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Office Hours
Monday - Friday
9am - 4pm

 
ONLINE DOCUMENTS

 

Locally Owned & Operated By:

April & Kevin Cope



P.O. Box 775
Seneca, SC 29679

864-903-1144
Fax: 866-230-4085

Kevin Cope
Broker In Charge


Owner's Services
Policies, Procedures & Information

 
Advertising
 
Check Disbursement
 
Maintenance & Repairs
 
Monthly Financial Statements
 
Liability & Rental Insurance
 
Rates & Fees
 
Rent Collection
 
Residential Management Agreement
 
Tenant Screening
 
Advertising
The owner is responsible for direct advertising costs incurred to rent his or her rental property. In many cases it is not necessary to advertise the property beyond yard signs and our website. In most cases we utilize FREE popular websites that generate responses.
 
Check Disbursement

In most cases owner's checks are mailed out on the 10th of each month and direct deposit is scheduled on that day. Bank processing times vary therefore funds will show up a few days later. We do our best to see that you have recieved your funds by the 15th of the month.

Tenants have until the 5th to pay their rent and many wait until that day to pay. We allow 5 additional days for checks to clear the bank before processing owners' checks.

 
Maintenance & Repairs Calls
Each and every Residential Management Agreement will specify how maintenance and repairs are to be handled. Unless otherwise stated in the Residential Management Agreement, our standard policy is to handle any maintenance or repair costing less than $500. The owner will be consulted if the repair is expected to cost more. In all cases the owner will be notified of the issue. Monies for the repair will be taken out of the rent payment unless other arrangement are made with the owner.
 
Monthly Financial Statements
Each month we wil send a detailed monthly financial statement as well as any invoices for repairs or maintenance.
 
Liability & Rental Insurance
Our policy is to require that each owner maintain at least $500,000 of liability insurance for their protection against liability claims. In addition, it is the owner's responsibility to maintain current rental/fire insurance on their property. This is NOT the responsibility of Cope Property Management.
 
Rates & Fees

Our standard rate is 10% of the monthly rental rate. If extra services are requested this rate may higher, but will not exceed 15%. Late fees imposed on tenants are not passed on to the owner.

 
Rent Collection
Rent is due on the 1st of each month unless otherwise stated in the lease. Tenants have until the 5th before late fees apply. Although eviction proceedings can legally begin after the 5th day, it is our policy to give the tenant until the 10th to deliver the rent before we proceed with eviction proceedings.

Residential Management Agreement
In all cases a Residential Management Agreement will be required to employ Cope Property Management services.
 
Tenant Screening

Each prospective tenant will be required to fill out a rental application and submit a $15 application fee to cover the cost of a credit check. References will be called to verify their information. We also required income verification. We do our best to fill your vacancy promptly, and with good tenants.

We CANNOT discriminate based on race, color, national origin, religion, sex, familial status or handicap as stated in the Fair Housing Law.

 

 

 

 
Kevin & April Cope are licensed real estate agents in SC.
Copyright Cope Property Management 2009. All rights reserved.