Receiver Services:
- Receiver: $275.00/hr, including travel time
- Receiver Administrator: $125.00/hr.
- Accounting: $125.00/hr.
- Expenses: Reimbursement of all out of pocket expenses
Flat monthly fees may also be negotiated depending on the size of the property and complexity of the case.
- Additional Costs: Receiver fees do not include property management, leasing disposition or legal fees, court costs or filing fees.
Post Receiver Services - Property Management:
Monthly Fee: Three percent (3.0%) to five percent (5.0%) of monthly collected gross rents.
Reimbursements: On-site personnel, related insurance and personnel costs plus related support equipment, postage, delivery services, travel, copies, etc.
Service Provided; Full accounting of all funds, monthly rent role, tenant ledgers, balance sheets, income statements, delinquency reports, supervision of on-site personnel, tenant relations, vendor relations, day to day operations.