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Barrister
Barrister, Attorney
Category: Business Law
Satisfied Customers: 34257
Experience:  16 years practicing attorney, JD, BA, MBA
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Customer Question

I own three rental properties in sarasota, florida. I signed a year contract with a rental agency company in august 2012. they tke 20% or all booking fees.they have aquired 2 bookings since last august. i want to terminate the contract. if i do and they sue me am i right in thinking they can only sue me for loss of earnings ? if so that would not be very much would it ?
Submitted: 3 years ago.
Category: Business Law
Expert:  Barrister replied 3 years ago.
Hello and thank you for using JA! My goal is to provide you with excellent service and help with your legal problem.
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If you were to terminate the contract in writing, they would actually have to prove their damages if they sued you. So since any future earnings are entirely speculative, the court may decide that they couldn't sue for anything because they can't prove that they would have earned anything. But I would opine that at the worst, the judge may look at the past earnings history and award some percentage of that.
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But if the amount is not very much, realistically it is pretty unlikely that they would bother to sue.
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Barrister

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