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Rent payment to the property manager


The landlord I have contract with asked me to pay the rent not to him directly but to the third party person who suppose to be a property manager.
Therefore :
1) Do I need to put property manager name in the contract?
2) Should I ask property manager to provide the PoA (Power of attoney) validated by a notary?
3) What is the reason that landlord dont want to give his bank data?


1) Yes
2) No need - see 1)
3) Tax fraud (usually)

Apr 11, 2020 00:49

as with J, but simpler:

1) Yes
2) No
3) Fraud

Apr 11, 2020 09:54

The owner of our previous apartment was our next door neighbour.
He paid someone else a commission to manage the property for him.
The details of the account into which the rent was to be paid were in the contract. (There is no need for the name of the account holder to be included. Your bank will transfer the money to the account without a name.)
I had no need for the owner's bank details and I cannot imagine why you would think to ask for them. Nor can I imagine why others think that his refusal to tell you is a fraud.

Apr 11, 2020 10:31

@KASSEISTAMPER, the poster @EugeneLSK has said that he's being asked to pay their rent to a third party who is not named on the rent contract. There is absolutely every reason to believe that some kind of dodgy business is going on here.

Two come to mind immediately, 1) the landlord is committing some kind of tax fraud or perhaps 2) this is a scam to get @EugeneLSK to pay a security deposit and the first months rent to someone who doesn't actually own the property.

Apr 12, 2020 09:55

The OP says that the LANDLORD has asked him to pay the rent to someone who is not on the contract. By definition, someone who doesn't actually own the property.
As it is the owner who is making this request, how do you think it can be a scam? It is perfectly commonplace for owners to employ a third party to manage their property and that is what is said in the question.
And what tax fraud do you imagine is going on? I assume you are aware of the level of tax which has to be paid on property rental income.

Apr 12, 2020 12:35

"how do you think it can be a scam?"

Because as the OP says, the landlord apparently does not want this diversion of rent to be noted in the contract. If it was all above board, the
name and bank account of where the tenant needs to pay would be listed in the contract.

And with regards fraud, ok unfurnished rental income is tax free, but there are many other reasons that the person may be trying to deliberately under-report their income, such as benefit fraud, or in order to claim other means tested allowances.

Apr 13, 2020 09:23