Vehicle Tagging in Condo Areas

Has anyone had experience in those tags that one puts over the rear view mirror to show that that partcular vehicle is autahorized to be parked in the parking areas of the condo common areas? In my opinion, it would be a waste of money but am attempting to put together a pro and con for that concept. Keeping in mind that of our 300 units, 1/2 are renters who come and go and no one knows of the rental agreements. Some units have 3 vehicles instead of the normal 2 vehicles. Many owners fly in 2-3 times a year and then rent a car while they are at their unit for 1-2 weeks and then out again. I do not think it would work and would cost the HOA lots of money to keep up with the purchasing of tags and hiring of individuals to "police" the issuance of tags, etc. Any ideas on pros and cons??

Another problem is that most of the owners are away... then to issue a hanging tag to them, they would in turn send it to their tenant. They might prefer that we issue it directly t the tenant.....by so doing, who signs for the tag? I ask this because the tag will eventually be lost by the tenant and cannot make the tenant pay because they may be long gone. What could be done (which takes a lot of work) is to have the owner (away in Canada) authorize by email for the tenant (by name) to pick it up so if and when the tenant loses it or takes it with them, the owner would be responsible..... etc etc

One of the major problems with the keys to the mail box.. etc going missing is that when the owner is foreclosed on, he is angry and leaves.. the bank takes it over and has to change the lock in order to get in.. the keys(to the unit... to the mail boxes.. and other keys, etc) are gone so who pays?

GlenL: Now.. think of 300 units... 300 tags and money being put down(say $20 for each). That is going to require an office staff to keep up with the bookkeeping, sending out of letters, etc... It is what I refer to as the "policing" of the system.