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[RPPTL LandTen] Commission clauses in property management agreements?

HH
Harry Heist
Wed, Feb 13, 2019 9:24 PM

Dear All,

So many property managers are putting clauses in their auto renewing property management agreements whereby they try to make the property owner pay a commission to them if the property sells to the tenant or otherwise while they are managing the property.

I thought this violates 475.25(1)(r) and I recall seeing some disciplinary procedures over this over the years.

They sneak these clauses in and if the owner sells, they try to make the owner pay a commission to them.

Is this correct?

Harry

LAW OFFICES OF
HEIST, WEISSE & WOLK P.A.
PH: 1 800 253 8428
FAX: 1 800 367 9038
"Serving the Property Management Professional"
Website:  http://www.evict.com/ www.evict.com
Email:  mailto:harry@evict.com harry@evict.com

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Dear All, So many property managers are putting clauses in their auto renewing property management agreements whereby they try to make the property owner pay a commission to them if the property sells to the tenant or otherwise while they are managing the property. I thought this violates 475.25(1)(r) and I recall seeing some disciplinary procedures over this over the years. They sneak these clauses in and if the owner sells, they try to make the owner pay a commission to them. Is this correct? Harry LAW OFFICES OF HEIST, WEISSE & WOLK P.A. PH: 1 800 253 8428 FAX: 1 800 367 9038 "Serving the Property Management Professional" Website: <http://www.evict.com/> www.evict.com Email: <mailto:harry@evict.com> harry@evict.com <https://www.facebook.com/pages/Heist-Weisse-Wolk-PA/343965575625870> Visit us on Facebook THIS E-MAIL MESSAGE IS CONFIDENTIAL, ATTORNEY-CLIENT PRIVILEGED, AND INTENDED FOR THE PERSONS NAMED ABOVE ONLY. ALL OTHER USE, COPYING, OR DISTRIBUTION IS STRICTLY PROHIBITED.