Rental management company change

[blahblahblah]

The rental I’m living in just had a management property change. I got a letter from the old management company saying that someone else was taking over, and I also got a letter from the new company that just said “send your rent to this address”. However I have not received lease paperwork from the new company or any confirmation of the amount of security deposit transferred to them. The transfer occurred right as my lease had expired with the old company — I signed a new lease with them just before the transfer but I’m guessing it’s no longer valid. I have asked the new management company for a lease but I can’t figure out why they didn’t send one. Would the old lease still apply even though that company isn’t involved anymore? Does anyone have any advice for this situation? Thanks!

[urbanrealtor]

Your lease is actually a contract with the owner of record and not the management. They are merely representatives of the owner. Therefore your existing lease, as contract and encumbrance upon the property remains valid.

This would only change if the option to void contracts (like a bankruptcy or foreclosure) kicked in. It does not sound like you are there. Also, the deposit is held by the owner or his agent (again the mgmt company). The old manager does not get to keep it.

You are, however, justified in asking for written clarification of the new arrangement (including deposit disposition) prior to paying rent.

Note: If the owner has changed (like the old owner sold it) then the lease is still effective but you could probably get someone to draw up something new.

[urbanrealtor]

Your lease is actually a contract with the owner of record and not the management. They are merely representatives of the owner. Therefore your existing lease, as contract and encumbrance upon the property remains valid.

This would only change if the option to void contracts (like a bankruptcy or foreclosure) kicked in. It does not sound like you are there. Also, the deposit is held by the owner or his agent (again the mgmt company). The old manager does not get to keep it.

You are, however, justified in asking for written clarification of the new arrangement (including deposit disposition) prior to paying rent.

Note: If the owner has changed (like the old owner sold it) then the lease is still effective but you could probably get someone to draw up something new.

[urbanrealtor]

Your lease is actually a contract with the owner of record and not the management. They are merely representatives of the owner. Therefore your existing lease, as contract and encumbrance upon the property remains valid.

This would only change if the option to void contracts (like a bankruptcy or foreclosure) kicked in. It does not sound like you are there. Also, the deposit is held by the owner or his agent (again the mgmt company). The old manager does not get to keep it.

You are, however, justified in asking for written clarification of the new arrangement (including deposit disposition) prior to paying rent.

Note: If the owner has changed (like the old owner sold it) then the lease is still effective but you could probably get someone to draw up something new.

[urbanrealtor]

Your lease is actually a contract with the owner of record and not the management. They are merely representatives of the owner. Therefore your existing lease, as contract and encumbrance upon the property remains valid.

This would only change if the option to void contracts (like a bankruptcy or foreclosure) kicked in. It does not sound like you are there. Also, the deposit is held by the owner or his agent (again the mgmt company). The old manager does not get to keep it.

You are, however, justified in asking for written clarification of the new arrangement (including deposit disposition) prior to paying rent.

Note: If the owner has changed (like the old owner sold it) then the lease is still effective but you could probably get someone to draw up something new.

[urbanrealtor]

Your lease is actually a contract with the owner of record and not the management. They are merely representatives of the owner. Therefore your existing lease, as contract and encumbrance upon the property remains valid.

This would only change if the option to void contracts (like a bankruptcy or foreclosure) kicked in. It does not sound like you are there. Also, the deposit is held by the owner or his agent (again the mgmt company). The old manager does not get to keep it.

You are, however, justified in asking for written clarification of the new arrangement (including deposit disposition) prior to paying rent.

Note: If the owner has changed (like the old owner sold it) then the lease is still effective but you could probably get someone to draw up something new.

[blahblahblah]

Excellent — thanks for the info ur, I had just sent the request for the new lease but then I was worried if that was justified or not.

[blahblahblah]

Excellent — thanks for the info ur, I had just sent the request for the new lease but then I was worried if that was justified or not.

[blahblahblah]

Excellent — thanks for the info ur, I had just sent the request for the new lease but then I was worried if that was justified or not.

[blahblahblah]

Excellent — thanks for the info ur, I had just sent the request for the new lease but then I was worried if that was justified or not.

[blahblahblah]

Excellent — thanks for the info ur, I had just sent the request for the new lease but then I was worried if that was justified or not.

[urbanrealtor]

You’re very welcome.

[urbanrealtor]

You’re very welcome.

[urbanrealtor]

You’re very welcome.

[urbanrealtor]

You’re very welcome.

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