Terminating a Managing Agent

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    Terminating a Managing Agent

    Can anyone point me to the correct wording to use in a letter to terminate a contract with a managing agent? It's a rolling contract that has come to the end of its initial term so we don't have to give a reason for termination—just 3 months' notice.|

    I can only find example letters where the contract is being terminated because of a breach.

    #2
    Presuming you have standing to write to terminate:

    "Hi there -- as of (date) we have no need for your services, Please convey all the stuff you have and any cash and keys or notify us and we will collect from your office. Cheers"

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      #3
      You could remind them of the RICs code page 41 ish
      http://www.legislation.gov.uk/uksi/2...0160518_en.pdf

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        #4
        Here is my draft , you may think of a better way :


        Dear Sir,

        With reference to your company's service agreement for managing the service charge account for our block at ( address ) , we wish to serve 90 days notice effective from ( notice date ) to terminate your services on ( termination date ) .

        We have appointed a new agent ( name ) to take over administration of the service charge account from the date of your termination.

        We trust you will co-operate fully to handover the records and unspent money in the service charge account in accordance to latest RICS Residential Management Code ( Please do not commit any money laundering offences ).

        Please acknowledge receipt of this notice by first class post /email within 7 days.

        Yours faithfully ,

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          #5
          Thanks all!

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