This paper will discuss ethical and moral issues concerning a case study about legal responsibility regarding leasing and renting. We will cover issues about what is ethical and unethical. I will discuss moral dilemmas and how we choose to address or approach certain situations with our moral compass and own integrity. Assignment 6.1 People create difficult situations every day in an effort to try to do what is convenient for themselves and maybe even try to help others. Sometimes it ends up being a disaster and pretty soon you are left with some tough decisions. Now, you have to figure out what to do and the answer may not always be easy or morally responsible. In this paper will discuss several topics surrounding a case study. The topics …show more content…
Both parties individual financial situations was the reason they decided to share an apartment. The legal side of the issue is a major factor because a lease was signed by at least one person. There are no personal or social considerations to contemplate once a lease was signed. Therefore it is purely financial and legal. Is the problem solely Erica’s problem, or should Shira take responsibility for solving it as well? In my opinion, since Erica signed the lease, it is solely her problem. She has committed to contractually renting this unit for the specified lease. She is responsible for each clause outlined in the lease. So, if she defaults on the payments in particular, she will be held responsible. The real estate company or property owner can take legal action against her for breaching the contract or lease she has signed. What alternatives does Erica have for dealing with the …show more content…
First, Erica can consider looking for another roommate. Someone may be looking for an apartment, who can afford the higher rent. Second, she can try to work something out with the landlord or property management and see if they would consider allowing her to sublet the apartment. If it’s allowed, she would need to send a certified letter to her landlord or property management at least 30 days in advance. (Schreck, 2014) Once she found the renter, she would need to include in the letter the individual’s credentials such as name, copy of ID, deposit check, rental history, and proof of income. If all else fails, her final or last resort may be to try to earn extra income and make up the difference in loss of the additional rent. Truly, the bottom line is she does have many alternatives. How should Erica go about evaluating the outcomes for each alternative? The best thing she can do is evaluate what is legal in her state. She should visit her states website regarding landlord and tenant laws. Depending on her state, there may be forgiveness in defaulting on a lease agreement. These are often referred to “hardship cases”. However, if she doesn’t have to go this route, she should try to work it out with the management first. Her best bet is going to be negotiating some kind of term to either extend the lease or be released under some sort of negotiation. Based on your analysis of the problem, what advice would you give Erica for dealing
Throughout this paper I will examine three different ethical views and interpret the ways in which one would respond to the scenario at hand. The initial ethical view is composed of cultural relativism. Another view is Kantian ethics. The final view involves utilitarianism. When presenting these views, I will describe each ethical view, and also I will speak abouts how a person who abides by the given ethical view would respond to the situation.
Although the recent tech boom in San Francisco has been blamed for the increased housing demand and the lack of affordable rental housing in the City, the reality is that the shortage of affordable rental housing been steadily climbing for the last 35 years. Rent control is oftenat the center of the controversy regarding the affordable housing shortage. In response to high inflation, and escalating rents, San Francisco’s Residential Rent Stabilization and Arbitration Ordinance was passed in 1979 (Forbes, Sheridan, 1999). Rent control imposes restrictions on landlords in regards to rent increases and evictions. It is estimated that seventy percent of San Francisco’s rental units are under rent control (Marti, Shortt, 2013). Because of the limited rent increases allowed, tenants living in these rent controlled apartments seldom move out, which severely impacts the vacancy rates in the City. Although the vacancy rate among rent-controlled units is extremely low, there are occasions when a tenant may vacate a rent control unit (a job out of the area, the decision to purchase a home, etc.). When a rent-controlled unit is voluntarily vacated, the landlord is allowed to raise the rent to market rates (this is called vacancy de-control); then the rent control annual increase takes effect on the new rent. A landlord will often raise the new rent to the highest possible price the market will allow, in an attempt to recoup the financial loss he is incurring on the units still under rent control. Because of the new higher rent, the previously affordable unit is no longer considered affordable; which then impacts the inventory of affordable housing in San Francisco.
In everyday experience one is likely to encounter ethical dilemmas. This paper presents one framework for working through any given dilemma. I have chosen to integrate three theories from Ruggerio Vicent, Bernard Lonergan and Robert Kegan. When making a deceison you must collabrate different views to come to a one conclusion. Ruggerio factors in different aspects that will take effect. Depending on which order of conciousness you are in by Kegan we can closely compare this with Ruggerio's theories also. As I continue I will closely describe the three theories with Kegan and how this will compare with Lonerga's theory combining the three. While Family,
o The remaining $125,000 up front charge would not be owed until ICEDELIGHTS provided one acceptable location and the lease was signed
With the ratio still on a downward trend from 2012, construction of new apartments and condominiums is one of the fastest-growing segments in the construction industry, though slowdown is expected heading into 2021 as the economy continues to improve and home buying, in turn, will increase. (Apartment & Condominium Construction in the US: Market Research Report, 2016) With the trend for millennials to delay home ownership, landlords have some insulation to market fluctuations, but still need to be cognizant of anticipated increases in the rent/price ratio.
By looking further into this dilemma using various ethical standpoints allows for a broad understanding of principles and complexity in a specific situation with these paradigms. The focuses are three prominent ethical paradigms such as: teleological utilitarianism, deontological duty theories and virtue based ethics. Each of these three paradigms will be applied to the aforementioned dilemma, each will be evaluated and the best option will be revealed.
I decided to buy because I could make a profit when I want to sell it and I can make renovations to the area. After thinking it through, I concluded that my total budget for the house/condo was about $250,000 but I wanted to stay under that price so that I was not house poor (which is when you put too much money into a house to the point where you can barely pay for it or live). My apartment is in Teton Village, Wyoming since I am being a larger animal vet and they have a lot of livestock and ranches out there. This condo is located at 7680 Granite loop Road (Unit 651). This space has two bedrooms, two and a half baths, and is 1,720 square feet. My condo also has a beautiful view of the mountains, good prices ($110,000), and has a beautiful living area. The complex has an asphalt driveway, a pool, and an underground parking garage.I decided not to have a roommate because I can pay for the property myself and I wanted the space to
I believe this is where micro and macro work intertwine. Sherrena would also be a great community leader. Although she did not discriminate against families with children, she is considered a private landlord and could provide information on how licensure and discrimination work. In addition, Sherrena can also recommend other landlords through agencies to see how they view children on their property. Although not mentioned in the book, it would also be important to speak to an FHA specialist about the landlord-tenant relationship.
For Precious, I have used a Systems theory/ Family Systems approach to evaluate and summarize her needs and interventions. One of the crucial aspects that I have addressed is that being removed from the abusive environment is crucial for her and her two children. At the moment she is able to stay at a half-way house that can accommodate her and her children. She is able to also utilize childcare while she attends her alternative school. I have spoken with Precious, and she states that she wants to get her own place and raise her children. Being that she is 17, she is still considered a minor so we spoke about how certain obstacles may bar her from leasing an apartment right away. I have made a referral for her
the rent is set at a lower than normal level, an unsatisfied demand is created.
The main problem rent control can create to landlords is the case of the tenant do not move out because of the good rental price. That causes the landlords to lose money by not being able to increase the rental price of their units. Besides, the price of maintenance continues to increase, causing landlords to not earn any profit with their ...
In this assignment we will be identifying an ethical dilemma an individual has experienced. We will begin with a short introduction of what an ethical dilemma is, moving on to providing brief details of the dilemma an individual has experienced. We will then go on to selecting one ethical theory, to show how it can help an individual understand and deal with the situation when placed within, followed by a conclusion.
The families will have to find a home that suits their comfortableness and the owner of the property has to approve that they can live there while using governmental assistance. My parents are landlords and they do not rent their homes out to people on housing assistance. The reason being is, one it is a long process, two they know people who are on housing assistance wont treat it like their home and the renters know they have to pay a small amount so they won't take care of it, three housing assistance will pay you through a bank account vs. someone who is renting without assistance you get your money in your hand, four people who are on housing assistance allow other people to move in with them when there is already a limit of people to live there because the houses aren’t so big. According to the housing assistance rules, the downfall I think there is, is there’s a waiting list. They take who they think needs it the most first and take who needs it the least last, even though they all have applied for it.
As we went through the apartment, I saw some things either needed to be fixed or replaced. At the end of the tour, I started the conversation about the rent. He was adamant that the rent should be $400 per person for 4 BHK apartment. I demanded the rent be lowered to $350 per month and demanded that the Wi-Fi be included and new heaters be installed because the current heaters were old and making noise. I Remember from the readings of Getting to Yes, develop options for mutual gain, I was looking for a two-year lease, coincidently, my land lord was looking for tenants who could sign a two-year lease instead of one, so I decided to sign the two-year deal, if he lowered the rent which was agreed at $370 per month including the Wi-Fi bill plus the heaters being replaced by new ones. By creating this win-win situation, both of us agreed on the terms and concluded the
Everyone in this world has experienced an ethical dilemma in different situations and this may arise between one or more individuals. Ethical dilemma is a situation where people have to make complex decisions and are influenced based on personal interests, social environment or norms, and religious beliefs (“Strategic Leadership”, n.d.). Leaders and managers in the company should set guidelines to ensure employees are aware and have a better chance to solve and make ethical decisions. Employees are also responsible for understanding their ethical obligations in order to maintain a positive work environment. The purpose of this case study is to identify the dilemma and analyze different decisions to find ways on how a person should act ethically when left with an ethical dilemma.