How do you handle security deposits

How do you handle security deposits?

Security deposits are collected with each lease agreement. Deposits are equal to one month’s

rent if the tenant has good credit.

The deposit is held in a trust account by the broker until the tenant vacates the premises.

A final walk through is completed and any outstanding corrective issues or damages are

addressed. Once these deductions have been made, the broker will release any remaining

balance from the security deposit to the tenants. Any amount deducted for corrective work will

be sent directly to the owner.

Getting started is simple. Call or email us to discuss your specific needs. You can also fill out this contact form and we’ll get back to you as soon as possible. We will conduct a comparative rental analysis and fax or e-mail it to you with a personalized property management agreement. When we receive the documents, we will begin marketing and/or managing your property immediately.