Re: Terminating managing agent

Update:

We asked our current strata company which clause in relation to the term does apply i.e what exactly is the term of the agreement according to our agreement?

The response was:

we advise that all 3 term options apply – however, if the OC elects to terminate and pursue either of options 1 or 2, Clause 15 entitles the strata company to be paid out for the remainder of the three (3) year term

Do you think mediation is our next step given this response?

Thanks