LA 743 Pro-Owner Management Agreement For Suburban Office Park With Multiple Buildings
This form is a long term management agreement for a suburban office park with multiple buildings. This multi-year agreement specifically itemizes the duties and powers of the manager over such matters as general scope of management, rent collection, employees, relations with contractors and professional third parties (e.g., attorneys and accountants), maintenance and repairs, supervision of tenants, insurance, compliance with the law, payment of expenses, budgets, and leasing activities.
The manager is compensated by payment of a percentage of gross income collected, plus payment of a construction management fee, plus the reimbursement of the manager's out of pocket expenses (including the cost of employee compensation and benefits) arising from its duties under the agreement.
Number of Single Spaced Pages: 25
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