tENANT MANAGEMENT

o  A Welcoming Home will collect rents on behalf of the Owner, and make monthly dispersal's of the income (minus annual management fee and any incurred expenses due by Owner) to the Owner after 5 days of receipt by tenant.

o  A Welcoming Home will send invoices and rental income payments monthly, in a timely manner. Please note that we expect payment in full on any invoices sent within 15 days of the emailed or mailed notice.

o  Administrative Fee: For any services performed beyond the scope of day-to-day tenant

management activities, we will assess a $25 fee. If reasonable, we may choose to waive

this fee.

o  Eviction Services: For properties under active management, if eviction services are

necessary, we will assess a $300 fee for any filing fee and court appearances made on

behalf of the Owner.

o  Late Fee: Any invoice which is not paid within 15 days of emailed or mailed notification

will be assessed $25 or 10% of the total, whichever is greater.

o  Listing agent will be required to conduct an inspection of the property to determine if

property is in compliance prior to listing. (See Management Requirements)

o  Obtain Insurance policy information from owner

o  Obtain HOA covenant rules and regulations

o  If necessary, HOA approval of rental property

It is the Owner’s responsibility to make sure Property Tax payments, HOA fees/dues and Insurance policies are up-to-date. If for any reason, A Welcoming Home is called upon to assist in paying these items, the bills must be sent to us, and we will charge an administrative fee. Additionally, we will require a Letter of Authorization on file to act on your behalf as Property Manager. Please note that we also consider items such as setting up termite bonds, external pest control and setting up non-tenant utility service as an additional service to Leaseing/Management agreement and could assess a fee.