resident faq's

We’ve captured some of our favorite questions and put it together here. If you have other questions you would like answered to, feel free to ask one of our staff members.

No, our policy does not allow us to hold properties. If you are interested in renting a property, you must submit an application in order to be processed.

Potomac Management Group has very firm and simple rent collection policy. Rent is due the 1 st of every month. If rent has not been received from a resident by the 1 st of the month, the rent is considered late and is subject to late fee.

No, the tenant is responsible for paying the rent until the property is vacated. The security deposit is separate and cannot be applied to any month’s rent.

Before considering a pet, be sure to check with us. We will find out if the owner will allow a pet and if you live in a condo, we need to check on the pet restrictions for that particular building. If it is approved by everyone, you will need to submit information on the pet and a non-refundable pet fee.

Our management team will contact you 90 days prior to the lease end to remind you that you have to give us your notice to vacate by 60 days before the lease ends. You can simply email us with your intent and we will move forward with getting the property rented again.

The landlord/Property Management Company must give whatever notice is required in the lease,typically 60 days’ notice.

Yes! If the owner approves an early termination, a termination fee of at least two months’ rent will be charged.

If you can find someone to take your place, that person will have to go through the application process and qualify just like you did.  If they are approved, a new lease will be written with the new resident.  If you cannot find anyone, you are still obligated to pay under the lease terms.