FAQs
Please read through our FAQ's to answer some common questions.
1 - How long will it take to lease my property?
This will greatly depend on several factors. Current market conditions, volume of available rental properties, and the style and price of your property all are factors. We strive to lease the property as quickly as possible while continuing to adhere to qualification guidelines. We will not jeopardize the integrity of your property by approving less than qualified applicants. |
2 - What is the qualification process for an applicant?
Malt Realty will attempt to investigate potential lessees prior to occupancy. Malt Realty possesses the tools required to investigate applicants. Credit, employment, rental, and on-line public civil and criminals histories are obtained. Additionally, if your Association requires a separate application, this is completed and sent to your Board for approval. |
3 - How are monthly rental collections handled?
All rents are due on the 1st of each month. Late fees are charged as of the 6th of the month. Residents who have not paid by the 5th of each month are contacted by telephone. If payment is not received by the 6th of the month the legal prerequisite paperwork (3 Day Notice to Payor Surrender Premises) is hand delivered between the 7th and 9th of the month. Upon expiration of the 3 Day Notice eviction proceedings can begin if necessary. The Law Offices of Heist, Weisse and Davis, P.A. are retained to process the eviction. Generally eviction proceedings are not necessary as we carefully screen our prospects. However, a financial hardship, such as loss of employment or divorce can arise causing a change in a resident's ability to pay. |
4 - Once my property is rented, when can I expect my monthly rent proceeds check?
This depends on the option you choose and when your resident actually pays the rent. All rents are due on the first of each month. Once received by our office, the check is deposited in our rental escrow account. Once the resident's check has cleared the bank, one of two options is available to you. Option 1: Direct Deposit - The funds will be electronically deposited into your account (contingent upon when your resident has paid the rent). Your monthly Rental Statement will either be e-mailed or mailed to you per your direction. Option 2: U.S. Mail - The net proceeds check and your monthly Rental Statement, will be mailed to you between the 15th and 20th of the month (contingent on when your resident has paid the rent). |
5 - How often is my property inspected?
Written inspections are as follows. Pre Move-In Inspection This inspection details the condition of your property prior to resident's occupancy. Move Out Inspection This inspection details the condition of the home at the resident's move out in order to ensure the home is returned to us in the same condition as at move in, normal wear and tear accepted. If any resident damage is determined a claim will be imposed on the resident's security deposit as required by Florida Landlord/Tenant Laws. If no damage is found the resident's security deposit will be returned in compliance with Florida Landlord/Tenant Laws. Resident Move-In Inspection This affords the resident the right to inspect the property within 72 hours of occupancy to list any deficiencies in the property to protect the resident from liability from same at the time of move out. Should you, as the owner, request an inspection be done at any other time, we will accommodate that request at a nominal fee per inspection. |
6 - What if I want to sell my property?
Malt Realty is a full service real estate company with licensed realtors and property managers with over 20 years experience and have managed and sold literally thousands of properties in Fort Myers. Please contact our office for full details on what we can offer. (Please note that Malt Realty will not contract to manage a property for lease that is currently listed for sale.) |



