Honor property management agreement?

[James Mcsweeney]

I am taking over a property that already has tenants. One of the units is managed by a property management company. I know I need to honor the lease for the tenant, however, do I need to keep going with the property management company for the duration of the lease as well?

[Robb Almy]

You do not have to honor it. If you change PMs or self manage do make sure you get all the documents needed from the current pm- maintenance records, lease, and anything else you can get.