Prepared for [Owner Name] Property: [Property Address]
NVRE Lic: B.1002625 · PM Permit: PM.0168016.BKR
Section I
About Strata
A licensed, full-service property management platform built for Nevada landlords and investors.
Strata Real Estate & Leasing provides professional property management and leasing services to residential landlords and investors throughout Southern Nevada — with compliance standards, responsiveness, and a commitment to protecting your investment that defines everything Strata does.
Why Landlords Choose Strata
—Direct Broker Access — Questions get answered, decisions get made, problems get resolved — without layers of staff between you and the person responsible.
—Licensed & Compliant — Operating under NRS Chapter 645 with a comprehensive compliance library. NVRE Lic: B.1002625 · PM Permit: PM.0168016.BKR.
—Full-Service Capability — Tenant placement, rent collection, maintenance, lease renewals, compliance — all under one roof.
—Sales Integration — When you are ready to sell, Strata's sales team already knows your property. The transition is seamless.
The Strata PM Standard
Your rental property is an investment. Strata manages it like one — with professional tenant screening, documented procedures, Nevada-compliant leases, and responsive management that protects your asset value and your peace of mind.
Section II
Our Services
Everything included in Strata's full-service property management platform.
T
Tenant Placement & Screening
Professional marketing, application processing, credit and background screening, income verification, rental history review — all fair housing compliant.
$
Rent Collection
Monthly rent collection with documented procedures. Late payment pursuit per Nevada law. Owner disbursement with clear accounting. No rent collected — no management fee.
📋
Nevada-Compliant Leasing
Nevada-compliant residential lease agreements with required addenda, disclosures, and move-in documentation for every tenancy.
🔧
Maintenance Coordination
Tenant maintenance requests received, evaluated, and coordinated with qualified vendors. Owner notification for repairs above agreed threshold.
🏠
Move-In & Move-Out Inspections
Documented condition reports with photographs. Security deposit accounting per Nevada NRS 118A requirements.
📊
Owner Reporting
Monthly owner statements with income, expenses, and net disbursement. Annual reporting to support tax preparation.
📅
Lease Renewals
Proactive renewal outreach, rental market analysis, renewal rate recommendations, and new lease documentation.
⚖️
Nevada Compliance Management
Management in compliance with NRS Chapter 118A, NRS Chapter 645, and applicable federal fair housing regulations.
Section III
Tenant Placement Process
Placing the right tenant is the single most important decision in managing your rental property.
1
Property Preparation Assessment
We advise on repairs, cleaning, or improvements to maximize rental rate and attract qualified applicants.
2
Rental Market Analysis
We analyze current rental comparables to set a competitive, market-supported rental rate.
3
Professional Marketing
Listed on MLS, Zillow, Apartments.com, Realtor.com, Facebook Marketplace, and Strata's leasing platform.
4
Application & Screening
Credit check, criminal background, eviction history, income verification (2.5–3x monthly rent), and rental history — all fair housing compliant.
5
Owner Notification & Approval
We present qualified applicants with our recommendation. Final approval is yours — Strata advises, you decide.
6
Lease Execution & Move-In
Nevada-compliant lease signed, deposits collected, move-in inspection completed with documentation.
Screening Standards
Consistent, documented criteria applied equally to every applicant — income of 2.5–3x monthly rent, no prior evictions, satisfactory credit, verifiable rental history — in compliance with the Fair Housing Act and Nevada law.
Section IV
Management Fees & Terms
Straightforward and transparent — no hidden fees, no surprises.
Service
Fee
Notes
Monthly Management Fee
[X]% of collected rent
Charged only on rent actually collected. No rent — no fee.
Tenant Placement Fee
[X]% of first month's rent
One-time per new tenancy. Covers all marketing, screening, lease execution, and move-in.
Lease Renewal Fee
[Fee]
Covers market analysis, renewal negotiation, and new lease documentation.
Maintenance Coordination
Included
Included in the monthly management fee.
Monthly Owner Statement
Included
Detailed income and expense statement delivered monthly.
Move-In / Move-Out Inspection
Included
Documented inspection with photographs at every tenancy change.
Eviction Coordination
[Fee] + court costs
Court filing fees and attorney fees billed at cost.
No Vacancy Fee
Strata does not charge a monthly management fee when your property is vacant. You pay for management only when rent is collected — aligning Strata's incentive with yours.
Section V
Strata vs. Self-Management
An honest comparison of professional management vs. self-managing your rental property.
Strata Property Management
✓Professional tenant screening — documented and defensible
✓Nevada-compliant lease prepared by a licensed professional
✓Consistent rent collection with documented late payment procedures
—Record-keeping for taxes requires your own system
—Your time has a value — self-management is not free
The Bottom Line
The cost of one bad tenant, one fair housing complaint, or one improperly handled eviction can exceed years of management fees. Professional management is not an expense — it is risk management.
Section VI
Your Property Profile
Please complete the profile below so we can provide an accurate management proposal for your property.
Property Address
Owner Name(s)
Owner Phone / Email
Property Type
Bedrooms / Bathrooms
Square Footage
HOA (Yes / No / Fee)
Current Status
Expected Rent
Target Start Date
Owner Goals & Notes
Section VII
The Strata PM Promise
What you can expect from Strata — and the next steps to get started.
Responsiveness: Owner calls and messages are returned promptly. Maintenance issues acknowledged and addressed without delay.
Transparency: Monthly statements showing exactly what came in, what went out, and what was disbursed. No surprises.
Compliance: Managed in compliance with NRS Chapter 118A and Chapter 645. NVRE Lic: B.1002625 · PM Permit: PM.0168016.BKR.
Protection: Thorough screening, documented inspections, compliant leases, and consistent procedures protect your property.
Communication: You are notified before any repair above the agreed threshold, before any lease renewal decision, and immediately if any tenant issue requires your attention.
1
Complete the Property Profile
Fill out Section VI above for a complete rental market analysis and management fee proposal.
2
Schedule a Property Walk-Through
We meet at the property to assess condition, confirm the rental rate, and discuss preparation steps.
3
Sign the Management Agreement
We execute the Property Management Agreement and begin the onboarding process.
4
Marketing & Placement Begin
If vacant, marketing begins immediately. If occupied, we begin the management transition.