General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 12 years ago on . Most recent reply
balcony
I recently purchased 1BR condo on the 3nd floor. It has a balcony. In my opinion it might be a liability. The way its built asks for trouble (1 structure 3 floor high provides support for 2 balconies on 2st and 3nd floor) – its old..not sure its stable etc. I have addressed the problem with HOA and building property management– they don't care – they are only interested in my HOA dues.
Can I specify in my lease agreement something along the lines: it is prohibited to use a balcony, using a balcony poses a risk of an injury and it’s a violation of the lease etc. If a tenant chilling on the balcony falls down (rail was faulty or thw whole thing collapsed)…will they have grounds to sue me ? what shall I do to protect myself and my tenant ?