Name a function of property management in the earliest days of the profession?

Answer Probably swabbing toilets, changing bed sheets, registering guests and taking payment for services at a roadside inn during the earliest days of civilization.

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If a property management company doesn't have a renter for a property who is responsible for the mortgage payment The property management company or the landlord?

That is correct. The landlord is responsible for the mortgage payment as the investment property is ultimately his (name on the deed). And I also agree with the advice given below. A competent and ... Read More »

A property management company claims to be in contract to manage our HOA with our developer who says we have NOT formed an HOA yet and the property management wants homeowners to pay working capital?

Read your governing documents to determine the phase that your HOA is in, in the development process. Your governing documents -- typically a Public Offering Statement (POS) -- may specify that at... Read More »

How long can a property management company hold the owner's reserve funds once the property management agreement has been terminated?

This time period may or may not have been defined in your contract. Call other property managers in the same industry in your locale, and ask the question about the time period.Then, send a letter ... Read More »

Can a property management office evict you after 5 days after the 5th of the month here in Las Vegas and can they also charge you all those late fees?

Get a copy of your lease and check what it says about late payments. Most do charge late fees and if you are late a number of times, they evict you. If the fees are beyond that, check the Landlord ... Read More »