Hello From Sage Living!
Thank you for tuning into our April newsletter. These newsletters are created uniquely for our Clients, with the aim to keep you updated on our latest announcements and updates.
Please continue reading below to stay informed and up to date on our seasonal programming and scheduled improvements.
1. FAQ: Last Month's Rent Deposit
2. Air Filter Replacements
FAQ: Last Month’s Rent Deposit
Recently we have been receiving a large volume of questions surrounding Last Month’s Rental Deposits from our Clients.
We would like to offer a reminder that all Last Month's Rent Deposits are applied at the beginning of the lease term, though, this amount is to be retained by Sage Living Management Inc. for the annual management fee, as per the Standard Payment and Billing Schedule.
Air Filter Replacements
Air filter replacements are completed three times per year in order to maintain the HVAC system and quality of air circulation. Our resident services coordinator is in the process of scheduling air filter replacements for all Sage Living suites. This project is anticipated to be completed within the month of April.
Clients should expect to see a deduction from their rental income for the month of May to cover this expense. Details of this deduction will be reflected in the monthly statements send from cdr@yardi.com.
If you have any questions about this, please contact our team using the link below.