Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
Property owners are not required to accept Section 8 tenants unless local laws mandate it. We recommend checking applicable regulations in your area. -
Are you licensed?
Yes, we are a licensed property management company, ensuring compliance with all relevant industry standards and regulations. -
Can I reach you after hours?
Yes, we provide an emergency contact for urgent issues. General inquiries will be handled during normal business hours. -
Can you put the money directly into my account?
Yes, we offer direct deposit for owner disbursements, ensuring a smooth and timely transfer of rental income. -
Do I get to see the lease or sign it?
Owners can review the lease agreement before it is signed. As the property manager, we handle the lease signing on your behalf unless otherwise specified. -
Do you sell real estate too?
Yes, Crofton Property Management also offers full-service real estate support. If you’re looking to buy or sell, we can help you navigate the process for maximum profit. -
How and when do I get my checks?
Owner disbursements are typically processed via direct deposit after rent is collected and any applicable expenses are accounted for. Payments follow a regular monthly schedule. -
How is rent collection handled?
We offer multiple rent payment options, including online payments through the tenant portal. Late payments are addressed promptly according to the lease terms. -
How long of a lease do you sign?
Most leases are one year in length, but we can tailor lease terms based on market trends and your preferences. -
How much security deposit do you charge the tenant?
Security deposits are based on local market standards and legal guidelines. The specific amount depends on the rental rate and applicant qualifications. -
How soon can you start managing my property?
We can begin management as soon as the service agreement is signed and the property is ready for tenants. -
What type of properties do you manage?
We manage a wide range of properties, including single family homes, condos, duplexes, townhouses. -
What type of reports do I get and how often?
You’ll receive detailed monthly financial statements covering income, expenses, and repairs. Year-end tax documents and annual summaries are also provided. -
Who holds the tenant security deposit?
Tenant security deposits are held in a dedicated trust account, in accordance with Florida law.
