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Owners

Welcome to Hammond & Hammond, Inc.’s owner page!  Thank you for choosing Hammond & Hammond, Inc. to manage your investment property.   We appreciate the trust and confidence you have placed in us.

As an owner with Hammond & Hammond, Inc. you will have access to a secure online portal where you will have the ability to access current and historical owner statements and download these reports on demand in PDF format. This gives you anytime, anywhere access to the same owner packets you receive on a monthly basis.  You can access the Owner Portal at any time by following these steps:

  1. Click on the button to the right labeled “Owner Login”  (we suggest saving this web page as a favorite)
  2. Enter your e-mail address and click "Send Access E-mail"
  3. Go to your e-mail program and click the link in the e-mail you receive from us.
  4. When you click the link, you’ll be signed into your secure Owners Portal and have access to your statements.

We will send an owner statement showing detailed transactions in your account on the 10th of every month, or next business day if the 10th falls on a weekend or holiday.  The period covered will be from the last statement sent through the date of the new statement.  An e-mail will be sent to all e-mail addresses we have set up in your profile with a direct link to the statement.  If we do not have an e-mail address for you, we will send the statement by mail.

FTB Withholding Law

Effective January 1, 2010, Property Managers are required to withhold and remit backup withholding to the Franchise Tax Board (FTB).  California Revenue and Taxation Code (R&TC) 18862-18868 states that withholding is required on rental income from property located in California, if the owner is a non-resident.  The amount to withhold is 7% of the rent received less the management fee.  Hammond & Hammond, Inc. is required to submit quarterly payments to the FTB.  More information can be found at www.ftb.ca.gov, Publication 1017, Resident and Nonresident Withholding Guidelines, or by calling the Withholding Services and Compliance department at (888) 792-4900

There are certain instances in which you may be eligible for a witholding waiver or reduced withholding. Please contact Joanna Hammond at Joanna@hammondmanagement.com for more information.

Carbon Monoxide Law

New Construction

Effective January 1, 2011

Impacted Dwellings: RESIDENTIAL (CA Residential Code, 2010) All newly constructed detached one & two family dwellings & townhouses not more than 3 stories in height that contain fuel burning appliances or an attached garage.  Also, when such an existing dwelling requires a permit for alterations, repairs or additions exceeding $1,000.  COMMERCIAL (CA Building Code, 2010)(I-1) Group homes,assisted living facilities housing more than 16 persons in a supervised environment who are capable of responding to an emergency.(R-1) Hotels, boarding houses, etc.(R-2) Apartments, dorms, etc. (R-3) Adult & child day care facilities, etc.

Approved Alarms: Must be hardwired with battery backup & interconnected.  Existing dwellings with alterations may be solely battery operated IF alterations do not result in the removal of drywall or ceilings finishes or there is no access by means of attic, basement, or crawlspace. Must comply with UL 2034 & be approved & listed by the CA State Fire Marshal.

Installation: CO alarms must be installed outside of each separate sleeping area in the immediate vicinity & on every level of the dwelling (including basements).  (R-1 facilities only—alarm must be installed on the ceiling of sleeping units with permanently installed fuel-burning appliances.)

Existing Homes

Effective July 1, 2011 Existing Single -Family Dwellings / January 1, 2013 Existing Multi -Family Dwelling

Impacted Dwellings: Any single-family dwelling, duplex, lodging house, private dormitory, hotel, motel, condo, time-share or multiple unit dwelling that contains a fossil-fuel burning heater, appliance, fireplace or attached garage

Approved Alarms: May be battery operated, plugin with battery backup, or hardwired with battery backup.  Must comply with UL 2034 & be approved & listed by the CA State Fire Marshal.

Installation: CO alarms must be installed outside of each separate sleeping area in the immediate vicinity & on every level of the dwelling.