Orlando Investment Properties

Email: info@ORLrent.com
Website: ORLrent.com

Fall 2012

The most trusted name
in Property Management and Residential Leasing.

Address
954 S. Orlando Avenue
Winter Park, FL 32789

Contact Us
Phone: (407) 571-3635
Fax: (407) 388-6536
Toll Free: 1-800-458-6863

What Our Clients Say

Gail Piper de Mesa says:

Fred Thompson has managed our properties in Orlando for over twenty years. He and his staff are very professional, courteous and on-the-ball. Fred and his staff are the best of the best in the business, I would never trust our property management with anyone else.

Our Services

Management and Leasing Services

Out of State Property Management Company Referrals

Real Estate Services to
Buyers and Sellers

The RE/MAX 200 Team

Fred Thompson, MPM® RMP®
Director of Property Management
fred@orlrent.com
(407) 571-3650

Shawn Beard, RMP®
Senior Property Manager
shawn@orlrent.com
(407) 571-1404

Mo Jabr
Property Manager
mo@orlrent.com
(407) 571-1441

Jason Kim
Property Manager
jason@orlrent.com
(407) 571-3645

Jim Cederberg
Supervisor
jim@orlrent.com
(407) 571-3618

Angel Hildago
Maintenance Coordinator
angel@orlrent.com
(407) 571-3659

Angie Rodriguez
Support Staff Specialist
angie@orlrent.com
(407) 571-3628

To Our Clients

Check Your Insurance: Events can happen - flood, extreme heat, earthquakes, fire, and more! It is important to check your insurance to obtain the best coverage possible and ensure that it is current.Review now with your insurance agent before a disaster/emergency occurs.

If An Emergency Occurs: Please be patient and avoid tying up critical phone lines and our time. Our first priority during any emergency is to handle the situation, taking any necessary measures for the safety of your property and your tenants. Then, we will contact you as soon as we are able.

EPA Requirements on Refrigerants
and Residential Property

There is a concentrated effort around the world to reduce and eventually eliminate the use of ozone-depleting refrigerants. We want to make you aware that legislation now exists that could have a direct impact in the future on a heat pump or air-conditioning system in a property you may own.

In most residential properties, HCFC (hydro chlorofluorocarbons) R-22 is the most commonly used refrigerant today and believed to contribute to global warming. The trend now is to replace a unit containing R-22 with one that has HCFC R-410A. This is one of the products reviewed and found acceptable by the EPA, the Environmental Protection Agency, under the Clean Air Act.

To put it simply, the EPA is not allowing continued production or importing of R-22. Currently, there is a definite schedule to phase out HCFC R-22 and it is as follows, per the EPA site.

Under the terms of the Montreal Protocol, the U.S. agreed to meet certain obligations by specific dates that will affect the residential heat pump and air-conditioning industry:

  • January 1, 2004: the Montreal Protocol required the U.S. to reduce its consumption of HCFCs by 35% below the U.S. baseline cap. As of January 1, 2003, EPA banned production and import of HCFC-141b, the most ozone-destructive HCFC. This action allowed the United States to meet its obligations under the Montreal Protocol. EPA was able to issue 100% of company baseline allowances for production and import of HCFC-22 and HCFC-142b.
  • January 1, 2010: the Montreal Protocol requires the U.S. to reduce its consumption of HCFCs by 75% below the U.S. baseline. Allowance holders may only produce or import HCFC-22 to service existing equipment. Virgin R-22 may not be used in new equipment. As a result, heating, ventilation and air-conditioning (HVAC) system manufacturers may not produce new air conditioners and heat pumps containing R-22.
  • January 1, 2015: the Montreal Protocol requires the U.S. to reduce its consumption of HCFCs by 90% below the U.S. baseline.
  • January 1, 2020: the Montreal Protocol requires the U.S. to reduce its consumption of HCFCs by 99.5% below the U.S. baseline. Refrigerant that has been recovered and recycled/reclaimed will be allowed beyond 2020 to service existing systems, but chemical manufacturers will no longer be able to produce R-22 to service existing air conditioners and heat pumps.

Here are additional facts you should know

  • For several years, R-22 will continue to be available for servicing existing systems with R-22.
  • Over time, the cost of R-22 will increase as the amount available for use depletes - this means that the cost of repairs for units with R-22 will escalate.
  • There is no requirement for a property owner to change to a new unit with R-410A or retrofit a unit with an acceptable refrigerant by the EPA if you can have the unit repaired.
  • You cannot retrofit an old unit, using R-22, with the new R-410A because of its higher working pressures - it would require making major and very costly changes to the unit.
  • The Clean Air Act does require repairs on refrigerants be handled responsibly. This means you must use a technician who can successfully recover, recycle, and reduce leaks of R-22 into the ozone. System leaks not only damage the ozone but can also increase maintenance costs.
  • Retrofitting or repairing an old system may be wasting money when a newer system could save overall. It can often be a difficult decision to make.

You may have already encountered problems regarding R-22 in your own personal home or investment property. If not, what do you do if you have a property with a problem regarding a unit with R-22? Depending on the problem, this can mean anything from a reasonable repair to the high cost of complete replacement. This will vary greatly depending on the unit in question. It is important to use qualified technicians and weigh repair vs. replacement carefully.

As your management company, we know this can be a stressful situation for a property owner. If this does happen to your unit, we will assist you with estimates from qualified technicians so you are well informed and can make the best possible decision for your property. One thing we cannot do is ignore the new regulations regarding R-22. You can obtain more information on the topic of eliminating R-22 at the EPA website.

Our Associations

The material provided in this newsletter is for informational and educational purposes only. It is NOT legal advice.
Although we believe this material is accurate, we cannot guarantee that it is 100% without errors.


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