Zillow Advice: When to Sell - Can a property management agreement contact stop me from selling my home if there are no tenants? http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ Zillow Advice | Zillow Real Estate If your contract does not ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ If your contract does not state a cancellation policy or amount, I would not pay anything. You are only bound to pay what is stated in the original contract or what a judge rules based on the contract. Thu, 12 Sep 2013 13:35:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-12T13:35:00Z The contract does not say ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ The contract does not say anything as far as WHAT WILL BE OWED if you cancel the contract. Many things happen in life that alters future plans. There is nothing in small print that says how much money I will have to pay if cancelled. You can do all the reading and analyzing in the world but if it doesn't give an amount on what ifs, then how would a person know? Thu, 12 Sep 2013 02:05:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-12T02:05:00Z Unfortunately, what you think ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ Unfortunately, what you think is "fair" has very little to do with anything. As others have already indicated, you need to read the contract you signed to determine what the policy is for cancelling the agreement. When you signed the contract, you agreed to the terms ("fair" or not).<br/><br/>As for charges, yes, you should have a bill that identifies what you are actually paying for. Thu, 12 Sep 2013 01:40:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-12T01:40:00Z It depends 100% on what the ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ It depends 100% on what the contract states. &nbsp;The fact there is or is not tenants really don't matter. &nbsp;As they always say the devil is in the details. &nbsp;The fine print will determine what a property management company can do. &nbsp;&nbsp; Thu, 12 Sep 2013 01:36:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-12T01:36:00Z So they are charging me $800 ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ So they are charging me $800 for a cancellation of lease..I asked for a itemized bill to see exactly what I am paying and they are being slow to let me see it....like I said been under contract for only two months, only 1 tenant saw the place, one sign and one lock box key..just doesn't seem fair. Thu, 12 Sep 2013 01:06:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-12T01:06:00Z I talked to the company and ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ I talked to the company and they are saying that I must pay $800 for two months, 1 sign on the lawn, one tenant(section 8 that I didnt want) and a lockbox on the door knob...Just doesn't seem fair Thu, 12 Sep 2013 01:02:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-12T01:02:00Z Um, what does the contract ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ Um, what does the contract you signed say??<br/> Tue, 10 Sep 2013 16:41:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-10T16:41:00Z Check your contract and look ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ Check your contract and look at how much notice you need to give them to terminate your agreement. I had a client do that and she gave them 60 days notice and did not have to pay any fees.<br/>Hope this helps! Mon, 09 Sep 2013 14:13:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-09T14:13:00Z Yes, you can sell your home.&nbsp; ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ Yes, you can sell your home.&nbsp; You will need to read your the contract you signed thoroughly to see if you are obligated to pay the management company any money for breaking the contract.&nbsp; You will have to check to see if the company is entitled to a flat fee regardless if your home is vacant or not or was their fee based on a percentage of the rent collected.&nbsp; Also, you will need to&nbsp;check to see if the contract has a "Buy-Out" clause that would allow you end the contract sooner, but keep in mind, even after all of this, you may be obligated to pay the amount that is still left on the contract.<br/><br/>You should see if you can end the contract first with them as amicably as possible.&nbsp; Then check to&nbsp;see if they are willing to settle on a lesser amount.&nbsp; Hopefully, calmer heads will prevail without&nbsp;having to pursue legal action.&nbsp; Sun, 08 Sep 2013 22:36:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-08T22:36:00Z You can sell your property ... http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ You can sell your property whenever you wish, but you may have some financial obligations to the property management company on the contract you mention.&nbsp;&nbsp;&nbsp; Please read your contract, and possibly see an attorney. Sun, 08 Sep 2013 00:31:00 GMT http://www.zillow.com/advice-thread/Can-a-property-management-agreement-contact-stop-me-from-selling-my-home-if-there-are-no-tenants/510416/ 2013-09-08T00:31:00Z