Test your Property Management knowledge by taking our 2 minute Quiz.
1. What is the maximum security deposit a landlord can charge for an unfurnished house? A. First, last, and a security deposit B. No more than three times the monthly rent C. A maximum of two times the monthly rent D. All of the above are options the landlord has
2. A landlord can charge a security deposit for a pet that is used for disability purposes? True or False
3. How long do you have to return a tenant's security deposit? A. 21 calendar days B. 30 calendar days C. 45 calendar days D. 60 calendar days
4. A landlord/owner is authorized to enter a property for any reason as long as proper notice is given. True or False
5. A landlord accepting partial rent after filing an Unlawful Detainer action must start the eviction process over. True or False
6. An event that can stop the course of an eviction is: A. A bankruptcy B. Paying past due rent and fees C. A and B D. None of the above
7. The first step in a legal eviction is: A. Issuing a 3 day notice to pay or quit B. Changing the locks to the property C. Filing an Unlawful Detainer D. Calling the tenant
8. When screening a tenant, you may discriminate for the reasons A. Citizenship B. Prospective Tenant with guide dog C. Water bed D. None of the above
9. Landlords may charge a non-refundable cleaning fee. True or False
10. At the end of a lease term the contract becomes A. Null and Void B. Active until a new lease is signed C. A periodic tenancy D. None of the above
There are many variables to Property Management that include proper collection and holding of tenant's funds, screening applicants, advertising language, lease negotiation, maintenance issues, and move out documentation all of which have comprehensive laws and nuances to how they must be handled. If you would like more information about how Hallmark Property Management can make a difference for you, please call us today!
Hallmark Property Management, Inc. offers complete Property Management service in Huntington Beach, Huntington Harbour, Sunset Beach, Fountain Valley, Costa Mesa, Garden Grove, Stanton, Irvine, Santa Ana, Tustin, Orange, Anaheim, Newport Beach, Corona Del Mar, Laguna Beach, Lake Forest, Mission Viejo, Huntington Harbor, Aliso Viejo, Anaheim Hills, Cerritos, Coto De Caza, Fullerton, La Habra, Los Alamitos, Naples, Placentia, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Dana Point, Foothill Ranch and other Orange County cities as well as portions of Los Angeles County.
Hallmark Property Management, Inc. • 16601 Gothard Street, Suite G • Huntington Beach, CA 92647 Office: 714 841-4500 • Fax: 714 841-5850 • Email: info@HallmarkPmi.com Serving Orange County and parts of Los Angeles County, California.