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Updated over 9 years ago on .

User Stats

19
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0
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Tim Dastis
  • Cherry Hill, NJ
0
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19
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Lease Structuring Around Parking Ordinance

Tim Dastis
  • Cherry Hill, NJ
Posted

I own a 4 bedroom home in a college town that I am looking to rent next year for the 2016 fall semester, so I have some time here.

The town has an ordinance stating that every tenant age 17+ needs to have a parking spot on the property.  No street parking is permitted.  Ideally I want to rent to 4 people, but only have 3 "legal" spots.  You can probably fit 4 cars easily on the property's driveway but according to the town's definition the 4th spot is too small.  There is a big fight going on with this between the township and the landlords but there is no resolution yet. 

I have talked to some other landlords but I haven't gotten a clear answer yet - I definitely plan to consult an attourney to draft this correctly but I want to get BP's opinion.  I want to draft a lease for 3 occupants, report this to the township, and then ammend the lease to add the 4th person.  Is this possible, legal, moral?  If so, please provide me with some guidance, thanks!