› Flat Chat Strata Forum › The Professionals › New strata manager stretching contract › Current Page
10/08/2021 at 8:19 pm
#57636
As always, you need to read the contract that was signed.
The term will be clearly in the contract.
Either party can terminate a contract provided certain conditions are met. In the case of the strata manager , and in the case of a multi year contract, they are required to give written notice a specified amount of time before the date they want to terminate.
Also the standard SCA contract has a standard clause that provides for the remuneration to increase yearly . The increase is specified but the standard contract is 5%.