Property Manager and signing the lease

[Sunny Rajvansh]

Hello all,

I am managing a friend's property and I was wondering do I need to sign the lease or should the lease be signed only between tenant and landlord. and if I dont have to sign the lease shuould I have to mention me as property manager on the lease? I would think I should be mentioned with contact details for tenant to know who the property manager is, but I also wonder what if the landlord decides to remove me as property manager and appoint someone else? would they need to resign the lease?

[Calvin Thomas]

Quote from @Sunny Rajvansh:

Hello all,

I am managing a friend's property and I was wondering do I need to sign the lease or should the lease be signed only between tenant and landlord. and if I dont have to sign the lease shuould I have to mention me as property manager on the lease? I would think I should be mentioned with contact details for tenant to know who the property manager is, but I also wonder what if the landlord decides to remove me as property manager and appoint someone else? would they need to resign the lease?

First question, are you a real estate agent or property manager?  If yes, do you have a property management agreement signed with the owner? Also, do you have the proper insurance to CYA in case something goes wrong?

If you are not a licensed real estate agent, are you an employee of his?  To manage someone else's property, you need one or the other.  If not, you are conducting business as a real estate agent, and the fine, I believe, is either $1000.00 or $2000.00 in the State of Connecticut.