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   JAMAR PROPERTY MANAGEMENT LLC

                Services

Our Day-to-Day Management and Rental Responsibilities

  1. Advertise the availability for rental of the property by newspaper, signs, and/or electronic means, as appropriate.  Rental rates are determined by market conditions and our best judgment.

  2. Sign, renew and/or cancel leases on forms provided by us, the terms and conditions of which are approved by you.

  3. Collect rents due. (We do not guarantee payment of rent by tenants.)

  4. Receive and accept security deposits.

  5. Terminate tenancies and sign and serve in your name such notices as are necessary.

  6. Make or cause to be made any necessary repairs and alterations to the property.  We will secure your approval on all items greater than $200, except monthly recurring charges and emergency charges.

  7. From the income of the property, disburse such sums as are necessary for payment of expenses designated by you.

 

Separation of Your Funds and Statements for You

We will deposit receipts collected for you in a general property management account which is separate from our other bank accounts.  Security deposits collected from tenants are deposited and retained in a special escrow account.

We will provide quarterly statements of receipts, expenses and charges and remit to you receipts less disbursements monthly for the property.