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If you break the property management contract early, you will often have to pay an early termination fee. This fee will vary significantly based on the terms of the contract. You may only be responsible for paying one month of additional management fees, or you could be taken to court for breach of contract.
Either you or the agent can end an agreement by giving written notice to the other party. You must give them a minimum 30 days noticeor less than 30 days if both parties agree.
How to Terminate Your Property Management Contract: A Step-by-Step Guide for Owners Understand the Terms of Your Property Management Contract. Notify the Agency of Your Decision. Respect the Notice Period and Plan for a Smooth Transition. Retrieve Essential Documents and Security Deposits. Prepare for Potential Disputes.
Sole or exclusive: The client and agent can agree in writing to end the appointment early. For appointments of 60 days or more, either party can end the appointment by giving 30 days written notice, but the appointment must run for at least 60 days unless both parties agree to an earlier end date.
Dear [Property Managers Name], I am writing to terminate our property management agreement, effective [Date]. I have appreciated your services and efforts on behalf of my properties and tenants. However, after careful consideration, I have decided to engage a new property management service.

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To get out of it, announce your intent between 180 days and 90 days from the effective renewal date. Plan ahead, interview other management companies, and do the transfer. But make sure you have a new management company ready to take over.

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