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Residential Management The services we offer in the management of
rental units are as follows:
- Renting of apartment suites;
- Screening of new tenants;
- Collection of monthly rent and arrears. All rents will be deposited
into a separate bank account and credited to the individual resident
accounts;
- Monitoring rental rates and putting in rent increases on (a) turnover
of tenants and (b) on yearly anniversary dates as the market allows;
- Overseeing the day-to-day operation of the building;
- Overseeing the on-site managers of the building, if applicable;
- Reviewing and paying from the owner's trust account all expenses
relating to the operation of the building;
- Handling tenant disputes;
- Monitoring closely the incoming and outgoing inspection of suites so
that damage, other than normal wear and tear, is charged to the tenant's
security deposit rather than incurred by the building;
- Obtaining quotes and overseeing workmanship on repairs to the
building;
- Preparing monthly operating statements;
- Other functions as agreed.
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