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Property Management company can only 5 days hold a rent check.

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10y ago

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Can a property management company hold on to a domain name of an HOA?

Your answer depends on who owns the domain name. If the association paid for the name and is registered as the name owner, the management company has no right to keep it out of use by the association. If, however, the name was paid for by the management company and it is listed as the name's owner, the association may need to negotiate for the transfer of the name into the association's ownership. It should be valueless to the management company once the association has discontinued this relationship. Association counsel may become involved in this issue, should the management company attempt to hold the domain name hostage or offer it only ransom.


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Yes, residential property management typically requires a license, which varies by state or country. Many jurisdictions mandate that property managers hold a real estate license or a specific property management license to operate legally. This ensures that they are knowledgeable about landlord-tenant laws, fair housing regulations, and other relevant legal requirements. It's essential for property managers to check local regulations to ensure compliance.


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 to your property management company, certified, return receipt requested, and demand that your reserve funds be paid within that period. If you do not receive the funds, you can take your contract, termination papers and copy of your certified letter to an attorney and involve professional assistance in collecting your monies.


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In a joint-stock company, the money and property are owned collectively by its shareholders, who hold shares representing their ownership stake. Each shareholder's ownership is proportional to the number of shares they possess, giving them rights to dividends and a say in company decisions. The company itself is a separate legal entity, meaning it can own property and enter contracts independently of its shareholders.


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Knowledge management tools are used in companies to improve knowledge throughout the company, this makes the company more efficient in its business processes. It is used to share what knowledge the current employees hold and can build on that knowledge and share it with other employees.


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Understanding the distinction between facilities management and property management is essential for efficient operations. While both play critical roles in maintaining buildings, they serve different purposes. Here's how they differ: 1. Focus of Responsibilities Facilities management handles the day-to-day operations and functionality of a building, including services like maintenance, cleaning, HVAC, and security. Property management deals more with leasing, tenant relations, rent collection, and legal compliance. 2. Scope of Work Facilities management ensures everything inside the building works efficiently. Property management oversees the business aspects related to ownership and tenancy. 3. Service Orientation Building facilities management is service-oriented, focusing on the comfort and productivity of occupants. Property management is more tenant and revenue-focused. 4. End Users Facilities managers serve the employees or users within the building. Property managers serve landlords and tenants. At KAS Technical, we offer expert building facilities management solutions in Dubai to ensure every component of your property functions seamlessly, enhancing both performance and satisfaction.


What are your rights if the repo company would not return your phone call so you couldn't claim your personal property before the auction?

Blaster, they are required by law to HOLD your personal property for at least 30 days, 60 days in some states. State laws vary so check your state codes to be sure on the time limit. Usually, if you dont pick it up, you can find it a GOODWILL. Reposession of the the property you had a loan on is between you and the loan company. Reposession companies only have the right to store the repo'd property until you and the loan company have settled. Reposession companies DO NOT have the right to enter, take or damage the repo'd property and your personal property. If you have sufficient evidence that the Reposession company has done anything to both properties, you need to see a lawyer.