Property Management Agreement Style 23

13.10 Indemnification by the Property Owner. The Property Owner shall indemnify, defend and hold the Property Manager and its shareholders, members, partners, officers, directors, managers and employees harmless from any and all claims, demands, causes of action, losses, damages, fines, penalties, liabilities, costs and expenses, including reasonable attorneys’ fees and court costs, sustained or incurred by or asserted against the Property Manager by reason of the operation, management, and maintenance of the Project and the performance by the Property Manager of the Property Manager’s obligations under this Agreement, except those which arise from the Property Manager’s gross negligence, willful misconduct or fraud. This agreement may also be terminated by mutual agreement of the parties at any time. Upon termination, Owner shall pay to Manager any fees, commissions and expenses due Manager under terms of this agreement, which are owing to Manager. Please leave a message here and we will get back to you as soon as possible. In the meantime, many issues can be solved at support.landlordstation.com. The template above is a very basic form and may not reflect the laws of the state in which your property is located. It is likely that this will serve as a starting point and that additional provisions will need to added by you. The provisions of this Agreement are independent of and severable from each other, and no provision shall be affected or rendered invalid or unenforceable by virtue of the fact that for any reason any other or others of them may be invalid or unenforceable in whole or in part. (b) In the event that Property Manager is requested by Owner to coordinate and supervise major repairs or improvements to a Property (after its development is completed) that should be capitalized under generally accepted accounting principles (“Capital Expenditures”), Property Manager shall receive a construction supervision fee equal to a percentage of the hard costs of such Capital Expenditures (the “Construction Supervision Fee”) as follows.

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Property Management Agreement Style 23

Looking for a property management agreement template? Priori's sample property management agreement form can help you understand the important terms to include in your property management agreement and how these terms work together in the document. If you care for the deals you have made and want to ensure their protection perhaps this example templates are to serve you best. The specimens are available in word and excel format, so all you need to do is print them and voila! In case you are in charge of maintaining a property or you have a hired official to manage your property, a document to protect your interests in the professional front in needed. The template for property management will offer that Service Agreement and help avoid loopholes in the independent contracts. If you care for the deals you have made and want to ensure their protection perhaps this example templates are to serve you best. The specimens are available in word and excel format, so all you need to do is print them and voila!

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Generic filters
Filter by Custom Post Type
Filter by Categories
Business Formation
Business Management
Business Operations
Business Property
Client and Customer
Construction
Employment
Event
Event & Project Management
Financial
Financial Management
Finder's Fee Agreement
Human Resources
Inventory
IT Project Management
Manufacturing
Personal & Family
Personal Lists, Tracker & Calculator
Real Estate
Website & Services
Will & Estate Planning
Filter by Apps
Excel
Word

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