Memphis Tennessee Property Management Package

State:
Tennessee
City:
Memphis
Control #:
TN-P114-PKG
Format:
Word; 
PDF; 
Rich Text
Instant download

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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How to fill out Tennessee Property Management Package?

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FAQ

Property Management Fee: 8% Leasing Fee: One half of first month's rent. Renewal Leasing Fee: $250. Maintenance Fee: 15%

There is generally a monthly percentage of the rental fee that is charged, which may vary considerably, but are typically between 5-10%.

As a baseline, expect to pay a typical residential property management firm between 8 ? 12% of the monthly rental value of the property, plus expenses. Some companies may charge, say, $100 per month flat rate.

Becoming a Section 8 landlord in Tennessee is easier than you think....These are the 5 steps you should take: Reach out to the local Public Housing Authority. Make sure your property meets the standards they set. Pass housing inspection. File voucher processing paperwork. Work with the Housing Authority to find tenants.

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%.

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.

Percentage of Monthly Rent 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%.

Submitting Information If you have changes in your household circumstances (income, expenses and composition) and would like to request an Interim Recertification, you may submit the request along with supporting documentation to the HCVP team via US mail, fax, or email to hcv.recert@memphisha.org.

Typically, property management companies will charge around 10-15% of the rental price for this service.

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.

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Memphis Tennessee Property Management Package