securix.io

A Property Management Agreement Must Include

Steven Moretti, owner of Moretti Management Group in Potomac, Md., said investors should be alert to companies trying to do more new business than they can reliably handle. “The problem with setting up a large customer base without a solid infrastructure is that they don`t deal with all the issues that arise in a timely manner. The absence of an immediate continuation of repairs has a negative impact on the property and harms the relationship between the tenant and the landlord.¬†Two examples of obligations of the owner of the property are as follows: when developing the sections describing the responsibilities of the owner, it is important to cover everything necessary for effective management and efficient operation of the property. If you omit the fees, you may be required to cover those fees once you have signed the contract. . . .