How a Property Manager Can Be Prepared When They Get Sued

Withholding of a tenant's security deposit is probably the number one reason a property manager can end up on the other end of a lawsuit or even in court. There are many precautions and procedures which a prudent management company or manager can implement which will help prevent this situation from occurring. Moreover, a property management course or continuing education in the nuances of proper statutory procedures can go a long way in preventing a lawsuit and subsequent lost time, energy and even money. Finally, an owner is responsible for the acts of a property manager and could find themselves in court as well if the manager has violated the law, has not properly counseled the owner or properly handled the tenant's security deposit.