answered
Q: What is the procedure for a property leasing agent to hand the management of a property to another leasing agent to manage?
A: Thanks Abby, I read somewhere recently that if a property is handed over all previous contracts are voided. I am more interested if the tenants lease is also voided, and what would happen in a situation where It is a periodic. It appears that new agent needs to have a new fixed term lease. I am guessing a periodic cannot end automatically like a fixed term.
Hope that makes sense.
