Virgin Islands Lawyer & Attorney : Tom Bolt & Associates Law Firm : St. Thomas, St. John, St. Croix, Water Island, US Virgin Islands

NetScout Systems, Inc., a leading provider of integrated network and application performance management solutions for organizations worldwide held their annual corporate awards recognition program in St. Thomas this weekend.  Michael Szabados, Chief Operating Officer, hosted over 200 NetScout employees and their families at the Marriott Frenchman’s Reef Hotel recognizing outstanding contributions and accomplishments over the past year.  But unlike many other corporations, NetScout set out to make a difference in the community they were visiting.

Working with Judi Nagelberg of Island Meetings and Incentives, a St. Thomas destination management company, Szabados and his NetScout team were determined to contribute to the community they were visiting.  Friday evening at NetScout’s Annual Awards Banquet at the St. Peter Greathouse, Szabados presented Habitat for Humanity of the Virgin Islands President Tom Bolt and Board member Alan Fleming, Chair of Habitat’s Construction Committee, with a  check for $10,000 to promote Habitat’s mission of eliminating poverty housing in the U.S. territory. 

• Print
• Comments
• Trackbacks

In today's difficult economy, a critical indicator of a property manager's success is their effectiveness in controlling overdue rents.  A well-run property should not have chronically delinquent tenants.  However, when delinquencies occcur, immediate action must be taken.  A rent roll listing all delinquent rents should be prepared showing the rent and all other balances for all tenants.  In addition, property managers should provide a delinquency report recording the manner and all  collection attempts for each tenant.

When initial notification of the delinquency does not help, the property manager should review the lease's termination rights and consider potential legal action against the tenant.  Should a delinquent tenant vacate the premises, late charges and legal fees should be deducted from the security deposit.

• Print
• Comments
• Trackbacks