One for the PMs - if company changes do you still have an agreement.

Discussion in 'Property Management' started by dabbler, 4th Apr, 2017.

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  1. dabbler

    dabbler Well-Known Member

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    Hi all,

    Just curious, if the company changes that you have your agreement with, do you have an agreement at all ?

    For instance, you sign up with a brand name trading as, the company is ABC , then later you notice on some paperwork, the company has changed to XYZ

    No idea if it was just a structural change or both owned by same person. Curious if it carries on.
     
    dabbler, 4th Apr, 2017
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  2. Xenia

    Xenia Well-Known Member

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    Yes you do
    They are assigned to new agent name legally.
    This is how rent rolls are sold
     
    Xenia, 4th Apr, 2017
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  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    It depends.

    A contract could be assigned. But you would probably need to be notified if that was the case.

    If it hasn't been assigned then your contract is with the previous company.

    BTW, this is how some people collect debts. assign the loan agreement to stand over persons who then collect the debt.
     
    Terry_w, 4th Apr, 2017
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  4. dabbler

    dabbler Well-Known Member

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    Yeah, nah, these people can't seem to do much right at all lately, no notification sent to me, staff are the same mostly.

    Part of the reason I ask, is they are trying all sorts of things on when I was thinking of bringing another place to them.
     
    dabbler, 6th Apr, 2017
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