PROPERTY MANAGEMENT FEES
 
Robinson-Batiste Properties will locate tenants, collect rent, process lease renewals, handle maintenance, repairs and all other lease issues through out the term of the lease. All accounting functions, trust accounts, monthly statements, collections and landlord tenant communications will be managed by Robinson-Batiste Properties.

The initial tenant finders fee will be equal to one month`s rent. Subsequent lease renewal fees and multi-year lease fees are based on only 50% of one month`s rent and do not need to be paid until beginning of each successive year term. Tenant rental checks shall be made payable to Robinson-Batiste Properties and the first month`s rent shall be retained by Robinson-Batiste Properties as its procurement fee. For your convenience, renewal fees and multi-year lease fees will also be retained from rental proceeds.

The Monthly Management Fee shall be 6% percent of the monthly rental proceeds or $80.00 whichever is greater ($80.00 is the minimum Fee). For your convenience, the monthly management fee will be deducted from the rental proceeds and the property owner will receive the balance. When your home is placed on the market for the first time with Robinson-Batiste Properties, the monthly management fee will be waived until the first full month of the lease and will continue at the same rate until a new lease at a new rate has been established, or until the Management Agreement is terminated.

TENANT ONLY SERVICE FEES

If a property owner desires to manage his own property Robinson-Batiste Properties will provide a Tenant Only Lease. Robinson-Batiste Properties will advertise the property through its media sources, check prospective tenants credit worthiness, lease history, write the lease, council the homeowner, then turn the lease and security deposit over to the homeowner. The fee for this service will be an amount equal to one month`s rent, retained from the first month`s rental payment.

PETS

If the owner will accept pets, a "pet fee" will be required of the tenant. This fee is paid to the owner at acceptance of the lease. The tenant shall sign a separate "pet fee" agreement at time of lease. This fee is in addition to the security deposit and is not refundable to the tenant and can be immediately used by the owner to help offset the procurement fee.

MONTHLY STATEMENTS

Robinson-Batiste Properties will send its rental proceeds check to the homeowner, along with a monthly statement that will outline all rental income, expenses and accounting functions concerning this property. At the end of the year, a 12 month financial recap will also be sent to you for tax purposes.

PAYMENTS TO OWNERS

There is a 5 day grace period in our lease. Our payment to you is by Robinson-Batiste Properties Bank Check and should reach you by mail no later than the 15th day of the month. (Allowing time for check to clear bank). 

OUR ADVERTISING

Robinson-Batiste Properties will market your property through its various online & offline media sources to obtain qualified tenants. Also your property will be entered into the local Multiple Listing Service for instant information distribution, and sharing among all Real Estate companies. 

RENTER APPLICATIONS

A thorough tenant pre-screening application will be completed and tenant(s) must pass an extensive credit examination by a reputable credit reporting service. Should a prospective tenant`s lease application and credit be questionable, you will be informed of the discrepancy and shall have the final decision. Each unrelated applicant shall submit a separate application and background checks are required of all applicants.

FAIR MARKET RENTAL VALUES

We will establish a fair market rental value and lease renewal values. We will also, provide comparable properties and information on recently leased properties to help you make an intelligent pricing decision. This is a FREE service.

PROPERTY MAINTENANCE
(For Properties Managed by Us)

Robinson-Batiste Properties will be responsible for maintaining your property as required to keep the property safe, habitable and functional.

  

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