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Investment Unit Letter

FLORIDA CLUB CONDOMINIUM ASSOCIATION, INC.
500 FLORIDA CLUB BLVD
ST. AUGUSTINE, FL  32084
904.829.8115

Dear Owners of Investment Unit:     February 14, 2006


The Board of Director’s would first like to thank all of you for allowing us to serve you this year.  We are proud of the fine reputation the Florida Club has in our community and will strive to do whatever is necessary to protect and preserve your investment and interest.   We are pleased that with the large amount of rentals we do have the vast majority of owners realize the importance of the guidelines in screening potential renters and properly informing their renter(s) of our Rules and Regulations prior to moving in.   Most of your renter’s have added not only to the growth of the Florida Club but have become friends, neighbors and people whom we enjoy residing with. 


We would like to remind you that the Association office does not handle the repairs of the interior of your units.  And although you have given the right of use to your renter the owner is financially responsible for everything that happens to that unit.  The Association has no tolerance for any resident, renter or owner alike, that violates the Rules and Regulations, and we would expect that if a problem were to occur with your renter we would have full cooperation in warning, fining or, although it is not common, an eviction. 


Provided for you is a checklist that should be used in the ‘screening-to-moving in’ process.  We feel this checklist should eliminate any future problems in Rules and Regulation violations and establish a positive relationship between the renters, landlord, and the Association.   Communication between the three entities should allow us to protect the valuable interest of the condominium and the valuable interest of your renter by an understanding and “meeting of the minds”.

Rental Unit Checklist

1)  Inform the Association that your unit is an investment unit.

2)  Provide the Association with a $250.00 check (from the owner) that will be placed in a Florida Club escrow account for the time the unit is deemed an investment unit, until otherwise sold or the owner occupies the unit.  (In the event damages were to arise out of the negligence of your renter.)

3)  Consider the pertinent issues at hand: and please inform your applicant that:  
    *Leases must be at least 6 months and 1 day
    *All renters/leases must be approved prior to the renter moving in.
    (Renters who have been evicted from another unit owner will not be approved.)
    *A clean background check/screening must be provided.
    *Pet Polices  (A copy has been provided for you)
    *Vehicle Policies (A copy has been provided for you)
    *Rules and Regulations (A copy has been provided for you)
    *Noise Ordinances  (shhhhh! Quiet!  10:00 pm until 6:00 am)

4) Fax, Mail or hand-deliver the rental application for approval, along with evidence of a clean criminal background screening.   In most cases the approval process should take no longer than the background screening you are doing on your renter.  In any event it should take no longer than the next business day.

5) Please have your renter come to the management office prior to taking occupancy of your unit.  This will allow for us to assist your renter in obtaining a vehicle permit(s) and pool passes.
    Your renter will need the following when coming to register a vehicle or for a pool pass.
    *Valid Driver’s License
    *Proof of insurance and registration.
    *An approved rental lease with ALL names of persons who will be occupying the unit. 
    *Acceptable Vehicle (Please see the vehicle requirements.)

6) Inform your renter:
    *Pest Control- Association provides this service every Wednesday. The renter must call 24 hours ahead to schedule and must be home at the time service is done.
    *Security Alarm – The management office will give a Network Multifamily Package to your renter.  It is your renter’s responsibility to mail in the package to activate service.  (Which by the way is free to your renter because you pay for this service in your dues.)  Any problems your renter has with the security monitoring alarm or service will need to be addressed to NETWORK MULTIFAMILY:
    The customer service number is (800) 635-1635.  Your renter must have phone service (land line) to be able to use this service.

7) Please inform the renter of whom to call if a problem occurs in your unit (owner or property manager).  Lights, replacement of smoke detector batteries, washer-dryers, vents, windows, toilets, sinks and any interior problems (other than water leaks) are not services that the Association provides.  Water leaks and any problems with the exterior of the unit, pool, billiards room and fitness center, registration of vehicles, etc. should be reported to the management office at 904-829-8115.   Any problems with noise stemming from other units should be reported to the police at the non-emergency number 904-824-8304. 

8) Remember that the CBSI (water bill) should be going directly to the Owner.  The association will hold the owner responsible for delinquent water bills.  You may have your renter mail the payment directly to you, or average the water bill and have your renter include a check for water when mailing his/her rent check.


We appreciate your efforts in practicing this rental checklist and are certain this will allow us to serve you and the community more efficiently.


Sincerely,


Ray Hicks                     Alice Dement     Bill Poole  
Association President     Secretary           Treasurer

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