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Updated about 6 years ago,

User Stats

55
Posts
19
Votes
Faisal Farnas
  • Investor
  • Saint Petersburg, FL
19
Votes |
55
Posts

PM Screwed Up a lease clause

Faisal Farnas
  • Investor
  • Saint Petersburg, FL
Posted

Hello BP'ers, 

I've run into a bit of a situation with my property manager and I need some input. 

I have a Duplex with both units currently rented out. The water meter is shared so water is included in the rent. When I was self managing, I added a clause in the lease that says tenants are responsible for water charges above $100 and things were going well. When the PM took over, they charged me $75 for lease preparation - basically for a law firm to review the lease. Fast forward a few months later and I get hit with a bill of $320! When I asked the PM to enforce the lease clause and collect money from the tenants, they said that the clause in my lease was illegal but they had forgotten to tell me about it!

What is my best course of action with the PM now? I can't fire them because I am out of state so I don't want to rock the boat. Should I ask them to cover the difference in the water bill, or ask for a refund of the lease preparation fees? 

Jordan 

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