Preliminary Rental Application: Fill & Download for Free

If you had a legal contract to lease the property, obtained without any wrongdoing on your part, and you were in full compliance with your part of the bargain and the lease did not provide for the landlord to cancel under some conditions, then you do have legal remedies as prescribed by that contract.Notice there are several parts to this:You must have a legal contract to lease it. If your lease was with the management company, it must have the owner’s authority to lease it. An authorized representative of the company must have signed it, you must have signed it, and you must be competent to enter into a contract (i.e., an adult, not judicially declared incompetent to handle your legal affairs).You must have obtained the lease without wrongdoing on your part. If you lied on your rental application, used a stolen identity, or otherwise deceived the management company, your contract is probably voidable by them, if not void to start with.You must have been in full compliance with your part of the bargain, including providing all required payments within the times specified by the lease. Let’s say you were required to make a damage deposit by 10 days before the inception of the lease, but you made the payment five days before inception. The lease may very well contain a provision that states the lease will be void if preliminary payments are not made on time.The lease may have contained provisions for cancelation on the part of the landlord under some conditions (such as inability to verify your income or employment). If so, and you were notified of a cancelation because of those conditions (or a reasonable attempt was made to notify you at the address you provided), then the lease may have been canceled.Assuming you had a legal contract, obtained without wrongdoing on your part, you were in full compliance with your part and no conditions justified a cancelation, then your remedies for breach of the lease on the part of the landlord will be spelled out in the lease itself, usually under a section called Remedies. In some cases, state or local law may also spell out additional remedies, so you would be well advised to consult an attorney, with a copy of your lease and all related documents (application, correspondence with the management company, records showing payment of required amounts, etc.

Evaluate the property and determine an accurate rental rateMarket the property for rentPrepare home for rentClean home and optimize interior appealManicure landscaping to increase curb appealCreate ads tailored to the property and advertising medium. Some of the mediums commonly used are:Paid and free rental listing websitesPrint publicationsSignsMLSFliersWork with other realtors and leasing agents to find a tenantProvide a 24-hour hot-line where prospective tenants can listen to detailed information about the propertyField calls from prospects for questions and viewingsMeet prospective tenants for showings throughout the week and weekend.Provide prospective tenants with rental applications that are legally compliant with fair housing lawsCollection applications with application feeTenant Screening and SelectionPerform a background check to verify identity, income, credit history, rental history, etc.Grade tenant according to pre-defined tenant criteriaInform tenants who were turned downTenant Move InDraw up leasing agreementConfirm move in date with tenantReview lease guidelines with tenant regarding things like rental payment terms and required property maintenanceEnsure all agreements have been properly executedPerform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.Collect first months rent and security depositRent collectionReceiving rentHunting down late paymentsSending out pay or quit noticesEnforcing late feesEvictionsFiling relevant paperwork to initiate and complete an unlawful detainer actionRepresenting owner in courtCoordinating with law enforcement to remove tenant and tenants possessions from unitLegalAdvise in the event of a legal dispute or litigationRefer owner to a qualified attorney when necessaryUnderstand and abide by the latest local, state and federal legislation that apply to renting and maintaining rental properties.InspectionsPerform periodic inspections (Inside and outside) on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc.Send owner periodic reports on the condition of the propertyFinancialProvide accounting property management servicesMake payments on behalf of owner (Mortgage, insurance, HOA dues, etc.)Detailed documentation of expenses via invoices and receiptsMaintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)Provide annual reporting, structured for tax purposes as well as required tax documents including a 1099 formAdvise owner on relevant tax deductions related to their rental propertyProvide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expensesMaintenance, Repairs, and RemodelingProvide and oversee an in-house maintenance crewEstablish a preventative maintenance policy to identify and deal with repair needsProvide an network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code.Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.Maintain outdoor areasLeaf and snow removalLandscapingRemoving trash and debrisMaintain and monitor a 24 hour emergency repair hot-lineLarger renovation or rehab projectsProvide recommendations on how the project can maximize rental income.Prepare preliminary cost estimatesGet multiple independent bids for the workAct as general contractor overseeing the workTenant Move OutInspect unit and fill out a report on the property's condition when the client moves outProvide tenant with a copy as well as estimated damagesReturn the balance of the security deposit to the tenantForward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs.Clean unit and perform and needed repairs or upgradesRe-key the locksPut the property back on the market for rent

Property Management Services – What do they do?What services do property management services provide? The following is a list of the tasks property managers commonly perform for owners. One may need only some of these property management services.So, it is better to discuss what services you need upfront with the company so you can decide the rates.1. Evaluate the property and determine an accurate rental rate· Offer recommendations on repairs and cosmetic improvements that maximize monthly rent while providing good ROI.· Gather data on rental rates in the area and work with owners to determine the optimal rental rate. Rent research will vary, but should include looking at the recently rented comparables according to size and type.· Discuss with owners the pros and cons of different policies such as allowing smoking, etc.2. Market the property for rent· Prepare home for rento Clean home and optimize interior appeal· Create ads tailored to the property and advertising medium. Some of the mediums commonly used are:o Paid and free rental listing websiteso Print publicationso Signso Fliers· Work with other realtors and leasing agents to find a tenant· Field calls from prospects for questions and viewings· Meet prospective tenants for showings throughout the week and weekend.· Provide prospective tenants with rental applications that are legally compliant with fair housing laws· Collection applications with application fee3. Tenant Screening and Selection· Perform a background check to verify identity, income, etc.· Inform tenants who were turned down4. Tenant Move In· Draw up leasing agreement· Confirm move in date with tenant· Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance· Ensure all agreements have been properly executed· Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.· Collect first month’s rent and security deposit5. Rent collection· Receiving rent· Hunting down late payments· Sending out pay or quit notices6. Evictions· Filing relevant paperwork to initiate and complete an unlawful detainer action· Representing owner in court· Coordinating with law enforcement to remove tenant and tenants possessions from unit7. Legal· Advise in the event of a legal dispute or litigation· Refer owner to a qualified attorney when necessary· Understand and abide by the latest local, state legislation that apply to renting and maintaining rental properties.8. Inspections· Perform periodic inspections (Inside and outside) on a predefined schedule looking for repair needs, safety hazards, lease violations, etc.· Send owner periodic reports on the condition of the property.9. Financial· Provide accounting property management services· Make payments on behalf of owner (Mortgage, insurance, etc.)· Detailed documentation of expenses via invoices and receipts· Maintain all historical records (paid invoices, leases, inspection reports,warranties, etc.)· Provide annual reporting, structured for tax purposes as well as required tax documents· Advise owner on relevant tax deductions related to their rental property· Provide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses10. Maintenance, Repairs, and Remodeling· Establish a preventative maintenance policy to identify and deal with repair needs· Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.· Maintain outdoor areaso Removing trash and debris· Larger renovation or rehab projectso Provide recommendations on how the project can maximize rental income.o Prepare preliminary cost estimates11. Tenant Move Out· Provide tenant with a copy as well as estimated damages· Return the balance of the security deposit to the tenant· Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs.· Clean unit and perform and needed repairs or upgrades· Re-key the locks· Put the property back on the market for rent