- Page 15