Document background
The Terminate Property Management Agreement document is essential when either a property owner or property management company wishes to end their professional relationship in Belgium. This document is typically used when the contract term has expired, when there's mutual agreement to terminate, or when either party exercises their right to terminate under the original agreement's provisions. It must comply with Belgian Civil Code requirements and relevant regional property laws, particularly regarding notice periods and handover procedures. The document ensures a proper transition of property management responsibilities, including the return of all property-related materials, settlement of accounts, and transfer of ongoing maintenance contracts. It's particularly important in Belgium where property management relationships are heavily regulated and require formal documentation for termination.
