Heartstone Properties, LLC.
SUMMARY OF SERVICES
Click here to contact us about managing your property.
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Tenant Placement
Fee: 50% of one Month's rent
- Evaluate the Property and Rent Potential
- Advertise the Property in print and online
- Show Property to Potential Tenants
- Obtain and Process Credit Applications
- Run Credit Reports
- Perform Inventory and Condition Inspection
- Verify Employment and Past Rental Information
- Intiate Lease with Tenant
- Collect Security Deposits/Prepaid Rent
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Month to Month Management
Fee: 10% of Collected Rent
- Collect Rent
- Pursue Late/Delinquent Rent
- Sue for Rents as Required (1)
- Eviction as REquired (1)
- Notice to Tenant/Owner of any Status Change
- Process Maintenance Calls
- Dispatch Vendors/Contractors to Services (2)
- Respond to Tenant/Owner Calls and Problems
- Account for all Income and Expenditures
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Re-Lease to Existing Tenant
Fee: 15% of One Month's Rent
- Evaluate Property and Market for Rent
- Advise Owner Regarding Re-Lease and Rate
- Evaluate Existing Tenant for Care of Property
- Evaluate Existing Tenant for Payment History, Etc.
- Initiate New Lease with Existing Tenant
- Evaluate Existing Tenant for Service Calls
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Services related to Collection/Eviction
- Notice to Vacate
- Notice to Quit
- Demand for Compliance/Possession of Premises
- Monitor Attorney during F.E.D. Eviction
- Place Account with Collection Agency
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***Insurance:
Every Owner is required to carry Fire and Extended Coverage Insurance on the Property. Insurance must also list Heartstone Properties LLC as additional insured.
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NOTES:
1) Any actual Attorney's fees or Costs are paid by the Owner.
2) Supervising/Coordinating major removations and repairs may not be covered by the regular Management Fees and be subject to separate negotiations. All Contractors/Vendor labor and material are paid for by the Owner.
3) Collective fees are paid by the Owner or deducted from the collected proceeds.
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