LEASING GUARANTEE
PMI East Lyme has one of the most extensive screening processes in the industry to ensure the tenants we procure are qualified; however, life happens, and when it does, we have you covered. If a tenant does not fulfill at least 3/4 of a lease term, we will find you a new tenant at no additional charge.
HOW IT WORKS
PMI East Lyme’s Screening Process:
- All occupants 18 & over must apply
- Applicants are approved based on a scoring process that is fair & consistent to comply with Fair Housing
- Criminal background check
- Credit check to detect any collections, bankruptcies & assess credit worthiness
- Employment & Income are confirmed by contacting the actual employer or supervisor
- PMI East Lyme retains the leasing fee from the tenant’s first months’ rent – You pay ZERO out of pocket!
- Applicants with outstanding evictions or unpaid rental collections are denied
Conditions for PMI East Lyme’s Leasing Guarantee:
- We must have placed the tenants. This guarantee does not cover tenants we’ve taken over or inherited
- The guarantee is not applicable in the event a tenant does not fulfill their lease due to military orders, military transfers, or any other legal cancellation of a lease
- The guarantee does not cover tenants who have abided by the lease terms by paying appropriate lease termination fees
- Owner must be under a PMI East Lyme Benefit Package that includes the Leasing Guarantee
What We Do As Your Niantic Property Manager
We do more than just collect rent
Property Marketing
We work to quickly find the right tenant for your home and use our proven marketing methods to attract high-quality applicants.
TENANT SCREENING
Every application undergoes careful screening, with background and financial checks designed to keep your interests protected.
RENT COLLECTION
Getting your rent payment on time shouldn't be a guessing game. We handle all billing and get your money to you on time.
PROPERTY MAINTENANCE
We know how to keep your property in optimal condition. We handle all maintenance requests and coordinate repairs for you.
FINANCIAL REPORTING
We provide full visibility and monthly reports for your property. Access your account any time through the 24/7 Online Owner Portal.
PROPERTY INSPECTIONS
Our regular in-person inspections allow us to identify potential problems in advance & keep your home healthy.
EVICTIONS
If a tenant relationship ever takes a turn for the worse, we can process the eviction for you & minimize its impact on your bottom line.
LEGAL COMPLIANCE
We monitor the laws and insurance regulations that impact your home & work to ensure that your property is legally compliant.
HOME WATCH
For owners of second homes who want the security of knowing their home is being watched and cared for while they are away.