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Shopping Center Property Management Agreement - $27.99
Document Id : 7154
File Type : Microsoft Word
Hire a property to manage the operations of a shopping mall with this Shopping Center Property Management Agreement.
- Independent Contractor. The property manager is retained as an independent contractor.
- Duties. The property manager's duties include collecting the rent, invoicing tenants, providing services to tenants, enforcing performance of the tenants' lease obligations, and generally managing all aspects of the mall operations.
- Budget. The property manager is responsible for preparing an annual operating budget for the shopping center.
- Insurance. The property manager must maintain a fidelity bond, workers compensation, auto liability and excess liability insurance coverage.
- Compensation. The property manager will be paid a management fee calculated as a percentage of all gross rents, but not to be less than a specified minimum amount.
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