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Services
Why Property Management
FAQ
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l Explaining Legal Issues and Responsibilities to Tenant(s)
l Periodic Property Inspection (exterior/interior)
l Rent Collection and Deposit
l Inventory Check (at the time of vacating)
 
l Accounting Services
l Repairs and Maintenance Contracting
l Utility Bill & Property Tax Payments
   
l Finding tenant
l Finding property to invest in
l Finding purchaser for your property
 
l Title searches/diligence
l Property registrations
l Property litigation support
 
  • Tenant Management
    Explaining Legal Issues and Responsibilities to Tenant(s)

    On your behalf, our executive will explain the legal issues and responsibilities to your tenant(s). The following items will be discussed with the tenant(s):

    l Rent issues - Amount of rent, payment date, escalation in rent as per contract, advance rent, TDS (withholding taxes) deductions (if any) and any other payments
    l Duration of lease contract
    l Areas of property that can be used and those that is out of bound
    l Regular maintenance of property interiors and exteriors
    l Terms and conditions about the repairs and maintenance in the contract
    l Any other legal clauses in the lease contract that need to be explained

    To understand the terms and conditions of your lease contract (if already existing), we would require a copy of the rental agreement with your tenant.

    Periodic Property Inspection (exterior/interior)

    A periodic property inspection shall be conducted by us to check the condition of the property. Such inspection would include both the interiors and exteriors of the property.

    Exterior checks will be done on monthly basis by our Executive at the time of rent collection. An Interior check will be done once every quarter by a manager and the Property Inspection report would be mailed across to you.

    Damages and misuse or unauthorized use of property, if any shall be handled as per the contract terms and will be reported to you.

    Rent Collection and Deposit

    Monthly rent will be collected on or before the date fixed as per the agreement and will be deposited in the bank. A scanned copy of bank deposit receipt would be mailed to you. We will make reasonable efforts to make errant tenants pay up on time, but shall not be responsible for non-payment by any tenant.

    Inventory Check (at the time of vacating)

    Inventory checks will be made at the time of entry of the tenant into your property. If there is an existing tenant, we can conduct inventory check at the time of quarterly inspection.

    A complete check of inventory will be done, when the tenant is vacating the property and a detailed list of all assets and their conditions will be made. It will be compared against the inventory list annexed to the rental agreement and appropriate suggestions will be given to you based on the terms and conditions of the rental agreement.

  • Property Management
    Accounting Services

    Books of accounts will be maintained about the source and usage of funds. This will be handed over to you at the end of the financial year. TDS payment details will also be maintained and the details will be utilized at the time of filing Income Tax Returns in India.

    A quarterly report will be sent to you on all the receipts and disbursements on your account.
    Repairs and Maintenance Contracting

    Tenants can get in touch with us for all major maintenance work (they are expected to do minor work and bear the cost of consumables required for upkeep of the property). Upon request for maintenance work by tenants, a physical visit will be made to assess the work requirement within a reasonable time.

    External vendors / consultants will be engaged based on the complexity of the work. Possible reasons for the repairs will be analyzed & if it was due to the tenant’s fault it will be informed to you and required action will taken as per your feedback and the terms of conditions of the contract.

    We also undertake supervision and coordination of repair/maintenance work of property on behalf of the property owners.

    Utility Bill & Property Tax Payments

    All the details about the utility bill payments like Property Tax, Water, Electricity, etc will be maintained in our database and a request note for the payments will be sent to you well before the final payment date. After the receipt of the payments, it will be paid to the concerned department. Receipts will be maintained in your case file and can also be sent to you on request.

    In case the tenant vacates during our tenant management then, the service will be put on hold until the next tenant is found. This period of hold (provided it is not more than 6 months) will be added to the validity period of the tenant management service and the service shall get extended for such time. If the period of hold exceeds 6 months, then a refund request can be given and such refund shall be handled as per our Refund Policy.

  • Investment Management / Reality Services
    Finding tenant

    If you wish to optimize the return on your property investment, we offer to search for tenants according to the profile recommended by you. Our legal cell would draft lease agreements according to the state law requirements as well as help in registering them as per the legal requirements.

    Finding property to invest in

    We would be happy to assist you in locating a property to invest in according to your specifications and budget. We can offer our recommendations as well as survey the property for you to assess its value. Our legal experts are available to help you through the legal requirements of purchasing a property and getting it registered.

    Finding purchaser for your property

    If you would wish to sell your existing property, our realtors would be happy to search a buyer for you to help you get the best value for your investment. Our legal experts are available to help you through with your transactions as well as help repatriate the money if you so wish.

  • Legal Services
    Title searches/diligence

    Our legal experts can help you in doing title search of a property you wish to invest in.

    Property registrations

    We would be happy to assist you in locating a property to invest in according to your specifications and budget. We can offer our recommendations as well as survey the property for you to assess its value. Our legal experts are available to help you through the legal requirements of purchasing a property and getting it registered.

    Property litigation support

    Real estate in the developing world is often subject to litigation. Our legal experts have a vast litigation experience in real estate related matters. We are happy to provide our legal support in cases of non-vacancy by tenants, ancestral or other property disputes that you may find difficult in managing given your being settled out of the country or otherwise.

 
     
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