Terminating managing agent

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  • 03/08/2012 at 10:43 am #8299 Reply | Quote
    froggy23
    Flatchatter

      Need some advice around how to proceed with terminating our strata managing agent.

      The nitty gritty is that we have sent a letter of termination to the managing agent stating reasons that the agreement has been completed incorrectly and is therefore ambiguous. The ambiguity lies in Clause 5 in which neither of the three options have been deleted. From our research and advice given to date, to our understanding renders the agreement null and void and therefore the owners corporation is not liable for the remaining costs of the contract (clause 15).

       

      We have attempted to negotiate with the strata managing agent on a professional level however they will not release us from our contract sighting clause 15 of the Management Agency Agreement (Estate Agents Co-operative LTD proforma).

       

      So where to from here? We are looking into the mediation route however we would like to be close to 100% sure we are right before entering into, I am guessing not a pleasant situation with the strata managing agent. Any thoughts would be great.

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    Reply To: Reply #16136 in Terminating managing agent
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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