Pm charging tenets, but not giving me anything

Member since 2024 · 1 post · 0 votes

I have a house in BA being rented out, to price is a set amount and that's what they shown in disbursement to me, however I got a copy on the current leasing agreement with the tenets and found it that they are charging tenets an additional fee for the appliances I provided, as well as the pet fee, both of which they are keeping, and if an appliance breaks or carpets are damaged, i have to replace them... is this legal?

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Colleen F.Pro Member

Investor · Narragansett, RI · Member since 2013 · 8k+ posts · 4k+ votes

@J Case those fees sound wrong. Late fees are often kept by the PM but I have never heard of an appliance fee when the appliances aren't rented. And why would a pet fee go to the PM. Read your agreement with the PM. If this is the kind of business they run I would not want to continue with them.

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Christian StylesBusiness Member
Specialist · Cleveland, OH · Member since 2024 · 71 posts · 51 votes
2y
Hey J, Obviously sounds fishy but may be allowed in your PM agreement. Happy to look it over for you if you want to send it over.
Regarding the legality of it, you'll need to consult a local real estate attorney unfortunately
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Colleen F.Pro Member
Investor · Narragansett, RI · Member since 2013 · 8k+ posts · 4k+ votes
2y
@J Case those fees sound wrong. Late fees are often kept by the PM but I have never heard of an appliance fee when the appliances aren't rented. And why would a pet fee go to the PM. Read your agreement with the PM. If this is the kind of business they run I would not want to continue with them.
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Theresa HarrisPro Member
Member since 2019 · 15k+ posts · 11k+ votes
2y
My PM charges a pet fee that they keep, but they also guarantee if the pet causes damage (and the deposit doesn't cover it), that they will fix it. As for renting YOUR appliances to the tenants, that is plain wrong. If the appliances are included, that is part of the rent. I'd have a chat with your PM.
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Adam BartomeoBusiness Member
Real Estate Broker · Cape Coral, FL · Member since 2015 · 2k+ posts · 1k+ votes
2y
Both parts sounds strange but it will depend on what your agreement says. We have considered renting washers and dryers to our tenants when the owner doesn’t want to provide them. If we did this than we would own the appliances and therefore would not share the rent with the owner.
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Eric Gerakos
Investor · Costa Mesa, CA · Member since 2016 · 1k+ posts · 1k+ votes
2y
Your PM is charging tenets? He should be charging the tenants. Problem solved.
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Nathan GesnerBusiness Member
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Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
2y
Quote from @J Case:

The PM is supposed to disclose all fees charged to you; they typically don't have to tell you what they are charging other people.
However, you may have a legitimate complaint if they charge the tenant extra for appliances when they belong to you.
My suggestion? Talk to the property manager! I know it's a radical idea, but talking directly to the person you have questions about is the best way to get answers. The rest of us can only speculate based on your limited information. Go to the source and I bet you get the answer quickly.

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Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
2y
@J Case why are you jumping to conclusions without verifying?
Are you sure the Appliance Fee isn't a fee for a utility company program that repairs them?
What has your PMC said about these?
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