Are you looking to end your property management agreement? Writing a Letter To Terminate Property Management Agreement can be a daunting task, but we’re here to help! Below you’ll find examples of Letter To Terminate Property Management Agreement that you can use as a template and modify as needed.
Reasons for Terminating a Property Management Agreement
There are several reasons why you may want to terminate your property management agreement. Some common pain points include:
- Poor communication between you and the property management company
- Unsatisfactory management of your property
- High fees or hidden costs
- Violation of the terms of the agreement by the property management company
Example of Letter To Terminate Property Management Agreement
Dear [Recipient’s Name],
I am writing to formally terminate our property management agreement, effective immediately. Despite our efforts to resolve issues with communication and property management, I believe it is in the best interest of both parties to end our agreement.
Over the past few months, I have been dissatisfied with the level of service provided by your company. The lack of communication and failure to address important issues regarding my property have led me to the decision to terminate our agreement.
I understand that there may be some administrative tasks to complete in the process of ending our agreement. Please provide me with a list of any outstanding tasks that need to be addressed on my end.
Thank you for your attention to this matter. I appreciate your cooperation in facilitating a smooth transition out of our property management agreement.
Sincerely,
Your Name