All Topics / Help Needed! / Property manager not paying us the rent !

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  • Profile photo of TaylorChangTaylorChang
    Participant
    @scha9799
    Join Date: 2009
    Post Count: 233
    June 21, 2012 - 12:42 am

    they give me many different excuses !

    Computer payment system problem
    Staff problem
    2 signaturatory fund release problem ( the other director is oversea so can't sign off to release fund)
    office relocation problem…..
    List is just going on and on !

    It's really disgraceful !  
    if they tell me and be honest an upfront it's going to be delay to pay me and provide some compensation, i would happy to work with them for the payment.  But i think they have internal cash management problem so many of their staff didn't get paid and left….. so tied up landlord's money……. also being dishonest and hiding from many of the landlord phone calls !! 

    very disgraceful !  their reputation totally collapse and don't think anyone will be happy with them.

    Thanks again for all the supports from you guys : )

    the corporation law Terry mentioned is extremely helpful in this situation : )  thank you

    TaylorChang | Finance Broker
    Email Me | Phone Me

    Home loan | Commercial loan | 0414 691 517

    Profile photo of Jacqui MiddletonJacqui Middleton
    Participant
    @jacm
    Join Date: 2009
    Post Count: 2,539
    June 21, 2012 - 1:47 am

    The bottom line is, don't subscribe to their excuses.  They owe you money and they must pay it immediately one way or the other.

    Jacqui Middleton | Middleton Buyers Advocates
    http://www.middletonbuyersadvocates.com.au
    Email Me | Phone Me

    VIC Buyers' Agents for investors, home buyers & SMSFs.

    Profile photo of thecrestthecrest
    Participant
    @thecrest
    Join Date: 2004
    Post Count: 996
    July 4, 2012 - 11:30 pm

    Just found this link to report property people who are not paying as they should. No doubt the Dept of Fair Trading will closely monitor and investigate any complaints and reports and especially claims. The agent found guilty would be lucky to keep their licence I would imagine.
    Cheers
    thecrest

    Property Services Compensation Fund- NSW Fair Trading. You can view it at: http://www.fairtrading.nsw.gov.au/Tenants_and_home_owners/Selling_property/Using_an_agent/Property_services_compensation_fund.html

    thecrest | Tony Neale - Tourism Brokers
    http://www.tourismbrokers.com.au
    Email Me

    selling motels in NSW

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