Does a propery management company have the right to demand a copy of a lease to a privately owned townhouse that is owned as a rental property?

My wife and I own a townhouse as a rental property. The complex recently retained a new property management company who is demanding a copy of our lease under threat of a fine. Although we pay the monthly association fees to the property management company, we feel that any agreement between the tenant and us as landlords is a private matter and none of their buisness. Do they have the right to demand such information?

Asked on July 5, 2012 under Real Estate Law, New Jersey

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

It depends on whether any deeds, assocation agreements, or other documents which govern your townhouse and your residency therein give the property management company the right to request this. If they do, the company can require you to provide a copy of the lease. Therefore, to answer your question, you must refer to the documents governing your townhouse.


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