(State commission or salary basis, retainer, bonus or other compensatory arrangements) Owner shall pay Manager the following agreed compensation for services to be rendered:
Improvements or additions to the property above the cost of $ _ shall be made only with the prior written consent of Owner. Manager shall make or cause to be made proper and thorough inspections of the Property at reasonable intervals and shall make or cause to be made such repairs, alterations, painting and maintenance as necessary to preserve the property in good condition. Manager shall make all necessary and proper disbursements regarding the Property including but not limited to, the payment of real estate or other ad valorem taxes, labor and maintenance fees/charges, decorating and repair charges, advertisements. Manager is appointed and shall act as the lawful agent of Owner to do any and all things legally required to collect rents or other monies due and payable to the Owner of the Property. Manager shall negotiate and contract for the rental of the Property and shall collect rents due and provide receipts for same to Owner no later than the 15 th of the month in which rents are collected. Collection of Rents and Payment of Accounts. In furtherance of this Agreement, Owner and Manager hereby agree to the following terms and conditions (hereinafter captioned as “Articles”):Īrticle 1. THIS AGREEMENT is made by and between _ (hereinafter “owner) and _ (hereinafter “Manager”) for the mutual purpose of the management and operation of _ (hereinafter the “Property”), more fully described as follows:
0 kommentar(er)
