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2010 CHBO Property Owner Handbook


CHBO Complete

What Is CHBO Complete?

                                          CHBO Complete is a quality seal that identifies properties that meet or
                                          exceed the minimum standards as stated by the corporate housing industry
                                          and expected by the standard corporate housing tenant. The CHBO
                                          Complete seal assures tenants that the property meets with generally
                                          accepted corporate housing industry standards and is well furnished, fully
                                          equipped and comfortable.


How CHBO Complete Works

The CHBO Complete system allows landlords of distinctive executive rental properties to identify and market their
properties directly to the corporate traveler. Property owners certify their properties and are expected to adhere to the
honor system. The “tenant review process” successfully serves as a check and balance system.

When a property listing bears the CHBO Complete seal, it communicates value to prospective tenants and a
guarantee of a quality rental experience.

If you are interested in making your property CHBO Complete, follow the items below.
 Inventory List       Follow the Inventory List on the following pages. It’s a required checklist to ensure that your
                      rental meets at least the minimum number of desirable features and equipment expected by
                      corporate tenants. Owners are encouraged to give tenants a specific inventory list that can
                      serve as an inspection report at arrival and departure.
 Prepare the          Use the CHBO Handbook as a tool to make sure that everything is ready to meet the tenant’s
 Property             expectations.
 Utilities,           To qualify as a CHBO Complete property, you must provide:
 Internet Access
                          • Electricity
 & Cable/Satellite
                          • Water
                          • Trash pickup
                          • High-speed Internet service (with a modem/router located in the unit),and
                          • Expanded TV channels. This means providing extended basic cable service (i.e. CNN,
                            MSNBC, ESPN, etc). You may need to review your monthly bill and charge the tenant
                            for pay-per-view movies or additional services.
                      If your property has the potential of extra high heating or water bills you may want to provide
                      the tenant an allowance for the utilities. Let the tenant know the average heating bill in the
                      winter is $200 but if they choose to keep the heat at 75 degrees they will exceed this average
                      and will need to pay for the overage. Gather averages for the utilities and give the tenant a
                      reasonable allowance. If the tenant does go over the monthly allowance, you invoice them for
                      the difference.




                             Support@myCHBO.com
                             Phone: 877.333.2426 Fax: 720.228.2426                                                          2
2010 CHBO Property Owner Handbook


 Phone               Having a phone is optional, but recommended. Do some research to see if a flat rate package
                     that provides domestic long distance, phone service and high-speed Internet is available in
                     your area and would be cost effective.
                     Tenants cannot be expected to forward information or be disturbed by numerous calls. If you
                     plan on returning to the property at a later date, we recommend transferring your existing line
                     directly to a voicemail box and establishing a new phone number for the tenant.

                     Just a reminder that phone companies will charge a set-up fee for a new line so your first
                     phone bill will be higher than normal.


Activating the CHBO Complete Icon

Once you’ve used the Inventory List and Preparation Guide (included later in this Handbook) to prepare for your
tenant, you’re entitled to return to MYCHBO and turn on the CHBO Complete Icon. This icon will show as on your
property listing.


Tenant Reviews
Tenants can review properties during or after their stay. Tenants are asked to rate your property in terms of how it met
their expectations. If your property meets or exceeds their expectations, you will instantly make your listing more
attractive to the next potential tenant. However, if you have stated that you are CHBO Complete and tenants discover
discrepancies, you can expect a poor review and potentially fewer tenants.




                             Support@myCHBO.com
                             Phone: 877.333.2426 Fax: 720.228.2426                                                     3
2010 CHBO Property Owner Handbook




Property Inventory list - Page 1 of 2
Print out this consolidated inventory list to use as an actual checklist as you furnish your property.

The following list is based on CHBO’s understanding and experience with corporate housing travelers and their
expectations of a fully furnished corporate housing rental. To list your property as CHBO Complete your property
MUST have, as a minimum, the following item:


Kitchen
Place settings refer to the quantity of dishes, glasses and silverware that must be provided.
    • Studios: Set of six matching items (for example, six plates, six forks, six glasses).
    •   One & Two Bedrooms: Set of eight matching items.
    •   Three Bedrooms and Larger: Set of 10 matching items.

 General:                Blender       Broom/Dust Pan         Coffee Maker          Dishwasher*
                         Fire Extinguisher       Garbage Disposal*           Icemaker*      Microwave      Mixer    Mop
                         Oven        Refrigerator      Scissors      Stove       Tea Pot*     Toaster     Trash Can
                         Baking Dish       Broiler Pan       Can Opener          Colander     Cookie Sheet
                         Corkscrew        Cutting Board       Fork/Tongs         Grater     Ice Cream Scoop
                         Knife Set      Ladle        Measuring Spoon Set         Measuring Cup Set        Mixing Bowls
                         Pizza Cutter      Salt & Pepper          Spatula-flipper     Spatula-scraper     Spoon–slotted
                         Spoon–cooking          Tupperware         Utensil Holder      Vegetable Peeler
                         Water Pitcher
 Drinking:               Coffee Mugs        Drinking Glass         Juice Glass       Wine Glass
 Plates:                 Large Plates       Small Plates      Bowls        Serving Bowl
 Pots & Pans:            Large Frying Pan           Small Frying Pan      Large Sauce Pot         Small Sauce Pot
                         Large Pasta Pot
 Cutlery:                Cutlery Tray      Forks        Spoons       Knives       Steak Knives
 Linens:                 Dish Towel       Dish Cloth       Potholder       Placemats        Napkins


* Some items are recommended for a CHBO Complete property but are optional.




                             Support@myCHBO.com
                             Phone: 877.333.2426 Fax: 720.228.2426                                                        4
2010 CHBO Property Owner Handbook



Property Inventory Page 2 of 2

Bedroom
Closets and drawers need to empty and clean for the tenant to use.

 Furniture:             Bed       Headboard         Dresser      Night Stands
 Linens:                Bedspread        Blanket      Mattress Pad        Sheets         Pillows
 General:               Clock Radio         Hangers     Laundry Basket          Lights


Bathroom
Set refers to the quantity of towels and must be twice the potential number of occupants. Sets must match. A full
bath must include a shower, toilet and sink.

 Towels:                Bath      Hand       Face      Bath Mat
 General:               Plunger      Shower Curtain           Soap Dish    Toilet Brush            Waste Basket


Living room/Living Area
 Furniture:             Sofa      Coffee Table        End Table
 General:               Art     TV (min 32 in)        DVD       Stereo    Lights


Dining Room
Set refers to the quantity of chairs and must be a minimum of 4 and reflect the potential number of occupants.

 Furniture:             Table      Chairs
 General:               Art     Lights


Other
Set refers to the quantity of towels and must be twice the potential number of occupants. Sets must match. A full
bath must include a shower, toilet and sink.

 General:               Phone*      Iron      Ironing Board       Vacuum        Washer/Dryer           Snow Shovel*   Garage
                     Broom*       Fan*

 Light Bulbs:        Keep a supply of light bulbs under the kitchen sink to avoid a tenant calling and asking you to
                     replace one.




                              Support@myCHBO.com
                              Phone: 877.333.2426 Fax: 720.228.2426                                                            5

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CHBO Handbook Checklist

  • 1. 2010 CHBO Property Owner Handbook CHBO Complete What Is CHBO Complete? CHBO Complete is a quality seal that identifies properties that meet or exceed the minimum standards as stated by the corporate housing industry and expected by the standard corporate housing tenant. The CHBO Complete seal assures tenants that the property meets with generally accepted corporate housing industry standards and is well furnished, fully equipped and comfortable. How CHBO Complete Works The CHBO Complete system allows landlords of distinctive executive rental properties to identify and market their properties directly to the corporate traveler. Property owners certify their properties and are expected to adhere to the honor system. The “tenant review process” successfully serves as a check and balance system. When a property listing bears the CHBO Complete seal, it communicates value to prospective tenants and a guarantee of a quality rental experience. If you are interested in making your property CHBO Complete, follow the items below. Inventory List Follow the Inventory List on the following pages. It’s a required checklist to ensure that your rental meets at least the minimum number of desirable features and equipment expected by corporate tenants. Owners are encouraged to give tenants a specific inventory list that can serve as an inspection report at arrival and departure. Prepare the Use the CHBO Handbook as a tool to make sure that everything is ready to meet the tenant’s Property expectations. Utilities, To qualify as a CHBO Complete property, you must provide: Internet Access • Electricity & Cable/Satellite • Water • Trash pickup • High-speed Internet service (with a modem/router located in the unit),and • Expanded TV channels. This means providing extended basic cable service (i.e. CNN, MSNBC, ESPN, etc). You may need to review your monthly bill and charge the tenant for pay-per-view movies or additional services. If your property has the potential of extra high heating or water bills you may want to provide the tenant an allowance for the utilities. Let the tenant know the average heating bill in the winter is $200 but if they choose to keep the heat at 75 degrees they will exceed this average and will need to pay for the overage. Gather averages for the utilities and give the tenant a reasonable allowance. If the tenant does go over the monthly allowance, you invoice them for the difference. Support@myCHBO.com Phone: 877.333.2426 Fax: 720.228.2426 2
  • 2. 2010 CHBO Property Owner Handbook Phone Having a phone is optional, but recommended. Do some research to see if a flat rate package that provides domestic long distance, phone service and high-speed Internet is available in your area and would be cost effective. Tenants cannot be expected to forward information or be disturbed by numerous calls. If you plan on returning to the property at a later date, we recommend transferring your existing line directly to a voicemail box and establishing a new phone number for the tenant. Just a reminder that phone companies will charge a set-up fee for a new line so your first phone bill will be higher than normal. Activating the CHBO Complete Icon Once you’ve used the Inventory List and Preparation Guide (included later in this Handbook) to prepare for your tenant, you’re entitled to return to MYCHBO and turn on the CHBO Complete Icon. This icon will show as on your property listing. Tenant Reviews Tenants can review properties during or after their stay. Tenants are asked to rate your property in terms of how it met their expectations. If your property meets or exceeds their expectations, you will instantly make your listing more attractive to the next potential tenant. However, if you have stated that you are CHBO Complete and tenants discover discrepancies, you can expect a poor review and potentially fewer tenants. Support@myCHBO.com Phone: 877.333.2426 Fax: 720.228.2426 3
  • 3. 2010 CHBO Property Owner Handbook Property Inventory list - Page 1 of 2 Print out this consolidated inventory list to use as an actual checklist as you furnish your property. The following list is based on CHBO’s understanding and experience with corporate housing travelers and their expectations of a fully furnished corporate housing rental. To list your property as CHBO Complete your property MUST have, as a minimum, the following item: Kitchen Place settings refer to the quantity of dishes, glasses and silverware that must be provided. • Studios: Set of six matching items (for example, six plates, six forks, six glasses). • One & Two Bedrooms: Set of eight matching items. • Three Bedrooms and Larger: Set of 10 matching items. General: Blender Broom/Dust Pan Coffee Maker Dishwasher* Fire Extinguisher Garbage Disposal* Icemaker* Microwave Mixer Mop Oven Refrigerator Scissors Stove Tea Pot* Toaster Trash Can Baking Dish Broiler Pan Can Opener Colander Cookie Sheet Corkscrew Cutting Board Fork/Tongs Grater Ice Cream Scoop Knife Set Ladle Measuring Spoon Set Measuring Cup Set Mixing Bowls Pizza Cutter Salt & Pepper Spatula-flipper Spatula-scraper Spoon–slotted Spoon–cooking Tupperware Utensil Holder Vegetable Peeler Water Pitcher Drinking: Coffee Mugs Drinking Glass Juice Glass Wine Glass Plates: Large Plates Small Plates Bowls Serving Bowl Pots & Pans: Large Frying Pan Small Frying Pan Large Sauce Pot Small Sauce Pot Large Pasta Pot Cutlery: Cutlery Tray Forks Spoons Knives Steak Knives Linens: Dish Towel Dish Cloth Potholder Placemats Napkins * Some items are recommended for a CHBO Complete property but are optional. Support@myCHBO.com Phone: 877.333.2426 Fax: 720.228.2426 4
  • 4. 2010 CHBO Property Owner Handbook Property Inventory Page 2 of 2 Bedroom Closets and drawers need to empty and clean for the tenant to use. Furniture: Bed Headboard Dresser Night Stands Linens: Bedspread Blanket Mattress Pad Sheets Pillows General: Clock Radio Hangers Laundry Basket Lights Bathroom Set refers to the quantity of towels and must be twice the potential number of occupants. Sets must match. A full bath must include a shower, toilet and sink. Towels: Bath Hand Face Bath Mat General: Plunger Shower Curtain Soap Dish Toilet Brush Waste Basket Living room/Living Area Furniture: Sofa Coffee Table End Table General: Art TV (min 32 in) DVD Stereo Lights Dining Room Set refers to the quantity of chairs and must be a minimum of 4 and reflect the potential number of occupants. Furniture: Table Chairs General: Art Lights Other Set refers to the quantity of towels and must be twice the potential number of occupants. Sets must match. A full bath must include a shower, toilet and sink. General: Phone* Iron Ironing Board Vacuum Washer/Dryer Snow Shovel* Garage Broom* Fan* Light Bulbs: Keep a supply of light bulbs under the kitchen sink to avoid a tenant calling and asking you to replace one. Support@myCHBO.com Phone: 877.333.2426 Fax: 720.228.2426 5