Lease Term Standards & Exceptions

1. Standard Lease Duration Policy

As a standard operational policy, Dean & Associates Inc exclusively prepares and executes residential leases with an approximate term of twelve (12) months. This policy ensures optimal alignment with prevailing market conditions, regular property evaluations, and consistent management oversight.

2. Authorized Exception: HOA Mandates

The only authorized exception to our standard 12-month lease policy occurs when a Homeowners Association (HOA) or other governing community entity explicitly requires or mandates a minimum lease term longer than twelve (12) months for properties within its jurisdiction.

In such instances, Dean & Associates Inc will draft and execute a lease agreement for the minimum term the governing association requires, to ensure full compliance with the association’s bylaws, covenants, and regulations.

Note: HOA documents are not always available online, so the Owner is solely responsible for notifying Dean & Associates Inc in writing of any HOA requirement for a minimum lease term longer than twelve (12) months, both when the management agreement is signed and if the HOA adopts such a requirement later. We do not review HOA covenants or rules to determine the required lease term. Unless the Owner has given that notice, each lease is written for the standard twelve-month term, and any fine, penalty, or other loss arising from an HOA requirement the Owner did not disclose is the Owner’s sole responsibility.