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Updated over 7 years ago on . Most recent reply
![Alysa Phalen's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/726824/1621496195-avatar-alysap.jpg?twic=v1/output=image/cover=128x128&v=2)
Property Management Lease Agreement
Good day,
I own a 9 unit apartment complex in Florida and have had the same property manager for 9 years. I inherited the property and I do not recall where I even have the original Lease Agreement between the property manager and myself. I have now received a letter that my property manager is going through a Broker Transfer and the new Broker has sent me a new Lease Agreement. I am totally confused by the lease. For example, I always thought my Property Manager had his own Workers Compensation but this lease shows it's the Owner's responsibility. There is also no mention of collection of deposits for new move-ins. I am in over my head! I don't want to sign anything before I know what I am signing. I just do not have the real estate background and don't have the time right now to learn it.
Ideally, I would like to have a real estate attorney in Florida review the lease as I really am not familiar with it. Please PM if you know of an attorney who would do this for a flat fee.
Or, if you are familiar with Commercial Rental Leases please advise me what would be the best thing to do.
Much thanks for your time!
Alysa
Most Popular Reply
![Laticia Braxton's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/340883/1623006982-avatar-laticiab.jpg?twic=v1/output=image/crop=2320x2320@0x0/cover=128x128&v=2)
Hello Alysa. Are you speaking of a property management agreement or are you speaking of an actual lease you have for an office space?