Getting Started with our Property Management

Or, if you Currently Have a Property Manager that needs to be terminated:

1. Check your current property management contract to see what type of notice is required. It is typical that you will be required to give a minimum of a 30 days written notice. If possible, call the manager to see if they will accept a shorter notice. Many will, especially if they know that you are unhappy. If you do not have a written contract, assume 30 days is required.
   
   
2. Compose a brief letter, such as with the following example:
   As of _____________ (date), your services at ______________ (property address), will no longer be required. A representative of EverStar Realty will be in touch with you prior to the termination date to pick up keys and any pertinent files. Please send remaining funds in my account directly to me including tenant security deposits.
   
   
3. Please send a copy of said letter to EverStar Realty.
   
   
4. EverStar will then compose/distribute a letter notifying your current tenants as to the change in management and introducing EverStar Realty and our policies and procedures.

Along with a signed copy of our management agreement and funds to open a trust account, please provide EverStar with the following items (if applicable) in order to enjoy a smooth transition:

• Copies of all recent bills, including mortgage, property tax, insurance and utilities
• Name and phone number of Home Owner’s Association and copy of CC&Rs, if applicable.
• Current Rent roll, including:Copies of keys
• Name, address and phone number of tenant
• Copies of rental agreements with all addendum & move-in paperwork
• Amount of security deposit, date and amount of last rent raise, balances owed and last rent payment along with a signed copy of our management agreement and funds to open a trust account, provide EverStar with the following items (if applicable) in order to enjoy a smooth transition
• Information regarding any pending 3-day notices and/or evictions
• Insurance Certificate naming EverStar as additional insured.
• If management commences with new purchase:Funds to open a trust account in the amount of $________
• Name and number of broker and escrow officer
• Copy of closing statement

We will then begin sending you your monthly report and owner distribution at the end of each month & you will be able to enjoy your investment free from the day-to-day responsibilities!