GALAXY VENTURES LIMITED

Rent Collection
We collect on landlords' behalf all monies falling due for payment and submit computerized monthly statements together with the cheques for rents collected. At the same time we keep them informed of the necessary steps being taken to recover any rent arrears. Ordinarily we endeavor to explain to the tenants the consequences of defaulting and should a tenant fall in arrears for whatever reason we take remedial action as provided for in the lease.

Under normal circumstances, a defaulter is served with 14 days notice within which to settle the arrears failure to which distress for rent action through an auctioneer follows immediately. Rent collection is however emphasized to avoid situations where a tenants fall into arrears.

Renewal of Leases and Rent Reviews
We advise landlords on the terms and conditions for renewal of leases for tenants upon expiry of leases after taking into account the prevailing market rents. We also negotiate on their behalf reviews of rent and service charge.

Letting/Re-letting: We take immediate steps to let and re-let any space that falls vacant and ensure that vacating tenants comply with their obligations in respect of re-decoration and repairs. We also ensure that the client gets maximum returns on their investment by letting the premises to good quality tenants who will pay rent on time.