If so, that's likely a non-enforceable contract (but consult a local attorney).Get rid of the PM however possible, then hire a leasing agent to help you re-lease it if necessary.Next time, never sign a PM agreement like this. 

My approach has always been to encourage the tenant, congratulate them on their new home purchase and inform them of what they need to do to be released from their obligation.

The bank would have to determine the value of the remaining properties, before releasing any property, which is usually done with obtaining updated appraisals.  

If you can show who ever owns the original mortgage company the trail they should be willing to file a mortgage release just for the asking.

And I believe they just released some new tech.

Most private lenders will request an upfront deposit of 1% of the loan deposited before releasing the funds.Here are the steps that will protect you from getting cheated.

It allows you to select newly released creame of the crop property and does a whole lot of other wonderful things  that give you the pick of the litter according to your property specifications .....and ROI you desire.  

Make sure if it's separate locked living space for deceased tenant you secure the area after the sheriff has released it , I'd take my own photo's showing what's in the space.

Rents might have been rising so fast in Cali that if a tenant gives any grief they get them out and simply raise the rent for the next tenant and recoup releasing costs quickly.Where you are at the tenant base and rental increases might be more stabilized so if a tenant goes out it takes longer to get that cost back even with slightly higher rent per unit.So there are a lot of variables (building location, building age, building size, class of tenant,etc.)You are the manager and they are the assistant.

I know he is a great person, very active in Bangor Breakfast Kiwanis and a couple other good organizations around here, I can only assume he brings the same ethic to his work.Here is the property owner information for their websiteHe's located on Odlin road, in an office above my old workplace at Bernatche Auto Body.