Common use of Full Management Service Clause in Contracts

Full Management Service. We offer a widespread marketing strategy and our services include a thorough checking of prospective tenants, all legal and general administration. Our service includes: Free consultation and assessment of market rental values Marketing your property Accompanying prospective Tenant/s on viewings and matching suitable Tenant/s Rigorous Tenant/s referencing and credit checks (where necessary additional security would be requested by means of a Guarantor) Undertaking all administration and preparation of the Tenancy Agreement (it is agreed that the Agent may sign the Agreement on behalf of the Landlord) Preparing a detailed Inventory and Schedule of Condition report prior to and after a tenancy Collection of Deposit monies which we will retain in a client account and will be held until the end of the tenancy A property inspection every 3 months and written report sent for your review Rent and Legal insurance guaranteed through HCC – in the event a Tenant/s defaults on the rent HCC will pay the rent to us, in arrears, until the tenancy terminates or when the Tenant/s is evicted (all Landlord legal costs for eviction will be covered by HCC) Day to day management of property issues – arranging for a maintenance contractor to attend the property and make any necessary repairs deemed necessary once your approval is gained Rent collection each month and issuing a statement of account, less our agreed fees and expenses, into your nominated bank/building society account Finding replacement Tenant/s at the end of Tenancies Rent reviews The Landlord confirms that he/she is the sole or joint owner of the property. You must ensure that the premises are appropriate to let and all appliances conform to the following safety regulations. All appliances, boilers and electrical goods should be in full working order, should have been recently serviced, checked for safety and have clear instructions for use. You will need to provide us with the necessary safety certificates for our file. □ The Furniture & Furnishings Regulations 1993 □ Gas Safety (Installation & Use) Regulations 1998 □ Electrical (Safety) Regulations (Law April 2021) Payments relating to council tax will be the responsibility of the Tenant/s in the property, however, if the property remains vacant it will be the Landlords responsibility to meet the necessary payments. We will hold any Deposit in a stakeholder capacity against any damages and reimbursements. A holding fee is generally taken from a Tenant/s applying to rent a property. The purpose of this fee is to verify the Tenant/s serious intent to proceed and to protect the Agent against any administrative expenses that may be incurred should the Tenant/s decide to withdraw the application. The holding fee does not protect the Landlord against loss of rent due to the Tenant/s deciding to withdraw, and is deductible from their first months rent Upon signing the Tenancy Agreement the Agent will take a holding Deposit equivalent to 5 weeks’ rent from the Tenant/s in addition to any rents due. The purpose of the Deposit is to protect the Landlord against loss of rent or damage to the property or its fixtures and fittings during the tenancy itself. The Deposit is held by the Agent and is kept in a separate deposit account. It will be refunded back the Tenant/s (less any charges due) at the end of the tenancy.

Full Management Service. We offer The Standard Management Service includes the preparation of a widespread letting agreement in the Agent's standard form and provision of a copy of this agreement to a designated advisor or building society. Should the Landlord or his advisors or mortgagees require amendment of the contract or require the Agent to enter further work or correspondence, a further fee for this work may be requested. It is agreed that the Agent may sign the tenancy agreement(s) on behalf of the Landlord if necessary. The cost of any legal arrangements will be borne by the Tenant unless an agreement is otherwise made. The full management fee is taken as a percentage of the gross rents due for the period of the tenancy and an administration fee will normally be levied at the outset for taking references and arranging the tenancy. Although the aim is to take every care in managing the Property, ▇▇▇▇▇▇ ▇▇▇▇▇ Lettings cannot accept responsibility for non-payment of rent or other default by Tenants, including damage to property, or any associated legal costs incurred because of such problems. Additional services may be required by the Landlord to suit their requirements. This may incur additional charges over and above the standard scale of fees and these would be. agreed in advance. This service includes the following: - • Advertising and marketing strategy the Property. • Arranging and our services include a thorough checking of conducting viewings • Interviewing prospective tenantsTenants and taking up references with credit reference agency which includes bank verification reference, all legal income and general administrationemployer reference and previous Landlord reference if applicable. Our service includes: Free consultation and assessment of market rental values Marketing your property Accompanying • Undertaking The Right to Rent Checks with prospective Tenant/s on viewings and matching suitable Tenant/s Rigorous Tenant/s referencing and credit checks (where tenants • Where necessary additional security would be requested by means of a Guarantor) Undertaking all administration guarantor. In the case of a company, a full bank reference would be taken if required. • Execution of ARLA Propertymark approved Tenancy Agreement. Many agreements will be based on the Assured Shorthold Tenancy. • Liaising with a Landlord’s Mortgage Company where necessary about references and preparation Tenancy Agreement. Landlords must obtain permission from their Mortgage Company for the proposed letting. • Registering of the security deposit under the Tenancy Agreement (it is agreed that the Agent may sign the Agreement on behalf of the Landlord) Preparing a detailed Inventory and Schedule of Condition report prior to and after a tenancy Collection of Deposit monies which we will retain in a client account and will be held Scheme until the end of the tenancy A property inspection every 3 months when the Property and written report sent contents have been checked for your review Rent unfair wear and Legal insurance guaranteed through HCC – in tear. • Arranging with service companies (principally electricity, gas and water) for meter readings and advising them of the event transfer of service contracts to the Tenant at the beginning of each tenancy. • Preparing a Tenant/s defaults on photographic inventory and schedule of condition prior to tenancy commencement • Collecting the rent HCC will pay and paying over to the rent to us, in arrears, until Landlord monthly (normally sent within 7 days of collection) less any fees or expenses due or incurred for the tenancy terminates or when the Tenant/s is evicted (all Landlord legal costs for eviction period. Payments will be covered made to the Landlord, by HCC) Day to day agreement, and detailed rent statements supplied. • Regular inspections of the Property every 4 - 9 months. Responsibility for and management of vacant property issues – is not normally included and will only be carried out by special arrangement. • Co-ordination of repair or maintenance including arranging for a maintenance contractor tradesmen to attend the property Property and make any necessary repairs deemed necessary once your approval is gained Rent collection each month obtaining estimates where necessary, supervising works and issuing a statement of account, less our settling accounts from rents received within pre-arranged limits agreed fees and expenses, into your nominated bank/building society account Finding replacement Tenant/s at the end of Tenancies Rent reviews The Landlord confirms that he/she is the sole or joint owner of the property. You must ensure that the premises are appropriate to let and all appliances conform to the following safety regulations. All appliances, boilers and electrical goods should be in full working order, should have been recently serviced, checked for safety and have clear instructions for use. You will need to provide us with the necessary safety certificates for our fileLandlord. □ The Furniture & Furnishings Regulations 1993 □ Gas Safety (Installation & Use) Regulations 1998 □ Electrical (Safety) Regulations (Law April 2021) Payments relating to council tax will be the responsibility of the Tenant/s in the property, however, if the property remains vacant it will be the Landlords responsibility to meet the necessary payments. We will hold any Deposit in • Carrying out a stakeholder capacity against any damages full inspection and reimbursements. A holding fee is generally taken from a Tenant/s applying to rent a property. The purpose of this fee is to verify the Tenant/s serious intent to proceed and to protect the Agent against any administrative expenses that may be incurred should the Tenant/s decide to withdraw the application. The holding fee does not protect the Landlord against loss of rent due to the Tenant/s deciding to withdraw, and is deductible from their first months rent Upon signing the Tenancy Agreement the Agent will take a holding Deposit equivalent to 5 weeks’ rent from the Tenant/s in addition to any rents due. The purpose of the Deposit is to protect the Landlord against loss of rent or damage to the property or its fixtures and fittings during the tenancy itself. The Deposit is held by the Agent and is kept in a separate deposit account. It will be refunded back the Tenant/s (less any charges due) inventory check at the end of the tenancytenancy and dealing with matters relating to unfair wear and tear before releasing the Tenant’s deposit.

Full Management Service. We offer a widespread comprehensive management service aimed at landlords who prefer not to have the Inconvenience of dealing with day to day issues. This service is strongly recommended for landlords who are too busy to deal with the day to day management, clients who are new to lettings or overseas landlords. The standard fee for the management is taken as a percentage of the gross rents due for the period of the tenancy and a set-up fee will be levied at the outset for taking references and arranging the tenancy. • Advising as to the likely rental income. • Arranging an Energy Performance Certificate (where required* at an additional cost) • Advertising and generally marketing strategy and our services include a thorough checking of the property. • Conducting viewings with prospective tenants. • Applying for appropriate references including credit search, all legal employer’s reference and general administration. Our service includes: Free consultation and assessment of market rental values Marketing your property Accompanying prospective Tenant/s on viewings and matching suitable Tenant/s Rigorous Tenant/s referencing and credit checks previous landlord (where necessary additional security would be requested by means of a Guarantor) Undertaking all administration and preparation applicable). • Negotiate the terms of the Tenancy Agreement (it tenancy between landlord and tenant, ensuring an appropriate tenancy agreement is agreed that the Agent may sign the Agreement prepared and signed by or on behalf of the Landlord) Preparing a detailed Inventory landlord and Schedule tenant. • Prepare an inventory and schedule of Condition report conditions prior to and after the commencement of the tenancy* at additional cost • Conduct a tenancy Collection of Deposit monies which we will retain check in service with the tenants on move in (where required) • Taking a client account and will deposit from the tenant to be held by the Deposit Protection Service until the end of the tenancy A when the property and contents will be checked for unfair wear and tear. • Collect the monthly instalments of rent and forward net rents to landlord’s bank accounts or forward a cheque less any fees or expenses due or incurred for the period. • Prepare and submit monthly statements • Chasing late or non-payments of rent • Arranging with service companies (principally electricity gas & water) for meter readings and advising them of the transfer of service contracts to the tenant at the beginning of each tenancy. • Arrange for a gas safety certificate to be carried out annually during the tenancy in line with the Gas Safety (installation and use) Regulations 1994 (as amended) • Arrange for a valid EICR Electrical Certificate to be carried out, annually or at the beginning of each tenancy [subject to agreement]. • Carry out a routine inspection every 3 months and written report sent for your review Rent and Legal insurance guaranteed through HCC – of the property at 3-6 monthly intervals (provided no serious defect or issue requiring our inspection has not been reported to us in the event meantime) and provide a Tenant/s defaults on report to the rent HCC will pay the rent to us, in arrears, until the tenancy terminates landlord detailing our findings and any recommendations. • Co-ordination of repair or when the Tenant/s is evicted (all Landlord legal costs for eviction will be covered by HCC) Day to day management of property issues – maintenance including arranging for a maintenance contractor tradesmen to attend the property and make any obtaining estimates where necessary, supervising works and settling accounts from rents received. • Renewing the Agreement where necessary repairs deemed necessary once your approval is gained Rent collection each month and issuing a statement of account, less our agreed fees and expenses, into your nominated bank/building society account Finding replacement Tenant/s at the end of Tenancies Rent reviews The Landlord confirms that he/she is the sole or joint owner of the property. You must ensure that the premises are appropriate to let and all appliances conform to the following safety regulations. All appliances, boilers and electrical goods should be in full working order, should have been recently serviced, checked for safety and have clear instructions for use. You will need to provide us with the necessary safety certificates for our file. □ The Furniture & Furnishings Regulations 1993 □ Gas Safety (Installation & Use) Regulations 1998 □ Electrical (Safety) Regulations (Law April 2021) Payments relating to council tax will be the responsibility of the Tenant/s in the property, however, if the property remains vacant it will be the Landlords responsibility to meet the necessary payments. We will hold any Deposit in a stakeholder capacity against any damages and reimbursements. A holding fee is generally taken from a Tenant/s applying to rent a property. The purpose of this fee is to verify the Tenant/s serious intent to proceed and to protect the Agent against any administrative expenses that may be incurred should the Tenant/s decide to withdraw the application. The holding fee does not protect the Landlord against loss of rent due to the Tenant/s deciding to withdraw, and is deductible from their first months rent Upon signing the Tenancy Agreement the Agent will take a holding Deposit equivalent to 5 weeks’ rent from the Tenant/s in addition to any rents due. The purpose of the Deposit is to protect the Landlord against loss of rent or damage to the property or its fixtures and fittings during the tenancy itself. The Deposit is held by the Agent and is kept in a separate deposit account. It will be refunded back the Tenant/s (less any charges due) at the end of the tenancyterm. • Making payments on behalf of the Landlord from rents received for costs in managing the property. • Carrying out a full property inspection and inventory check at the end of the tenancy and dealing with matters relating to unfair wear and tear before arranging for the release of the tenant's deposit.