Products tagged with 'condo management contract'

Hire a rental agent to manage a rental pool of condo units under this Condominium Rental Management Agreement template.

• The Agreement is between a group of condo owners and a property manager.
• The owners who are renting their units establish a rental pool and a repair and maintenance pool to allow the owners to share the expenses equally among the units being rented.
• The rental agent's responsibilities include collecting rent, executing and terminating leases or tenancy agreements, ensuring that tenants fulfill their obligations, and advertising and marketing units as they become vacant.
• Each owner is responsible for their own mortgage payments, taxes, rental expenses, and other costs associated with their unit.
• You can download the Condominium Rental Management Agreement immediately after purchasing it.

Property managers, use this Condominium Common Property Management Agreement template to prepare contracts for your clients.

• The Agreement sets out the property manager's duties and responsibilities for managing and maintaining the common areas of the condo project.
• The property manager has the authority to contract with janitorial and other services on behalf of the condo corporation.
• The property manager is responsible for providing information and arranging annual meetings of the homeowners' association.
• This is a generic legal contract which is not specific to any country or region.
• Available in MS Word format.

Hire a property manager for a residential condo building in the Province of Quebec with this easy-to-use template Property Management Agreement.

• The agreement is between the condominium syndicate and a property management services firm who will manage the immovable property and common areas of the condo project.
• The property manager has the authority to start legal proceeds on behalf of the syndicate in the performance of its duties (such as to collect rent, condo fees or other amounts owed to the syndicate).
• The liability of the property manager is limited.
• The syndicate indemnifies the property manager for any liability resulting from the performance of its duties under the agreement.
• The syndicate is responsible for carrying liability insurance, and for paying the costs of any architectural or engineering drafts, drawings, estimates, etc.
• This Quebec Condominium Property Management Agreement template is available as a fully editable MS Word document. English-language version only.

If you're a condo property manager in Alberta, you'll love how easy it is to write your client contracts with this downloadable template.

Purpose of Agreement

This Agreement is between a condominium association and a property manager who will provide management and maintenance services of the condominium's common property.

Property Manager's Services

• The property manager has the authority to negotiate and sign service contracts on behalf of the condo corporation.
• The manager is responsible for arranging and preparing documents for the annual meetings of the corporation, including sending notices to the individual unit owners.
• The manager will undertake all actions and perform all services necessary to maintain and operate the building.

Applicable Law

The Agreement complies with the applicable provisions of the Alberta Condominium Property Act.

Format and Use of Document

This Condominium Common Property Management Agreement template is available for download in MS Word format. It is fully editable and reusable, making it flexible and cost-effective.

The legal document is intended for use only in the Province of Alberta, Canada.

Draw up an agreement to manage the common elements of an Ontario condominium with this downloadable Management Agreement template.

Scope of Agreement

The property manager is appointed as the condo association's exclusive agent to perform all routine management, administration, supervision, maintenance, repairs and upkeep of the common elements and areas of the condominium.

Duties of Condo Property Manager

• The property manager will attend all regular meetings of the condo board and the annual general meeting of the condo association, and a fee will be charged to the association for that attendance, as part of the management fee.
• The property manager is responsible for submitting a proposed budget for each year, for approval by the board, and will consult with the board to establish and/or revise the budget.
• An itemized list of the property manager's duties is attached as a Schedule to the Agreement.

Indemnification Provision

Each of the parties agrees to indemnify and hold the other party harmless from all claims and damages.

Format and Legal Jurisdiction

This Condominium Common Elements Management Agreement is available in MS Word format and is fully customizable to fit your specific needs.

This legal document is intended to be used only in the Province of Ontario, Canada.