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  1. DaveM

    ADVICE NEEDED: Managing RE agent closing down during current lease

    Lease is between you and tenant,that does not change. You can remove and appoint a new agent without any change to the lease terms or length. Choose a new PM or ask for a recomm here for the area, and they can do the whole changeove for you.
  2. DaveM

    ADVICE NEEDED: Managing RE agent closing down during current lease

    Check your mgmt agreement, there may be an assignment clause, perhaps wth your consent perhaps without. I have in the past simply ordered them to handover the ledger to a new PM regardless of termination notice periods if they have been incompetent. What are they gonna do, sue you over 3 months...
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