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All Forum Posts by: Jennifer Moscatello

Jennifer Moscatello has started 1 posts and replied 3 times.

Post: Oil tank addendum

Jennifer MoscatelloPosted
  • Posts 3
  • Votes 0

Tanks are 220 gallons each, so it does cost a pretty penny to fill them. I charge two months security deposit (roughly $3,850) per unit and have only once needed to deduct for anything other than a cleaning fee. I do background checks on my tenants and only rent to people with 3x the income and credit scores over 700. With these precautions in place, I'm hopeful this addendum will suffice. We've owned this property for 15 years and only once had an issue with a tenant who claimed they weren't informed that it was oil and threatened to sue due to the added expense. That wasn't true (and I had our exchange in writing) so thankfully that sorted itself out.

Post: Oil tank addendum

Jennifer MoscatelloPosted
  • Posts 3
  • Votes 0

Thank you! Easy enough, then. I wasn't sure if I needed to add in anything additional from a legalese perspective. 

Post: Oil tank addendum

Jennifer MoscatelloPosted
  • Posts 3
  • Votes 0

Hi all. I own a 100-year-old two-family investment property in West Hartford, CT that has oil heat; one oil tank per unit. 

The current lease speaks to the fact that the house has oil heat and it's the tenant's responsibility to pay for it via a contract with our chosen provider. I need to put together an addendum speaking to the fact that the tank will be full upon their move-in date and they need to ensure it's full upon their departure — or the $ will be deducted from their security deposit.

Does anyone have an example of an addendum they can share that speaks to this? Moving forward, I'd like to revise my lease agreement to include this language, thereby eliminating the need for an addendum, but at the moment, this is my solve.

Thanks so much! Appreciate the help.