Month: August 2017

Security Deposits: 11 Step Checklist for Accepting Security Deposits During a New Acquisition or Property Transfer

Belaire Property Management, Business Operations, Business Planning, Property Management

How Should You Handle a Security Deposit Upon the Transfer of a New Property or Property Manager? You have negotiated a hard bargain on your newest rental property purchase. There have been days and nights of endless due diligence, crunching the numbers, working with contractors to estimate repairs, pouring over lead and inspection reports and you finally have a signed P&S and a closing date. But wait! In your due diligence you have uncovered that the Seller is currently holding […]

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Security Deposits: 13 Step Checklist for Returning the Security Deposit

Belaire Property Management, Business Operations, Business Planning, Property Management, Security Deposits

How Should You Return the Security Deposit at the End of the Tenancy? You have had a resident follow the proper protocol you outlined in your written lease agreement to give you proper Notice To Quit. Things are ending amiably with a great resident, probably buying a new house for their family, but regardless, they are moving out of your rental and you currently hold a Security Deposit. What do you do now? Below we have outlined the steps you […]

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