spoilt brat

I got locksmith to let me in property, new keys cut and placed cleaned before tenant got there.
Not sure where confusion is that tenant is unhappy - she was kept out of this entire drama.

Landlord is indifferent
Landlords daughter who is also POA also really happy that action was taken.

Landlords granddaughter - ****** off because she did not get to sabotage lease

 

No lol no, just getting rid of some cockroaches.

 

@datto Who said that the property was in NSW?

 

I am so thankfull I vowed never to take on residential tenants again when I left Sydney, commercial tenants are so much easier to manage

 

Did she get any money out of you?

 

The tribunal would have ruled her lease agreement invalid as she was still in another elsewhere

 

I may be wrong but- On the lease agreement isn't there something written that you will not be selling the property during the lease term?

From memory I remember this on a NSW one. OK can't find it. Maybe it was an addition by the PM?

 

No way - most sales are done with lease agreements in place.

 

In SA the purchaser inherits the lease and tenant as is, and their existing duration continues.
You do have to give the tenant 14 days notice of your intention to list the property for sale, though.

 

Main issue with commercial is the potential duration of vacancies . A well located IP is always rentable .

Well located commercial not always .

I always felt sorry for the owner of a commercial property that a patient of mine was renting . Sold with good long term lease in place , however I knew the guy was about to go under ... Was vacant for quite a while .

Post GFC , multiple long term vacancies in good positions .

Had a patient with a good commercial portfolio , multi mill dollar equity who went under post GFC .

I'll stick to residential .

Happy to let our PM's who are dedicated like Xenia , handle all the problems with an occasional email to update us .

Cliff

 

Yes I realise that. I've bought and sold with tenants in place. I amended my post. I remember an agent asking me. Maybe it was just a verbal thing, that the tenant wanted reassurance.

 

The lease was set aside, and the tribunal laughed at her claims (she also wanted all her rent refunded) and told her to shut up

 

Yep she is the one with the position of power, after all she can now just go find somewhere else to live and break her lease without penalty if she so chooses, or can just stay there for the lease duration.

 

Told what?
That a spoilt brat granddaughter changed the locks because she has her own ideas about what should be done with a property that is not hers? Tenant knows that and she will be calling police if granddaughter comes anywhere near property.

Told that property is actually listed for sale??? This would be a lie! It's not! I have not even spoken to owner yet.

Leases are valuable. For me as a property manager to go and say anything that will sabotage the lease based on something that someone said who is NOT an owner would be foolish.

Doing anything other than ensuring that the lease continues as planned would be foolish and presumptuous.

The house is not for sale yet and won't be until grandad calls me.

I do not make sales calls to 92 year old men in a nursing home, just not who I am, if grandad really wants to sell he or someone from his family needs to make an arrangement for me to see him and even then after explaining the process I would leave the sales contract with him to think about it.

Elderly people need to be given time, it takes time!

He is also being manipulated by granddaughter so I would need his POA to be present who does not personally want to sell but will respect his wishes.

Should he want to sell, it can't be till next year because we have too many other sales we are preparing at the moment, but lease will prevail.

If it does sell, whether to an oo or investor, the tenant will still have a 12 month lease.

A lease agreement is written into a sales contract and will continue after the sale.

Leases are valuable agents who sabotage lease contracts do not deserve to be in business. There are enough tenants out there breaching the contacts themselves and part of our job is to mitigate these breaches, I sure as hell don't want to add to this by causing a lease break myself for a tenant.

 

She absolutely cannot break lease without penalty.

 

Lets see what happens but I bet the grand daughter is white anting behind the scenes...

 

Err yes, she can. SA legislation allows a tenant to terminate the lease if the property is listed for sale in the first 2 months of tenancy and they were not advised of the proposed sale at the time of entering into the lease.

As a sales agency licensee and full time property manager I would have expected you to have known this?

 

Read above it will take over 2 months - no breaklease
We will ensure income for landlord from this property continues.

 

Unless she just goes and lists it with another agency who isnt too busy to sell it?

In either case, good on you for protecting your owners interests. Many agencies would have had $$$ in their eyes for a sales listing and stuff the tenant.

 

Sure there are a lot of agents who speak Greek fluently and can communicate with owner - his house he can do what is best for him.