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Updated about 11 years ago, 10/04/2013
PM Request Documents or No Rent
PM sent a letter requesting owner to provide copy for either a deed of trust or mortgage statement before they can release rent check to owner. PM reasoning is to make sure that owner is paying the mortgage, if not, PM can send check to lender. PM did not request this when I first signed up. Beginning 2nd year, PM suddenly ask for this document. Can fellow members comment?
Thanks in advance!