In this video, Jason Huval and Mike Oellrich review the Residential Leasing and Property Management Agreement (TXR2201) used by property management companies in #Austin and across the State of Texas.
Learn more about each section of the agreement and how it applies to you as rental property owners signing up with a Residential Property Management Company.
#AustinPropertyManagement #PropertyManagers #Texas
0:00 Intro
0:47 Duration of Agreement
1:44 Fees Upon Termination
3:30 Authority of Broker
3:36 Maintenance Fees
5:17 Inability to Contact the Owner
6:01 Reserves Held by PM
7:13 Insurance
8:32 Broker's Fees
10:22 Selling Your Property
12:35 Early Termination
14:56 Expense Reimbursement
15:19 Funds Received Post Termination
16:12 Coop with Other Brokers
16:36 Evictions
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Learn more about Stone Oak at https://www.stoneoakmgmt.com/.
We are Stone Oak Property Management, a residential property management company located in Austin, Texas. We serve property owners and real estate investors by providing an exceptional living experience for the residents who live in our properties. We provide fivestar rental property management & portfolio growth.
As always, reach out to us for any of your real estate investing needs. We are happy to help anyone with free advice and love making new friends. Email us at [email protected] or DM us on any social platform below.
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