Property Management Contract

[Daniel B.]

Hi all, we're looking to hire our first management company and are starting to vet some of the options in our area. One area of concern we've come across is the tendency of these companies to include some language in their contracts that would absolve them of any responsibility when acting outside the law. It seems that this would open us up to potential legal issues if the management company were to use discriminatory tenant vetting practices, not following the proper process during an eviction, etc.

I would expect that part of the reason to hire a management company is to have someone that is more familiar with these laws and to ensure that we are not in violation. Is this standard practice or are these guys just trying to see what they can get away with. I doubt we have much ability to push them to change the contract with our single building, but we also don't want to sign something that opens us up to legal action.

Here's a snippet from one of the contracts: