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Updated over 2 years ago on . Most recent reply

User Stats

28
Posts
11
Votes
David B.
  • Investor
11
Votes |
28
Posts

Property managment 6 month "unleased" lock-in term

David B.
  • Investor
Posted
Still trying to identify a property management company to use.  I thought I had one, except the agreement is stating that we have to remain in the contract even if they have not leased the property in 6 months.  


If, after the original 180 days of this Agreement, the Property
remains unleased, either Agent or Landlord may, with 14 days written
notice to all parties, terminate this Agreement.




Is that standard? That seems like an awfully long time that I can not take other actions if I'm not satisfied with their service.


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