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What are your requirements from lessees?

The following are our standard requirements for long-term tenants: 1 month advance rent 2 months’ rent equivalent as security deposit The rest of the remaining months to be covered by Post-Dated Checks (PDC’s) Copies of at least 2 government-issued IDs

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In the post-dated checks from tenants, who will be the payee?

It will be our company, PPE Inc. There are recurring bills and expenses that are charged to the owner’s account, and part of our services is getting these bills paid. It is from the rental payments that we take the

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How do you handle the remittance of the rental proceeds?

posted by: Joanne Almaden in General

Our monthly accounting period follows the calendar months. We furnish the owner with a summary Statement of Accounts for his property/ies every month, on the 20th day of the succeeding month. That means for example, the transactions for your property

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How do you handle the security deposits from tenants?

Unlike the usual practice in traditional and plain leasing services from other brokers and agents, we keep the security deposit from our tenants in a trust account we maintain. We don’t hand it over to the property owner. Our purpose

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How do you handle the signing of lease contracts?

In our property management contract, the owner gives our company the authority to execute lease contracts with tenants, in his behalf. So, it will be the authorized officer of PPE Inc. who will sign the lease contracts with tenants. After

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Can I see your example/draft property management contract?

posted by: Joanne Almaden in General

Yes, of course. You can find the contents of our Property Management Contract on the following page: http://ppe.ph/pm-contract-contents  

Can I list my property with other brokers at the same time?

posted by: Joanne Almaden in General

When we accept a property into our management, we actively put a lot of effort into it starting from dressing it up and preparing it for marketing, up to the actual marketing itself and screening inquiries for qualified tenants. Our

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Why do you require a copy of the Title or Deed of Sale?

posted by: Joanne Almaden in General

For security verification purposes, we require a copy of the Certificate of Title, or the Deed of Sale, or at least the Contract-to-Sell. Without at least one of these documents, there’s no practical way for us to be sure that

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What are your requirements from owners?

posted by: Joanne Almaden in General

We require the following documents from the owner: Copy of the Title Copy of the Deed Restrictions Copy of the Deed of Sale (if the Title is not yet available), or Copy of the Contract to Sell (if the Title

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What is the procedure or process for signing up?

posted by: Joanne Almaden in General

Ready to get started? Click the link below for the full details of our signup process: http://ppe.ph/pm-signup-process But in a nutshell, it’s basically just the following three steps: Meeting and viewing of your unit Contract signing and settlement of the

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