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Property Management Co magically turns 1 yr lease into 2

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Lauralee22

Guest
Help! I own a house in Arizona and recently moved back to the state of Maryland. I didn't want to sell yet, so decided to use a property management company to handle leasing out the house. They found a tenant and I accepted the tenant and agreed to a 1 year lease. No other length of time was ever dicussed or even considered on my part. I just received my first statement from the PM company and they included a copy of the lease. The lease term says it's from 12-1-00 through 11-30-02. A 2 YEAR LEASE. The "2" is very dark and obviously written over the "1" that was there and the tenant has her initials by it. What??!!? How can this happen? I called the PM company immediately. They couldn't give me any explanation and would only say that they would ask the tenant if she would come in and sign a corrected lease, but that if the tenant refused there was "nothing at all they could do." My name is signed at the bottom with a date (a date I was out of state)...but it is NOT my signature. ALso, I signed papers with the PM company, but nothing in front of a notary, so I don't believe they have any power to sign my name on my behalf. Is this correct? Can they do this? Is there legal action I can pursue against the PM company? Please help me. Thank you!!
 


HomeGuru

Senior Member
Hire an attorney to sue this company for breach of contract, misrepresentation, forgery, deceptive trade practices ......
 

HomeGuru

Senior Member
Lauralee22 said:
Guru -

Thank you so much for the speedy response.
HomeGuru response: You are welcome. You can also file a complaint with the State for violations of real estate licensing and management violations.
 
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Lauralee22

Guest
The property management company convinced the tenant to come in and sign a corrected lease that shows a term of 1 year. HOWEVER...now my tenant is breaking her lease only 2 months into it and I'm having a whole new set of problems with the property management company. In the agreement I signed with the PM it states they will collect from the tenant a security deposit equal to 1 or 1 1/2 times the monthly rent. No where in the agreement or the lease itself does it state a portion of this money goes to the PM for "administration" fees. So, all along I was under the impression that I held a deposit from the tenant in the amount of $825.00 (1 months rent, but come to find out, I only have $625.00, because according to the owner of the PM company, "the tenant pays a portion of the deposit to cover admin fees." Along with this issue, the PM company states if I terminate my contract with them (which I can do at anytime, 30 notice in writing) then the tenant will not be responsible for any fees for the house being vacant until I can secure a new tenant. The PM is horrible at returning my calls and they've included wrong information and misspellings in my ad on their website. (Desertwide.com) I paid $65.00 for a "virtual photo tour" and it is not linked properly. I could go on and on about their incompetence, but here is the root of my question...I'd like to end my relationship with this company and hire on a new PM to handle my property. I'd like to do this without losing any money I'm due from the tenant who is breaking her lease. Am I out of luck? :)Please advise and thanks in advance!

 

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