Management Fees

We have several properties let with two different agencies.
One agency has presented a new contract. It states that if tenants abscond, we’ll still be charged the management fee for the rest of the year. I can’t see this on any of our other agencies’ agreements.
Is this highly unusual?

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kick them into touch, they are trying it on hopeful you will not spot it

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WoW
You really read that new contract.

Maybe i should start reading also.

But that does sound weird and savage.
Are you doing something exotic like R2R or R2SA, rather than regular AST?

I would ditch these greedy heathens as soon as you can. Totally unreasonable!

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