Real Estate in Charlotte, NC
Real Estate • Real Estate Agencies • Real Estate Services
2221 Park Road, Suite 101,
Charlotte ,
NC
28203
UNITED STATES
Do not trust your property to just anyone. Our property managers offer services from home security checks to keeping an eye on any pest problems and water leaks that may occur on your home while you are away. If you are leaving your home for any length of time, trust them to care for both indoor and outdoor plants and to provide housekeeping services.
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HILTZ MANAGEMENT CO. INC. (Charlotte) - By Consent, the Commission suspended the firm license of Hiltz Management Co. for a period of two years effective April 1, 2014. The Commission then stayed the suspension for a probationary period of three years. The Commission found that the broker-in-charge of Hiltz Management Co., a property management firm, managed a homeowners’ association and was authorized by the association to initiate foreclosure proceedings against an owner for non-payment of dues; that the firm’s broker-in-charge discovered recording issues which could prevent the mortgage deed of trust from attaching to the subject property and that the firm’s broker-in-charge failed to disclose this fact to his client, leading the association to approve the firm’s broker-in-charge’s request to bid on the property on his own behalf; and that the firm’s broker-in-charge directed the foreclosure attorney to issue revenue stamps indicating that the property had been purchased at full market value of $50,000 when it had actually been purchased for $10,000. The Commission also found that the firm’s broker-in-charge reimbursed the association’s foreclosure attorney fees in 2010 following the sale but did not pay the $8,663 dues owed by the foreclosed owner until January 2012.
FREDERICK P. HILTZ (Charlotte) – By Consent, the Commission suspended the broker license of Mr. Hiltz for a period of two years effective April 1, 2014. The Commission then stayed the suspension for a probationary period of three years. The Commission found that Mr. Hiltz, acting as broker-in-charge of a property management firm, managed a homeowners’ association and was authorized by the association to initiate foreclosure proceedings against an owner for non-payment of dues; that Mr. Hiltz discovered recording issues which could prevent the mortgage deed of trust from attaching to the subject property and that Mr. Hiltz failed to disclose this fact to his client, leading the association to approve Mr. Hiltz’s request to bid on the property on his own behalf; and that Mr. Hiltz directed the foreclosure attorney to issue revenue stamps indicating that the property had been purchased at full market value of $50,000 when it had actually been purchased for $10,000. The Commission also found that Mr. Hiltz reimbursed the association’s foreclosure attorney fees in 2010 following the sale but did not pay the $8,663 dues owed by the foreclosed owner until January 2012.
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