Pay the ground rent off , so it disappears .  

It’s how we built our business because this is where we find all our borrowers.Since COVID, many of the LA real estate clubs disappeared.

I also hope we have a change in the White House and this requirement disappears immediately.It's interesting that this rule was created the rule to prevent companies from hiding criminal activity even though the vast majority of American companies will never engage in criminal activity.

What would happen to a property manager if February rent all disappeared or was frozen?

He is getting a 1099 from the government on this money and will have to pay tax on it (unless property is held in an IRA).You should be entitled to receive the 3 months while you owned the property.I would contact him and threated to report him to the government for fraud on receiving the 3 months of rent on a property he no longer owned. 

He wasn't giving into the state and local governments mandate for employees to be forced to wear masks, get vaccines, etc and he started getting "threats" saying that he could be taken to court and have assets seized if he continues "breaking the emergency laws" during covid time.That could be viewed as an extreme example, but things like this worry me as I have my own company and employees.

It's one thing if you want to screw over someone , steal $10K and disappear into thin air.

The punitive damages part of his threat beyond the deposit itself makes me nervous as well (not sure I have reason to be), but that is the point of him including that.What advice do you all have?

It popped back up on Redfin this morning, however, it did that a few weeks ago and then disappeared.

The last mailing I did out of state, I received a voicemail with all kind of threats and uncensored language.