Hi all, I have recently notified my Property Manager that I want to terminate my contract with them as we are moving to self manage. After this, she gave me a call asking why I terminate. As I wanted to be nice, I stated my main reasons for wanting to terminate (such as wanting to reduce management fees etc). She then proceeded to tell me that my contract with them expires in March 2017 and if I break, I am liable to a sum equivalent of 50% of the Management Fee for the unexpired period of the Term. I have now found my contract to look for the exact term. This agreement may be terminated by: 3.1.1. The owner if the agent fails to substantially perform its obligations under this Agreement and such failure continues for 28 days after written notice complaining of such failure is given by the Owner to the agent; or 3.1.2 The Owner without giving prior notice should the Agent have been guilty of a fundamental breach of the terms of this agreement; or 3.1.3 the Agent giving not less than 28 days notice in writing to the Owner In the event that this Agreement is wrongfully terminated by the Owner during the Term, the Owner will pay to the Agent as and by way of liquidated damages a sum equivalent to 50% of the Management Fee which would otherwise be payable to the Agent for the unexpired period of the Term. The Owner agrees that payment of the liquidated damages in this clause is a fair and reasonable pre-estimate of the damages likely to be sustained by the Agent if this Agreement is terminated prior to the expiry of the Term and reflects the real loss or damage likely to be suffered by the Agent. So truth be told, that there have been a few instances that triggered me to terminate the agreement. Among others: 1. When a new tenant signed up, I wasn't informed (unless I ask) and was never given a copy of the residential tenancy agreement. I have no idea when the tenant moves in and when their lease ends 2. There was a recent incident where they have carried out an unauthorised repair. I have specifically asked them to firstly send me a photo and the next thing I know they have deducted repair fee from my rent. This is a non maintenance item, to be exact they asked an electrician to remove and uninstall an old reticulation system that no longer works. I have since let them know that I want a written authorisation for non essential repairs. 3. Not too long ago, the aircon stopped working, the PM called an electrician only to find there is nothing wrong with the aircon. The circuit tripped and I am charged for the repair. 4. The PM has often sided with tenants by asking me (sometimes to the point of pressuring) to carry out items that are not urgent, non essential, and non necessary. 5. When old tenants leave, I didn't receive a copy of final condition report. Can someone advise me if I have a case to terminate the agreement based on these arguments ? Or is it futile to challenge and best to just continue until the term ended ? Sorry about the long post and thanks for reading.