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Property Lease Contract If changing the property manager i did need to resign tenant lease? i own investment property in the Central Valley, CA. My property manager is dishonest. I would edit the property manager, but I do not know if the process is complicated or not. The lease remains the same until it expires, you can change the trustees, but the rent remains the same. Once the lease expires, you can choose to keep the same or change it, at that time the tenant may choose to accept the new conditions or move. Just as when the property is sold the lease remains the same act it when you change the property managers. Keep in mind that the manager of the property is the lease that you represent the owner. If the property manager is not honest review the lease to make sure everything is legal. Good luck! Remember that you do not need a reason to fire the property manager in California. As a property manager in Georgia, it is recommended by the courts to have a new lease. In case you have to file the eviction of your current tenant, the new property manager will need a contract specifying the obligations of the tenant. You can keep the current arrangements of the same, but they need to know where to send monthly payments or the person to contact in regard to maintenance problems and this must be documented in writing. No you do not, the end of the lease to the property, not the manager. Yes, and you may not be able to get out of contract with the lease. Some of them put in the management contract that you would have to pay rental fees for the duration of the lease. Posted on August 20, 2010.
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