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Updated over 4 years ago,
GatlingSTR Property Mgmt Question
Closed on 2 STR Properties two weeks ago, one self managed rental, one a second home by the seller, so no issues with those...but, just grabbed a third today which is managed by a large property management company in gatlinburg. Property management company requires 90 day notice of cancelling the contract with them, but am I, as the new owner, bound to that contract?
I have read various documents by states on STR Agreements and honoring current reservations, but haven't found much detailing if a change of ownership occurs.
And sorry, couldn’t figure out how to edit headline on my phone, so that’s why it’s a little squirrelly...fat fingers and hit post too soon.