[RPPTL LandTen] Commission clauses in property management agreements?

[Harry Heist]

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 at evict.com> harry at evict.com



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