Residential Lease Rental Agreement: Fill & Download for Free

A good property management company cares for your investment property. But most companies here are using your property to grow personal revenue.Here are the few ways, how most of the companies lure your investment returns,Sub Lease:They don’t care how many people to accommodate, all they want is high return so they accommodate as many people as possible. This certainly damage you propertyRenting residential property to commercial purpose, Which is not legally permit but some property management does such crap without your knowledgeRenting your property to un-preferred tenant such as nuisance bachelor, this might affect your emotional sentiment towards your property.You migh not know, who is your tenant, what is the family size, what was the rent drawn by property management from tenant, What was the security deposit drawn by property management company. Most property management company doesn’t reveal true information or lack of informationFinancial:Most company draw more rent and security deposit from tenant and offset very less to you. Exact % of cut from tenant is not revealed by many.Most companies demand brokerage at every 11 months, This is absolute cheat, why do you want o pay recurring brokerage when they want to place tenant just once.Avoid hefty registration charge, recurring month service charge and renovation cost up on all like painting, cleaning, plumbing and carpentry.Solution:Never ever sub-lease your property to any property management company. This leads you to lack of knowledge about your own tenant, rent, security deposit, who is tenant, how is the property maintained etcAlways sign rental agreement directly with your tenantDeal all financial transaction directly from tenant, don’t allow any intermediate to control your investment cash flow, have your own control on this for healthy financial returns,Hire a property management company,who doesn’t sub-lease your property?who doesn’t have recurring monthly service charge?Rental agreement executed directly between owner & tenantAll financial transaction (security deposit & monthly rent) done directly between owner and tenant.seamless communicationIf you looking, this model of operanda We PGN PROPERTY MANAGEMENT is a end to end property management company exclusively for property owner.We never ever sub-lease your property, your property will be rented directly between you and tenant. We just act as co-coordinator to rent your property here.Rental agreement will be executed in the name of you and your prospective tenant. we are a sole witness in the agreementAll the financial transaction (security deposit and monthly rent) are done between owner and tenant. we act as co-coordinator and no transaction will be routed through company (PGN PROPERTY MANAGEMENT)We don’t have recurring monthly service charge like most service provider. We just charge on task basis. Our prices are very affordable and competitive in market.We provide seamless communication and open information between tenant and owner.( we provide as much information about your tenant including contact details for free communication flow)We coordinate and report all your local needs pertaining to your property at very affordable cost.Please reach us [email protected] or call +91–9742479020 (Also available on whats app)Thank you for reading…

For following reason,Most property management company make service agreement with landlord, in that sub-leasing is part of agreement. This agreement lose the control of owning your own property in following ways,You will not be informed about, who is residing in your property, most property management company doesn’t disclose aboutTenant nameHow many members stay in propertyIf the property used for residential or commercial activityWhat is the tenant profession, origin, identity, contact etc..You would not be informed about financial returns from your property such asRent drawn from tenantSecurity deposit drawn from tenantMost property management company are profit motive, hence they don’t mind to use your property for high revenue model such paying guest accommodation and commercial activity despite being residential property. This might affect your emotional sentiment towards your property. Your sentiment towards your property is more than money for you. So protect it very consciously.Most of the property management who sub-let your property never give the returns as they promise or meet your expectation because,Hefty margin are observed by company and give the remaining thin margin to you. For them, they company wealth is more important that your property or your income.Apart from that they charge brokerage on every 11 months, recurring service charge on every month, renovation cost etc,,, You may pay all these charges and you take only left over.Solution:Never hand over your property to company, who sub-lease your property.Always sign rental agreement directly with your tenant, Keep your tenant details and contact for any kind of communicationDeal all financial transaction such rent, security deposit and repair expense directly with tenant. This will save lot of cost and will get deserved returns on your property.We offer property management service in Bangalore, Our core model of operandWe never ever sub-lease your propertyRental agreement done directly between landlord and tenant. we just sign as witness and fill the gap of your geographical constrain locally hereAll the financial transaction of rent and security deposit transferred directly from tenant to landlord. We don’t intervene on financial transaction unless required from your end. If tenant breaches to pay rentWe fill the gap of all your geographical constrains such as tenant finding + tenant verification + rental agreement + lawyer attestation + property inspection + agreement renewal + renovation work and any other coordination pertaining to your property.We don’t have registration cost, month recurring service charge and recurring brokerage. We just have one time charge of you need.Please reach us for more details, [email protected] or call + 91–9742479020 (Also available on whats pp)Thank you for reading…

Not many are reliable…Most property management service provider in Bangalore are not reliable, because most service provider sub-lease your property. Hence you lose control of owning your own property.Losing the control of your own property leads you to lack of information about your property details like, who is your tenant? is your property rented for residential or commercial? what is the rental drawn from your property? how well, is your property maintained in terms of cleanliness and structural change?You may lack all the above information through most service provider.I suggest you never ever hand over your property to service provider who sub-lease your property. if so, you will end up with deep disappointment. Disappointment may due to less rent drawn through service provider, because huge % cut, hefty security deposit hold by service provider.Solution:Please sign the rental agreement directly with your tenant and keep all the financial transaction directly between you and tenant instead through service provider. This will give you better income and satisfaction.I know, you might be having geographical constrain or busy at your office work, that deters you to manage your property and tenancy. Your geographical constrain may deter you to find suitable tenant, tenant verification, agreement execution, lawyer notary, rental termination process, property inspection, etc..Appoint a property management company, who support open rental agreement sign between owner and tenant. All the financial transactions are done between owner and tenant. Should not have recurring monthly charges or service charges to manage your property. Meant for only co-ordinate all your property needs or specific property needs to manage your property.Charges should be on specific need of your property management, This will avoid you to pay recurring charges.We at PGN Property management, provide property management service as below,Open rent agreement between owner & tenantAll the financial transaction is done directly between owner and tenant.We don't have monthly recurring charge or service charge. Our charges are only task basisWe are here to coordinate all your property needs or specific need to manage your propertyTo opt for our service, please whatsapp 9 7 4 2 4 7 9 0 2 0.PGN Property management, Bangalore.Thank you for reading…