Terms and Conditions
Please read the Terms and Conditions (“Terms”) carefully before continuing with your use of this website and proceeding with our services.
Terms and Conditions (“Terms”)
The Lease Collection strives to provide quality property management and tenant placement services to all property owners. While providing equal quality in service to prospect tenants, we understand that not all happiness is created equal. Nevertheless, we encourage all users to please read these Terms and Conditions (“Terms”, “Terms and Conditions”) carefully before using the LeaseCollection.com website (the “Service”) operated by The Lease Collection (“us”, “we”, or “our”).
These Terms apply to all prospect tenants, owners, third party users and others who use our Service or website.
Acceptance & Agreement
By using The Lease Collection Services you agree to be bound by these Terms. If you disagree with any part of the terms then you may choose to use alternative competitors in the market to provide your tenant placement needs and service.
The Lease Collection is a sole agent for landlords and property owners who hire us for our tenant placement and property management services. Upon reviewing an application submitted by prospect tenants, we submit a detailed report to property owners whom ultimately makes the final rental decision which is typically based on (but not limited to) income, credit score, rental history, payment history criminal background etc.
We are obligated to work in the best interest of our owners by provide quality property management and tenant placement services and prospects. Nevertheless, our agents aren’t employees or contractors by any kind for prospect tenants or third party moving assistant companies unless otherwise agreed to in a separate contract established by The Lease Collection senior management. We are not obligated to provide or continue providing services to prospect tenant who are not approved by owner or if we consider “by any reason” that the prospect tenant would not serve in the best interest to our property owners and The Lease Collection brand and reputation for providing quality tenant placement services.
Equal Housing Opportunity
All real estate advertised herein is subject to the federal Fair Housing Act, which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make such preference, limitation or discrimination.”
Refunds & Additional Fees
All tenants are responsible for providing security deposits (equal to one months rent) and first month rent (or TP Fee) upfront before move in. As agents for our property owners, we collect all deposits and fees on behalf of our homeowners. Security deposits are held in escrow by Lease Collection (if managed) or by owner (if self-managed) during the lease term.
All tenant will recieve the mandatory security deposit returned based on leaving the property in the condition in which received. Any addition cost for damages will be deducted from security deposit and tenant will receive a repair invoice for services, if applicable.
If prospect tenant decides to cancel lease after all documents are complete and signed (electronically or manually) and before move in, prospect tenant will receive a 100% refund of the security deposit and 70% of the Tenant Placement Fee equal to one (1) months rent. A 30% inconvenience/holding fee will be applied and deducted from the total refund amount and is non refundable.
A 100% refund of Tenant Placement Fee and any additional upfront cost must be agreed upon by senior management and is determined on case by case scenario.
Any bank transaction fees are solely the responsibility of the prospect tenant or beneficiary and will be deducted from the total refund amount.
Application and any additional fees associated with moving cost are non refundable. Property owners reserve the right to request any additional fees charged by The Lease Collection to be provided by tenant or third party moving assistance, if applicable.
Any additional upfront fees negotiated by us and tenant or third party specifically for property repairs to be made in efforts to compensate for a prospect tenant will be received and held by The Lease Collection until repairs are completed and verified by our team. This process usually takes up to 7 to 14 days. After verifying those repairs in-person, we will then credit homeowners for repair cost and any allowance received as upfront cost by prospect tenant will be non refundable.
For the convenience of landlords and tenants, The Lease Collection uses electronic signing software such as Dot-Loop or Docu-sign for all mandatory documents required to place prospect tenants or provide any services related. A lease, in addition to any other documents required are considered fully ratified and executed upon both owner and tenant agreeing and signing electronically or manually. Tenant or third parties are no required to provide any deposits or fees to The Lease Collection until all parties agree and sign all mandatory documents provided by The Lease Collection before move in.
Tenant Application Validation
Tenant applications are valid for thirty (30) days. If tenant is not selected for requested property within the thirty (30) days timeframe, The Lease Collection will continue to assist prospect tenant in finding a rental property of choice. After the thirty (30) day application validation period, prospect tenant will have to resubmit an application. Application fees are also non refundable.
We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.
All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.
These Terms shall be governed and construed in accordance with the laws of Maryland, United States, without regard to its conflict of law provisions.
Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will try to provide at least 15 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.By continuing to use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using our Service.
If you have any questions about these Terms, please contact us by written notice at [email protected] or by via mail at PO Box 384 Oxon Hill, Maryland 20750.
This Agreement shall be treated as though it were executed and performed in the State of Maryland, and shall be governed by and construed in accordance with the laws of the State of Maryland, without regard to conflict of laws principles.
Any cause of action by you with respect to the LeaseCollection.com (and/or any information, products or services related thereto) must be instituted within one hundred eighty (60) days after the cause of action arose or be forever waived and barred.
Terms and Conditions of LeaseCollection.com
Last updated: December 12, 2017