Property management contract termination

[Sara Swift]

Hello, 

We have had continuous, in our mind negligent, problems with our PM in indy, RPM, including:

Failure to deliver efficient and timely communication and service over the year.

Failure to properly screen a tenant, who had a assault on her record, and had to be evicted.

Failure to be familiar with the laws associated with eviction which cost us time and money.  

Charged for unnecessary and unapproved work. 

We want to terminate the contract but don't know how we can ensure to get our money back, we have a substantial sum held by the manager due to buffer for eviction. The contract states 60 days. What charges can they come up with during this grace period? Do we need to honor the 60 days if we feel the contract has been breeched? Do we need a lawyer?

Sara

[Josh C.]

@Sara Swift

Companies are very unlikely to try to steal your money. Contractors yes, but not a legit PM company. Unless their is a dispute you don’t need a lawyer. Just say you are unhappy and want to terminate. Ask if their are any fees and go through the PM contract. Should be a standard business transaction. Sometime people’s expectations just don’t line up. Good luck.