Apartment manager. Trust management of an apartment from the company "akrus-city"

What do you think, are there many empty apartments in Moscow, in which the owners do not live and it is not rented out? One, three, five - in each entrance of an apartment building. A lot! Yes! Why don't property owners rent it out? - it's so profitable! What are they afraid of and what stops them from receiving monthly profits, because money is not superfluous.
Most Moscow "rentiers" are aware that renting out an apartment is profitable, but troublesome and requires monthly monitoring of the situation. Searching for tenants, visiting your apartment once a month, settling domestic problems, conflict situations with neighbors - this is just the tip of the iceberg. And if, to all these difficulties, we add business trips or permanent residence of the owner in another region or abroad, the difficulty of achieving the goal increases. Not to mention the difficulties that can become an exorbitant burden for retired owners.

Is there a way out of this situation? How not to lose monthly income from renting an apartment? Yes! There is! Transfer of the apartment to Trust management real estate agency. A service for those who want to receive a guaranteed monthly income.

Trustee Functions

The main function of the trustee is to choose the most promising management option, with the maximum financial benefit in the interests of the trustee. Depending on your preferences and characteristics of the property, the Russian House real estate agency offers you two service packages:

1. Package Light

• Tenant Search
• Conclusion of a lease agreement
• Checking the monthly payment under the lease agreement
• Assessment of the condition of the apartment - monthly visit to the apartment
• Control of payment of utility bills
• Reconciliation and timely submission of meter readings to the management company

Package terms Lightweight:

1) A fixed amount of payments to the Trustee in the amount of 10% of the monthly rental rate, but not less than 3,000 rubles

2) The principal has the opportunity to use the service one-time or conclude a contract for services for any period

2. Package Complete

• Tenant Search
• Conclusion of a lease agreement
• Monthly transfer of a fixed amount under a trust management agreement within a specified period
• Checking the condition of the apartment and property - monthly visit to the apartment
• Current repairs at the expense of the trustee
• Payment of utility bills as agreed with the Principal
• Interaction with the management company
• Income tax payment

Package terms Full:

1) Fixed amount of the Principal's monthly income

2) The trust management agreement is concluded for at least 11 months

3) The absence of the tenant does not affect the monthly payments to the Principal

How are we going to work

Regardless of the package of services you choose, the algorithm of our joint activities with you will be the following after initial negotiations:

1. Departure of an expert to inspect the property - assessment of the condition of the object
2. Coordination of a package of services - term, conditions, responsibility, remuneration
3. Signing an apartment trust management agreement
4. Transfer by the Principal of a notarized power of attorney
5. Signing by the Parties of the act of acceptance and transfer of real estate

What will you get as a result

• Guaranteed monthly income
• Peace of mind for the safety of property
• Confidence that the apartment will be used for its intended purpose
• Damage liability insurance
• Monthly report

Transferring an apartment to trust management is the best choice for owners who skillfully and prudently know how to manage property without damage and risks.
Russian House real estate agency has been competently and skillfully managing residential premises in the interests of the owner for 10 years.
Compliance with the apartment trust management agreement is an integral part of our work. The responsibility and reliability of the company has been tested by time and by the company's customers.

Many people and sometimes real estate agencies confuse and the Service of Trust management of real estate (apartment). What is the difference?

First of all, in the first case, this is just an agreement under which an object, usually a production or enterprise, or some kind of building, is transferred to the Trustee for management. Moreover, this contract with strict conditions, unfavorable for the owner of the apartment! That is why the Trust Management Agreement is not concluded when transferring residential real estate for management.

In the second case, this is a range of services provided to the owner who rents out his apartment and wants to shift onto the shoulders of the management company all the worries of finding a tenant and relationships with him during the rental period of the apartment, as well as work to keep the apartment in good condition.

What is important - the range of services described above in different agencies can be provided under various contracts and be called differently. Recently, a lot of agencies have appeared, declaring on their websites that they provide services for Trust management of an apartment. And it’s worth digging deeper - there is nothing on this site, except for a small note about the Trust Management, written as if it were a carbon copy!

To to choose an agency that actually provides Trust Management services, you must carefully study the contract, the list of services provided by the agency, obligations and guarantees for the safety of your apartment and property!

Trust management is a way to get the maximum income from renting an apartment.

In fact, trust management of residential real estate is carried out with one single purpose - the Owner receiving the maximum income from renting an apartment with minimal time costs.
In practice, this is a rather difficult task to solve. That is why the service of trust management of apartments is becoming increasingly popular. Imagine that the maintenance and service of any residential property requires monthly attention to the technical condition of the apartment and property. In addition, you have to deal with a lot of issues: security and insurance, building relationships with employers, representatives of utilities and management companies.

Agree that it is rather difficult for a modern person who lives in Moscow and always experiences a shortage of free time, but nevertheless wants to make a profit from renting out his apartment, to solve the above set of tasks productively. It is especially difficult to solve it if a person is on a long absence from the city of his residence.

It is for those homeowners who would like to earn income from renting out their residential real estate, but for some reason cannot find tenants, monitor the execution of the clauses of the rental agreement, our agency provides a property trust management service ( this includes apartments, cottages and office space)

By providing this service, we will represent YOUR interests. Throughout the term of the commission agreement, we will monitor compliance with the clauses of the apartment rental agreement, as well as control cash flows and the state of the property transferred to management.

September in the rental market is considered one of the most profitable months. The business season resumes, and at the same time the demand for rental housing is growing. The real estate market is seething and promises new opportunities for the owners of square meters.

The most common way to make money on real estate is to rent it out. It would seem that there is nothing new here. But there are companies that are ready to do it for the owner. And not only to rent, but also regularly pay for utilities, check the safety of property, and engage in routine repairs. The owner simply transfers the apartment to trust management and receives money for it.

The two main fears of the owner: the apartment will be hopelessly spoiled or simply not rented out. Both of them are removed by a well-drafted contract. Firstly, a good trustee insures the apartment, often at his own expense. Secondly, the contract states that if the period of idle time of the apartment exceeds two weeks, the manager begins to pay the owner out of his own pocket. Companies involved in trust management assure that the amount of rent and candidates for tenants are agreed with the owner each time an apartment is rented out.

In Moscow, an owner can earn from 19 to 130 thousand rubles a month for a one-room apartment, depending on the condition of the housing and the area. For a two-room apartment - from 28 to 184 thousand rubles. The most affordable offer for a three-room apartment is 50 thousand rubles. A good apartment can be rented for 80 thousand rubles. Well, with expensive furniture, repairs and in a prestigious area, they will rent for 300 thousand rubles. In other regions, the income is not so great. For example, in Krasnodar, the owner will receive from 18 to 45 thousand per month for a one-room apartment, in Sochi - from 18 to 40 thousand. In non-resort cities that are not millionaires, the yield from renting out is low. In Irkutsk, you can earn from 10 to 20 thousand rubles for a one-room apartment.

The income of the manager is a percentage of the rental rate of the apartment. According to the INCOM-Nedvizhimost apartment rental department, the cost of its services can vary from 5 to 30% of the transaction amount. The most expensive thing for the owner of the apartment is the transfer to trust management of housing without repair, subject to its implementation. Payment plans may vary. "Our owner pays one monthly fee per year. That is, the first rent that the tenant transfers goes to the agency. This turns out to be 8.3% per month. If the client trusts us to pay utility bills, they are also deducted from the rent, but We do not take money for the service of payment of utility bills," says Svetlana Kos, CEO"AKRUS-city".

Trust management is beneficial for those people who have real estate in one region, but live in another or even in another country. Moreover, the transfer of the apartment to management can provide "elevating" for moving. So, many firms are ready to pay the owner immediately the rent for several months.

However, so far trust management in our country is developing poorly. There are many reasons for this. Owners want to get the maximum income from real estate. They are afraid to transfer the apartment into the wrong hands. The guarantees offered by the trustees do not seem convincing enough to them. Most owners do not pay taxes on rental income - by renting an apartment to tenants on their own, they hide this fact.

The income of the manager is a percentage of the rental rate of the apartment. The cost of his services can vary from 5 to 30 percent of the transaction amount.

There is another drawback. Apartments located in different areas are difficult to manage. It is much easier to do this if the rental fund is located in the same building. Some developers are now trying to implement this idea with apartments. The developer offers not just to invest in such real estate and transfer it to management, but develops profitability programs for investors. For example, regardless of the load, the owner receives an annual income of 5% of the cost of the apartment. Or instead of rent payments for two years, the owner becomes the owner of the repair, which is created by the designer. To attract tenants, such complexes provide a service at the level of a hotel. "Income from the transfer of apartments for management is guaranteed 8-9% of their value. Or 10% if the owner is renting out on his own. At the same time, many apartment owners in Moscow receive a lower yield - 4-7% per year of the cost of the apartment. This is because apartments are 15-35% cheaper than apartments, and the cost of rent does not differ,” says Alexander Samodurov, head of NAI Becar Apartments.

If in Russia residential complexes with a management company that can rent out the owner's meters are just appearing, then they have existed abroad for a long time. Investors who expect not only to own, but also to earn on their real estate, choose them. This allows them to receive maximum service during their stay in their foreign apartment or villa, and at the same time not worry about the maintenance of the property during their absence. "Now it is popular to purchase apartments managed by a hotel operator. The advantage of this format is that the owner is not concerned about maintaining his property in a condition that is always suitable for occupancy. This is done by the management company, it will also rent the property. If the owner of his villa or does not come to the apartment, it is transferred to the rental pool. But at the same time, the apartment is in the full private ownership of the owner," says Elena Yurgeneva, Director of the Department of Elite Residential Real Estate at Knight Frank Russia & CIS. The yield from such a transfer of an object to a rental pool is low - from 4% per annum. But most owners do not pursue high profitability of such objects, but consider them as a way to save accumulated funds. In addition, for elite expensive objects, this management option is already good because it removes the burden of utility costs from the owner.

However, now such complexes with the possibility of renting out apartments or apartments during periods of downtime abound in the economy and comfort class segment. There are many of them in Bulgaria and Montenegro. In Bulgaria, the cost of apartments starts from 21,000 euros, and management companies promise a yield of 10% of the cost of housing per year. But this is if the property is located in a place where there is a demand for it all year round. For example, in such cities as Varna, Sofia, Burgas. In Thailand, condominiums are common - complexes of apartments or townhouses with hotel-type service. The cost of such real estate starts from 1.5 million rubles. If the object is located in close proximity to the beach - from 4 million rubles. Managers also promise a yield of 10% per annum. Moreover, in Thailand there is no clear seasonality, as in Europe. During the rainy season, tourists continue to relax and swim, respectively, and rent accommodation.

Over the past few years, investors have been arguing about the profitability of investing in real estate. But this is all in theory. In practice, the real estate market in Russia is always active. The economy is growing - it's time to buy an apartment, the economy is in decline - all the more time. Here and now. “Some depositors, frightened by the liquidation of banks by the Central Bank, decided to transfer their funds from virtual savings to real ones - to real estate. Liquid one-room apartments rose in price most of all - investors began to buy them to protect their ruble savings from currency fluctuations,” explains Mikhail Popov , founder of personal finance management system EasyFinance.ru. Having protected finances, I want to increase them, which means that quite a lot of rental housing will soon appear on the market.

Owners need managers, but they are afraid of various tricks. Why is it written in law one thing, but in practice - quite another.

Rental housing is a very popular operation in the real estate market of the capital. Many owners have been renting out their vacant apartments for years, while they themselves live somewhere abroad or in other cities. In this case, they may need the help of professionals. Currently, there are companies in Moscow that provide trust management services.

Real estate market experts tell MetrInfo.Ru real estate magazine about the nuances of this service, prices and what pitfalls customers who have concluded contracts for managing their homes may face.

Renting out a home is a lucrative business. “Even the most run-down apartment in Moscow will bring good profit in a few months,” says Inna Ignatkina, director of the department of MITS - Real Estate on Presnya, “what can we say if the apartment is in good condition.”

But not all landlords live in Moscow, there are apartments in the rental fund, the owners of which are residents of other cities - they specially purchased housing for investment purposes. Sometimes these are apartments bought for growing children, other landlords even live abroad. In many cases, homeowners ask their relatives or friends to monitor tenants and receive money.

It would seem that there is nothing complicated in such a case: occasionally check the condition of the apartment, take the money and send it to the owner. However, according to Inna Ignatkina, often even the closest people cannot pay due attention to the work they have undertaken, in addition, when they meet with unforeseen difficulties, some of them get lost. Therefore, many participants in the rental market are puzzled by the question - who to entrust the management of their property.

Real estate management service is very popular in the west. Russians who own apartments in foreign resorts are familiar with the proposals from local management companies - to find tenants, monitor the safety of property and payments.

In Moscow, this service is not yet so popular. According to Sergey Krekov, General Director of Clever Estate, the market is small, and trust management has not yet grown into a big, serious trend.

However, according to Natalia Skalandis, managing director of PM NAI Becar, every year the demand for the trust management service is still growing. “In 2013, the demand for the trust management service grew by 13%,” the expert specified. According to Tatyana Bolboshenko, head of the ARIN rental department, in 2013 interest in this service grew not only among owners who are abroad, but also among those who live in St. Petersburg and other cities of Russia.

In addition, there is demand not only from the owners of elite apartments, but also from the owners of economy class housing. “The advantages of this service are obvious: first of all, the landlord can receive a stable income, being in another country and not being able to regularly monitor their housing,” says Timur Abdullin, Development Director of Uphill Consulting Group.

Service set

As part of the concluded trust management agreement, says Sergey Vlasenko, president of the Corporation of Realtors "Megapolis - Service", the agency is ready to assist in mutual settlements. The realtor can receive money from the tenant and transfer it monthly to the owner of the apartment; also, at the request of the owner, the funds are accumulated in the bank account.

Vadim Lamin, Managing Partner of the real estate agency SPENCER ESTATE, added that, as a rule, the agency undertakes to find a tenant when the former moves out of the apartment and even under the contract can pay for a simple apartment. But in any case, the management company guarantees the owner a monthly payment of a certain amount.

Often, apartments in new houses are offered for rent with the condition of renovation. In such cases, the owner can instruct the agency to either make repairs on their own, or control how the tenant will deal with them, - explains Galina Kiseleva, head of the apartment rental department at INCOM - Real Estate. - At the same time, all the points reflecting the guaranteed performance of work are prescribed in detail in the housing rental agreement.

At the same time, the experts interviewed by us believe that the set of services that agencies offer to the owner cannot be called “trust management” in the full sense of the word. As a rule, the agency cannot dispose of the apartment at its own discretion - the main word remains with the owner. And the term "trust management" itself implies a different approach.

Trust management by law

By law, the procedure for concluding and operating an agreement on trust management of real estate is regulated by the Civil Code, where all its nuances are spelled out. According to Inna Ignatkina (MIC - Real Estate on Presnya), according to Chapter 53 of the Civil Code of the Russian Federation, trust management is the transfer by one person (the founder of the management) to another person (the trustee) of the right to dispose of the property. In this case, the ownership, of course, remains with the previous owner. Natalya Sergeeva, head of the legal department at NDV-Nedvizhimost, added that the transfer of property into trust management is subject to state registration, and property is considered transferred from the moment the corresponding entry is made in the USRR. Otherwise, the relationship of the parties cannot be qualified as trust management of property.

A trustee (DU) enters into transactions on his own behalf and disposes of the property entrusted to him in order to derive maximum profit in favor of the founder (owner). In this case, the manager is practically endowed with the powers of the owner. He has the right to make major repairs, is responsible for the shortcomings of the leased property (even if he did not know about these shortcomings at the time of the conclusion of the lease agreement), eliminates malfunctions and accidents in heat, electricity, water supply systems within his area of ​​responsibility. He compensates the owner for losses if the property is damaged and for lost profits if he failed to exercise due diligence in management. The risks of accidental death and loss of property are also assigned to the management.

So the practiced service in the rental market is rather a certain list of services provided by companies to lessors, but from the position of the law does not have the legal status of trust management.

Agencies are not rich enough to manage other people's property

Perhaps, due to the serious responsibility, Russian management companies and real estate agencies are in no hurry to offer this service to individuals. “Our company, for example, is not engaged in trust management,” said Maria Zhukova, First Deputy Director of MIEL - Rent.

According to Vadim Lamin (SPENCER ESTATE), even companies offering trust management services cannot perform the entire range of tasks specified by the agreement at a sufficient level. “At least, you need to have financial reserves, a staff of qualified employees, know the legal foundations, and have relevant experience,” the expert says.

Justified fears

The insignificant volume of supply for the provision of residential property management services is also limited by demand. Many owners are not ready to accept the conditions put forward by companies. “A mere desire to conclude a trust management agreement will not be enough,” warns Timur Abdullin (Uphill). “First of all, you need to determine the real market value of the property that you are going to rent out.” People often indicate the inadequate value of the property, overestimating it or (sometimes) underestimating it.

Many owners are afraid that the agency to which they entrust their property will unfairly fulfill their obligations, - says Inna Ignatkina (MIC - Real Estate on Presnya). So, realtors, in their opinion, can settle dubious tenants in an apartment, be negligent in checking the condition of housing. And, by the way, not without reason - you can expect surprises from unscrupulous agencies or not very skilled realtors.

Problems with finding tenants may be due to the fact that the apartment was transferred to an incompetent specialist who set the wrong price, explains Sergey Krekov, CEO of Clever Estate Management Company. Therefore, it is necessary that the trustee has a clear motivation to quickly find a tenant. Simply put, the longer the apartment stays, the higher the fine should be. There should be financial responsibility in case the tenant has moved out and the apartment is idle.

Vadim Lamin (SPENCER ESTATE) draws attention to the fact that an apartment can be mercilessly exploited without the knowledge of the owner, renting it out by the day or renting out beds. As a result, the owner gets back the “killed” living space, in which he will have to invest a lot of money for restoration.

However, the agencies have their own claims to the owners of rental housing. “We spent a long time figuring out with one landlord how deep the scratches on the parquet flooring are natural wear and tear,” says Vadim Lamin, “and we managed to “beat” him only after inviting a parquet specialist as an expert.”

To avoid all this, the expert recommends that you carefully read the contract, carefully write down all the clauses on the obligations of both parties. Including - in what form the apartment was accepted, and in what form, taking into account normal wear and tear in 5 years, it should be returned to him. Specify - for what purposes the housing can be used, and how many people can live in it. Be sure to foresee - in what terms, and according to what scheme the payment is made. And it is necessary to conclude a formal agreement, which will give certain guarantees, but require the payment of tax.

Have to fork out

Real estate management services are not cheap. Sergey Krekov (UK Clever Estate) estimated its cost at 10% of the rent. Tatyana Bolboshenko, head of the rental department of the Academy of Sciences "ARIN" gave a figure of 10 - 25%, depending on the volume of services provided. According to the apartment rental department of INCOM - Real Estate, it can reach up to 30%.

The future depends on taxes

The magazine www.metrinfo.ru asked experts about the prospects for trust management services in the metropolitan rental market. Our commentators attribute the future of the service to several factors. “High demand will arise when all legal issues are settled,” says Galina Kiseleva, head of the apartment rental department at INCOM - Real Estate. “This includes the registration of a lease agreement and the simplification of taxation.”

And Sergey Krekov (UK Clever Estate) believes that taxes should also be reduced. The expert recalls that proposals have already been made this year to reduce the tax on renting apartments to 6%. If this happens, then many landlords will come out of the shadows, will not be afraid of the publicity associated with the registration of trust management agreements and, therefore, will start using this service more actively.

Often a landlord or landlord, when renting an apartment (office), does not want to burden himself with the worries associated with receiving rent, monitoring the condition of the premises, paying utilities and other chores. And if not one, but several apartments were rented out, and even the landlord himself lives in another city and even a country? Does he really come every month and make contacts with employers, with whom he sometimes fails to meet immediately, and if he succeeds, the meeting can turn out to be nervous and empty? Contacts with tenants are the most unpleasant moment for any landlord who sees in his dreams just a calm stream of money pouring from somewhere, without the need to run upstream every time to sort out traffic jams, if suddenly, God forbid, the stream becomes clogged.

Earnings on rent without direct contact with the tenant - this desire can be fully realized by renting an apartment for trust management. Trust management of rental housing - what is it and how is a real estate rental management agreement concluded?

There are a lot of realtors on the rental market, but they all provide a limited range of services:

• search for an employer;
• calling potential customers;
• organization of showing the premises, together with its owner;
• conclusion of a lease agreement.

Under an exclusive agreement, the realtor bears a little more responsibility and only in the event of a unilateral termination of the lease by the tenant: if the tenant moves out ahead of time, realtors must pick up a new client.

You should not run to the realtor after the key has already been given to the tenants, and whimper that they turned out to be such and such, and where you looked, and what to do now.

Simple realtors do not bear any responsibility for the selection of "bad" tenants and for any consequences at all, such as:

• damaged property;
• flooding of neighbors;
• late payment or refusal to pay;
• refusal to move out, etc.

It is a completely different matter if the owner enters into a contract for the lease of housing with trust management.

Transactions with rental housing under trust management abroad account for 90% of the total number of rental transactions. So far, our share of such transactions is only 10% of all annual lease contracts. The majority of landlords still do not trust trust management due to the following concerns:

• trust management of the lease is too expensive a service;
• the realtor will definitely do something wrong;
• the lack of constant control by the owner can lead to the danger of losing real estate or losing the ability to dispose of it for a long time.

But this opinion is completely erroneous, and this can be proved at least by the example of the Akrus real estate agency.

Real estate agency Akrus

The Akrus real estate agency has been dealing with real estate rental transactions since 1998. During this time, more than 2,000 apartments have been taken into trust in Moscow. Most clients, according to Akrus, come to them on the advice of acquaintances who have been working with the agency for many years - this is the result of an almost complete absence of advertising.

It is very important for the landlord to know the following:

When concluding an agreement with an agency for a trust management service, the owner does not lose the right to control the entire lease process from the very beginning, and even more so does not lose the right of the owner either now or in the future.

Trust management of an apartment rental is not at all analogous to the transfer of a car into the ownership of a new owner by a general power of attorney.

It is designed to help the property owner exercise full control over the lease through another person, with the responsibility at all stages, from the conclusion of the contract until the moment when the tenant moves out, lies with the trustee. This is a significant advantage of trust management over other types of mediation - services under a standard and exclusive agreement.

You can familiarize yourself with the full range of services of the Akrus real estate agency.

Functions of a realtor with trust management

When renting real estate under trust management, the owner may never even see the tenant in person. As soon as the contract is concluded, the agency begins an advertising campaign for the rental of the apartment and preparation necessary documents. Of course, the landlord, if desired, can take part in the selection of a potential client, in negotiations and showing housing, sometimes visit in person to make sure that everything is in order with the apartment. But usually all the owner's worries, as well as the desire to personally control the condition of the apartment, disappear after a month, when the person is convinced that things are going even better without him:

1. For those who rent an apartment, it is easier to work with an outsider - a professional realtor, than with a nervous, overly anxious owner.
2. Realtors exercise control over the tenant in culturally unobtrusive ways, but it is not easy to escape from such an “eye”. Responsibility for compliance with the terms of the contract and for the safety of the property of the apartment force the agency to work closely with neighbors, therefore, realtors immediately become aware of non-compliance with the rules and rules of residence by residents, the settlement of unauthorized persons in housing.
3. The realtor not only monitors the condition of the apartment, but also eliminates the damage caused by first making an inventory of the property, so the owner will not see a cluttered and neglected home at the end of the lease.
4. Finding justice for a negligent tenant, making him pay for the damage caused to a realtor with trust management is much easier than the owner himself, since he cooperates with both the police and the judiciary.
5. For non-compliance with the terms of the contract, the realtor evicts the unscrupulous guest.
6. If the guest moves out early, the campaign selects another tenant.
7. Utility payments stipulated in the lease as obligatory for the owner are also paid by the agency (they are deducted from the rent). Payment of utility bills due to tenants, payment for electricity, internet, international telephone calls are controlled by the agency. Controlling payments for the agency is a simple task, since it is in contact with all utilities and city services, and it does not need to check receipt stubs.
8. Cooperation with utilities also allows you to quickly eliminate damage to communications and equipment in the apartment.
9. The realtor regularly transfers the rent to the owner and, as entity, can do this by bank transfer, which is convenient for the employer (both private and for the employee of the company).
10. The insurance of the apartment and its repair is carried out at the expense of the real estate agency - this service is included in the standard package of the contract for the provision of trust management services.

Thus, the agency can take control of absolutely any apartment, even a "killed" one, put it in order, and then find a tenant.

Renting out neglected, unsuitable housing is an impossible task for the owner, but having entered into a lease agreement with trust management, he pays only the cost of the management service, and the agency pays for repairs and insurance. What are the bad conditions?

The agency usually carries out cosmetic repairs at its own expense. If the owner of the property agrees to more labor-intensive work (re-planning, re-equipment of the kitchen, bathroom), then the missing funds can be taken on credit, payments for which will be deducted from the rent.

The trust management agreement is concluded in accordance with Chapter 53 of the Civil Code of the AF “On trust management of property”.

According to the normative act of Ch. 53 of the Civil Code of the Russian Federation, the founder of the management (the owner of the real estate) transfers the real estate to the trust management for the period specified in the contract, and he undertakes to manage the property in the interests of the owner or another person specified by him. The ownership right does not pass from the founder to the trustee.

After concluding a trust management agreement with the owner of the real estate, the real estate company has the right to independently search for a tenant, arrange showings of the apartment and conclude lease agreements. In all these steps, the participation of the owner is optional.

The trust management agreement does not refer to intermediary, but refers to a service agreement. It is subject to state registration, which often holds back apartment owners: after all, under such an agreement, they will be required to pay taxes. However, more and more owners want to legalize the lease and pay taxes on income as expected.

However, sometimes agencies enter into so-called commission agreements:

• The agency (commission agent) undertakes an obligation to the owner of real estate (committent) for a fee (commission) to carry out transactions on its own behalf in the interests of the owner and at his expense.
• Such an agreement does not require mandatory registration, and the client decides whether or not to pay taxes.
• The commission agreement gives the client the right to hand over even a state or municipal apartment for trust management.

How much does a trust management service cost?

.Compared to the large number of benefits and services provided by trustees, the cost of services is ridiculous - one monthly rent per year or 8.3% of monthly rental income.