Lease agreements differ from property manager to property manager.
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How do lease agreements differ from each other? Lease agreements, as with any contract, differ from property manager to property manager. Some property managers use the GLVAR lease agreement, which creates a contract between the owner and tenant, leaving the agent to be the designated intermediary. Other leases create a contract between the property manager and the tenant. The crux of the matter is that, should the tenant bring legal suit, the contract is structured to determine who they can legally sue. If the contract is between the property manager and the tenant, the tenant must sue the property manager—they can’t sue the owner. This is important to know that your property manager is protecting you. Knowledge, after all, is power.
If you have any questions about this topic or you have other property management needs, feel free to call or email me. I’d be happy to help you.