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Updated almost 9 years ago,

User Stats

3
Posts
0
Votes
Christine Daniels
  • Professional
  • Claymont, DE
0
Votes |
3
Posts

On site manager termination

Christine Daniels
  • Professional
  • Claymont, DE
Posted

Hi everyone

Just began pursuing an interest in property management.

Currently, in one of our newly acquired multi-family locations, we have an on-site manage that's been in place for 8 months. The manager had an arrangement with the previous owner to get a specific discount on their rent in exchange for a couple "house chores".

We don't require an on-site manager but I'm unclear on how I can terminate the previous agreement legally. The manager has a month to month agreement. My guess is just giving them 60 day notice that the agreement is terminated but not residency. I'd just like clarification or verification.

Thank you!

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