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Updated 5 months ago on . Most recent reply
How to add an addendum on current owners management agreement?
I was looking to add a new section on current owners management agreements and new agreements regarding an additional charge. I noticed other companies charge the owner a fee like a $100 admin fee or something if we take over a property with a tenant the owner put in place and then have to evict them after a month to two later. I know on resident leases you can add a new addendum on the lease at renewal time but our management agreements don't expire they continue forever essentially unless either party gives a notice to terminate. How would we go about adding this on there in FL? Is it even possible to do or would they have to sign a whole new document?
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@Chris G. any contract can be modified if all parties agree and sign it.
Otherwise, your contract should have a renewal period or notice period with which either party can cancel. These can also be used to modify it.
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