As above - how easy is this to do?
My PM has been pathetic from the start and now I have found out that (according to my solicitor) they may have been negligent and I could actually sue for damages. Once my non-paying tenant is evicted I wish to terminate our agreement. How would I go about this?
Solicitor has advised I make a formal complaint to the Dept of Commerce and then request to terminate the agreement in writing. What happens if they don't agree to terminate and try to charge me for their costs for the remainder of the agreement? Those who have been through this scenario before - do PM's usually let you terminate without hassle or do they fight?
In 10 years of investing this is the first time I've had an incompetent PM and problem tenant.
My PM has been pathetic from the start and now I have found out that (according to my solicitor) they may have been negligent and I could actually sue for damages. Once my non-paying tenant is evicted I wish to terminate our agreement. How would I go about this?
Solicitor has advised I make a formal complaint to the Dept of Commerce and then request to terminate the agreement in writing. What happens if they don't agree to terminate and try to charge me for their costs for the remainder of the agreement? Those who have been through this scenario before - do PM's usually let you terminate without hassle or do they fight?
In 10 years of investing this is the first time I've had an incompetent PM and problem tenant.