Q: Management company asking for 4% on sale of my house to current tenants.
I bough the house in 2007 with my ex. Being military we moved and both signed a contract with a property company. After a few years we got divorced. We did a deed in leu and the house is solely under my name. I've had the current tenants for years and I am planning to sell. I asked the management company that I wanted to terminate the service since I did not want to renew the lease. My tenants expressed interest in the house. Now the management companies says they have claim over 4% if I sell to the tenants. They sent me the old contract, however it has my ex's signature from 2007 and I got divorced in 2014. She no longer has claim or authority over the property and I never re-signed an updated contract solely under my name. So, is the old contract still legal in the sense that they can claim the 4% even though it's an old agreement with both myself and ex and she no longer has authority?
A: Without seeing the contract it is not possible to answer your question. You should have an attorney to assist with the sale in any event, so have that attorney review the contract you have.
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