As of 2021, there are more than 700,000 electric vehicles in California, and this means that as a landlord it’s likely that your tenant may at one point want to put an EV charging port on your property.
Should you allow this?
In this article, we will answer this question and provide you with property management tips on how you should handle this situation.
Yes, it makes sense to say yes to allowing an EV port to be installed on your property.
The most important thing to keep in mind when it comes to installing an EV port is that it must be done by a licensed and bonded professional, (no DIY projects).
Before installing the EV port on your property, the details of the EV port must be in writing and signed by you and your tenant. The documentation must include:
· Your tenant will be responsible for paying the deposit and install costs
· The location where the port is installed must be detailed
· Tenant will be responsible for paying for repairs to the EV system
· Damages caused by the EV system will be paid by the tenant
Note – If your rental property is part of an HOA, your tenant must check with the HOA first, before having the EV port installed.
In most cases, EV ports can easily be installed at single-family rentals, and most multifamily properties, if the multifamily property has a garage. Exterior placement at a multifamily rental often doesn’t work out, especially if wires have to be run across common areas.
Besides having specific documentation which shows that the tenant will be responsible for the installation costs of the EV port, you should also make it clear that the EV port will stay on your property after the tenant moves out.
If the tenant is insistent on taking the EV port with them after they move out, your agreement with them should also include language which specifies that the property must be returned in its ‘original condition’ after the EV port is removed.
Contact GoldenWest Management
At GoldenWest Management, we specialize in property management for single-family and multifamily properties in Southern California, Phoenix, and Las Vegas.
Our experienced property management team will save you the time, money, and hassle of managing your property yourself, so you can enjoy the passive income from that rental property.
To learn more about the services that we can offer you, contact us today by calling (866) 545-5303 or click here to connect with us online.
