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Property Management
Melville Legal Solutions is proud to announce our new Residential Property Management services, tailored specifically for small landlords. With a deep understanding of the unique challenges faced by landlords, we aim to provide comprehensive solutions to make property management seamless, compliant, and stress-free.
Our Offerings Tenant Management Screening and vetting potential tenants, including background and credit checks . Drafting and reviewing lease agreements. Addressing tenant inquiries, concerns, and requests in a timely manner. Managing terminations. Legal Compliance and Documentation Advising landlords on local housing regulations and compliance requirements. Preparing and serving necessary legal notices (e.g., N12, N4, etc.). Representing landlords in disputes or hearings, if required. Rent Collection and Financial Oversight Collecting and processing rent payments. Managing last month rent and key deposits (if applicable) and adhering to legal requirements. Providing detailed financial reporting and tax documentation. Property Maintenance Coordination Scheduling and supervising repairs, maintenance, and inspections. Establishing relationships with trusted contractors and service providers. Conducting regular property inspections to ensure upkeep and tenant satisfaction. Vacancy Management Marketing vacant units through listings and showings. Advising on market rental rates to maximize return on investment. Ensuring a smooth transition between tenants, including move-in and move-out inspections. Fee Structure
Full-Service Management: Starting at 8% of monthly rental income. For landlords opting for this service, all fees related to Landlord and Tenant Board matters (excluding filing fees, or disbursements/hard costs) will be waived. Hearing representation will be charged at a reduced flat fee per appearance per day.
Tenant Placement Services: Flat fee of $500 per tenant, including marketing, showings, and lease signing.
Credit and Background Checks: $35 per tenant.
Legal Notice Preparation: $150 per notice plus filing fee if full-service management is not chosen.
Vacancy Management Only: $250 per month during vacant periods.
Maintenance Coordination Only: 5% of total maintenance costs, with a minimum fee of $100 per service.
Customized Plans: Available upon request to suit individual needs and preferences.
Contact us today to learn more about how we can simplify your property management experience.