It is my understanding the landlord is accepting a lower rent per square foot because SYN/HAK is willing to pick up the maintenance risk. V/R Tim Seeley
From: [email protected] [mailto:[email protected]] On Behalf Of Philip P. Patnode Sent: Friday, December 20, 2013 9:08 AM To: SYN/HAK discussion list Subject: Re: [SH-Discuss] roof and basement test opportunity It may be wise to add a clause to the lease that specifically obligates the landlord to maintain the roof and basement in good order and promptly mitigate/repair any water leaks or water damage due to roof leaks or water seepage through the basement walls or a main drain blockage or backup. Also, check to make sure that the tenant insurance policy for SH covers water damage due to roof leaks, wall seepage, and drain backups. Some policies omit such water-related coverage. Much easier to get money from an insurance company than by suing a landlord for property damages. Another non-voting, non-member, but supportive fan of SYN/HAK, PPP On Fri, Dec 20, 2013 at 8:32 AM, Seeley, Tim (PSA-Akron) <[email protected]<mailto:[email protected]>> wrote: The weather man says we are in for a three day rain. This will make for a fairly good stress test of 48 Summits roof and basement situation. It would be wise to hold off signing the lease to see how large of a maintenance issue SYN/HAK will be taking on. It probably still will be a good idea to move ahead on the project, but better to go in eyes wide open. Having the owner come see any ill effects might offer some last minute negotiation material. A non-voting suportive fan of SNY/HAK Tim Seeley _______________________________________________ Discuss mailing list [email protected]<mailto:[email protected]> https://synhak.org/mailman/listinfo/discuss
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