ESQPMG Real Estate Investment Blog

For Tenants

Professional Property Managers Prepare For Everything

Withholding of a tenant’s security deposit is probably the number one reason a property manager can end up on the other end of a lawsuit or even in court.  There are many precautions and procedures which a prudent property management company or property manager can implement which will help prevent this situation from occurring.  Moreover, a property management course or continuing education in the nuances of proper statutory procedures can go a long way in preventing a lawsuit and subsequent lost time, energy and even money.  Finally, an owner is responsible for the acts of a property manager and could find themselves in court as well if the property manager has violated the law, has not properly counseled the owner or properly handled the tenant’s security deposit.

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