Terminate Property Management Agreement Template – Australia

The Terminate Property Management Agreement Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. These options are both customizable and ready for printing, designed to suit your requirements effortlessly.


Sample

Terminate Property Management Agreement Template – Australia

Editable | Printable



1. Parties Involved



2. Purpose of Termination

3. Responsibilities upon Termination

4. Notice Period

5. Financial Settlements

6. Return of Property

7. Confidentiality

8. Governing Law

9. Signatures and Acceptance




PDF


WORD

Examples


Terminate Property Management Agreement Template – Australia (1)
Between:
[Property Owner’s Name]
[Property Owner’s Address]
[Property Owner’s Phone]
[Property Owner’s Email]
And:
[Property Management Company’s Name]
[Company Address]
[Company Phone]
[Company Email]
Introduction:
This Termination Agreement (“Agreement”) formalizes the termination of the Property Management Agreement previously entered into by [Property Owner’s Name] and [Property Management Company’s Name], as of [Termination Date].
Clause 1: Background
The parties entered into a Property Management Agreement on [Original Agreement Date], establishing terms for property management services, which are now being terminated.
Clause 2: Effective Date of Termination
This Agreement will be effective as of [Termination Date], upon which all rights and responsibilities will cease.
Clause 3: Final Accounting
The Property Management Company shall provide a final accounting statement of all transactions conducted under the management of the property, including any outstanding payments due to the Property Owner.
Clause 4: Return of Property
The Property Management Company agrees to return all property, documents, and keys pertaining to the property to the Owner by [Return Date].
Clause 5: Confidentiality
Both parties agree to maintain the confidentiality of the terms of this Agreement and any sensitive information exchanged during the management period.
Clause 6: Governing Law
This Agreement shall be governed by the laws of Australia.
Signed in [City], [Date].
Sincerely,
[Property Owner’s Signature]
[Property Owner’s Name]
[Property Management Company’s Signature]
[Property Management Company’s Name]
Terminate Property Management Agreement Template – Australia (2)
Between:
[Property Owner’s Name]
[Property Owner’s Address]
[Property Owner’s Phone]
[Property Owner’s Email]
And:
[Property Management Company’s Name]
[Company Address]
[Company Phone]
[Company Email]
Introduction:
This Agreement serves to formally terminate the existing Property Management Agreement originally initiated on [Original Agreement Date] by and between [Property Owner’s Name] and [Property Management Company’s Name].
Clause 1: Termination Notice
Both parties acknowledge that [Notice Period] notice has been given to formally terminate the Property Management Agreement in accordance with its terms.
Clause 2: Responsibilities Upon Termination
Upon termination, the Property Management Company shall cease all property management activities and assist the Property Owner in transitioning management back to them or to a new management entity.
Clause 3: Security Deposits and Funds
Any security deposits held by the Property Management Company shall be transferred back to the Property Owner, along with any remaining funds from the management account, within [Transfer Period].
Clause 4: Dispute Resolution
In the event of any disputes arising from this termination, the parties agree to seek mediation before pursuing legal action.
Clause 5: Governing Law
This Agreement shall be governed by the applicable laws of Australia.
Signed in [City], [Date].
Sincerely,
[Property Owner’s Signature]
[Property Owner’s Name]
[Property Management Company’s Signature]
[Property Management Company’s Name]

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Terminate Property Management Agreement Template - Australia