Cleveland OH: Now making Landlords & PM's responsible for....

[Rebecca Bauer]

Anyone else hear of passed legislation mandating the property managers in addition to property owners are now responsible financially for any repairs not done on properties, taxes not paid and rental certs not submitted/paid for, lead based paint fees/apps and required work, HVAC certs every year and proof utilities (water/sewer) as paid, and general compliance matters? One of my attorneys suggested it be appealed. Think a group effort for such ....perhaps NAR should be fighting this or IREM.

[James Wise]

Quote from @Rebecca Bauer:

Anyone else hear of passed legislation mandating the property managers in addition to property owners are now responsible financially for any repairs not done on properties, taxes not paid and rental certs not submitted/paid for, lead based paint fees/apps and required work, HVAC certs every year and proof utilities (water/sewer) as paid, and general compliance matters? One of my attorneys suggested it be appealed. Think a group effort for such ....perhaps NAR should be fighting this or IREM.

 This happened about 6 months ago. My team has been in a court case on this issue and I don't want to speak too much before the case is complete, but it's looking good for us.