Real Estate Pro Articles
   
   

New Pottstown Home Rentals Rules Under Consideration



[Valid RSS feed]  Category Rss Feed - http://www.realestateproarticles.com/rss.php?rss=277
By : John Cutts    99 or more times read
The Pottstown borough in Pennsylvania is on the verge of implementing new home rentals rules. The rules are still being considered and are reportedly patterned after the guidelines that are in place in Gettysburg. However, some borough residents and landlords have argued that the new rules will drive good landlords from the town and will result in a decline of property values.

In response, some code officers from Gettysburg have stated that this will not be the case. They claim that years of having the same rules in place at Gettysburg have not resulted in declining home values and landlords leaving town. As a matter of fact, officers have claimed that the rules have contributed to landlords' ability to attract good tenants and have actually led to property value increases.

The proposed new rules will be discussed by the Borough Council within the week and a vote is expected to be called a few days after council deliberation. The rules were reportedly introduced by Borough Manager Jason Bobst in June.

Under the proposed new home rentals regulations, absentee landlords would have to have a manager who resides within a five-mile radius of the borough. Landlords would also be required to have annual licenses for each unit being rented, with renewals available only to those with good records. In addition, yearly inspections will be held and a deposit for each unit designed to cover abandonment and non-maintenance costs would be paid to the borough.

Pottstown borough officials have stated that the rules will be effective in improving rental property situations in the area as proven by Gettysburg which already has the same guidelines in place. However, critics of the proposed rules have stated that officials have not canvassed the public's opinion about the rules.

Meanwhile, a number of landlords have opposed the new regulations, claiming that they are oppressive and can lead to abuse of power. They added that the current rules in place are standard regulations and have served the area well so they should not be changed or modified.

The debate surrounding the proposed new rules on home rentals will soon be resolved as the council is set to deliberate within the week. The final decision on whether these rules would be implemented or not will be known to all residents in the coming weeks.
John Cutts has been educated in the finer points of the foreclosure market over 5 years.

Related Articles



Actions
Print This Article
Add To Favorites



Sponsors


Warning: include(): http:// wrapper is disabled in the server configuration by allow_url_include=0 in /home/onlineb1/public_html/realestateproarticles/inc/extra_rlinks.inc.php on line 149

Warning: include(http://www.realestateproarticles.com/catads/cat277.php): failed to open stream: no suitable wrapper could be found in /home/onlineb1/public_html/realestateproarticles/inc/extra_rlinks.inc.php on line 149

Warning: include(): Failed opening 'http://www.realestateproarticles.com/catads/cat277.php' for inclusion (include_path='.:/usr/local/php56/pear') in /home/onlineb1/public_html/realestateproarticles/inc/extra_rlinks.inc.php on line 149
 

 

© All rights reserved to Real Estate Pro Articles