Those owners who choose
to rent their units carry the largest responsibility. Not being there or
personally knowing your tenant is no excuse for shirking the burden.
Signing a lease does not abdicate the owner from assuming responsibility
for their Unit therefore, The Harborhead Condominium Board of Directors
has recently approved establishing an In-house Security Deposit for all
rental units. The Security Deposit has been instituted to protect our
property and provide the same control common in many other Condominiums.
Owners will be held financially responsible for damage,
injury, destruction or other expenses caused to common property, pool
facilities and/or other units by themselves, their children, guests,
tenants or pets.
Deposit policy is defined as follows:
returnable security deposit will be required on all units being rented
effective January 1, 2008
The unit owner will be required to provide a
copy of the rental lease to the Management Company WITH ALL
OCCUPANTS LISTED. Failure to do so will result in $500 fine.
Lease Addendum can be downloaded here.
Security Deposits collection and return will
be administered separately from Maintenance Fee payments and
Owners are responsible for educating tenants
and guests on the rules and regulations of Harborhead and assuring their
compliance. Tenants must cooperate with the Management Company and/or
other contractors when access to the unit is required for repairs and
other necessary functions.
The Association will notify the unit
owner promptly if a Rental Security Deposit is not being fully refunded
so the charge can be applied to the renter before their Security Deposit
is returned by the unit owner (e.g. within 30 days).
SECURITY DEPOSITS WILL BE FORFEITED IF IT
FOUND THAT A RENTAL UNIT IS BEING OCCUPIED BY ANYONE OTHER THAN THOSE
LISTED ON THE RENTAL AGREEMENT.
POINT PLEASANT BEACH TOWNSHIP
THE TERM RENTAL SHALL INCLUDE THE USE OF A
RESIDENCE BY SOMEONE OTHER THAN THE OWNER EVEN THOUGH NO FUNDS ARE
TRANSFERRED FOR SAID USE.
Mike Koen, Managing Agent
Property Management Services, LLC
P.O. Box 232
Bay Head, NJ 08742