One of the conveniences that renters most desire is parking. Additionally, private parking gives your car an extra degree of security. Protecting our vehicles is somewhat of a huge concern because they are typically among our most expensive and practical investments.
We’ve got you covered if you’re looking for a new residence and intend to bring your four-wheeled friend.
Five Essential Apartment Parking Rules for Landlords
Create Assigned Parking Spaces
By creating assigned parking spaces, landlords can ensure that their good tenants have a reliable, consistent, designated spot for parking, which reduces conflicts over parking availability. This can help keep tenants happy and reduce frustration and complaints.
Guest Parking Spots
Setting a designated guest parking spot can help maximize the parking lot and provide additional income. It can also improve safety and security, reduce conflicts between residents over parking spaces, and generate additional income for landlords.
Use Resident Permits
Having a resident permit provides guaranteed parking, reduces traffic congestion, increases safety, and improves property values. This is to prevent unauthorized parking and keep the parking area organized.
Post a Towing Policy Visibly
Posting a towing policy visibly ensures compliance with local laws. It gives customers awareness of rules and regulations. Clarify the penalty for non-compliance.
Install a digital security system
Installing a digital security system in parking lots is essential for ensuring the safety of people and property and minimizing the crime rate. It deters crime, collects evidence, improves safety, and can be integrated with other security measures like access control and CCTV cameras.
Tips For Tenants on Building Parking
Registering Your Vehicle
By registering your vehicle, you’ll have legal access to the company’s insurance, thus giving your vehicle more security. Submitting a copy of your vehicle’s registration will serve as proof of evidence. The vehicle should be in operable condition without any damage.
Familiarize the Parking Rules
Be familiar with the property’s rules and regulations to avoid penalties. Be knowledgeable about your rights and responsibilities regarding the apartment parking rules. If you are a landlord, educate your tenants about the proper handling of parking areas. Provide clear instructions about the dos and don’ts of your property.
Prices for Apartment Parking
The cost of parking is challenging to quantify because it differs so greatly between cities and even within apartment communities. Nevertheless, the price of apartment parking is typically on par with local monthly parking garage passes.
Residents of the City of Sacramento can anticipate paying an average of $10.00 per day for a parking pass.
When renting a new apartment, be sure to factor in the cost of parking. Your budget will depend heavily on whether there is a single upfront fee that covers parking for the duration of your lease or a monthly fee.
What kinds of parking are available?
You should check to see which parking choice best suits your needs and way of life. Tandem parking, for instance, won’t work for you if your job requires you to be on call and be prepared to leave at any moment, but an assigned or unassigned parking lot might.
You won’t necessarily get your own tiny plaque, but you will be given a parking spot in the garage or parking lot of the neighbourhood. The benefit is reserved parking in a secured area.
Parking Not Assigned
Due to the idea of randomization, unassigned parking is among the greatest parking options.
Anyone with permission to park in the garage or parking lot of the apartment complex is typically given a visible parking pass and is free to park anywhere there is space.
Available Parking Spaces
A single parking place is usually more than enough for tenants. For renters living in homes with two or more vehicles, more parking spaces are necessary.
That might sound obvious, but many apartment units offer parking spaces based on the number of bedrooms a unit has. For instance, if you rent a one-bedroom apartment with a significant other who drives a car as well, you might be limited to the one parking place that is specified in your lease.
Parking spaces that are both covered and uncovered
Due to its lower construction, maintenance, and management costs, uncovered parking is the most popular. These typically take the shape of exclusive parking lots close to the residential complex.
Covered parking is less common and typically more expensive for tenants. This type of parking space is typically seen in multistory parking ramps or single-story garages.
You can buy an access pass to the garage or rent a single space in the garage
In general, covered parking provides far more security than uncovered parking. Many covered parking garages contain entry restrictions or other security measures, making it harder for thieves or vandals to steal your automobile.
How much does apartment parking cost?
The cost of apartment parking can vary significantly depending on your location and the parking options available. Typically, you can expect to pay a higher amount for parking in areas with higher property values and closer proximity to the city center. Conversely, if you reside in less densely populated areas or in the suburbs, you may have the advantage of paying less for parking, and, in some cases, even enjoying free parking options.
In large urban areas, you’re likely to pay $150-$500 per month or more for apartment parking. Suburban areas often charge between $0 and $75 per month per car. Some apartments may not charge much or anything at all if the parking space is included in your rent. Again, keep in mind that certain types of parking cost more than others.
Why is it Important to Read the Parking Policy in your Lease?
It’s crucial to read and reread your lease agreement before signing if you choose an apartment with parking.
Everything you need to know about the parking policies at your apartment complex will be outlined in the parking policy in your lease agreement, including:
If your automobile sustains damage while parked, this policy will include how to report the damage, your obligations, and more.
Guest Parking Guidelines
Are you having visitors? How can they find parking? How much time? Your leasing agreement’s parking policies will tell you what you need to tell visitors so they don’t break any rules.
Remember the prior situation where someone parked in your space? There isn’t much you can do if someone parks in your space. Your landlord and property manager, however, can assist in setting up temporary parking, obtaining clearance for your spot, and locating the culprit.
There are several regulations to abide by when parking in apartment buildings. Guest parking is one area that frequently generates difficulties. To prevent parking infractions or penalties, it’s crucial for residents to be aware of how apartment complexes normally manage visitor parking.
Knowing how many guest parking spaces are available in your complex is crucial in the first place. While some complexes may just have a few parking spots accessible, others could have large, designated visitor parking lots. When you have visitors, being aware of the number of guest parking places available will help you prepare.
Even though parking is usually paid for, you aren’t always free to park as you want. Depending on the type of vehicle parked, several communities have restrictions on parking (usually recreation vehicles). They might even impose time limits on how long a car can stay in one place.
Apartment Parking Rules
It might be difficult to park in an apartment complex while still adhering to the restrictions. Unfortunately, breaking apartment parking regulations might have negative effects. To prevent any unwanted effects, it’s crucial to be aware of the potential consequences of parking infractions.
Fines are one of the most frequent consequences of parking infractions. The fine amount may vary based on the type of offense, but if the violations persist, the fines can rack up rapidly. To prevent any further costs or penalties, it is imperative to pay any fines as soon as possible.
It’s crucial to comprehend and strictly abide by the parking regulations in your apartment building if you want to prevent parking tickets and the repercussions that come with them. Never be afraid to ask the management organization for clarification if you have questions regarding a certain rule.
Do some research before starting your apartment search to ascertain your needs and the parking scenario that best meets them. Fortunately, after you’ve identified your requirements, Apartment List can help you focus your search on apartments that can satisfy them.
If you have a rental property in California, call Eagle Property Management at (916) 714-0123. We will be happy to assist you with your property management needs. Contact us now!