How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask WALLSTREETFIGHTER Your Own Question
WALLSTREETFIGHTER
WALLSTREETFIGHTER, Attorney
Category: Legal
Satisfied Customers: 17223
Experience:  14 years experience in representing clients, current member of legalshield, legal club of america, NYSUT and UFT attorney
16356563
Type Your Legal Question Here...
WALLSTREETFIGHTER is online now
A new question is answered every 9 seconds

Can I fire my Property Management Co. that I hired about a

This answer was rated:

Can I fire my Property Management Co. that I hired about a month ago on Apr. 2 for not doing the kind of property management I expect of them? I noticed the agreement ties us up with this lousy company for one year! I didn't know that, the lady that did the presentation to me and my husband didn't mention to us about it at all, she just asked us to sign here and there, initial here and there, after doing a verbal presentation. Believing that the company was legit, we signed and initialed everything she asked us to sign and initial. after almost one month, she emailed me telling me she and her husband are leaving for Ohio, leaving her responsibilities in the company to another property manager. In the meantime, my vacant unit has remained vacant as if nobody really cared about managing our fourplex and guesthouse. Before continuing to lose more money in our rental business, I must fire now this property management company, despite the one-year agreement my husband and I were asked to sign. Please give me your kind advice on this, will you? Thanks a million in advance ! xxxxxxxxx


WALLSTREETLAW :

Hello I am a licensed attorney here to help you with your question, please review my response and do not hesitate to ask for clarificati on

WALLSTREETLAW :

This is a common situation,

WALLSTREETLAW :

you would be able to break the contract and it may be your only option, in terms of contract law, if one party breaks the contract, by nor performing you can sue them for a breach of contract,

WALLSTREETLAW :

and an argument you would make is that they did not perform their part of the contract therefore it is void.

WALLSTREETLAW :

You could also sue them now for damages and expenses you have incurred by their lack of performance as well.

WALLSTREETLAW :

If you wish, you should consider having an attorney send a letter threatening legal action if they do not pay you for the expenses you have incurred due to their lack of performance of the contract,

WALLSTREETLAW :

and suggest to them you will settle the matter if they break the contract.

WALLSTREETLAW :

If you fire them, and they do try to sue you based on the remaining contract terms, you could counterclaim with a suit for expenses and lack of performance.

WALLSTREETLAW :

If you have any further questions please do not hesitate to ask.

WALLSTREETFIGHTER and 8 other Legal Specialists are ready to help you
Customer: replied 4 years ago.
The property manager that signed us up took all the keys for our rental units and copies of the rental agreements with our present tenants. How should I ask the guy replacing her in this property management company to return them to me without worrying about the safety of everybody in our building, in case they make duplicate copies of the keys for future retaliation against us?
The best way is to have a letter sent to them asking for the keys, and then changing the locks. If they actually do attempt to enter the properties or use the locks, that would be a criminal offense.

You can threaten them now with criminal action if they do use these keys without your permission.
WALLSTREETFIGHTER and 8 other Legal Specialists are ready to help you
Customer: replied 4 years ago.

Our tenants want to pay their rents due May 1st to me and not to the property mgmt. co. Is that okay? They told me they don't feel comfortable sending their money to that company at all!

You should notify the property management company that they are terminated, and you should collect the rent from the tenants, that is fine, but make sure the management knows they are terminated.