Owner FAQs
Answers to your frequently asked questions
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Am I required to make my property available to Section 8?
Property owners are not required to accept Section 8 residents unless local or state laws mandate it. In Virginia, that requirement starts at 4 or more rental units. -
Are you licensed?
Yes. Heritage Home Property Management is a fully licensed property management company, ensuring all operations comply with state laws and industry standards. -
Can I reach you after hours?
Yes. We provide an emergency contact for urgent maintenance or property-related issues outside of normal business hours. General inquiries are handled during standard office hours. -
Can you deposit the money directly into my account?
Absolutely. We offer direct deposit (ACH) for all owner disbursements, ensuring your rental income is transferred securely and on time. -
Do I get to see the lease or sign it?
Yes. Owners may review the lease agreement before it is signed. As your property management company, we handle the lease signing process on your behalf unless you prefer otherwise. -
Do you sell real estate too?
While our primary focus is property management, our team has over a decade of experience in the Real Estate sales industry. As a full service firm, we are here to help you manage and grow your portfolio in any way you need. -
How and when do I get my payments?
Owner payments are issued after rent is collected and expenses are processed, typically via direct deposit or check on a regular monthly schedule. -
How is rent collection handled?
We provide multiple rent payment options, including a convenient online resident portal for 24/7 payments. Late payments are managed according to lease terms and applicable laws. -
How long are the lease terms?
Lease terms are generally 12 months, but we offer flexibility depending on market conditions and owner preferences. Custom lease lengths may be available upon request. -
How much is the resident security deposit?
Security deposit amounts are set according to local regulations and market standards, typically equal to one month’s rent. Factors such as resident qualifications or pet ownership may affect the final amount. If you have a specific concern, we encourage you to bring it to our attention. -
How soon can you start managing my property?
We can begin management as soon as the management agreement is signed.. Our team will guide you through the setup process step-by-step. -
What type of properties do you manage?
Heritage Home Property Management handles a variety of property types, including single-family homes, multi-family units, and condominiums. -
What type of reports do I get and how often?
Owners receive detailed monthly financial statements that include rent collection, maintenance updates, and expense tracking. Additional custom reports can be provided upon request. -
Who holds the resident security deposit?
Resident security deposits are held in a dedicated trust account, in full compliance with local and state regulations. The funds remain secure until they are properly disbursed at move-out.

