Photocopying Services: Mail outs, such as Notices, Rental Increases, and Assessment letters Delivery Charges: Mail outs as above and Courier Services. Administration Charges: Advertising, long distance charges, credit and reference checks. All costs to be at market rates plus GUST with no additional mark up. All parties acknowledge that the financial terms of this proposal and the contents hereof are strictly confidential and covenants not to disclose or allow disclosure of the same to any third party. Termination: Additional Charges: Confidentiality: Property Management Proposal
Range of Services: Management and Administration of: a) b) c) d) e) Provide active leasing program in order to fully lease/rent the property. Provide active supervision of Caretakers and all site staff. Lawn and general grounds maintenance Cleaning, painting, staining and general maintenance and repair of the property Snow removal: Cleaning and maintenance of roadways, curbs and sidewalks, and conducting regular and frequent inspections to ensure delivery to these services All contracts approved by the Landlord/Owner Sending out delinquency notices for rent arrears as follows: I. T. Iii. ‘v. Day in Arrears, A personal telephone call or personal contact is made to the tenant. 2 Days in Arrears, a reminder notice is sent to the tenant. 3 Days in Arrears, an eviction notice is delivered to the tenant and late fees are applied. At the end of the eviction period, legal proceedings commence to remove the tenant permanently from the premises. Files are then listed with a third party collection agency and an RE rating is posted on Aquifer. Commercial tenants in arrears will have their locks change or legal actions will commence to secure all arrears.
You will have complete control over your financial affairs. We will collect all rents and security deposits and deposit them directly into a trust account(s) set up in the name of the Landlord. All expenditures in excess of $200. 00 will be discussed with the Landlord, prior to the Property Manager making a commitment for provision of services. Property Management Proposal 2 3 Operating Analysis and Management: Esquire Management Group can provide you with financial planning and analysis.
Projections of cash flow expenditures are done to optimism the condition of your property throughout its maintenance cycle. Clients can benefit from thorough analysis of the marketing, operating, financing and life cycle re-capitalization needs of a property. As a client of Esquire Management Group, this service is provided for a minimal charge. Financial Statements: We will assist you in managing the financial affairs of your property by providing monthly financial statements.
These statements will show how your current month’s income and expenses compare to your annual budget. This information will allow you to monitor expenditures to ensure that your budget plan is followed. It will also provide you with raring signals if certain expenses are being incurred faster than anticipated and have a potential of exceeding what was budgeted. The financial statements will be completed within fifteen (15) working days of the end of the month and distributed to the Landlord along with the Property Manager’s monthly overview.
Budgets: Esquire Management Group will work with you to develop annual budgets that will enable you to meet your annual operating and capital needs. This meaner that you, as a Landlord, will not be faced with unnecessary surprises throughout the year. We involve you in the budgeting process and have developed a simple step-by-step recess to develop your financial plan. Collection of Arrears: We will contact tenants who are in arrears, personally, by phone, and/or by letter. Our arrears collection system will automatically charge late charges on all overdue accounts.
Renters who leave without paying their rent will be registered with the Credit Bureau (Aquifer) and appropriate collection action and/or legal proceedings will be pursued on the direction of the Landlord. We have negotiated with the Bank to receive interest on the average daily balance on your accounts. This meaner you will receive a greater return on your investments. Commercial tenants in arrears will have their locks change or legal actions will commence to secure all arrears. Good communication is essential!
