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Updated about 13 years ago,
I want to fire a property manager, but there is a problem.
I want to fire my property manager because I suspect that he "nickle and dimed" me as I am an out-of-state investor.
But, there is a problem. In the management agreement I signed with him, there is a clause that says if I terminate the PM without cause, I will "pay a sum equal to the commissions due for the remainder of the current resident's occupany".
The current lease won't expire until next June. So, if this clause is enforced, I stand to lose about 500-600 dollars. The contract is governed by Georgia law.
Is this clause enforceable?