Products tagged with 'newfoundland and labrador'

Appoint one of your tenants to act as resident manager of your rental building with this Resident Manager Agreement for Newfoundland and Labrador.

This Resident Manager Agreement is designed for landlords in Newfoundland and Labrador who want to appoint one of their tenants as resident manager of their rental building. The agreement formalizes the arrangement and outlines the responsibilities and benefits associated with the role.

Benefits of Having a Resident Manager

Having a resident manager onsite provides convenience for both the landlord and the occupants of the rental building, streamlining management and improving the overall living environment.

Compensation

Under this agreement, the tenant agrees to act as the resident manager in exchange for free or reduced rent. Additionally, the resident manager receives a monthly management fee as part of the compensation for their services.

Resident Manager Responsibilities

• Collecting rent from tenants
• Issuing notices to other tenants as required
• Inspecting rental units when tenants move out
• Showing available units to prospective tenants

Optional Duties

The agreement includes optional provisions allowing the resident manager to take on groundskeeping and building maintenance tasks, further enhancing the upkeep of the property.

Template Features

This contract template is specifically tailored for use in the Province of Newfoundland and Labrador, Canada, ensuring compliance with local regulations and practices. The template is available in MS Word format, making it easy to customize and implement for your specific needs.

Set up a joint venture with this fully editable Joint Venture Agreement template for Newfoundland and Labrador.

• One of the co-venturers will be named as manager of the joint venture, and will receive a management fee for providing such services.
• Upon the death of a co-venturer, their interest will automatically pass to their spouse or children.
• Each co-venturer has a right of first refusal and piggyback rights on the interest of the other parties, in the event of a sale or transfer.
• Any co-venturer may exercise a shot-gun (buy-sell) provision with respect to the interest of another co-venturer.
• This template is available as a downloadable Microsoft Word file which is fully editable to meet your needs.
• Intended for use only in the Province of Newfoundland and Labrador, Canada.