Frequently Asked Questions

• Q: Am I required to make my property available to Section 8?

  A: You are not required to make it available for Section 8, although we have the knowledge to accept it and we still have the potential renters go through Legacy Properties application process.

• Q: Are you licensed?

  A: Yes, Legacy Properties has both a licensed Real Estate Broker and a Licensed REALTOR. Licensure is required to perform the services that we provide.

• Q: Can I reach you after hours?

  A: We can be reached via email at any time for a quick response or via our office phone number. Voicemail messages will be returned the next business day.

• Q: Can you put the money directly into my account?

  A: Yes, we offer direct deposit for an additional fee of $5 per disbursement.

• Q: Do I get to see the lease or sign it?

  A: Yes, we can prepare the lease to be executed by you or Legacy Properties. All executed leases are available for your viewing through the owner portal.

• Q: Do you sell real estate too?

  A: No…we strictly focus on the properties we manage, but have a network of Realtors that we can suggest that can assist you in the sale or purchase of a property.

• Q: How and when do I get my checks?

  A: Disbursements are made monthly after the first either via US mail or direct deposit.

• Q: How is rent collection handled?

  A: Residents are provided the option to either mail in a check/money order, deposit/direct deposit to our checking account, leave check/money order in our drop box located at our office or hand deliver to our Property Manager or Office Manager. Rent is due on the first and considered late after the fifth of the month. Late fees are assessed as necessary.

• Q: How long of a lease do you sign?

  A: Leases in general will be a 12-month lease term. Under extenuating circumstances a 7-month lease term may be considered.

• Q: How much security deposit do you charge the tenant?

  A: Security deposits are equal to a full month’s rent.

• Q: How soon can you start managing my property?

  A: We are prepared to evaluate and begin managing your property immediately upon agreement and execution of the Property Management Agreement.

• Q: What type of properties do you manage?

  A: We manage single family homes, condominiums, townhomes, villas and apartments.

• Q: What type of reports do I get and how often?

  A: You have full access to our Rentec owner portal for your convenience. Customized reports can be provided upon request.

• Q: Who holds the tenant security deposit?

  A: Security deposits are held in a non-interest bearing Florida bank account by Legacy Properties, LLC.