A multifamily property is a building that is comprised of more than one dwelling unit, usually providing home for three, four or more families. Multifamily properties are the least common types of all residential building types, one of their most distinctive features being that the residential units cannot be purchased individually, there can be only one owner for the entire property. Some landlords decide not to rent out the entire property, but to reserve one of the residential units on the property for themselves and their family, living on the property permanently.
This special configuration means that the landlord rents out the individual units, while staying responsible for handling all the repairs and replacements needed, including roofing upgrades. The rent calculated for the units can incorporate a fixed amount paid by the tenants to set up funds for building repairs and upgrades, including the maintenance, repair or replacement interventions performed on the roof. In other words, the tenant have the responsibility to take good care of the property they live in and to pay the rent, while the landlord is responsible for ensuring that the property is kept in good condition, that all the repairs and all the maintenance tasks are carried out as they should be.
When the time comes to getting quality work done on your property’s roof, you need to hire reputable Interstate Roofing contractors in Colorado to make sure the job gets done right.