Will This Void My Lease?
Posted on October 25th, 2011 by admin
The property manager that was responsible for my lease just changed real estate companies. The lease that I signed was with the previous company and it has the name of that realty company, say Century 21, on it. The property manager took most of her properties with her to the new company, say Coldwell Banker. She does not own the house, she is just hired by the owners. If our lease states the first realty company on it, will her moving to another company void our lease, since technically the lease seems to be between us, the owners, and the previous company? Wouldn’t we have to sign a new lease with the owners and the new company? I hope that I explained this well. Thank you in advance for your help.
Yes, she is stated on the lease as the property manager. The lease states the realty company, Century 21, as the listing broker. Does it matter if the lease is drawn up with that company as the listing broker? Thanks for your help.
Thanks for the answers. I was hoping that the actual lease being with the first company would make a difference. Our initial first year is up anyway, but in the lease the manager put the the lease renews itself every 2 months after the first year. We wanted to be able to only give a 30 notice instead of a 60 day. It has been difficult to find many people who want to wait 60 days for us to move in. Next time I sign a lease I will make sure that the 2 month renewal is not part of it. Thanks again.
A lease stays with the property. If the property manager moves or even if the property is sold the lease is still valid until the expiration date and you continue to pay the rent and all meet all of the covenants spelled out in the lease.
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