PRUDENT Property Management, Inc., primarily manages residential property.

• Single-family homes
• Condominium units
• Duplexes
• Tri-plexes
• Four-plexes
• 5-40 unit apartments

Upon review, we may manage other property types in select cases.

Once we have a signed agreement for our new clients, or once we receive a 30-Day Notice to Vacate from residents of our existing managed clients, we begin marketing your property. We advertise rental listings in the following ways:

• Our user-friendly website — complete with detailed property descriptions, high-lighted amenities, wide-angle professional photos of your property and slideshow video or video walk-thru tours.
• Nightly feeds from our property management software pushes our listings out to free-listing rental sites such as HotPads.com, Trulia, Vast, Yahoo, Google, and Tenant.com to only name a few.
• Craigslist (www.craigslist.org), an online classified listing service.
• Multiple Listing Services (CRMLS or BAREIS).
• PRUDENT rental signs placed in front of your property.
• Every property manager and leasing agent in our office has a copy of our available rentals list for quick reference.

Coordinating and managing the advertising for your property is included in the PRUDENT Property Management, Inc., leasing fee. Property sign placement, MLS, as well as newspaper ads (by request only), are sources of advertising that have additional costs for the property owner and are not included in the leasing fee.

We have a very diligent screening process for our applicants before they become PRUDENT Property Management, Inc., tenants. We encourage you to review our rental application, policies and procedures as provided to each prospective tenant that they are required to fill out. Our professionally trained staff processes all applications in our office. We obtain a credit report for each applicant, contact current and previous landlords for rental references, and verify current employment. Placing qualified residents in your property is one of our most important goals as your residential leasing and property management company.

It is important to note that according to Fair Housing Laws and Regulations, pets and smokers are not protected classes in California. All PRUDENT properties are non-smoking properties. This policy is stipulated in every lease. We work closely with each owner individually to help them understand the pros and cons of accepting pets at their property. Families are a protected class and we cannot ever discriminate based on family-structure. PRUDENT Property Management, Inc., is a fair and professional management company and we take pride in our knowledge and practices, and we abide by all Federal, State and Local Fair Housing Laws.

There are a number of variables involved in the tenant placement process. We pride ourselves on finding you the best tenant through a rigorous screening process. Other factors involved may also include: the size of your property, its location, the overall condition of the home, the asking price (relative to that of comparable properties in the surrounding neighborhood), as well as the time of year the property is on the advertising market. The average time for renting is generally shorter than the time required to sell the same property, and landlords can usually expect to have tenants within 30 to 60 days. Pricing your property competitively, as well as making sure your property is in the best condition possible, are crucial factors.

PRUDENT Property Management, Inc., primarily manages residential property.

• Single-family homes
• Condominium units
• Duplexes
• Tri-plexes
• Four-plexes
• 5-15 unit apartments

Upon review, we may manage other property types in select cases.

Once we have a signed agreement for our new clients, or once we receive a 30-Day
Notice to Vacate from residents of our existing managed clients, we begin marketing
your property. We advertise rental listings in the following ways:

• Our user-friendly website — complete with detailed property descriptions, high-
  lighted amenities, wide-angle professional photos of your property and slideshow
  video or video walk-thru tours.
• Nightly feeds from our property management software pushes our listings out to
  free-listing rental sites such as HotPads.com, Trulia, Vast, Yahoo, Google, and
  Tenant.com to only name a few.
• Craigslist (www.craigslist.org), an online classified listing service.
• Multiple Listing Services (CRMLS or BAREIS).
• PRUDENT rental signs placed in front of your property.
• Every property manager and leasing agent in our office has a copy of our available
  rentals list for quick reference.

Coordinating and managing the advertising for your property is included in the
PRUDENT Property Management, Inc., leasing fee. Property sign placement, MLS, as
well as newspaper ads (by request only), are sources of advertising that have additional
costs for the property owner and are not included in the leasing fee.

We have a very diligent screening process for our applicants before they become PRUDENT Property Management, Inc., tenants. We encourage you to review our rentalapplication, policies and procedures as provided to each prospective tenant that they
are required to fill out. Our professionally trained staff processes all applications in our office. We obtain a credit report for each applicant, contact current and previous landlords for rental references, and verify current employment. Placing qualified
residents in your property is one of our most important goals as your residential leasing and property management company.

It is important to note that according to Fair Housing Laws and Regulations, pets and smokers are not protected classes in California. All PRUDENT properties are non-smoking properties. This policy is stipulated in every lease. We work closely with each
owner individually to help them understand the pros and cons of accepting pets at their property. Families are a protected class and we cannot ever discriminate based on family-structure. PRUDENT Property Management, Inc., is a fair and professional management company and we take pride in our knowledge and practices, and we abide by all Federal, State and Local Fair Housing Laws.

There are a number of variables involved in the tenant placement process. We pride ourselves on finding you the best tenant through a rigorous screening process. Other factors involved may also include: the size of your property, its location, the overall
condition of the home, the asking price (relative to that of comparable properties in the surrounding neighborhood), as well as the time of year the property is on the advertising market. The average time for renting is generally shorter than the time required to sell the same property, and landlords can usually expect to have tenants within 30 to 60 days. Pricing your property competitively, as well as making sure your property is in the best condition possible, are crucial factors.

When an applicant is approved, PRUDENT Property Management, Inc., collects all move-in monies on the owners’ behalf. Our policy requires the payment of one month’s prorated rent, as well as the collection of the security deposit equal to one and one half times the monthly rent. If pets are accepted at the property, a larger deposit (equal to two times the monthly rent) would be required at the time of the move-in in place of the standard deposit amount without a pet.

Rent from all residents is due on the 1st day of each month. If rent is not received by the 5th of the month, the tenant is contacted immediately and follow-up letter correspondence issued the same day. If rent is not received at the notification, we serve the tenant with a 3-Day Notice to Pay Rent or Quit. The final step is to begin the eviction process through the proper legal channels.

When the tenant breaks their lease, their lease stipulates they are responsible for all expenses incurred to re-lease the property. Expenses include: the rent amount for the remainder of time until the expiration of the lease, real estate commissions paid to
PRUDENT for a new lease, any additional advertising costs or costs directly relating to the re-leasing of the property.

Tenants are responsible for all utility charges, unless otherwise agreed upon in advance between PRUDENT Property Management, Inc., and the property owner. If an owner is willing to pay any portion of utility charges, that will be disclosed to the tenant in advance of the lease signing. As stated in their Rental Lease Agreement, tenants are responsible for changing all billing information to their name and mailing address effective with their scheduled move-in date.

Tenants can call the PRUDENT Property Management, Inc., office Monday-Friday from 9AM-5PM to reach our staff live. Outside of normal office hours, we do have a 24/7 Emergency Call Center that is answered by a live person. When an emergency call is received, we determine the severity of the problem and dispatch the needed service provider. An emergency is typically defined as a fire, flood, or any dangerous or hazardous situation to the resident. Tenants can also submit work orders via their online portal at any time (night or day) for all other non-emergency maintenance requests.