Terminate Property Management Agreement Template

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Terminate Property Management Agreement Template

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Terminate Property Management Agreement Template (1)
Between:
[Name of the Property Manager]
[Property Manager’s ID]
[Property Manager’s Address]
[Property Manager’s Phone]
[Property Manager’s Email]
And:
[Name of the Property Owner]
[Owner’s ID]
[Owner’s Address]
Introduction:
This document serves to terminate the Property Management Agreement signed on [Contract Start Date], regarding the management of the property located at [Property Address].
Clause 1: Reason for Termination
The agreement is terminated due to the following reason(s): [Specify reason(s) for termination].
Clause 2: Termination Notice
The Property Manager must provide a written notice of termination at least [Number] days in advance of the termination date.
Clause 3: Responsibilities Upon Termination
The Property Manager agrees to fulfill the following responsibilities upon termination: [List responsibilities, such as finalizing accounts, returning keys, etc.].
Clause 4: Outstanding Payments
Any outstanding balances must be settled by the Property Owner no later than [Specify date].
Clause 5: Release of Liability
Upon termination, both parties release each other from any future claims related to this Agreement.
Clause 6: Governing Law
This termination document shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Property Manager]
[Name of the Property Manager]
[Signature of the Property Owner]
[Name of the Property Owner]
Terminate Property Management Agreement Template (2)
Between:
[Name of the Property Manager]
[Property Manager’s ID]
[Property Manager’s Address]
[Property Manager’s Phone]
[Property Manager’s Email]
And:
[Name of the Property Owner]
[Owner’s ID]
[Owner’s Address]
Introduction:
This termination agreement is established to formally end the Property Management Agreement made on [Contract Start Date], concerning the property located at [Property Address].
Clause 1: Termination Conditions
The agreement will terminate under the following conditions: [Specify conditions for termination].
Clause 2: Notice Period
Both parties agree to a notice period of [Number] days, effective from the date of this termination notice.
Clause 3: Final Reporting
The Property Manager shall provide a final report detailing the management activities and financial accounts by [Specify date].
Clause 4: Property Handover
The Property Manager agrees to return all property-related items and keys to the Property Owner by [Specify date].
Clause 5: Mutual Release
Both parties mutually release each other from any future claims or obligations stemming from the terms of this Agreement.
Clause 6: Legal Jurisdiction
This agreement will be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Property Manager]
[Name of the Property Manager]
[Signature of the Property Owner]
[Name of the Property Owner]

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Please complete the form below to create the Terminate Property Management Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Terminate Property Management Agreement Template

1. Property Management Company Information


2. Property Owner Information


3. Agreement Details

4. Reason for Termination

5. Final Settlement Terms

6. Responsibilities Upon Termination

7. Confidentiality and Non-Disclosure

8. Governing Law

9. Signatures and Acceptance

10. Declaration and Signatures



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Terminate Property Management Agreement Template

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Terminate Property Management Agreement Template