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The realestate property managing group are not paying rent…

Customer Question
The realestate property managing...

The realestate property managing group are not paying rent they collect to us the owners since we bought out the other part owners over 2 months . We received no communication until we rang them We supplied info they requested still no payment but sent new contract I contacted another firm and was informed the original contract is still in force I asked what was needed to resolve the problem and can get no response still no money

Lawyer's Assistant: What steps have you taken so far? Have you prepared or filed any paperwork?

I have emailed and phoned property manager I have been trying to find out if they can refuse to pay the money I don't understand why we need s new contract if the existing one is in place and if it isn't why we can't appoint a new management

Lawyer's Assistant: Where is the property located?

Customer:*****

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

Findon SA management group LJHooker West Lakes

Submitted: 8 months ago.Category: Real Estate Law
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Answered in 41 minutes by:
11/13/2017
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago
WiseOwl58
WiseOwl58, Lawyer
Category: Real Estate Law
Satisfied Customers: 4,560
Experience: Experienced real estate lawyer and real estate broker.
Verified

The property manager is collecting the rent and holding it in trust for you as the landlord.

The property manager has a fiduciary duty to you to safeguard the money and turn it over to you upon requst.

Since they have failed to do so, they have breached their fiduciary duty and you can sue them for damages.

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

Ask Your Own Real Estate Law Question
Real Estate Lawyer: WiseOwl58, Lawyer replied 8 months ago

Please rate 4 or 5 stars and close out the question. Good luck to you. I wish you all the best.

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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