Renting your property at Waterville Estates can be a feasible approach to deferring ownership costs.  Conversely, without proper paperwork and deposits, owners can find themselves financially accountable for renter conduct without recourse with those renters.

Owners should be sure that renters have a thorough understanding of:

Certain violations of rules will result in the revocation of pass privileges and/or the need for reimbursement for vandalism.  Contractually it is the Owners themselves, and not the renters, who are accountable.  We highly recommend that any rental agreement, includes a commitment to abide by WEA policies in addition to a payment of a performance deposit.  This clause will allow owners to hold renters accountable when we hold owners accountable for the renters’ conduct.  If a renter’s conduct results in the revocation of passes, it could cost up to $300 per pass for new passes.

Here are a few tips we hope will help you with your rental experience:

  • Post opening and closing procedures for your home or condo (close windows, dispose of trash, turn down heat, lock doors, etc)
  • Post important contact information (PD, FD, Recreation Center, maintenance help, etc.)
  • Provide them with a map of Waterville Estates, including where they are staying.
  • Post trash management rules and if your renters are responsible for their own garbage removal.  We often stop renters from filling the dumpsters at the center.
  • Purchase Guest pass or passes (Green card) if your renter is to have access to recreational facilities at the Community Center.
    • Attach the pass(es) lanyard or similar object to dissuade the passes going home with renters in their hip pocket.  We see this a lot.

This is just a short list, but we hope it helps.  It you have any questions or need further clarification please do not hesitate to contact us.

Thank you!