ALOC NEWS
| October 4 , 2000 | Associated
Landlords of the Cumberland Area ALOC Phone (301) 759-0530 P.O. Box 1867 |
Vol. 6, Issue 10 |
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HUD Changes We
have been relaying you information regarding changes to the
BUD rules and we understand that Joyce Sine with the Housing
Assistance Office has also mailed out some information. There
apparently is a possibility that the new lead regulations
can be delayed until March 15, 200 1 if the municipality can
certify that there are not enough trained September Meeting Our
September meeting was held on the night of the big rain and
flood in Cumberland and was cut short because ALOC President,
JeffHutter, had to leave to take care of flooding in the basement
ofhis home on Bedford Road. Fortunately The damages involved many homes and businesses and it is thought that the rainfall exceeded 4 inches within the couple of hours. The City of Cumberland is trying to determine the exact amount ofrainfall, as they believe, as do most ofus, that this was a 100 or 500-year event that is difficult for anybody to predict. When
the meeting was cut short it was during the Insurance Coverage When many Cumberland residents in the Fayette-Green - Paca Street area had damages due to the heavy rains on September II, 2000 the first thing they thought of was their insurance companies. Unfortunately many of these people did not have flood insurance or riders to cover the backing up of the sewers and or storm drains. The
bottom line is that very few of these people will be receiving
compensation from their insurance companies. Considering the
severity of the problem it is probably a good idea for all
of us to re-examine our insurance policies to make sure we
that we have adequate coverage. The cost of some of the extra
riders mentioned above may be very |
Cumberland Flood Relief TWR and HereinTown.Net is conducting a Flood Relief fund raising campaign to help the people that were flooded out by the recent deluge that occurred on September II th. More details are included on the attached flyer and ALOC members should consider making a donation to this fund to help out our neighbors on the West Side. Contact JeffHutter or Patti Taylor at TWR 301-777-2692 if you have any questions or need more information. MDE Registration and etc. Some of our members have questioned the registration policies and procedures of the MDE and we have looked into the matter and we have some answers. Back in the early 90's the MDE sent out papers to most rental property owners, which had a $ 2.00 registration fee for each unit. This was apparently used to fund the initial Lead Paint Commission that was exploring what to do with the lead paint problem. Some have confused this with the later registration fees of$ 10.00, which were imposed in 1994 and 1995 as stipulated by lIB 760. If you remember this legislation when passed was to take effect in 1995 but was delayed because the MDE could not get the regulations completed unti11996. Please keep in mind that it will soon be time to register your units with the MDE. We should soon see paperwork for this renewal that should be sent to the MDE before the end of the calendar year. Include within HB 760 was a provision that all units, regardless of whether they are occupied or not must eventually receive the full risk reduction treatment. The first benchmark will be reached on February 24,2001 when we will be required to have at least 50% of our rental units in compliance with the risk reduction standard. By February 24,2006 100% of all rental units must meet the standard. Also keep in mind that all tenants must be receiving copies of the various lead paint brochures every 2 years and there are Federal disclosure requirements under Title X that must also be met. ALOC has sent members details regarding these items in past mailings.
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Maryland Property
Owners Notes
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The Maryland
Property Owners Network will soon resume its meeting schedule
in the next month or so in preparation for the 200 I legislative
session. At this time we do not know of any bills that are planned
for action that may adversely affect the investment From talking with our counterparts in Baltimore we understand that they expect to see some wacky bills submitted that would be zeroed in on local matters in Baltimore. At the next MPON meeting we will probably receive more details. While these bills may not affect us much at this time, they can eventually filter through the legislative and regulatory process and end up being imposed statewide. Oh what a lovely, business friendly state to live in! ALOC '
s President J efT Butter has been selected to be part of the
committee that is to make recommendations to the Allegany County
Commissioners regarding increasing the present 3 commissioners
to 5. A recent poll ran on HereinTown.Net's website showed |
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Leases and other Documents The Leases and other forms have been upgraded to reflect Law changes made in recent years and are available now.ALOC has
available leases, rental applications and tenant checklists
for sale, at cost, to members. The cost for each item is as
follows: These forms are kept at Jeff Hutter's office, TWR Comm. at 117-119 Valley Street. Any paid member can stop by and pick up whatever they need, however we ask that you call first with your order so that the forms can be ready and waiting for you. Please
call at least 24 hours in advance as these are made to order. |
ALOC
Officers
J. Jeffrey Hutter President Rose
Selby Vice President J. Jeffrey Hutter Treasurer Board of Directors Henry
Holzshu |
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Thought for the Month A
successful man is one who can build a firm foundation David Brinkley |
