Question

 What is a property management area?

Answer 7% of rental rate
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Top Q&A For: What is a property management area

Does anyone know of a good property management company in the Detroit Metro area?

If they asked you on the application, and you lied, then, yes, technically, that is a lease violation that gives the landlord the right to terminate the lease. But, you make a very good point - why... Read More »
http://wiki.answers.com/Q/Does_anyone_know_of_a_good_property_management_company_in_the...

What is the average fee that a condominium property management firm charges in the Chicago IL area?

You could calculate an average of these fees after compiling data from among a set of competitors that might not be willing to share these details with you. Here's why: each individual fee depends... Read More »
http://wiki.answers.com/Q/What_is_the_average_fee_that_a_condominium_property_managemen...

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 »
http://wiki.answers.com/Q/If_a_property_management_company_doesn%27t_have_a_renter_for_...

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 »
http://wiki.answers.com/Q/A_property_management_company_claims_to_be_in_contract_to_man...


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