The contract started on the 16th March 2012.. So 12 months is coming up. But they took the renewal fee last month in February..
The contract states under Renewals:
We will take our renewal fee on the 12th Month of the Contract, which will be 5% plus vat, this will be done without notice if our tenanat deceides to stay in the property for a further year. if the landlord wishes to cancel our contract he must give three months notice to Letsallmoce Management services and 2 months notice to our tenanat to vacate the property.
The contract states under Cancellation of Management Contract:
If both parties agree to cancel the contract between the Agent and the Landlord and if our tenant remains in the propert the landlord will still have to pay our renewal fee. The landlord must serve 3 months notice to the agent, to cancel the managing contract.
The Contract also says under Rent Receipt:
Once a tenant has been found for the property, if agreed, we arrange to receive the rent on your behalf and have the monies debited directly to your account.