Colorado Springs Colorado Property Management Package

State:
Colorado
City:
Colorado Springs
Control #:
CO-P114-PKG
Format:
Word; 
PDF; 
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Description

This Property Management Package contains the essential forms to assist you in leasing your premises, complying with legal requirements, and keeping relations with your tenants amicable. State-specific forms are included.


The following forms are included in this package:


1. Landlord Tenant Closing Statement to Reconcile Security Deposit


2. Residential Rental Lease Application


3. Residential Rental Lease Agreement


4. Commercial Building or Space Lease


5. Security Deposit Agreement


6. Inventory and Condition of Leased Premises for Pre-Lease and Post-Lease


7. Agreement to Lease Commercial Property with Option to Purchase at End of Lease Term - Rent to Own - Real Estate Rental


8. Lease or Rental Agreement of Residential Property with Option to Purchase and Own Property - Lease or Rent to Own


9. Property Manager Agreement


Purchase of this package is a savings of almost 60% off over purchase of the forms individually!

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FAQ

Most property management companies charge a monthly fee of between 8% ? 12% of the monthly rent collected. If the rent on your home is $1,200 per month the property management fee would be $120 based on an average fee of 10%.

Property manager responsibilities include setting and collecting rent, handling maintenance requests, filling vacant units and potentially setting the budget for the property. Property managers often take care of property that real estate investors either do not live near or do not wish to personally manage.

Monthly Management Fees 9% of monthly rent.

Responsibilities of a Property Manager Marketing and Financial. Tenant and Occupancy. Facility. Administration & Risk Management.

In Colorado, a real estate broker's license is required to legally operate as a property manager. Licenses require 168 hours of education, passing an exam, insurance and a background check. Exceptions exist for on-site managers.

The four basics of property management are maintenance & repairs, rent and fee collection, leasing and documentation, and property inspection (in that order). Then comes other facets like evictions, property listings, sales, outdoor services, etc.

They are responsible for the quality and condition of the block, keeping it rented out to qualified tenants, handling tenant deposits and ground rent collection, scheduling repairs?the list goes on.

Property management is the daily oversight of residential, commercial, or industrial real estate by a third-party contractor. Generally, property managers take responsibility for day-to-day repairs and ongoing maintenance, security, and upkeep of properties.

Typical property management costs A monthly general management fee typically falls between 8% and 10% of the monthly rent for a single-family home?flat rates are rare for the monthly fee.

The process involves meeting all prospective tenants at the property, ensuring every applicant completes an application form including providing reference checks, conducting tenant database checks, conducting checks on their history which includes employment verification, landlord references and confirming drivers

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Colorado Springs Colorado Property Management Package