Question

 If a property management company forgets to pay owner for past month rent should the property management company still collect fee for services?

Answer If they asked you on the application, and you lied, then, yes, technically, that is a lease violation that gives the landlord the right to terminate the lease. But, you make a very good point - why... Read More »
http://wiki.answers.com/Q/If_a_property_management_company_forgets_to_pay_owner_for_pas...

Top Q&A For: If a property management company forgets to pay...

How long can a property management company hold the owner's reserve funds once the property management agreement has been terminated?

This time period may or may not have been defined in your contract. Call other property managers in the same industry in your locale, and ask the question about the time period.Then, send a letter ... Read More »
http://wiki.answers.com/Q/How_long_can_a_property_management_company_hold_the_owner%27s...

If a property management company doesn't have a renter for a property who is responsible for the mortgage payment The property management company or the landlord?

That is correct. The landlord is responsible for the mortgage payment as the investment property is ultimately his (name on the deed). And I also agree with the advice given below. A competent and ... Read More »
http://wiki.answers.com/Q/If_a_property_management_company_doesn%27t_have_a_renter_for_...

If a property management company omits an account and fails to collect the fees due should the management company reimburse the homeowners association for the loss?

Answer lien it's not a property management duty to pay HOA fees, it is owners duty,but property management Co may be able to pay due to HOA from the proceeds of the rent collected by them..if owner... Read More »
http://wiki.answers.com/Q/If_a_property_management_company_omits_an_account_and_fails_t...

You pay your rent to a property management company for a condo unit but the owner is being foreclose on is this legal?

As a tenant, your situation is determined by the written agreements that the owner has with the management company, with the association and its association manager, and with a lender, if any. It ... Read More »
http://wiki.answers.com/Q/You_pay_your_rent_to_a_property_management_company_for_a_cond...


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