Many if not most associations hire a managing agent at some point. Most associations at some point fire their managing agent, and hire a new one. The management agreement is the key document going into the relationship, during the relationship and when exiting that relationship. Yet no two managing agents offer the same management agreement.

Mark R. Rosenbaum of the law firm Fischel / Kahn will discuss things to look for and things to avoid in negotiating the management agreement (or an extension of that agreement ) with your current or prospective managing agent.