Q: What are your monthly fees?

A: The Monthly Management Fee is Twelve (12%) percent of the monthly rental rate of the current lease. Rents which are over $2000.00 per month will be 10%, and rents over $3000.00 per month will be 8%.

Q: What is the fee for finding a tenant?

A: The Procurement Fee for renting the Property is equal to one full month’s rent.

Q: Are there renewal fees?

A: If Resident renews or extends his/her lease, Owner will pay Agent a Renewal Fee equal to one half of a full month’s rent at the renewal rate for a period of not less than 1 year renewal. Fee will be prorated accordingly to length of renewal. If a resident signs a lease for longer than twelve months, Owner agrees to pay Agent one half of a full month’s rent in the 13th month.

Q: Do you guarantee the residents that you place in my rental home?

A: YES, we provide our property management customers with the following guarantee: Should any tenants that we place into your rental home move out and break their lease (for any reason) during the first 6 months of their lease, we will waive our normal leasing fee and re-rent your home to new tenants FOR FREE! (advertising and MLS co-broke cost excluded) Should any tenants that we place into your rental home move out and break their lease after the first 6 months of their lease, we will reduce and pro-rate our normal leasing fee to you. At DOR Property Management, you will never pay two full leasing fees in the same 12 month period! Note: Television advertising costs are the expense of the property owner.

Q: How are rental collections handled?

A: Our collections policies are as follows:

* All rents are due on the 1st of each month and late on the 5th of each month.

* All residents who have not paid by the 6th of each month receive our first notice, a friendly reminder, placing them on notice. We also attempt to reach them by phone.

* Any remaining residents who have not remitted their rents by the 11th (or 12th, if the 6th is on a weekend) will be served by our private process servers with the legal prerequisite paperwork to file an eviction against them, should they fail to remit the rents due.

All of our fees and a copy of our agreement can be found on our website at www.dorhomes.com under the property management section. Or if you do not have web access I can fax you a copy of our owners agreement which may answer any questions you may have.


Georgia Owner Agreement

South Carolina Owner Agreement