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Updated over 7 years ago,

User Stats

25
Posts
21
Votes
Linda Dalton
  • Investor
  • Seattle, WA
21
Votes |
25
Posts

Property Management lease auto renewal to self management

Linda Dalton
  • Investor
  • Seattle, WA
Posted

I have a lease with a PM that is set to auto renew because the tenants did not give 60 days notice (lease end date otherwise would have been May this year). We are ending our contract with the current PM end of April, will the lease that the tenants previously signed be legally binding to auto renew now that we will self manage? When we purchased the property the lease was assumed as is so I feel that this one should also be bound. The property in question is in GA. We have not yet received the lease agreement from the PM but it was requested. Would love insight into my lease question.

Thank you!

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