Storm Watches, Warnings, Advisories
Gaston Reboredo • September 30, 2022
It is very important to become familiar with all the terms used by the National Hurricane Service when a tropical storms is heading to our area. Tenants and Landlords must prepare for the storm in a timely manner and follow all instructions from the local authorities. An excellent resource of information is the NHS website at https://www.nhc.noaa.gov/
Let's see some definitions:
- Tropical Weather Outlook: The Tropical Weather Outlook is a discussion of significant areas of disturbed weather and their potential for development during the next 5 days. The Outlook includes a categorical forecast of the probability of tropical cyclone formation during the first 48 hours and during the entire 5-day forecast period. You can also find graphical versions of the 2-day and 5-day at the NHS Website
- STORM OR HURRICANE WATCH:
- Storm Surge Watch: There is a possibility of life-threatening inundation from rising water moving inland from the shoreline somewhere within the specified area, generally within 48 hours.
- Hurricane Watch: Hurricane conditions (sustained winds of 74 mph or greater) are possible within your area. Because it may not be safe to prepare for a hurricane once winds reach tropical storm force, The NHC issues hurricane watches 48 hours before it anticipates tropical storm-force winds.
- Tropical Storm Watch: Tropical storm conditions (sustained winds of 39 to 73 mph) are possible within the specified area within 48 hours
Listen closely to instructions from local officials on TV, radio, cell phones or other computers for instructions from local officials. Evacuate if told to do so. This is the time to prepare for the storm. Check all supplies you may need. Make a list of anything you need to buy and do so in the next few hours.
STORM OR HURRICANE WARNING:
- Storm Surge Warning: There is a danger of life-threatening inundation from rising water moving inland from the shoreline somewhere within the specified area, generally within 36 hours. If you are under a storm surge warning, check for evacuation orders from your local officials.
- Hurricane Warning: Hurricane conditions (sustained winds of 74 mph or greater) are expected somewhere within the specified area. NHC issues a hurricane warning 36 hours in advance of tropical storm-force winds to give you time to complete your preparations. All preparations should be complete. Evacuate immediately if so ordered.
- Tropical Storm Warning: Tropical storm conditions (sustained winds of 39 to 73 mph) are expected within your area within 36 hours.
- Extreme Wind Warning: Extreme sustained winds of a major hurricane (115 mph or greater), usually associated with the eye-wall, are expected to begin within an hour. Take immediate shelter in the interior portion of a well-built structure.
Please note that hurricane and tropical storm watches and warnings for winds on land as well as storm surge watches and warnings can be issued for storms that the NWS believes will become tropical cyclones but have not yet attained all of the characteristics of a tropical cyclone (i.e., a closed low-level circulation, sustained thunderstorm activity, etc.). In these cases, the forecast conditions on land warrant alerting the public. These storms are referred to as “potential tropical cyclones” by the NWS.
Hurricane, tropical storm, and storm surge watches and warnings can also be issued for storms that have lost some or all of their tropical cyclone characteristics, but continue to produce dangerous conditions. These storms are called “post-tropical cyclones” by the NWS.
Listen closely to instructions from local officials on TV, radio, cell phones or other computers for instructions from local officials. Evacuate if told to do so. This is the time to prepare for the storm. This is the time to put up shutters, bring in all patio furniture, exterior items, plants, anything that cannot be secured. This is also the time to effectuate your hurricane plan, either evacuate by going to a shelter, hotel, leaving the area to a friends house or stay home if you are not in an evacuation area.
What are advisories?
- Tropical Cyclone Public Advisory: The Tropical Cyclone Public Advisory contains a list of all current coastal watches and warnings associated with an ongoing or potential tropical cyclone, a post-tropical cyclone, or a subtropical cyclone. It also provides the cyclone position, maximum sustained winds, current motion, and a description of the hazards associated with the storm.
- Tropical Cyclone Track Forecast Cone: This graphic shows areas under tropical storm and hurricane watches and warnings, the current position of the center of the storm, and its predicted track. Forecast uncertainty is conveyed on the graphic by a “cone” (white and stippled areas) drawn such that the center of the storm will remain within the cone about 60 to 70 percent of the time. Remember, the effects of a tropical cyclone can span hundreds of miles. Areas well outside of the cone often experience hazards such as tornadoes or inland flooding from heavy rain
Our recommendation is that at the beginning of hurricane season, June 1, you must have your hurricane kit ready with all needed and required supplies and also have your hurricane plan in place, check if you are located in an evacuation zone and check the protection your property has. You also should check your lease agreement to verify who is responsible to protect the home from the storm and review your insurance policies for hazard coverage, wind coverage and flood coverage. Tenants must check their renters insurance policy since the landlord's policy will not cover any of their personal property or liability or injury that may happen due to the storm.
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In the world of property management, insurance is one of the critical elements that ensure both the landlord’s and the property management company's protection from potential risks and liabilities. One of the common practices in property management is for the management company to be named as an "additional insured" on the landlord’s liability insurance policy. But what exactly does this mean, and what requirements must be met for a property management company to be added as an additional insured? This blog will delve into what it means to be an additional insured, the benefits and coverages it provides, and the steps involved for a property management company to be included in a landlord’s liability insurance. What is an Additional Insured? An "additional insured" is a person or entity that is covered under someone else's insurance policy. In the context of property management, this means that the property management company is protected under the landlord's insurance policy in case of claims or lawsuits related to the management of the property. By being named as an additional insured, the property management company receives many of the same protections as the landlord, particularly when it comes to liability claims. For instance, if a tenant or visitor is injured on the property and decides to file a lawsuit, both the landlord and the property management company could be named in the lawsuit. If the property management company is listed as an additional insured, the insurance policy will provide coverage for both parties in defending against the claim, thus reducing the property manager’s potential exposure to financial loss. Why Should a Property Management Company Be Added as Additional Insured? Adding a property management company as an additional insured is a common industry practice and offers several advantages for both landlords and property managers. Protection Against Liability Claims: One of the primary reasons to add a property management company as an additional insured is to protect them from potential liability claims. Since property managers are responsible for handling various aspects of the property, from repairs and maintenance to tenant relations, they are at risk of being named in lawsuits. As an additional insured, the property management company is shielded from these risks and can rely on the landlord’s insurance policy to handle claims related to their activities. Risk Mitigation: Having a property management company named as an additional insured helps mitigate risks for both the landlord and the property manager. It ensures that there is adequate coverage for potential claims that could arise from the property’s day-to-day management. This reduces the likelihood of disputes between landlords and property managers over who is liable for a particular claim, streamlining the process for addressing legal matters. Cost Savings: If a property management company is added as an additional insured, they do not need to carry separate liability insurance for that specific property. This can result in cost savings for the management company, which can be passed on to landlords in the form of reduced management fees. Of course, property management companies must carry their own general liability and professional liability insurance policies but being named as additional insured on a landlord's liability policy avoids the need of carrying a liability policy for that specific property which results in savings of operating costs and therefore provides the abiity for the management company to pass on those savings to the landlord in the form of lower management fees. What Coverages are Provided When a Property Management Company is Named as Additional Insured? When a property management company is added as an additional insured, they receive coverage for a wide range of potential claims and liabilities, including: General Liability Coverage: This is the core coverage that a property management company benefits from as an additional insured. General liability insurance covers bodily injury and property damage that occurs on the rental property. For example, if a tenant trips and falls due to a poorly maintained stairway, and both the landlord and property management company are sued, the insurance policy will cover the costs of defending the lawsuit, as well as any potential settlements or judgments. Property Damage Claims : If damage occurs to a tenant’s property or personal belongings due to the negligence of the property manager (for instance, a leak that was not promptly repaired), the additional insured coverage can protect the management company from liability. Legal Defense Costs: In the event that a property management company is sued, the insurance policy will cover legal defense costs, including attorney fees, court costs, and any other related expenses. This is particularly important as legal fees can quickly add up, even if the property manager is ultimately not found liable. Errors and Omissions (E&O): In most cases E&O coverage is provided as a separate liability policy that is obtained by the property management company at no cost to the landlord Requirements for Adding a Property Management Company as Additional Insured For a property management company to be added as an additional insured, several steps and requirements need to be met: Landlord Consent: The landlord must first agree to include the property management company as an additional insured on their insurance policy. This is typically negotiated as part of the property management agreement. It is in the best interest of both parties, as it ensures comprehensive coverage for any incidents that occur on the property. Endorsement: Adding a property management company as an additional insured usually requires an endorsement to be added to the landlord’s existing policy. This endorsement officially extends the coverage to include the management company. The landlord must request this endorsement from their insurance provider, and there may be a small fee associated with adding it. Policy Limits and Coverage Types: It is essential that the landlord’s policy has adequate limits and the right types of coverage. Property management companies should ensure that the policy includes sufficient general liability coverage, as well as coverage for property damage, bodily injury, and other risks specific to the management of rental properties. Verification and Documentation: Once the property management company is added as an additional insured, it is important to obtain a certificate of insurance (COI) from the landlord’s insurance provider. This document serves as proof that the management company is covered and can be kept on file for reference. Property managers should periodically verify that the coverage remains active and up-to-date, particularly when policies are renewed or if the landlord changes insurers. Adding a property management company as an additional insured on a landlord’s liability insurance policy is a crucial step in mitigating risks and ensuring comprehensive protection for both parties. By understanding what additional insured status means, what coverages it provides, and the steps involved in obtaining this coverage, property management companies can better protect themselves from potential liabilities and provide landlords with greater peace of mind. For landlords, including their property management company as an additional insured is a relatively simple process that can prevent costly legal battles and ensure seamless management of their rental properties. As with all aspects of property management, clear communication and well-defined agreements are key to protecting both parties and ensuring the long-term success of the property management relationship.
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Choosing the right tenant for your rental property is one of the most critical decisions you will make as a landlord. A good tenant can ensure a steady income stream, maintain the property’s condition, and create a positive living environment, reducing the risk of costly repairs and legal disputes. On the other hand, a poorly chosen tenant can lead to frequent late payments, property damage, and a host of other issues that can make your life as a landlord much more difficult. To help you navigate this crucial process, here’s an in-depth guide on how to select the best tenant for your rental property. 1. Conduct a Thorough Screening Process The cornerstone of selecting the right tenant lies in a meticulous screening process. This process should begin with a comprehensive background check. A background check is crucial because it provides insight into the tenant's history, which can be a good predictor of future behavior. This check should include: Credit Check: A tenant’s credit report is a strong indicator of their financial responsibility. It reveals how well they manage their finances, whether they have a history of paying bills on time, and any significant debts they might be carrying. A higher credit score generally indicates that the tenant is reliable in meeting financial obligations. Criminal Background Check: Ensuring the safety of your property and other tenants is paramount. A criminal background check will help you identify any red flags, such as past convictions that might suggest a higher risk of property damage or issues with other tenants. While not all criminal histories should automatically disqualify a potential tenant, it’s important to weigh the nature and severity of any offenses. Eviction History Check: Checking a tenant’s eviction history can provide valuable insights. If a potential tenant has been evicted in the past, it’s crucial to understand the circumstances. Frequent evictions are a red flag and might indicate a pattern of non-payment or lease violations. Employment Verification: Verifying the tenant’s employment is essential to ensure they have a steady income source. Contacting their employer can confirm not only their job status but also their length of employment, which can be a good indicator of stability. Income Verification: Ideally, the tenant’s monthly income should be at least three times the rent amount. This ratio helps ensure that they can afford to pay rent consistently. You can verify this by requesting recent pay stubs, bank statements, or a letter of employment. 2. Assess Financial Stability Financial stability is one of the most critical factors in tenant selection. Even if a tenant has a clean background, if they do not have the financial means to pay rent consistently, they may not be the right fit for your property. Here’s what to consider: Income-to-Rent Ratio: As mentioned earlier, the tenant’s income should ideally be three times the rent. This ratio provides a buffer for the tenant’s other financial obligations and helps reduce the risk of late payments. Savings and Financial Reserves: Tenants with some savings or financial reserves are often better equipped to handle unexpected expenses without defaulting on rent. This information might not always be available, but if a tenant voluntarily shares it, it can be a good sign of financial prudence. Debt-to-Income Ratio: A tenant may have a high income, but if they are also burdened with significant debt, their ability to pay rent consistently could be compromised. Reviewing their debt-to-income ratio can provide a more complete picture of their financial situation. 3. Check References from Previous Landlords References from previous landlords are one of the most valuable tools in your tenant selection arsenal. These references can provide firsthand insights into the tenant’s rental history and behavior. Here’s how to effectively use landlord references: Rent Payment History: Ask previous landlords whether the tenant paid rent on time and if there were any issues with late payments. Consistent on-time payments are a strong indicator of a reliable tenant. Property Maintenance: Inquire about how well the tenant maintained the property. Did they leave the property in good condition? Were there any damages beyond normal wear and tear? A tenant who takes care of the property is less likely to cause expensive damage. Lease Compliance: Did the tenant comply with the terms of the lease? Ask about any issues related to noise complaints, unauthorized occupants, or other lease violations. A tenant who respects the lease terms is likely to be easier to manage. Reason for Moving: Understanding why the tenant is moving can also be telling. Are they relocating for a job, or are they leaving because of unresolved disputes with the previous landlord? The reason for moving can provide context to their application. Verify you are talking to the right person, the actual landlord or agent and that he/she is not trying to get rid of a bad tenant 4. Evaluate Personal Traits and Compatibility While financial stability and a clean rental history are crucial, the tenant’s personal traits also play a significant role. You want to find a tenant who will not only pay rent on time but also be a responsible and respectful neighbor. Here’s what to consider: Communication Skills: Good communication is key to a successful landlord-tenant relationship. Evaluate how responsive and clear the tenant is in their communications during the application process. A tenant who communicates well is likely to report maintenance issues promptly and adhere to lease terms. Respect for Property and Neighbors: Consider the tenant’s attitude toward property maintenance and neighborly behavior. A tenant who shows respect for their living environment and others is likely to be a positive presence in your property. Stability and Longevity: If you’re looking for a long-term tenant, consider their stability. Do they have a stable job or family ties in the area? Tenants who are likely to stay long-term reduce turnover costs and the stress of frequent tenant changes. 5. Trust Your Instincts, But Stay Within Legal Boundaries As a landlord, it’s important to trust your instincts when evaluating potential tenants. If something feels off, it’s worth taking the time to investigate further. However, it’s equally important to ensure that your decision-making process complies with Fair Housing Laws. These laws prohibit discrimination based on race, color, national origin, religion, sex, familial status, or disability. Make sure your criteria are consistent for all applicants and based on legitimate business reasons. 6. Set Clear Expectations Early On Before finalizing your decision, have a detailed conversation with the prospective tenant about your expectations. Discuss: Rent Payment: Clarify when rent is due, how it should be paid, and any late fees that apply. Maintenance Responsibilities: Outline what maintenance tasks the tenant is responsible for, such as yard work or changing air filters. Property Rules: Discuss any property-specific rules, such as noise restrictions, parking arrangements, and pet policies. Clear communication of expectations can prevent misunderstandings and conflicts down the road. It also gives the tenant an opportunity to ask questions and ensure they are comfortable with the terms. 7. Use a Comprehensive Lease Agreement A well-prepared lease agreement is essential to protecting both you and your tenant. The lease should cover all aspects of the tenancy, including: Rent and Deposit Details: Clearly state the rent amount, due date, and security deposit terms. Lease Duration: Specify the lease term and any renewal options. Maintenance and Repairs: Define who is responsible for routine maintenance and how repair requests should be handled. Rules and Regulations: Include any property rules, such as noise restrictions or pet policies. Termination Conditions: Outline the conditions under which the lease can be terminated by either party. Having a comprehensive lease agreement ensures that both parties understand their rights and responsibilities, reducing the potential for disputes. Selecting the right tenant is not just about filling a vacancy; it’s about finding someone who will respect your property, pay rent on time, and contribute positively to the community. By conducting thorough screening, assessing financial stability, checking references, and considering personal traits, you can significantly increase your chances of choosing the right tenant. Remember, a careful selection process is an investment in the long-term success and profitability of your rental property.
