apmi leasing and property management agreement 11.10

8/14/2019 APMI Leasing and Property Management Agreement 11.10

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We are large enough to be reliable, small enough to be

responsive.

Dear Investor,

Arizona Property Management and Investments is a full service Real Estate

Company specializing in acquisition, leasing, management and sale of

residential investment properties valley wide.

In todays ever changing real estate market, you need a team on your side

that is knowledgeable, professional and responsive. All of our Realtors and

staff go through several interviews, background screening and vigorous

training to ensure they can keep up with our savvy investors expectations.

Our leasing and property management services have been streamlined to

ensure accuracy, quality control and accountability. To professionally

manage any type of real estate we use state of the art property

management software for our marketing, accounting, maintenance and

landlords / tenants solutions.

We understand there are many property management companies out there

and we appreciate you also considering us. We believe our services are

superior and our fees are very competitive. Please take your time to

review our proposal and let us know if you have any questions. Otherwise;please follow the instructions on page two to employ us as your statuary

agent in Arizona.

Mrs. Rhonda Urtuzuastegui is our Designated Broker and a renowned

authority in property management arena in Arizona. She is a good source to

go to if you have any complicated leasing and property management

questions. She is mass medias #1 go to source in Arizona. She can be

reached at 888-777-6664 ext 109 Monday through Saturday from 9:00 a.m.

to 5:00 p.m. or at [email protected].

Shortly, one of our leasing and property manager experts in your area will

contact you to provide you with more information on your property and

discuss your all your options.

We constantly monitor our progress through an Independent Customer

Satisfaction Survey. Your opinion is very important to us. Please let us know

how to improve our services.1 Of 26

5723 W Glendale Avenue Glendale, AZ 85301888.777.6664 Office 888.777.3711 Fax

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www.azezrentals.com [email protected] initials
mailto:[email protected]:[email protected]


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Sincerely,

Payam H. Raouf

General Manager

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PAGE

ParagraphFrom the

top

Items to be checked byHomeowner

Remarks

6 1 Print your Full Name(s) as It appears onthe county recording Office and on theTax Records.

If the property has more

than one Owner, bothmust sign.

6 2 Complete physical address of the

property

House /unit #, St, city,

county, zip

6 4 Start and end of date of the agreement 12 months after thestart date

7 4 Select leasing Option Standards, MLS,

Express

Initial

8 1 Lock Box Installation instruction Initial

10 Acknowledge the Agreement sign and date

11 1 list any additional properties If more than 1

12 Mold Disclosure/Lead-based paintaddendum,

Check mark, sign anddate

13 Homeowner Information Complete

14/15 Property Information Complete

16 Property needs check list We will send some to

ck17 2 Property Registration with Maricopa

County ( BY LAW) Slumlord statute

Initial

17 3 City business licensing ( BY LAW) Initial

18 Fill out the Direct Deposit Form sign/date/

(Optional)

Need a copy of a void

check if using ck

account19 Credit Card Information For service call

charges (Optional)

ONLY IF you have a

home warranty20 Read and Acknowledge Sign and Date

21 Read and Acknowledge Sign and Date

22 Property guideline exterior Sign and Date

23 Property guideline Interior Sign and Date

24 Municipal Rental sales Tax ( BY LAW) Sign and Date

25 W9 form Complete/date and

sign

26 Optional Items Initial and sign


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Dear Investor: Please acknowledge the receipt of all 26 pages byinitialing at the bottom of all pages from 1-25. You can use this check list

to make sure all areas that need to be reviewed and acknowledged are

done properly to avoid any delays in service. Once it is completed, pleasefax back to 888-777-3711 or scan and email to [email protected].

Thank you

Leasing Options

New Tenant Placement

Services

Standard

Leasing

MLS

Leasing

Express

Leasing

NO upfront marketing or administrative fees.

Rent-Rate / Vacancy analysis and updates

Supervising home preparation for rent

Marketing on AzEzRentals.com Network of Site

Paid advertising on 30 various national rental web Sites

Enroll property in the Multiple Listing Service

Various custom photographs of the inside / outside

Produce property flyers and brochures

Place For Rent sign and post in front of the property

Installing Supra (Realtor) Lock Box

Showing your Property and hold Open House

Nationwide Tenant Screening, Credit, Criminal,

Eviction, Sex Offender, FBI MW, Landlord, and

Employment Verification

Preparation of all Tenancy Agreements & Notices

Initial walk through and inspection of the property

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mailto:[email protected]:[email protected]


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Approximate days on market Under 90

Days

Under 60

Days

Under 30

Days

Leasing Fees and Marketing Options

STANDARD

LEASING

NO UPFRONT FEE !

One time Leasing Fee of $495 collected from the first months rent.

Marketing your property on:

1. AzEzRentals.com Network of Sites such as: Craigslist, Vast, Twitter,Google, Trulia, Hotpads, Zillow.com, Oodle, MySpace, Facebook.

MLS

LEASING

NO UPFRONT FEE !

One time Leasing Fee of $600 or 6% of gross rent amount whichever is

greater collected from the first months rent.



2. Arizona Multiple Listing Service (MLS). Realtor.com. we also offer upto half of our own commission to the other 20,000 plus Realtors in the

valley to lease your home.

EXPRESS

LEASING

NO UPFRONT FEE !

$200 for paid advertising (see #3 below) and one time Leasing Fee of $600

or 6% of gross rent amount whichever is greater collected from the first

months rent.



2. Arizona Multiple Listing Service (MLS). Realtor.com. we also offer upto half of our own commission to the other 20,000 plus Realtors in the

valley to lease your home.

3. Paid advertisement on national rental web sites such as:Rentals.com, Rent.com, apartments.com, RentalHouses.com,

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rentalhomesplus.com, Primedia Network of sites, Military.com,

Local.com, Gymyo.com, RentBits.com Google, Yahoo, Bing etc.

EXISTING TENANTS OR

LEASE RENEWAL FEE

Negotiating and renewing the lease for existing tenants is $ 200 for a one

year lease and $100 for less than one year.

Property Management Service and

Fees

Unfurnished Residential Property Management ServicesFee

Up Front Set Up And Administrative Fees -0-

Management fee charge while the property is vacant -0- Annual Renewal Fee -0-

Owner Maintenance Reserve Account ( If the property is covered by a home warranty) -0-

Home Owner Association Registrations Included

New Tenants complete move in inspection and reports Included

Full Accounting Services, Questions and Research Included

Collection of rental income via tenants portal(direct deposit) or certified funds by the 1st Included

Collection and distribution of rental tax, late fees and any HOA fines Included

Payment of all reoccurring monthly expenses such as HOA, Utilities, pool, gardening

services and pest control when authorized

Included

Direct Deposit of rental proceeds to homeowners account Included

Detailed monthly statements showing income and expenses Included

Year-end accounting summary of your account and 1099s Included

Complete Property Maintenance Services and repairs through our extensive network of

contractors, vendors, and handymen

Included

Arrangement of all repairs with our without home warranty (24/7 emergency service) Included

Arrangement of all routine maintenances such as gardening, pool, termite and pest

control

Included

Advice on insurances and handling any claims such as water and fire damages Included

Regular property inspections with written reports ( At the beginning, during and end of

each tenancy)

Included

Issuance of 48 notices to enter the promises for owners and routine inspections Included

Serving five day notices to "Pay Rent or Quit" if rent has not been paid by the fifth day of Included

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each month.

Coordinating the start of unlawful detainer action to evict your tenant in the event the

rent is not paid as agreed.

Included

On-Site Lock-Out Supervision with constable Included Monthly on line Rental Market Condition Newsletter Included

Total Monthly Property Management Fee 10% ofRent

Property Management and Leasing Agreement

PARTIES: The parties to this agreement are (Owner)__________________________________________and (Broker) ARIZONA PROPERTY MANAGEMENT AND INVESTMENTS.

Owner appoints Broker as Owners sole exclusive leasing and managing agent of the real property:

PROPERTY ADDRESS:______________________________________________________________.Owner authorizes Broker to lease the Property at market rates and on competitively reasonable terms as agreed

by the Owner.

MONTHLY MANAGEMENT FEE: Owner pays Broker10% of the monthly rent starting on the first dayof the new lease agreement and thereafter; the management fee will be charged on the first day of each month.There is no charge while the property is vacant.

TERM: Primary Term: The primary term of this agreement starts on __________and ends on___________.Unless Owner provides written notice of termination to broker at least thirty (30) days before the end date, thisagreement will automatically renew , as written and agreed upon, and continue until such time as either partyterminates this agreement by giving at least thirty (30) days advance written notice to the other party. If Brokercannot continue to effectively provide leasing and management services to Owner, for any reason; Broker mayterminate this agreement at any time with 30 days notice.

SECURITY DEPOSITS AND CONTRACTS UPON TERMINATION: Before Broker is to deliver toOwner any tenants security deposit held by Broker after this agreement terminates, Broker must deliver totenant a signed statement acknowledging that Owner is responsible for the tenants security deposit and theexact dollar amount of the security deposit. Owner agrees to be responsible for all then-existing contractsrelated to the property executed prior to the termination of this agreement and to hold Broker harmless from all

claims related to such contracts. This paragraph survives termination of this agreement.

DUTIES AND AUTHORITY OF BROKER: Broker may: advertise the Property for lease at ownersexpense; display signs on the Property; authorize other agents to show the Property; screen rental applications;execute & renew lease agreements; deny applicants & renewals of leases if needed; file insurance claims forOwner; collect from tenants or prospective tenants application, bad check & late fees (and retain for the cost ofcollecting such fees); terminate tenancies & serve notices of termination; evict tenants & recover possession,lost rent, or other damages, or to reinstate any tenancy or make concessions to avoid disputes; act for Owner

before Owners Association if needed; collect rents to be held in a trust account for all management properties(separate from Brokers company operating account); collect security deposits held in a trust account; at

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Owners expense, hire, contractors to make repairs, do maintenance or re-decorations, or alterations to theProperty (including any non-real estate items).

OWNERS RESERVES: Owners Maintenance Reserve Account of $300 is not required when the property is

covered by a home warranty and owners credit card information is on file to cover any service charges ORBroker will hold $ 300 in the Owners Maintenance Reserve Account as reserves for expenses relating toOwners property, to be used at Brokers discretion for expenses. This $300will be collected from the firstmonths rent. Broker or vendor will contact Owner by telephone or email when any single repair isneeded to get prior authorization to perform the work; unless it is deemed an emergency or health/safetyconcern by Broker. For services under $300, If Broker is unable to contact owner to receive an approval within24 hours from the time the Owner is contacted, Broker may do any and all repairs at their discretion. Ownerwill be charged the exact amount of any repair expense with no added fees for such expenses.

The Repair receipts will be posted online for the Owners records. If an outstanding balance of Ownersaccount exceeds $500 for a period of 10 days or more; a 10% surcharge for any expense incurred on Owners

behalf, may be added at Brokers option and interest charged at a rate of 18% per year plus any court costsincurred to collect. Excessive repairs will be considered remodeling and at Brokers discretion may be subject

to a 15% surcharge; and/or Owner may need to hire a contractor to supervise repairs.

VACANCY PERIODS: There is NO Management charge while the property is vacant.Broker may at Owners expense: advertise, contract for: utilities, cleaning, pool work, lawn care, paint, offerleasing fees at an agreed amount, or do other items Broker deems needed; perform other services related toleasing & management of the Property.

ONLINE COMPUTERIZED STATEMENTS: Monthly rent collected and expenses will be available onlineat no additional cost to owner. Broker will send monthly rent proceeds to Owner via electronic funds transfer

between the first and the fifteenth of every month provided that the tenant pays rent on time. Owner will setup online funds transfer instructions when invited by Arizona Property Management and Investments landlord

portal. All expenses incurred in regards to this property (or any other property managed by Broker, if a balanceis due) & management fee will be deducted from the rent each month and the balance of rent sent to Owner.

Non-use of online statements and/or banking will be by arrangement with Broker. If Owner is unable toreceive funds from Broker, via electronic funds transfer, a $5 per-check convenience fee will be assessed.Year End Statements and 1099s will be assessable to Owners online.

LEASING SERVICES AND FEES

Please select your preferred method of leasing your property by initialing next to only one of the preferred

option below: Whenever a new tenant is procured, Owner agrees to pay:

_________S TANDARD LEASING: One time Leasing Fee of $495.

_________ MLS LEASING: One time Leasing Fee of $600 or 6% of gross lease amount whichever is

greater._________EXPRESS LEASING : $200 Marketing Fee and one time Leasing Fee of $600 or 6% of gross

lease amount whichever is greater.

Whenever an existing tenant renews their lease, Owner agrees to pay a one-time Leasing Fee of $ 200.

LISTING SERVICES: When the Property is marketed for lease, Broker may file the property as a listingwith any Multiple Listing Service (MLS) and on a computerized system of public access. After the Property isleased, information about the lease will also be submitted to MLS.

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LOCKBOX: Not mandatory. A LOCKBOX is placed on the Property in which a key to the Property is placed.They make it more convenient for agents to show the Property. Agents will call first when planning to show.Only agents can open lockboxes. The lockbox records who has opened it. They involve some risk (such as

unauthorized entry, theft, property damage, or personal injury). Neither the Association of REATORS norany MLS system requires the use of a lockbox. Please discuss the advantages and disadvantages of lockboxeswith your Broker, insurance agent, and/or attorney.

Broker is [__________] is not[__________] authorized to place a lockbox containing a key to theProperty on the Property. Indemnity: If a lockbox is authorized, Owner will protect, defend, indemnify, andhold harmless Broker, Brokers associates, and other brokers or their associates, the Association ofREALTORS, and MLS, from any damages or claims arising from the use of the lockbox including, but notlimited to, damages to or loss of real of personal grope or Personal injury not caused by Brokers negligence.Owner assumes all risk of any loss, damage, and injury.

LEGAL COMPLIANCE: The parties will comply with all legal obligations, duties, and responsibilities

under the Arizona Property Code, fair housing laws, or other statue, administrative rule, local ordinance, orrestrictive covenant related to the leasing, use, management, or care of the Property. Broker is not responsiblefor the compliance of any building or equipment on the Property with any statue, ordinance, and law,regulation of any governmental body or of any public authority or official, or deed restriction.

PROPERTY CONDITION: Owner should make Broker aware of any material defect, environmental hazard,and any violation of any statute, ordinance, and law, regulation of any governmental body or deed restrictionon the Property that would affect the health or safety of any tenant. Owner will remedy any conditions thataffect the safety or health of a person on the property. If the Property was built before 1978, Owner willcomplete an addendum regarding lead-based paint. Owner authorizes Broker to disseminate to prospectivetenants or other brokers copies of the addendum completed by Owner.

Ownerwill protect, defend, indemnify, and hold harmless Broker, Brokers associates, and any other Broker or

their associates from any damages, costs, attorneys fees, and expenses arising from: (i) Owners failure todisclose, repair, or remedy any material defect or any condition affecting the health or safety of a tenant: or (ii)Owner providing any incorrect information to Broker, Brokers associates, other Brokers or their associates, orany prospective tenants.

OWNERS REPRESENTATIONS AND ADDITIONAL PROMISES: Owner represents that: (1) Ownerhas fee simple title and peaceable possession of the Property and all its improvements and fixtures, unlessrented, and has the legal capacity to rent the Property; (2) Owner is not now a party to a listing agreement or a

property management agreement with another Broker for the sale, lease, rental, or management of theProperty; (3) no person or entity has any right to purchase, lease, or acquire the Property mortgage, by virtue ofan option, right of first refusal, or other agreement; (4) no delinquencies or defaults exist under any deed oftrust, mortgage, or other encumbrance affecting the Property; (5) the Property is not under the direction of anycourt; and (6) All written information relating to the Property provided to Broker by Owner is true and correct.

If Owner becomes delinquent under any lien, mortgage, deed of trust, or other encumbrance affecting theProperty, Broker may inform any tenant occupying the Property of such delinquency. Owner must at all timesthis agreement is in effect: (1) cooperate fully in good faith with Broker to facilitate the showing andmarketing of the Property; (2) not rent or lease the Property to anyone without Brokers prior approval; (3) notenter into another listing or property management agreement with another Broker for the rental, leasing, ormanagement of the Property. (4) Provide Broker with copies of all leases if any, pertaining to the Property.Owner should check with their insurance agent as to the type of coverage needed on a rental Property & avacant Property. Interest on Trust Accounts: Broker may place any funds Broker holds in trust for Owner in an

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interest-bearing account and may retain any interest or income from such account. Compensation from interestis earned and payable at the time such interest accrues.

FEES FOR SALE OF PROPERTY: Sell means to sell, convey, transfer, or exchange or to agree to sell,

convey, transfer, or exchange. (1) If Owner sells the Property at any time this agreement is in effect, thisagreement will terminate on the date the sale closes, unless it terminates earlier by other provisions and Ownerwill pay Broker a cancellation fee equal to three months management fees. Broker may waive the fee if Ownerutilizes Broker to sell the Property pursuant to this agreement . If at any time this agreement is in affect orwithin 90 days after its termination, Owner sells the property to a tenant who occupied the property, Ownerwill pay Broker a fee of 3% of the sales price at the time the sale closes. If, however, a separate written listingagreement between Owner and Broker applies to the sale, this paragraph will not apply. Fees under this

paragraph are earned at the time Owner agrees to sell the Property and are payable at closing. If at any timethis agreement is in effect Owner sells or agrees to sell the Property to a person other than a tenant occupyingthe same Property and does not utilize Broker to sell the Property pursuant to a separate written listingagreement, Owner will pay Broker $200 for Brokers time and services to coordinate any showings,inspections, appraisals, repairs, and other matters related to the sale of the Property. Fees under this paragraphare earned at the time such services are rendered and payable upon Owners receipt of Brokers invoice or

statement.

REIMBURSEMENT OF BROKERS EXPENSES: Owner will reimburse Broker the following expensesthat are related to the leasing or management of the Property: If copies have been provided to Owner of any

paperwork that Broker has; and additional copies must be made for Owner or someone Owner designates suchas a lender; (1) copy charges; (2) charges for long distance telephone calls or facsimile transmissions; (3)regular, express, or certified mail charges; (4) notary fees; and (5) any other expenditure authorized by thisagreement or Owner. These will be charged at the rate of $25 per occurrence at Brokers option.

FUNDS RECEIVED BY BROKER AFTER TERMINATION: If Broker receives any funds on behalf ofOwner after this agreement terminates (for example, payment of rent, damages, bad debts, etc) Broker maydeduct reimbursements Broker is entitled to retain as if this agreement was then in effect. This provisionsurvives termination of this agreement.

LIMITATION OF LIABILITY:Broker is not responsible in any manner for:

(1) Personal injury to Owner or any tenant resulting from acts of third parties(2) Loss or damage of personal or real Property due to vandalism, theft, or freezing water pipes(3) Late fees or derogatory credit rating, owner incurs to any creditor caused by any late payments or late

rent by any tenant(4) Any lease violation or default by any tenant; or(5) Any other damage or loss.

If any loss, damage, or injury to the Property or any person is caused by Broker or Brokers negligence andsuch loss or damage is covered and compensable under any insurance policy related to the Property. Owneragrees, to the extent permitted by law, to hold Broker liable only for the Owners deductible in such a policy

and any other out-of-pocket expenses.

DEFAULT: If either party breaches or fails to comply with this agreement or makes a false representation inthis agreement, the party will be in default. If either party is in default, the non-defaulting party may seek anyrelief provided by law.

MEDIATION: The parties agree to negotiate in good faith in an effort to resolve any dispute related to thisagreement that may arise between parties. If the dispute cannot be resolved by negotiation, the dispute must be

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submitted to mediation before resorting to arbitration or litigation. If the need for mediation arises, the partiesto the dispute will choose a mutually acceptable mediator and will share the cost of mediation equally.

ATTORNEYS FEES: If Owner or Broker is a prevailing party in any legal proceeding brought as a result of

a dispute under this agreement or any transaction related to or contemplated by this agreement, such party willbe entitled to recover from the non-prevailing party all costs of such proceeding and reasonable attorneys fees.

AGREEMENT OF PARTIES: Entire Agreement: This agreement contains the entire agreement between theparties and may not be changed except by written agreement. Joint and Several: All Owners signing thisagreement are jointly and severally liable for all provisions of this agreement. Any act, notice to, payment to,signature of, or instruction from, any one or more of the Owners regarding this agreement, its renewal,extension, or termination, is binding on all Owners executing this agreement. Binding Effect: This agreementis binding upon the parties, their heirs, administrators, executors, successors, and permitted assigns.Controlling Law: The laws of the State of Arizona govern the interpretation, validity, performance, andenforcement of this agreement. Severable Clauses: Should any clause in this agreement be found invalid orunenforceable by a court of law, the remainder of this agreement will not be affected and all other provisionswill remain valid and enforceable to the fullest extent permitted by law.

ADDITIONAL NOTICES: Brokers Fees and the sharing of fees between brokers are not fixed, controlled,recommended, suggested, or maintained by the Board or Association of REALTORS, MLS, or any listingservice. The amount an Owner agrees to pay a Broker is negotiable. Fair housing laws require the Propertyto be shown and made available for lease to all persons without regard to race, color, religion, nationalorigin, sex, disability, or familial status. Whether a lockbox is authorized or not, Owner is advised tosafeguard and/or remove all valuables from the Property. Broker cannot give legal advice.

NOTICES: Notices must be in writing & will be affective when hand-delivered, mailed, or sent by fax or anelectronic transmission.

Owner Printed Name(s) _______________________________________________

______________________________________________ ___________Owner Signature Date

Owner Printed Name(s) _______________________________________________

______________________________________________ ___________Owner Signature Date

Agent Printed Name(s): Payam Hossni Raouf

______________________________________________ ___________

Agent Signature Date

Broker Printed Name(s): Rhonda Urtuzuastegui

______________________________________________ ___________Broker Signature Date

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Additional Properties

When attached, this Multiple Property Addendum shall be a material part of the Management Agreement

between _________________________________ (Owner) and Arizona Property Management and

Investments (Manager).

Please list the address for each property and if the property has a current tenant or is available for

new renters.

Address City State Zip Status

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\MOLD DISCLOSURE / LEAD-BASED PAINT ADDENDUM

Please complete the following questionnaire regarding the condition of the property.Because of the potential health concerns, these questions require you disclose any knownconcerns regarding mold and lead-based paint.

MOLD

1. Has the property ever been flooded? Yes No2. Are you aware of any water damage at the property? Yes No3. Are you aware of any water leaks of any kind? Yes No4. Are you aware of any past mold growth on the property? Yes No5. Are you aware of any present mold growth on the property? Yes No

If you answered yes to any of the questions above regarding mold, please explain andprovide details of the current status:

L EAD-BASED PAINT AND/OR LEAD-BASED PAINT HAZARDS

Lead Warning Statement

Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and

dust can pose health hazards if not managed properly. Before renting pre-1978 housing,

Owner must disclose the presence of known lead-based paint and/or lead-based paint

hazards in the dwelling so Tenant can be properly notified.

Owners Disclosure

(a) Presence of lead-based paint and/or lead-based paint hazards (check (i) or (ii) below):

(i) Known lead-based paint and/or lead-based paint hazards are present in the housing

(explain).

(ii) Owner has no knowledge of lead-based paint and/or lead-based paint hazards in

the housing.

(b) Records and reports available to the Lessor (check (i) or (ii) below):

(i) Owner has provided the lessee with all available records and reports pertaining to

lead-based paint and/or lead-based paint hazards in the housing (list documents below).

(ii) Owner has no reports or records pertaining to lead-based paint and/or lead-based

paint hazards in the housing.

________________________________ _______________

Owner Signature Date Owner Signature

Date

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Owner Information

Please print or type so we can enter accurate information into our database.Thank you.

Last Name

First Name (Formal) Nickname:

Home Telephone #

Work Telephone # Extension:

Fax #

Mobile #

Email Address

Mailing Address

City, State, ZIP

Name of Spouse

Is Spouse a Co-Owner? Yes No Spouse Nickname:

Spouse Work Telephone # Extension:

Spouse Mobile #

Spouse Email

Co-Owner (s) if other than

SpouseOwnership Split (List name/

%)

%= %=

Ownership Split (List name/

%)

%= %=

Co-Owner (s) Home #

Co-Owner (s) Work #

Co-Owner Address

Disbursement Checks

Payable to:Is property in a trust? Yes

No

Trust Name:

Is property in a business

name?

Yes No

Business Name:

Emergency Contact Name

Emergency Contact #s

Home Owner Association

HOA Contact Name/Phone #

HOA AddressHome Insurance

Company/Agent/Phone

Number/Policy Number:

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Home Warranty Company

Company/Agent/Phone

Number/Policy Number:

Please complete the information about your property below our property manager will

complete what you leave blank!

PROPERTY INFORMATION:

Address:

______________________________________________________Neighborhood/Subdivision_______________

HOA: _______________________

City, ST,____________________________________Zip________________Closest Cross

Streets:_____________________

Current Tenant Information: Monthly Rent: _________ Date Available:

___________________Name: _____________________________________ Desired Rent: _____________________

Name: _____________________________________

Home Phone: _____________________________________

Work Phone: _____________________________________

UNIT INFORMATION:

Smoking: Yes No Notes:_________________________________________________

Pets: Yes No Notes:_________________________________________________

Section 8: Yes NoUtilities:

Are Utilities On: Yes NoElectric: Tenant Owner Electric Company: ___________________Gas: Tenant Owner Gas Company: ______________________W/S/T: Tenant Owner Water Company: ____________________

AMENITIES:

Bedrooms: ______ Main Level ______ Upper

Bathrooms: ______ Main Level ______ Upper ______ Basement

Year Built: ______

Square Ft.: ______

Type: ______ House ______ Duplex ______Apt. ______ Condo Other:

________________

Parking: ______ Garage ______Carport ______ Off StreetCable TV: ______ Wired/Dish/Satellite: ______

Furnished: Yes NoFireplace: Yes NoFenced: Yes NoPatio/Deck: Patio DeckDisposal Yes NoDishwasher: Yes No

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Electric Heat: Yes No

Gas Heat: Yes NoAir Conditioning: Yes No #. Of Units: _______

Ceiling Fans: Yes No Where: _______________________________________Fridge: Yes NoRange: Yes No Gas ElectricShed/Storage: Yes NoSprinklers: Yes No

Laundry Room: Yes NoHook-ups: Yes NoWasher: Yes NoDryer: Yes No Gas ElectricPool: Yes NoSecurity Alarm: Yes NoMonitoring Co.: _____________________________________Phone Number: _______________ Code:

______

OTHER:

Can a For Rent sign be posted at the property? Yes No# Of House Keys: _____ # of Mailbox Keys: _____ Mailbox #/Location:

__________________________________

# Of Garage Door Openers: _____ # Gate Keys: _____ Pool Keys: _____ Clubhouse Keys:_____

PROPERTY FEATURES/EXTRAS:

Extra Rooms?

Flooring?

Architectural Features?

Furnishings Descriptions?

CURRENT MAINTENACE NEEDS:

ADDITIONAL NOTES:

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Property Needs

KEYS: Arizona Property Management and Investments will need keys to begin caring for

your property.

Please advice Arizona Property Management and Investments how keys will be

provided for the property.

The property needs to be keyed with new locks. (Required if property was

occupied by previous tenants.)

I will mail the keys. (Please forward keys in padded envelope to 5723 WestGlendale Ave Glendale AZ 85301

The property is tenant occupied and I do not have keys to the property.

PROPERTY MAINTENANCE:

During vacancy, the owner is responsible for Landscape and Pool Maintenance

and the costs associated for these services.

Which party to the lease agreement is responsible for the followings maintenance

issues? Please complete the information below.

Landscape Maintenance:

Who is responsible for maintaining the landscape at your property? Tenant Owner

Pool Maintenance:Who is responsible for maintaining the pool at your property? Tenant

Owner

Pest Control:

Who is responsible for pest control at your property? Tenant Owner

Other:

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NEW MANAGEMENT OWNER CHECKLISTAfter completing the Management Agreement, please complete the following tasks. All documents

need to be returned to us in order for us to begin proper management of your property, Arizona

Property Management and Investments is not liable for any requested documents not provided:

Review and sign Management Policies document. Return to Arizona Property Management and

Investments.

Review and sign Minimum Property Standards document. Return to Arizona Property

Management and Investments. This document will help you review what is needed at the

property with your property manager.

Send keys to Arizona Property Management and Investments including 4 house keys to each

lock, 2 garage remotes, and any other pool/gate/door/community keys. Provide gate codes ifapplicable. Please note, for each number of key that is not provided, Arizona Property

Management and Investments will make a duplicate at a cost of $5.00 per key. If no garage

door opener is provided, Arizona Property Management and Investments will provide at a cost

of $35.00 per each opener needed. If no keys are available, Arizona Property Management and

Investments will provide a rekey of the property at a charge of $80.00. If any of these services

are needed, please include a check of these fees with your keys.

Make sure to keep all Utilities on in owners name until rented. For summer months, the

cooling will be set at 84 degrees.

W-9 Form: Complete W-9 form, including Social Security (or EIN) and signature. Contact your Home Owners Insurance Company and have Arizona Property Management and

Investments named as an additional insured. Have the Insurance Company mail or fax proof of

Insurance to our office. Fax number: 888-777-3711. Mailing address: 5723 west Glendale Ave,

Glendale AZ 85301.

Make sure that Arizona Property Management and Investments has 1 copy of the CCRs, along

with the HOA name and phone number. (If we do not receive a copy of CCRs from owner, we

will order from the HOA at the owners expense.)

County Assessors Office: Owners are required to complete the Registration of Maricopa County Residential Rental

Property. This form can be completed on the Internet at

http://www.maricopa.gov/Assessor/Residential_Property_Form.aspx or mailed in to the

Assessor. Please forward a copy of the completed form to the office.

_____I would like Arizona Property Management and Investments to Register my property withMaricopa County for a onetime charge of $50.00, Please make check payable to Arizona PropertyManagement and Investments.

_____I have provided a copy of my County Registration with my management agreement to ArizonaProperty Management and Investments.

If the property is covered by a Home Warranty, please provide the Home Warranty papers.

Owners credit card information must also be on file to cover any service call charges.

If your property currently has a tenant:1. Forward a copy of current lease to Arizona Property Management and Investments; if tenant

needs to be evicted we must receive an account balance for the tenant. Costs to evict are

$700.00 and please include check with other documents.

2. Forward a copy of tenant move in inspection and pictures to Arizona Property Managementand Investments.

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3. Forward tenants security deposit to Arizona Property Management and Investments.

City Business Licensing If it is required that the owner of the property obtains a City Business License. You have the

option to do one of the items listed below:

_____ I would like Arizona Property Management and Investments to obtain my City BusinessLicense and have included a copy of my Drivers License and a check in the amount of $50.00 madepayable to Arizona Property Management and Investments for the initial license processing fee.Additionally, I have included a check made payable to the appropriate city for the cost of the license.

_____ I have provided a copy of my City Business License with my management agreement toArizona Property Management and Investments.

Direct Deposit

Arizona Property Management & Investments offers direct deposit of OwnerFunds to your Owners account. By taking advantage of direct deposit, it will

eliminate the "loss of or delayed" check from the post office and will allow accessto your funds sooner.

DIRECT DEPOSIT ENROLLMENT AND AUTHORIZATION FORM

I (we) hereby authorize Arizona Property Management & Investments to initiatecredit entries to my CHECKING/SAVINGS (circle one) account indicated at thedepository named below.

Depository name(s): _____________________________________ Branch:____________________________

City: __________________________________________________ State: ____________ Zip:

______________

IF THIS IS A CHECKING ACCOUNT PLEASE ATTACH A CANCELED OR VOIDED CHECKTO THIS FORM.

IF THIS IS A SAVINGS ACCOUNT PLEASE PROVIDE:

Account: _______________________________________ Bank Routing #:_______________________________________

This authorization is to remain in full force and effect until Arizona PropertyManagement & Investments has received written notification from me/us of itstermination in such time and in such manner as to afford Arizona Property

Management & Investments a reasonable opportunity to act on it.

Name(s) (pleaseprint):_________________________________________________________________________________

E-mail Address: ____________________________________________________Fax Number:_______________________

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__________________________________________________________________Signature Date

__________________________________________________________________Signature Date

Please attach a VOIDED check (No deposit slips please)

Credit Card Authorization

If the property is covered by a Home Warranty, the Home Owners credit card

information must also be on file to cover any service call charges.

Credit Card Information

Maximum Permitted Transaction Amount: $300.00 per month.

Payment type: _________________

Card Number: ___________________________________

Card Expiration Date: __________________ (MM/YY)

CVV2 Number: __________________

Last three digits on the back of Credit Card

Property Address: ____________________________Property Manager: ____________________________

Date: ____________________________

CARDHOLDERS INFORMATION:

First Name: ____________________________

Last Name: ____________________________

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BILLING INFORMATION:

Address: ____________________________

City: ____________________________

State: ____________________________

ZIP/Postal Code: ____________________________

Signature: ____________________________

MANAGEMENT POLICIES

Owner agrees to provide house, mail, pool, any other keys & garage remotes to the

property. Arizona Property Management and Investments will need to duplicate up to 4

keys at Owner expense if multiple copies are not provided. If the property was previously

managed by another company or occupied by previous tenants, APMI will need to rekey the

property at Owner expense to ensure the security of the property to future tenants. If the

property is brand new or previously owner occupied, keys may be mailed in a padded

envelope with Delivery Confirmation to our office at 5723 West Glendale Ave Glendale, AZ

85301.

Owner will provide a copy of homeowners insurance listing Arizona Property Management

and Investments as additionally insured.

Owner must provide current HOA information including HOA name, Manager Name, Mailing

Address, and Contact phone number. Owner must provide one copy of CC&Rs to APMI. If

APMI has to order a copy from the HOA, the owner will be billed $50 for the cost of that

service.

Owner will provide all leases and tenant information if the property is already rented. If

APMI has to extensively research the terms of the lease or determine the tenant

information, the Owner will be charged for the time involved. If APMI takes over

Management of a property with current tenants, a Property Inspection will be scheduled

immediately and billed to the owner at $45.00.

Owner will provide all tenant account balances for properties previously managed by either

the owner or another management company. This assists us in collecting the correctpayments from the tenant. If no information is provided, APMI will assume there are no

past due balances. Owner will notify APMI of any units that are on a voucher. Owner will

change the payment address for any Housing Assistance Program payments and redirect

HAP payments to APMI, 5723 West Glendale Ave Glendale, AZ 85301.

Owner understands that APMI cannot properly market the property until it is ready to

show. Owner also recognizes that APMI must receive payment upfront for services needed

at a vacant property. Owner may pay by check or credit card. Owners may choose to utilize

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the convenience of a reserve. Either way, funds must be available to meet the payables for

the property. A late fee of 1.5% will be assessed if invoices are not paid by the 15th of the

month. A penalty of $20 will be assessed if Manager has to call more than twice or issue

reminder notices for an invoice to be paid.

Utilities should be turned on in the owners name if the property is vacant. Owner should

list Property Manager as an Authorized person to turn off utility service. Per the Tenant-

Landlord Act, utilities may not be shut off in a tenant-occupied unit for any reason.

Owner will work with APMI to handle utilities that have not been switched to the Tenants

name. The Tenant will be charged for all utilities used during occupancy according to the

lease terms.

The property must be free of mold issues prior to marketing the rental.

All plumbing, A/C, heating, and garage door openers must be in good working order and

appliances must be clean. Appliances must be repaired or replaced immediately if they

break down.

The property must be completely clean and should meet Arizona Property Management and

Investments

Minimum Property Standards.

Landscaping must be properly maintained during vacancy. Owner is responsible forreplacement of landscaping damaged by natural occurrences like the weather.

Owner is responsible to ensure pools and spas meet all safety barrier requirements and all

city ordinances. Pool violations are the responsibility of owner and APMI is not liable for

maintenance or condition of your swimming pool.

Owner must complete the Notification of Arizona Residential Rental Property form for the

County Assessors office. This form must be competed and submitted by the owner to the

County. Arizona Property Management and Investments will assist the Owner in this

process by providing the parcel number to the owner if necessary.

If an owner has a key to the property, the owner is not permitted to enter the property

without legal notification to the tenant and APMI. The tenant must be notified using APMIs48 Hour Intent to Enter notice.

Arizona Property Management and Investments is not responsible for the discovery of

defects, either latent or observable, that may cause damage or present problems that

create safety concerns, and no warranties are expressed or implied that the home is free

of functional or mechanical defects.

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______________________________________________________________________

________________________

Owners Signature Date

______________________________________________________________________

________________________

Owners Signature Date

MINIMUM PROPERTY STANDARDS GUIDELINE

These standards are based on our experience and will ensure the property shows like it

should to potential tenants. Once we receive your management agreement and keys to the

property, we will complete a thorough property inspection and take pictures for

advertising. If there are issues with any of the following standards, your property manager

will make recommendations to rectify the situation. We are able to address any issue the

property may have and must receive payment prior to ordering work to begin.

EXTERIOR MAINTENANCE

Landscaping: Front yards must be landscaped and well-maintained. If a property isvacant, an owner should expect to have some landscaping maintenance or cleanupto prepare the property for market. Backyard landscaping, if present, must be well-maintained and ready for tenant move in. Grass should be mowed and sprinklertimers should be set. The property should be free of weeds. All trees and bushesshould be trimmed.

The property must be free of debris, previous tenant belongings, and junk. Both theexterior and interior must be clean and any junk must be removed prior toadvertising the property. In most cases, the house should have no furniture,decorations, pictures, decorator elements, etc. Walls should be clean and bare, andcountertops should be clean and bare as well.

Patios and porches should be swept and free of garbage.

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Pools: Appropriate city codes must be met for pool security and the owner is

responsible to meet that requirement. Regular cleaning and chemical service mustbe scheduled while the property is vacant. During vacancy, power must be on at theproperty so the pool equipment is operational. Violations for green pools are the

responsibility of the Owner, and APMI assumes no liability or responsibility for yourpool or its upkeep. Arizona Property Management and Investments will assist you inhiring a pool service company if needed. Costs of pool maintenance are theresponsibility of the Owner.

Garbage Receptacles: Should be empty and inside the fence. If full trash cans needto be taken to the street, an additional charge will be assessed. Driveways shouldbe free of oil stains.

_____________________________________________________________________________________________

Owner Date Owner Date

INTERIOR MAINTENANCE

Interiors must be very clean and ready for tenant move-in. Potential tenants will notrent aproperty that is not properly cleaned. Our cleaning crews clean to our standard. We

are happy to

provide you a cleaning checklist if you wish to clean the property prior to our

management. The

property must be odor-free. If the property has been vacant for several months, it

will likely need a

mild cleaning to remove dust, dead bugs, etc.

Carpets: Must be shampooed and appear clean. Carpets must be vacuumed, stain-free, odor-free, and properly stretched. Floors should be in good condition and freeof dirt, spots, and dust.

Doors and Windows: All door locks and window locks must function properly.Window screensshould be free of holes and fit properly. Door stops are recommended for every

interior door at the

property. All doors should be present and operational. Window coverings (basic

blinds are fine)

are strongly recommended to discourage tenants from mounting their own window

coverings.

Window coverings must be clean, and work properly (i.e. rods, drawstrings, wands,

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Air filters and furnace filters must be new or clean and free of dust and lint so theyoperateproperly. Air conditioning and heating must be operational. Electrical outlets,

lighting, and fansshould work properly. All outlet covers and switch covers must be installed.

Appliances: Must be fully operational and clean on both the outside and inside ofthe appliance(i.e. microwave, refrigerator, washer, dryer).

Kitchen and bathroom fixtures should not leak or drip. Toilets must flush and sinksmust drain.

Walls, ceilings, and baseboards must appear nice and clean. Neutral colors arerecommended.Tiny holes should be filled in and painted to blend in with the rest of the walls. Any

repair larger

than 1 x 1 should be properly repaired with texture and painted to match exactly.

If the wall

appears spotted from these repairs, it should be fully painted from corner to corner.

Walls should

be free of pictures, decorations etc.

At least one remote must be provided for properties with an automatic garage door.If a remote isnot provided, the owner will be billed for a replacement when the tenant moves in.

Smoke alarms must be in working condition.

Owner will provide pest control within the first 30 days of occupancy if needed.

________________________________________________

_____________________________________________

Owner Date Owner Date

Property Management Checklist

IRS W-9 required for setting up the Owner Trust Account.

The handling of money for the Owners interest Arizona PropertyManagement and Investments is required to report collected rents

as caring. (1099)

State Of Arizona It is necessary to change properties legal class to a rental

property. Property Taxes will be affected.

Registered with County for the Slumlord statute, All rental

properties must be registered.

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Out of state owner Statutory Agent needs to be appointed

Web sites are: Maricopa County www.Maricopa.gov/assessor/

Pinal County www.pinalcountyaz.gov/Department/Assessor

Municipal Rental Sales Tax (see chart for rates January 2009)

Rate License Required Tax Returns Filed BY

Phoenix 2% Master Company Return

Scottsdale 1.65% Master Company Return

Mesa 1.75% Master Company Return

Gilbert 1.5% Master Company Return

Apache Junction 2.2% Master Company Return

Peoria 1.8% Individual Company Return

Glendale 2.2% Master Company Return

Buckeye 2% Master Company Return

Surprise 2.2% Master Company Return

Tempe 1.8% Individual Individual Return

Chandler 1.5% Individual Individual Return

Avondale 2.5% Master Company Return

Paradise Valley 1.65% Master Company Return

Litchfield Park 2.8% Master Company Return

Goodyear 2% Master Company Return

Fountain Hills 1.6% Master Company Return

Florence 2% Master Company Return

El Mirage 3% Master Company Return

Cave Creek 2.5% Master Company Return

Casa Grande 1.8% Master Company ReturnCarefree 3% Master Company Return

The city which you are to pay taxes to will be where water services are purchased from.

Insurance Policy Naming Arizona Property Management & investments as additional

insured.

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http://www.maricopa.gov/assessor/http://www.pinalcountyaz.gov/Department/Assessorhttp://www.maricopa.gov/assessor/http://www.pinalcountyaz.gov/Department/Assessor


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CA 019013

Under penalties of perjury, I certify that:1. The number shown on this form is my correct taxpayer identification number (or I am waiting for a numberto be issued to me), and

2. I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have notbeen notified by the Internal Revenue Services (IRS) that I am subject to backup withholding as a result of afailure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup

withholding, and

3. I am an U.S. person (including an U.S. resident alien).

Certification instructions: You must cross out item 2 above if you have been notified by the IRS that you are

currently subject to backup withholding because you have failed to report all interest and dividends on your tax

return. For real estate transactions, item 2 does not apply.

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Form W-9Rev. May 2007

Request for Taxpayer

Identification Number and Certification

Completed form should be

given to the requesting

department or the

department you are

currentl doin businessName( List legal name, if joint names, list first & circle the name of the person whose TIN you enter in Part I -See Specific Instruction on page 2)

Business name,if different from above. (See Specific Instruction on page 2)

Legal Address: number, street, and apt. or suite no. Remittance Address: if different from legal address number, street,

and apt. or suite no.

City,state and ZIP code

City, state and ZIP codePhone # ( ) Fax # ( ) Email address:

Part I Taxpayer Identification Number (TIN)Enter your TIN in the appropriate box. For individuals, this is

your social security number (SSN). However, for a resident

alien, sole proprietor, or disregarded entity, see the

Part Iinstruction on

page 2. For other entities, it is your employer identification

number (EIN). If you do not have a number, see How to get a

TIN on page 2.

Social security number

_ _ _ - _ _ - _ _ _ _OR

_ _ - _ _ _ _ _ _ _

Em lo er identification number

Part II Certification

SignHere


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Optional ItemsPlease initial next to items that apply to your property, total it andprovide a check payable to Arizona Property Management andInvestments at 5723 W Glendale Ave Glendale, AZ 85301.

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___________________________________________ ___________________________________________Owners Authorization Date Owners AuthorizationDate

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Initial

One time Charges CostRegister my property with Maricopa

County

$50

Apply for City Business License $50

Actual Cost of the license for the city $50

Rekeyed my front door $80

Make 4 copies of the house key $20

Provide 2 Remote Control garage door

openers

$70

Obtain 1 copy of the CCRs from my HOA $50

Evict my Current Tenants Including Legal

Fees

$700

Total

These options are already included in our property management

fees and there are no extra charges. When approved these fees will

be deducted from your monthly owners funds.

initial

Pay My Monthly Recurring Charges AmountHOA FEE $Gardening service $

Pool Service $

Pest Control Service $

Electric Bill Per Occurrence

Gas Bill Per Occurrence

Water Bill Per Occurrence

Other

apmi leasing and property management agreement 11.10

Documents