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Request Foms

Property Reserve Change



Frequently Asked Questions
 

What is the Property Reserve?

The Property Reserve is the money you choose to leave in our Trust Account to cover future expenses. It's your money.



Why is this important?

We cannot borrow money from another landlord to make repairs on your property so you need to lease some money in our trust account.



How much should I leave?

$500 is the default amount but we recommend a higher limit to reduce the amount of Maintenance Coordination work to call you for approval.



What happens if a repayment is expected to exceed the Property Reserve?

We can't dispatch or purchase material if the expense is expected to be greater than the total Maintenance Reserve for all the properties associated with your tax ID.



What is the cost coordinate?

Standard hourly rates apply.



Is the trust account interest-bearing?

No. It's a non-interest-bearing account.



Is there a limit to how much I can leave in the trust account?

The higher you go, the less times you'll get a call for approval.








REQUEST FORM

Property Reserve Change

GENERAL QUESTIONS

REQUEST FORM

SPECIFIC QUESTIONS

New Property Reserve

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ATTACHMENTS

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SIGN & ACCCEPT

This is a legally binding document. By clicking “Sign and Accept”, you agree that you have the authority to enter into the agreement and are creating your electronic signature and signing the document just as if you had used a pen to ink sign the document.

UPLOAD THIS REQUEST FORM

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