A new property management company was recently retained by our town home complex where we own a rental property. This new management company is demanding (under a threat of fining us) a copy of our lease. Personally, I feel the terms of the lease are between us as a landlord and the tenant and is none of the property management's business. Do they have a right to demand this information?
While it may seem intrusive, the general answer is yes, so long as such a request has been authorized by the landlord. Landlords use property managers to make their jobs easier, (although it doesn't always work out that way). Landlords enter into written agreements with property managers giving them authority to act as agents on the landlord's behalf. Most often these agreements permit the property manager to obtain a review copies of lease agreements.
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