Property Manager Withhold Rent to Landlord

[Tom Braddy]

Hi,

I own rental properties in Atlanta suburb and my PM has been late (paid after the 25th) paying the rent to me and my fellow investors for various reasons for many months. This month she upped the ante and demanded us to send her signed property management agreements before she pays us. It is obvious that she did not have her copy and is trying to hold our rent hostage to recover. I don't like her hardball approach and don't want to send her my copy just yet but wonder whether she has broken her fiduciary duty as my PM with this demand therefore has voided the PM agreement.

Thank you for your help.