Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
Legacy Properties does not deny applicants based on the use of Housing Vouchers. We consider vouchers a valid source of income and welcome all qualified applicants.
Applicants using a Housing Voucher must still meet our standard income requirements—specifically, a minimum of three times the monthly rent in total monthly income, including the voucher amount. All applicants are screened equally based on our rental criteria.
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Are you licensed?
At Legacy Properties, all of our property managers are licensed and operate in full compliance with state regulations—ensuring your investment is handled with professionalism and care. -
Can I reach you after hours?
We’re here to help. You can reach us anytime via email, call, or text our office at 727.858.6000 for a quick response. Voicemails and messages will be returned by the next business day. -
Can you put the money directly into my account?
Yes, we offer direct deposit for no extra charge. -
Do I get to see the lease or sign it?
All owners are provided a blank copy of the lease agreement to review. For management clients, leases are executed by Legacy Properties and made available through the Owner Portal. A copy can also be emailed upon request. For tenant placement clients, the lease is executed by the owner. -
Do you sell real estate too?
We strictly focus on the properties we manage and do not handle sales directly. However, we have a trusted network of local Realtors we’re happy to recommend to assist you with buying or selling a home. -
How is rent collection handled?
Residents are encouraged to pay rent through the online tenant portal via ACH for the most efficient and timely processing. However, we also accept other forms of payment, including check or money order by mail, direct deposit to our checking account, drop-off in our office drop box, or hand delivery to our Property Manager or Office Manager.
Rent is due on the 1st of each month and considered late after the 5th. Late fees are assessed as necessary.
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How long of a lease do you sign?
Leases in general will be a 12-month lease term. We do offer 7+ month lease terms upon owner request. -
How much security deposit do you charge the tenant?
Security deposits are equal to a full month’s rent. -
How soon can you start managing my property?
We are prepared to evaluate and begin managing your property immediately upon agreement and execution of the Property Management Agreement. -
What type of properties do you manage?
We manage a variety of residential property types, including single-family homes, condominiums, townhomes, villas, apartments, and multiplexes. -
What type of reports do I get and how often?
You have full access to our Rentvine owner portal for your convenience. Customized reports can be provided upon request. -
Who holds the tenant security deposit?
Security deposits are held in a non-interest bearing Florida bank account by Legacy Properties, LLC.