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Updated over 10 years ago on . Most recent reply

User Stats

47
Posts
9
Votes
Paul B.
  • Investor
  • Gurley, AL
9
Votes |
47
Posts

Way Overdue Transfer of Security Deposits & Other Paperwork

Paul B.
  • Investor
  • Gurley, AL
Posted

Hi,

I have recently switched property management companies. The outgoing PM is seriously dragging their feet transferring all the required security deposits, keys, leases, etc. It has been since Oct 28th when I terminated the agreement. How long does the PM have, by law, to transfer all of this information and more importantly, the money? I'm in Alabama, if that helps. I'm really considering reporting them to the real estate commission, because this is ridiculous for something pretty easy to take care of. Thanks!

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