Property Preservation Training » Questions & Answers

How do you determine the number of units in a property?

admin — Fri, 25 Dec 2009 05:04:19 +0000

HUD Regulations do not define a unit. The dictionary definition of unit is:
“a self-contained section of accommodations in a larger building or group of buildings that may contain food preparation or sanitary facilities, or both.”

Without specifics in the regulations, the industry normally defines a single family residence as one unit. Some contractors report that they use the number of water heaters as the number of units and some contractors charge for extra “units” when the single family residence has more than two bathrooms.

Can I include a trip charge fee for the drive time to property sites?

admin — Fri, 25 Dec 2009 03:53:17 +0000

A trip charge is allowed only when traveling to a property in order to submit a bid. Travel to the property for work is not allowed because HUD regulations state that all of these expenses are included in the fee for the work.

Some of the greediest companies actually will subtract a previously approved trip charge payment from the fee paid on work you completed as a result of submitting the original trip charge and bid.

What Is A Unit?

admin — Thu, 24 Dec 2009 02:02:58 +0000

A unit is a self-contained section of accommodations in a larger building or group of buildings that may contain food preparation or sanitary facilities, or both.