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My answers below are for Queensland, so check for your own state, but just to give you an idea of the rules here.... In Queensland, if the rent is transferred by internet banking, which is how ours is, we don't have to write a receipt out for each payment (but I do.... to help me when tax time...

If you are going to hold the open, then why not take it on yourselves? I have never paid a PM, but perhaps you can bypass any notice period by saying "you didn't fulfil you end of the contract, so we would like to be released from the PM agreement immediately" and either go with another agent...