Dispute with property manager after sale of property
I just sold my investment property to a non-tenant third party. My property manager is now claiming that he is entitled to 3% of the sale and is withholding my finale rents and money owed me as partial payment. He is referencing our management agreement which I have attempted to link a photo of.
The agreement as far as I can tell, only applies if I were to sell to a tenant and does not apply because I sold to a third party. Am I correct in the way I'm reading this? He in no way helped with the sale of the property. I think he is doing this because I am out of state and have no easy way to take him to court.
Any thoughts and feedback would be greatly appreciated.
