4:45 references “HUD guidelines” on wear and tear. The guidelines you’re referring to are from appendix 5C, and only apply to claims submitted to HUD for tenancies subsidized by HUD. Nail holes and pin holes are absolutely considered damages (unless your specific STATE disagrees).
Mark is using 5C as a reference. I also use the Inter-NACHI life expectancy chart, which is more detailed. The point is that landlords and property managers can protect themselves by using an objective, realistic policy to define wear-and-tear vs. damages. Decorating a home with a reasonable number of wall hangings is "ordinary." If tenants put 30 nail holes in one wall, or if they use large nails or bolts, then it would be considered damage.
@@rentawr what’s “reasonable”? Where do you draw the line if it’s left open for interpretation? Intentionally putting a hole in a wall, no matter the size, is not wear and tear. Walls aren’t pushpin cushions.
@@briannielsen2470 the HUD guide you mention gives a definition and some great examples of "ordinary" wear and tear, which includes small nail holes or pin holes. "Reasonable" is defined as ordinary wear that you would expect from any occupant. I'm sure your home has carpet wear, a few nail holes on most walls, faded or cracked paint, wall scuffs or scrapes, worn hardware, etc. You shouldn't hold your tenants to unreasonable standards that you yourself can't uphold.
@briannielsen2470 I came here to say the same thing. :) HUD's guidelines are irrelevant if you're not in a HUD program. We don't use it, and we essentially charge for any damage to the property, as Georgia allows for it. Pin hole in the wall? Yup, that's damage!
A lot of this is bad info for much of the country. For example, many states have no requirement at all to take into account life expectancy of the items. All that matters is condition at move in compared to condition at move out. HUD guidelines are also not controlling much of anywhere unless you're renting the property under a HUD program like Section 8.
Great tips, Mark. As always!
Thanks Marc, always good information!
thanks!
That is what I always tell him, the man the legend
4:45 references “HUD guidelines” on wear and tear. The guidelines you’re referring to are from appendix 5C, and only apply to claims submitted to HUD for tenancies subsidized by HUD. Nail holes and pin holes are absolutely considered damages (unless your specific STATE disagrees).
Mark is using 5C as a reference. I also use the Inter-NACHI life expectancy chart, which is more detailed. The point is that landlords and property managers can protect themselves by using an objective, realistic policy to define wear-and-tear vs. damages.
Decorating a home with a reasonable number of wall hangings is "ordinary." If tenants put 30 nail holes in one wall, or if they use large nails or bolts, then it would be considered damage.
@@rentawr what’s “reasonable”? Where do you draw the line if it’s left open for interpretation? Intentionally putting a hole in a wall, no matter the size, is not wear and tear. Walls aren’t pushpin cushions.
@@briannielsen2470 the HUD guide you mention gives a definition and some great examples of "ordinary" wear and tear, which includes small nail holes or pin holes.
"Reasonable" is defined as ordinary wear that you would expect from any occupant. I'm sure your home has carpet wear, a few nail holes on most walls, faded or cracked paint, wall scuffs or scrapes, worn hardware, etc. You shouldn't hold your tenants to unreasonable standards that you yourself can't uphold.
@briannielsen2470 I came here to say the same thing. :) HUD's guidelines are irrelevant if you're not in a HUD program. We don't use it, and we essentially charge for any damage to the property, as Georgia allows for it. Pin hole in the wall? Yup, that's damage!
Just fyi, on your Wear and Tear list, #24 and #26 are the same
thanks - we will get that corrected!
A lot of this is bad info for much of the country. For example, many states have no requirement at all to take into account life expectancy of the items. All that matters is condition at move in compared to condition at move out. HUD guidelines are also not controlling much of anywhere unless you're renting the property under a HUD program like Section 8.
Where do you go to look at view state requirements for each state?