|
DRAFT House Guidelines
The intent of the following guidelines is to ensure we all have clear understanding of the expectations regarding how we will jointly use and own The Second Chance. It is important that, if you cannot abide by any of these guidelines, you raise the issue to the General Partner for discussion and resolution.
Availability Plan
• Definition of a Week: Sun 3pm to Sun 10am
• Throughout this document "Owner" is defined as the partner who has use of a given week
• We will rotate use weekly between the Partners, in the following sequence:
1. Wall/Wilgis
2. Jordan
3. Kinder
4. TBD
• Sequence will start on The first full week of the calendar year, with the starting Partner
rotating annually
• Owners can trade weeks as they see fit, but this requires mutual agreement, and notification
to General Partner so that central schedule can be maintained.
Rental Policy
• Each Owner has the right to rent or loan any week they are assigned as they see fit, and
realize any subsequent income, with the following requirements:
1. Owner is responsible to pay for and correct all damages incurred to the house, grounds,
and equipment PRIOR to the end of the rental period, or else make arrangements for the
following Owner so they are not
impacted.
2. All Renters must abide by the Rental Agreement
• We will have a property management agreement in place with Island Realty, recognizing that
this is an option for each Owner to utilize if they desire, which has the following terms:
1. They will list available weeks on their website as we specify
2. They will bill and collect all rental income
3. They will manage the cleaning and maintenance of the property during the rental periods
4. They retain a 20% commission on realized rental income
5. They require a minimum of 8 weeks of available weeks
6. All maintenance and cleaning charges will be billed to Owner
• Any expenses incurred due to rental activity will be paid for by the Owner
• Owner is responsible that any and all Renters and/or Guests they offer the House to abide
by all Island rules and regulations
• Owner is responsible for all ferry fees for their renters and/or Guests
• This is a non-smoking house.
• No pets allowed.
• We will not rent to students or groups of students under any circumstances, even if
a parent or legally responsible adult makes the reservation and/or pays the rent. If
such a group attempts to occupy this property, all monies will be forfeited and they
will be asked to vacate the property immediately.
Usage Guidelines
• House condition prior to departure
1. Owner is responsible for cleaning the house prior to their departure, including removal
of all linens and cleaning out refrigerator.
2. Cleaning of the house will be done by an outside contractor to ensure consistency. This
expense will be paid for by the Owner.
3. Owner is responsible for scheduling the cleaning service
• Golf carts
1. The House will own and pay the expense for regular maintenance of two golf carts,
which are expressly for the use of the Owner during their stay.
2. Any damages incurred are the responsibility of the Owner, both coordination of repair,
as well as payment of such.
3. If a golf cart is not repaired prior to the arrival of the next Owner, the responsible party
will pay the expenses for a golf cart rental until such time as the golf cart is repaired.
• Pets
1. The Owners will not bring pets into the House, except for non-shedding house dogs.
2. Any and all solid dog waste will be properly disposed of prior to departure.
• Smoking
1. This is a non-smoking house, with smoking may be permitted on the screened porch
and decks as the respective Owner sees fit.
• Storage
1. Each Partner will have a locked room below the House, with a locked closet inside the
House.
2. The House is not responsible for the security or insurance of any items in the respective
Partner's storage area.
• Island Facilities
1. Owner is responsible for all non-Partner ferry usage and/or cart rental during their
assigned weeks.
2. Each Partner is responsible for their own ferry usage, and cart rental
3. Any Island service fees incurred during a given week, excluding those that relate to
annual House expenses, are the responsibility of the respective Owner.
Partnership
• Capital Improvements
1. The General Partner will coordinate approval and implementation of all capital
Improvements.
2. Investments over $2,000 will require consensus of all Partners prior to any monies being
spent.
3. Up to $2,000/year may be approved by the General Partner without consensus of the
Partners.
• Selling of a Partner's share
4. A Partner's share may not be split between individuals, with exception of family
members.
5. Purchaser of a Partner's share must accept all Partnership Guidelines and Agreements
as is, unless all Partners approve any changes requested.
6. Existing Partners have first right of refusal to acquire any Partner's share that is for sale.
|
|