Termination of Management Agreement: - What is the process for terminating the management agreement if I’m not satisfied?

From various searches I have found the following: "A lease agreement in Maryland must disclose the amount, conditions, and timing of the late fee.

Per our attorneys, when we transfer SDs we require:1) Explicit written directions from owner on where to transfer, including name, mailing address and/or ACH payment info.2) Owner MUST sign a Hold Harmless Agreement, so we will be relieved of all legalities regarding SD after transfer.If an owner refuses to cooperate with our requirements, we will refund the SDs to tenants and send owner proof.Otherwise, we can send to owner of their new PMC.NOTE: we also are concerned about your new PMC allowing you to hold SDs!

I was told from a rep that if I could get someone to sign a lease agreement for about $3,200 - $3,600 per unit, I would qualify.

You can do things like request updated tenant information, new signed leases that kick in at close of escrow, rekey or get key copies, estoppel agreements (outlining the deposits held by the selling owner),  etc.  

@Tanya Maslach The operating agreement language will be drastically different for an LLC that owns/operates real estate compared to the operating agreement used for your media company.

That said, I highly recommend checking the box on your buyer agency agreement stating that you do not permit the same agent to represent both buyer and seller.Jayme

My partner told me to try using another Option and a mock Lease Agreement...

I'm in agreement with Daniel Murphy here.

How do we feel about home equity agreements.