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The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
This is a list of major companies and organizations in Greater Cincinnati, through corporate or subsidiary headquarters or through significant operational and employment presence near Cincinnati, Ohio, USA. Altogether, six Fortune 500 companies and seven Fortune 1000 companies have headquarters in the Cincinnati area. [1]
The co-founders, John Kobs and Chris Erickson, launched Apartment List in September 2011 at TechCrunch Disrupt. [3] [4] They created the company after having negative experiences as both renters and landlords. [5] In November 2013, the company's first round of funding raised $23 million, with the lead investor being Matrix Partners. [6]
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Renting, also known as hiring [1] or letting, [2] is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. To maintain such an agreement, a rental agreement (or lease ) is signed to establish the roles and expectations of both the tenant and landlord .
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