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Ontario Condominium Common Elements Management Agreement
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.
$29.99
Ontario Condominium Resale Agreement
Sell a previously owned condo unit in Ontario with this Agreement of Purchase and Sale of Condominium - Resale.
- This Purchase and Sale Agreement is intended for transactions where neither party is using a realtor, which is called a 'for sale by owner' (or FSBO) transaction.
- It should be used only for an existing condo unit, not for a new condominium, where the units would be sold by the developer.
- This is not the OREA standard form of contract. OREA contracts must be obtained from a member of the Ontario Real Estate Association.
$12.49
