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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.
In 2022, a tenant at a Greystar property in Charlotte, North Carolina filed a lawsuit against the company, alleging that Greystar failed to perform necessary building maintenance. [37] In October 2022, Greystar was a co-defendant in a lawsuit filed against the property management software company RealPage. The suit alleged that RealPage ...
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Typical duties expected of a property manager include finding/evicting, dealing with tenants, and coordinating with the owner's wishes. In addition, such arrangements may require the property manager to collect rents and pay necessary expenses and taxes, making periodic reports to the owner, or the owner may delegate specific tasks and deal with others directly.
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Many owners hire a property management company to take care of all the details of renting their property out to a tenant. This usually includes advertising the property and showing it to prospective tenants, negotiating and preparing the written leases or license agreements, [ 4 ] [ 5 ] and then, once rented, collecting rent from the tenant and ...
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A Miami Herald investigation into the boat crash that killed a 17-year-old Lourdes student reveals a deeply flawed probe as FWC investigators and prosecutors built a case against George Pino.
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