英文物业管理协议.docx

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英文物业管理协议.docx

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英文物业管理协议.docx

英文物业管理协议

PropertyManagementAgreement

 

ThisisaManagementAgreementbetween________________________hereincalled"Owner",andOOOProperties,Inc.,hereincalled"Agent",madethis_____dayof___________,_____.

1.Property-TheOwnerherebyappointsAgentexclusivelytolease,manage,andoperate,fortheOwnertherealpropertydescribedas_________________,Texasconsistingof________unit(s)hereincalled"Property".

2.Term-Thisagreementshallbecomeeffectiveonthe______dayof________________,____,andshallcontinueforoneyear.

3.Renewal-ThisAgreementwillbeautomaticallyrenewedonamonth-to-monthbasisunlesswrittennoticeofterminationisgivenbyeitherpartyatleastthirty(30)daysbeforetheendoftheabovetermorrenewalperiodorunlessanothercontractissignedbybothparties.

4.TerminationbyNotice-EitherpartymayterminatethisAgreementatanytimebygivingtheotherpartyatleastthirty(30)dayswrittennotice.OwnermayterminatethisAgreementimmediatelybytenderingtoAgentwithwrittennoticeofterminationonefullmonth'smanagementfeelessoneplusthenumberofconsecutivemonthsthemanagementagreementhasbeenenforce.Theamountofthemanagementfeeshallbethesameasthatchargedagainsttheoperatingaccountforthemonthimmediatelyprecedingthemonthoftermination.Intheeventthepropertyisvacantatthetimeoftermination,themanagementfeeshallbecomputedonthepostedrentattimeoftermination.

5.DeliveryofNotice-Noticeofterminationshallbedeliveredinpersonorbycertifiedorregisteredmail.

6.TerminationUponSale-ThisAgreementshallterminateautomaticallyuponthesaleofthePropertyoruponterminationofOwner'srightstocollectrentstherefromoruponre-occupancybytheOwner.

7.NoticeofSale-OwnershallnotifyAgentinwritingatleastthirty(30)dayspriortosaledate.AgentshallprovidetheOwnerthefollowingwithrespecttothesaleofthepropertyuptoonedaypriortosaledate:

a)Itemizationofsecuritydepositliabilitypertenant.

b)Itemizationofrentscollectedpertenant.

c)KeysforOwnerorhisagenttoaccesspropertytoperforminteriorinspections.

8.OperatingAccount-OwneragreestodepositwithAgentthesumof$_150-200__toestablishanoperatingaccount.Allcashreceiptsshallbedepositedtothisaccountandallcashdisbursementsshallbedrawnagainstthisaccount.Owneragreestofundanynegativeaccountbalancewithin5daysofnoticefromAgent.Agentwillbeprudentanduseourbestjudgmentinplacingoperatingaccountbalancesinfinancialinstitutions.Agentinnowayguaranteestheseaccountbalancesduetofinancialinsolvencyorreceivershipoftheseinstitutions.

9.MonthlyAccounting-AgentagreestorendertoOwneramonthlyaccountingoftheoperatingaccountandasummaryfortheyearinthefirstmonthfollowingthejustendedyear.Saidmonthlyaccountingshallberenderednolaterthanthirty(30)daysaftertheendofthecalendarmonthforwhichthemonthlyaccountingisbeingrendered.Alongwiththemonthlyaccounting,AgentshallremittoOwnertheoperatingaccountbalanceinexcessof$____.00alongwithastatementoftheproperty’smonthlyaccountbalances,incomesandexpensesuptothedateofthestatementpreparedonorbeforethe16thofeachmonthandmailedonorbeforethe20thofeachmonth.

10.FinalAccounting-UponterminationoftheAgreement,AgentshalldelivertoOwnerwithinsixty(60)daysaftertermination:

a)Afinalaccountingreflectingtheendingcashbalance.

b)ThebalanceofanymoniesofOwnersorsecuritydeposits,orboth,heldbyAgentwithrespecttotheProperty.

c)UnpaidbillsforwhichtheOwnerisresponsible.

11.MaximumExpenditures(Ordinary/Emergency)-Agentshalluseitsbestjudgmenttoexpeditetheperformanceofordinarymaintenanceandrepairs,includingmakeready,inthenormalcourseoftheoperationoftheproperty.Nosingleexpenditureforthesepurposesshallexceed$150.00withouttheowner’sapproval.Inordertopreventdamageorinjurytopersonsorproperty,orforotherreasons(e.g.inabilitytocontacttheowner,violationoflaw),theAgentisauthorizetoapproveorincurexpendituresonbehalfoftheownerforemergencymaintenanceandrepairsthatexceedtheaforementionedamount.

12.SecurityDeposit-Agentwillcollectandforwardsecuritydepositstoownersaccountandownershallrefundsecuritydepositsinaccordancewiththetermsofeachlease.Whenthetenantmovesout,thesecuritydepositwillberefundedtothetenantfromtheoperatingaccount.LawfuldeductionsfromthesecuritydepositwillbecreditedtotheOwner'soperatingaccountonlyafterthetenantmovesout.

13.Mortgage,Tax,Insurance,andotherFeesorObligations-Ownershallpayallmortgageindebtednessincludingrealandpersonalpropertytaxes,propertyinsurance,OwnersAssociationsfeesorotherfeesandobligations.

14.PropertyInsurance-Ownershallberesponsibleforobtainingandmaintainingcomprehensiveinsurancecoverageagainstdamageorinjurytopropertyorpersonswhichmightariseoutoftheoperation,management,maintenance,repair,oroccupancyoftheproperty.OwnerwillfurnishtoAgentcertificatesevidencingtheexistenceofpublicliabilityandpropertyhazardinsurance.AnyneworexistingliabilitycoverageforthepropertyshallincludeAgentas"additionalinsured".IfOwnerdoesnotprovidecertificatesevidencingtheexistenceofpublicliabilityandpropertyhazardsinsurance,AgentMAYplacesaidinsuranceandpaythepremiumoutoftheoperatingaccount.However,placingsuchinsuranceisnottheresponsibilityoftheAgent.Owneralsoshallberesponsibleforsecuring"extendedvacancy"insurance.

15.Authority-TheOwnerhereinagreestoassumeallreasonableexpensesinconnectionherewithandgivestoAgentthefollowingauthority:

Toperformallroutineyardmaintenanceandinteriorandexteriorcleaningnecessarytomaintainthepropertyinmarketableconditionandtoprovideutilitiesforsame.Agentatthewrittenrequestoftheownerwillprovideownerwithanestimateofthecostofyardmaintenance;

ToadvertisetheavailabilityforrentalPropertyoranypartthereof,toadvertisethepropertyontheinternetandusephotosoftheproperty'sinteriorandexterior,andtodisplay"ForLease"sign(s)thereon;

Tosign,renewand/orcancelleasesforthePropertyoranypartthereof;

Tocollectrentsdueortobecomedueandgivereceiptstherefor;

ToterminateandsignandserveinthenameiftheOwnersuchlegalnoticesasareappropriate,

ToinstituteandprosecuteactiontoevicttenantsandtorecoverpossessofsaidProperty;

Whenexpedient,tosettle,compromiseandotherwisemakenecessaryconcessionstotenantsasdeemednecessaryandprudentbyAgent;

Tohire,dischargeandsupervisealllaborforandonbehalfofOwnerrequiredfortheoperationandmaintenanceoftheProperty.ItisunderstoodandagreedthatAgentshallnotberesponsibleforacontractor'sacts,defaultsornegligenceifreasonablecarehasbeenexercisedinacontractor'sappointmentorretentionbyAgent.OwneragreestopaytheAgent$75perhourwithaminimumof1hour,billedinhourincrementstopurchasematerials,observeworkmen,obtainbuildingpermitsandestimates,tomeetwithbuildinginspectors,appraisers,insuranceadjusters,contractors,utilityservicemen(water,gas,electricity,telephone)andanyotherrequirementoftheownernotnormallyconnectedwiththedaytodaymanagementandoperationoftheProperty.

TopurchaseonbehalfoftheOwnerallequipment,supplies,andmaterialsnecessaryforthemaintenanceandoperationoftheProperty;

Torefermattersrequiringlegalservicestoqualifiedprofessionals.(Theseservicesmayincludeevictionproceedingsandsuitsforrecoveryoflostrentsanddamagesabovetheamountofthesecuritydeposits.)

Toexercisealandlord'slienfornon-paymentofrentsandOwnersshallindemnifyandholdharmlesstheAgentexceptincasesofwillfulmisconductorgrossnegligence.

16.LandscapeMaintenance-Duringperiodsofvacancy,OwnerspecificallyauthorizesAgenttoperformallreasonablelandscapemaintenanceandunderstandsthatallsuchchargeswillbepaidfromtheoperatingaccount.

Duringperiodsofoccupancy,ifitisdeterminedbyAgentthatthegroundsarebeingneglectedorabusedbytheresident,OwnerspecificallyauthorizesAgenttoperformlandscapemaintenanceandunderstandsthatallsuchchargeswillbepaidfromtheoperatingaccount.Saidchargeswillbebilledtotheresident,ifsaidchargesremainunpaidforaperiodofsixty(60)daysafterbilling,OwnerauthorizesAgenttoapplyallrentssubsequentlycollectedfirsttosuchcharges,thentorentdue,and,onthisbasis,Agentmayinitiateevictionproceedingsfornon-paymentofrent.

17.HoldHarmless-TheAgentshallaccountforallcollectionsandexpendituresmadehereunderanditisagreedthattheAgentshallnotbeliableexceptforcollectionsactuallyreceived.TheOwneragreestoindemnify,defend,andsaveharmlesstheAgentfromandagainstexpense(includingcourtcostsandattorney'sfees),loss,damage,fines,penalties,claim,demand,cause(s)ofaction,orliabilitiesarisingfromandactsoftheOwner,Agent,orresident.TheAgentisalsoheldharmlessfromanyotherclaim,demand,cause(s)ofaction,orlegalproceedingwhichmaybebroughtagainsttheAgentbyreasonofhisconnectionwiththerentingandmanagementofthepremises,exceptincasesofwillingmisconductorgrossnegligenceonpartofAgent.

18.Consideration-InconsiderationfortheservicestoberenderedtotheOwnerbytheAgentunderthisAgreement,theOwneragreestopayth

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