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Updated almost 4 years ago, 02/10/2021
Does the buyer inherit the PM contract?
I am in the process of purchasing properties that are currently under contract with a PM company. I have asked several times for that contract to make sure I will not be bound to use them. The properties are in a complete state of neglect and disrepair and they have been absolutely terrible during this process. No showed three times when they had scheduled to show the properties. Refused to notify tenants of upcoming inspections. We had to reschedule inspections three times and the seller's agent had to serve the notices. They refused to give keys to the seller's agent for empty units. They have not answered any phone calls or emails from anyone involved in the sale. There is no way I want these people managing my properties. Any input on the laws? I'm in AZ.