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Answers for Boards

What notice do we have to give our current Management Company?

Thirty to ninety days is the common range, with sixty being the most frequent. The number is in your management agreement, usually in the term and termination section rather than the fee addendum.

What catches Boards out is not the length but the window. Many agreements auto-renew unless notice lands inside a specific period before the anniversary — say, no later than sixty days and no earlier than ninety. Miss it and you have renewed for another full term.

Put the notice deadline on the Board calendar the day you sign any management agreement, not the year you want to leave.

Two details decide whether a notice actually lands. Delivery method: many agreements specify certified mail with return receipt, and a great many Boards have given notice by email to a manager who never escalated it. And authority: confirm who is entitled to sign, because a notice from a Board member acting alone can be disputed where the bylaws require a recorded vote first.

Send it, keep the receipt, and put a copy in the minutes. The date you can prove is the only date that counts.

General information for Board members, not legal advice. State law and your governing documents control, and both vary.

Take the toolkit instead of a mailing list

The RFP template, scope checklist, interview scorecard, notice calendar and transition checklist your Board would otherwise build from scratch. No email address, no signup, nothing sent to you afterwards.