General Area in Palmdale>Question Details

Rich Mullett, Home Buyer in 91316

Is it harder to rent a home with a pool? Are there legal guidelines that must be followed to rent your pool home?

Asked by Rich Mullett, 91316 Fri Mar 16, 2012

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I am a broker in Palmdale. the advice given below is good. Renting out houses with pools comes with greater liability. Get legal advise so you can have the right wording in your lease. Make sure it is kept safe, security fenses are good... I was told by our attorney to also purchase an umbrella policy. They are not very expensive and some carriers will lower your premiums on your other insrance policies if you get it with same company.
0 votes Thank Flag Link Fri Mar 16, 2012
While their would be a ceratin group of prospective renters that would pass at renting a home with a pool because of their small children. You will find many others who would be interested in the home because of the pool. That being said, I recommend as Don did earlier to speak with an Attorney that specializes in Real Estate law. Do this prior to entering into any agreement to rent the home. There will be additional liability that you as the owner will take on because of the pool when you rent the home. You must understand what that liability will be and make sure that you take the proper legal steps to protect you and your family and that of your renters. Lastly, should you decide to rent the home out, be sure to treat this process as you would any other business. Because that is what it will be. Good luck to you!

Matt
http://www.matthewbartlettrealestate.com
0 votes Thank Flag Link Fri Mar 16, 2012
It can be more difficult. A Realtor familiar with Palmdale would have to address your specific issue. However, it's often more difficult because families with younger children tend to be afraid that their kids will fall into the pool and drown. And if they have pets, they're worried that Fluffy or Rover will fall in.

On the other hand, if most of the other houses in the community have pools, and the climate is hot enough to make pools desirable for an extended period of time, renters may expect a rental to come with a pool.

I'm not aware of any legal guidelines to follow--but I'm not a lawyer, so this isn't legal advice. However, the landlord in any case (pool or no pool) should have an umbrella liability policy on top of his/her regular homeowner's policy. They don't cost much--often a few hundred dollars for each $1 million of liability insurance coverage. And there's a concept called "attractive nuisance"--something like a pool, for example. A lawyer can give you the details. But it means that you should take certain steps to make sure that others can't get injured or killed accidentally. That might, for instance, mean that you'd be better protected if you fenced in the pool area.

Hope that helps.
0 votes Thank Flag Link Fri Mar 16, 2012
Don Tepper, Real Estate Pro in Fairfax, VA
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