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The Letter To Terminate Property Management Agreement is a crucial document used when a property owner wishes to end their professional relationship with a property management company in Nigeria. This document is typically used when there's a need to change property management services, when the property is being sold, or when the owner decides to manage the property themselves. It must comply with Nigerian property law and contract law requirements, including proper notice periods and specific termination procedures. The letter serves as official documentation of the termination decision and outlines key aspects such as effective date, handover procedures, and final accounting requirements. It's essential to maintain professionalism while ensuring all legal requirements are met under Nigerian jurisdiction, as this document may have significant implications for both parties' rights and obligations.

1. Sender's Details: Full name, address, and contact information of the property owner

2. Date: Current date of the letter

3. Recipient's Details: Property management company's name, address, and relevant contact person

4. Subject Line: Clear indication that this is a termination notice for the property management agreement

5. Reference Information: Property management agreement details including date of original agreement and property address

6. Formal Notice of Termination: Clear statement of intent to terminate the agreement

7. Effective Date: Specific date when the termination becomes effective, considering any notice period required in the original agreement

8. Property Details: Specific details of the property/properties covered under the management agreement

9. Handover Requirements: List of documents, keys, and other items that need to be returned

10. Final Accounting Request: Request for final financial statements, pending bills, and transfer of remaining funds

11. Closing Statement: Professional closure including any appreciation for services rendered

12. Signature Block: Space for signature, name, and title of the sender