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Rental Housing Journal Utah

February 2015 - Vol. 7 Issue 2

2. Ask The Attorney: Utah Eviction Law - Protect Yourself 6. Board Chair's Message: UAA's Aannual Fair Housing Education Conference and Trade Show.

10 Things We Love About Texting

7. Director's Message: Utah Is a Great Place to Be a Landlord 8. New IRS Repair Regulations

UPCOMING EVENTS:

General Membership Meetings All meetings 7 pm – for addresses go to www.uaageneralmembershipmeetings.com Ogden......................................................March. 24th Orem.........................................................March. 25th Salt Lake City........................................March. 26th

Events Legislative Update...................................Mar. 19th UAA Trade Show.....................................Apr. 29th Golf Tounament...............................................Jul. 15 Economic Forecast...............................Sept. 15th

WWW.RENTALHOUSINGJOURNAL.COM • PROFESSIONAL PUBLISHING, INC Official Publication

of T he

Utah Apartment Association Utah's Leading Advocate

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ental professionals are in the business of managing their rentals; Rent Dynamics is a company that handles common problem areas to help owners and managers be more successful. They function not only as a complete contact center solution tailored to handling incoming calls for the multifamily industry, they also become an extension of the leasing office providing support from initial contact through the resident life cycle and provide new tools to service residents and plug some of the holes in typical management operations. They help capture lost income and create new revenue streams and empower better communications to residents and online prospects. Turning calls into leases “We recognized that onsite leasing staff were in need of additional support due to tight budgets and limited resources,” says Quincy Rich, President of Rent Dynamics, “we

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Director of Utah State Housing and Community Development Honored for his Contributions to Affordable Housing

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n February 7th, in front of 500 peers in the rental housing industry, Gordon D. Walker, who currently serves as the director of the Utah Department of Housing and Community Development, received a Lifetime Achievement award to thundering applause and a standing ovation. “I have been to a lot of these (Lifetime Achievement Award) presentations over the years and I can’t think of anyone more deserving of this than Gordon,” said Gloria Froerer, National Apartment Association Board member from Utah who presented the award.

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Gordon has extensive experience in private business and real estate development. He served as Deputy Under-Secretary for the Department of Housing and Urban Development (HUD) during the Reagan administration. He holds an undergraduate degree in economics from Brigham Young University and an MBA degree from Harvard Business School. Mr. Walker is the author of many articles and four books on real estate finance, land development and taxation. Since coming to the Housing and Community Development Divi...continued on page 4

Legislature Passes Equality for Rentals and HOA’s

he 2015 Legislature has passed a bill supported by the Utah Apartment Association that equalizes the playing field for rentals and landlords in HOA’s. Commonly called community associations, HOA’s (Home Owners Associations) and PUD’s (Planned Unit Developments) have the power to regulate and restrict the activities of owners in those developments. This sometimes leads to abusive practices that discriminate against renters and landlords. The 2015 bill HB 98, sponsored by Gage Froerer (R), Huntsville was the second part of a two year strategy to prohibit certain practices within HOA’s. What Were the Problems? UAA members have thousands

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Rental Housing Industry – 888-244-0401 –

Gordon D. Walker Receives Lifetime Achievement Award

Rent Dynamics Powering Property Managers to New Heights

By L. Paul Smith

for the

of rental housing units in community associations. They have noticed in recent years a bias developing in policies and practices against renters and landlords. In 2014, the UAA supported a bill that prohibited community associations from requiring copies of credit reports on tenants (this violated federal law and provided sensitive information to unauthorized board members and managers). It also prohibited a practice that was growing in popularity where the board of a community association required preapproval of a tenant before the landlord could sign the lease. This was particularly problematic because community associations do not generally understand Fair Housing liability and ramifications. Imagine if a board denied a tenant with the last

name Hernandez or a single mother with children, and they claimed discrimination. The owner would have had the liability as well as the board. So we could not let that happen. But the worst problems were more complicated to fix than we could squeeze into the first years bill, so the UAA and CAI (Community Associations Institute) agreed to work throughout the summer to create a viable solution. The problems was this: A) associations began charging higher fees or dues to landlords who rented their units than to owners who lived in their units, and B) associations began restricting renters access to amenities or privileges that they allowed owners to use. Because prohibiting this was a complicated issue, ...continued on page 9

Advertise in Rental Housing Journal - Utah Circulated to over 6,000 Apartment owners, On-site, and Maintenance personnel monthly. www. rentalho usingjo urnal.co m

Call 503-221-1260 for more info.

Utah Rental Housing Journal - February 2015  

RHJ is the official publication of Utah Apartment Association and the business journal for the Utah multifamily and rental housing industry....

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