Rent collection and Payment Distribution

Rent is due on the 1st of every month. Note that under Maryland law, there is a mandatory five day grace period before any penalties can be applied. Typically rent is
collected from the tenant between the 1st and 5th of every month.

You will be paid between the 12th and the 15th of every month through a direct deposit system.

Property owner - Peace of Mind
  • Rent is due on the 1st of every month
  • Penalties and late rent filing procedures commended on the 6th of the month
  • Late rent filing fees cover by APS 
  • Guaranteed rent options 

The amount paid to you is calculated using the following formula: Monthly Rent (minus) APS Management Fee (minus) Expenses Incurred = Your Payout

If rent has not been paid by the 5th, a 5% late fee is applied. Late fees are retained by Annapolis Property Services to cover the costs associated with filing failure to pay rent with the courts. If you are not enrolled in our Guaranteed Rent plan, if rent is late and not received in time to have funds transferred into your account by the 15th, APS will notify you ahead of time.

If you are interested in our services please contact us and be sure to include a brief description and address of your property.

HOMES CURRENTLY UNDER MANAGEMENT
Annapolis Property Services
914 Forest Drive, Suite 101 Annapolis MD 21403
(410) 695-6151 Start Price $1500
Annapolis Property Services
914 Forest Drive, Suite 101 Annapolis MD 21403
(410) 695-6151 sales@annapolispropertyservices.com

Annapolis Property Services LLC. | 914 Forest Drive,Suite 101, Annapolis MD 21403
Ph: (410) 695-6151 Email: sales@annapolispropertyservices.com

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