+ Reply to Thread
Results 1 to 3 of 3
  1. #1
    babybuggs is offline Member
    Join Date
    Oct 2005
    Posts
    97

    Retroactively Cancel Contract

    What is the name of your state? Georgia
    I have not terminated the contract, but will do so tonight in writing. I thought that the contract expired after 60 days(starting Oct 21). The agent did not secure a renter during that time period. I gave her a strong lead which had seen the condo and wanted to complete a rental application. She called him 4 days later and he'd rented elswhere. The only leads she secured always seemed to be no-shows. I waited the sixty days and when she had not returned my call after 2 wks., I posted adds in the condo bldg and on several websites. I received more leads and processed them with hopes of obtaining a renter. I did rent the unit on Feb 1 after reducing the rent. I paid the cost of the background check and secured the leasing agreement. She called several weeks later because we had our lockbox removed. She said I owed her procurement fees. When I reviewed the contract again, there was no expiration date. It stated after 60 days I could cancel with a 30 day notice effective on the last of a month. I never received a copy with the broker/agent signature nor any expiration date.
    Last edited by babybuggs; 02-21-2006 at 07:41 PM.
  2. #2
    PghREA is offline Senior Member
    Join Date
    Sep 2004
    Location
    Pittsburgh (North Hills)
    Posts
    1,572
    Quote Originally Posted by babybuggs
    What is the name of your state? Georgia
    I have not terminated the contract, but will do so tonight in writing. I thought that the contract expired after 60 days(starting Oct 21). The agent did not secure a renter during that time period. I gave her a strong lead which had seen the condo and wanted to complete a rental application. She called him 4 days later and he'd rented elswhere. The only leads she secured always seemed to be no-shows. I waited the sixty days and when she had not returned my call after 2 wks., I posted adds in the condo bldg and on several websites. I received more leads and processed them with hopes of obtaining a renter. I did rent the unit on Feb 1 after reducing the rent. I paid the cost of the background check and secured the leasing agreement. She called several weeks later because we had our lockbox removed. She said I owed her procurement fees. When I reviewed the contract again, there was no expiration date. It stated after 60 days I could cancel with a 30 day notice effective on the last of a month. I never received a copy with the broker/agent signature nor any expiration date.
    Most contracts are for a year. You opted to change that time frame to 60days. So if order to cancel you would need to write a certified return receipt
    letter canceling the contract with a 30 day notice effective on the last day of the month. You didn't do this, so the contract is still in effect.

    It is important to read and understand what you are signing.
  3. #3
    HomeGuru is offline Senior Member
    Join Date
    May 2000
    Location
    Catatonic State
    Posts
    81,919
    there is more to this story and my take is the management company contract should be terminated for cause.

Similar Threads

  1. Can employer retroactively cancel health insurance?
    By dawnreeves in forum Hiring, Firing & Wrongful Termination
    Replies: 4
    Last Post: 11-04-2008, 05:05 PM
  2. Breach of Contract... cancel contract AFTER statute of limitations?
    By Caligirl2008 in forum Business Contracts and Franchises
    Replies: 0
    Last Post: 03-23-2008, 07:55 PM
  3. "Retroactively" fired during contract position.
    By comptech in forum Hiring, Firing & Wrongful Termination
    Replies: 1
    Last Post: 08-07-2001, 04:03 PM
  4. How to cancel a contract for a new car?
    By vsido314 in forum Consumer Contracts, Guarantees and Warranties
    Replies: 0
    Last Post: 02-12-2001, 03:18 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

© 1995-2012 Advice Company, All Rights Reserved

FreeAdvice® has been providing millions of consumers with outstanding advice, free, since 1995. While not a substitute for personal advice from a licensed professional, it is available AS IS, subject to our Disclaimer and Terms & Conditions Of Use.