All Forum Posts by: Alan Bosca

Originally posted by @Nick Marrs:

@Alan Bosca where is your project located? What kind of structural work needs to be done? Here in Los Angeles many apartment buildings require a soft story retrofit at the tuck-under open face parking side of the building. Landlords are allowed to increase rent to help offset the cost of the retrofit. If the structural work is due to damage I would check what your building insurance policy covers.

In Santa Monica, so LA area.  

What is my obligation to renters - can they break lease?  What standard of accommodation do they have to get if a move-out is required?

Thx!

Hi -

My condo bldg has structural issues affecting my unit line & my tenant will be asked to move-out.

Does anyone have advice on how I can minimize the downside in terms of lost rent? Can I recover from insurance or the HOA?

Also, if anyone has guidance on how buildings deal with these issues, like a loan to cover the potential 200k+ cost, etc.

The bldg has 20 units.

Thanks in advance!

Hi - I have a tenant who seems poised to sue based on “unfair” HOA fines and damages to our building that he agreed to pay for during a move. The fines are from properly noticed noise complaints. My question is whether he would sue the HOA or me and I’ve have to join the HOA in the suit or mediation if he follows up on his claim that the damage bill was too high or the noise level was not bad. Thanks for input!

Got you - but it sounds like it can be done.

Can I write a lease with a 30 day option to cancel if the tenant is problematic? I’m in CA if that makes a difference. I had a bad last tenant who was butting heads with the HOA & it was a lot of headaches for me. My preference is to provide the tenant & me with the “security” of a year term, but have the option to move on if they’re a problem. Thanks for any input!