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Services
Royal Property Management Ltd. can provide you with professional
management service, overseeing the entire rental process of your
investment properties.
Full Service Asset Management
Package
As your property manager,
we will provide a complete range of services. Our full service
package includes, but is not limited to the following:
 | Advise owner of the rental market conditions |
| Establish property rental value |
| Advertise and show the property |
| Tenant
selections including reference and credit reports |
| Completion of a residential tenancy agreements |
| Collection of security deposit and first month rent |
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Collection of monthly rents
and pay expenses as required |
| Completion of a detailed property inspection report |
| Provide a detailed monthly income report |
| Provide a yearly cash flow statement |
| Arrange for repairs and inspections as required |
| Preparation and attendance at Arbitration Hearings on
behalf of the owner |
Administration
| Collect / receive all rents / deposits in trust. |
| Deal with tenant on behalf of owner on all matters
related to the property. |
| Carry out all necessary banking activities. |
| Provide owner with monthly financial statements of
property. |
| Inspect property once each year and more often if
vacant. |
| Represent interests of owner at rent review boards,
small claims court. |
| Maintain full records of transitions related to the
property. |
| Ensure all expense are paid on behalf of owner. |
| Attend annual General Meetings of condominium
corporation where applicable. |
Lease Management
| Prepare / place adds for leasing of property
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| Receive leasing inquiry calls 7 days a week, 24 hours
a day |
| Arrange for showing and show property to prospective
tenants |
| Ensure completion of rental application form for each
interested person |
| obtain rental application deposit from prospect
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| Perform credit bureau and employment (past/present)
check of prospect |
| Prepare lease, arrange for signing, and renegotiate
at renewal time |
| Inspect property at time of leasing |
| Collect rent |
Maintenance
| Arrange for all necessary repairs to the property
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| Recommend appropriate maintenance as a result of
inspections |
| Provide 24 hour emergency maintenance calling service |
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Our 3
main parts to the Service Asset Management Package are;
| Administration. |
| Lease management. |
| Maintenance. |
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