Services Provided for Flat Monthly Fee:
- Collection of Rent – rent payments would be collected by the management company and deposited into segregated bank accounts;
- Retention of Security Deposit – in accordance with New York law, the security deposits will be maintained in separate bank accounts;
- Payment of Real Estate Taxes;
- Payment of Common Charges, Maintenance, Assessments & Utilities;
- Point of Contact for Tenants;
- Addressing Tenant Defaults;
- Coordination of Repair & Service Issues; and
- Acceptance of Notices from Tenant, Building & Municipal Departments (finance, building etc.)
Additional Services (Available upon Request):
- Drafting & Negotiation of Leases & Riders;
- Location & Screening of Tenants. Coordination with Real Estate Agents; and
- Coordination of Legal Actions Necessary to Address & Cure Tenant Defaults.