Rental Asset Management
Rental asset management is the perfect solution for individuals seeking a professional management service. Our rental asset management includes complete property facilities management which is ideal for peace of mind. We also offer outclass tenant screening service to find the perfect tenant as per client selection criteria. Services includes:
Monthly statements for your property,
Monthly statements are send to both tenant and owner.
We advertise and market each property through printed and electronic media. Properties are advertised on our own website as well as other prominent rental property web-portals, ensuring maximum exposure to potential tenants.
Owners only utilise this service to access our extensive database of suitable tenants for their vacant properties, they then perform their own rental collection and property management. Lofty Properties conducts the credit checks and reference checks including facilitation of the signing of a comprehensive lease agreement.
Tenant Deposit Trust
Trust accounts are opened in terms of section 32(1) of the Estate Agency Affairs Act, 112/1976 as the company is fully registered with the Estate Agency Affairs Board.
By Clients approval, Lofty properties makes payments to suppliers for utilities, water, electricity and levies, on behalf of the owner.
After following an inbound collections process, with a handover a legal collection process is initiated.
Each managed lease includes an inspection clause, upon occupation to determine any defects and on vacation, with additional interim inspections during the lease period. An appointment is made with the tenant to inspect the property. A thorough inspection report is completed and share with the owner.