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Updated over 5 years ago,
Does lease apply with new PM?
Hi,
I am trying to understand if I am allowed to enforce a lease that was signed with other PM.
The background is:
- I bought a new rental SFH with the tenants. The SFH was managed with PM "X".
- The tenants have a lease until 31 JULY.
- I closed the deal at 31 MAY. Then I switched PM. let's call the new PM, PM "Y".
Does the tenant's lease is applied with the new PM?
For example, if late fees with old PM, defined to be after the 5th each month, Am I allowed to enforce it with the new PM?
Thank you very very much!