02-23-2012, 04:59 AM
Wow. That sucks. I can relate. I'm still owed nearly 1000.00 from a property management company acting outside the law who aqre still doing business. Please note that in this article it states that the company in question had given up their real estate license so they were acting unlicensed. The paragraph regarding a trust account was also interesting. As in my case, it was up to the owners (I admit my responsibility in my case) to make sure they were dealing with a licensed company following the laws and rules of ethics whcih apparently this company was not. State law requires payment to homeowners by the first of the following month and for all money to be placed in a trust account.