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Updated about 2 years ago on . Most recent reply

Jimmy Chao's profile image
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Jimmy Chao
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Jimmy Chao
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Jimmy Chao
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  • Los Angeles, CA
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General Landlording & Rental Properties

What happens to tenant late fees owed to previous property manager?

Jimmy Chao
  • Investor
  • Los Angeles, CA
Posted

I am looking to change property managers, but my current tenant owes few hundred in late fees to my current PM. Does this add any complications when switching PMs?

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Richard F.#1 Tenant Screening Contributor
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Richard F.#1 Tenant Screening Contributor
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Aloha,

Typically any "prior balance" is simply carried forward with the new PM, meaning, the Tenant still owes it, to the new PM.
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