Need Help ASAP Please!
So our president of our COA is not a team player and has caused our Property Manager to submit his resignation via email effective in 30 days. After receiving this the President of the board sent out email to all owners of association telling them that property manager has resigned. After other board members and owners contacted property manager they convinced him to withdrawl his resignation, which he did. The President whom wants him gone is now saying that because of his resignation letter his contract is null and void after the 30 days and he needs to produce a new contract to be considered. It is the rest of the boards position that his contract is still good as it would automatically have been renewed on January 1st per our contract if he had not sent resignation letter.
So question is if property manager resigns then rescinds his resignation is a new contract required. Any advice would be greatly appreciated!!!
Really need to read the actual contract to give useful advice. What state is this in?
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you