Pro-Owner Property Management And Leasing Agreements
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LA 1377 Pro-Owner Construction Management Agreement For Development Of Shopping Center
This construction management agreement is for the engagement of a professional construction management firm to supervise the development of a large shopping center on behalf of the owner.
The agreement is pro-owner in tone, and specifies the compensation to be paid to the manager as a percentage of the development costs of the new center. The agreement also sets forth in considerable detail the management and development services the manager must provide during the term of the engagement. The agreement does not include leasing duties for the manager, which would have to be provided by separate agreement.
Number of Single Spaced Pages: 20
LA 271 Pro-Landlord Office Lease Brokerage Agreement
This agreement is designed for a situation where a landlord engages a brokerage company to lease space in the landlord’s commercial properties.
This particular agreement is very pro-landlord in its provisions, and specifies a deferred compensation arrangements for commissions due under the agreement whereby the second half of the commission is paid only if the tenant takes physical occupancy of the premises following its signing of the lease.
Number of Single Spaced Pages: 8
LA 1541 The Pro-Landlord Exclusive Agency Leasing Agreement
The leasing agreement that follows is a pro-landlord exclusive agency leasing (brokerage) agreement. Among other things, the agreement:
Number of Single Spaced Pages: 7
LA 1439 Aggressively Pro-Owner Property Management Agreement For Large Residential Apartment Complex
This property management agreement is for the engagement of a professional commercial property management firm for a large residential apartment complex. The manager engaged by the agreement is responsible for the overall management of the residential complex as specified in the agreement.
The manager is responsible for the preparation of an annual management plan for the property, in addition to its other duties specified in the agreement.
Number of Single Spaced Pages: 43
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
LA 753 Master Property Management, Leasing And Construction Management Agreement For Portfolio Of Income Producing Properties
The agreement is pro-owner in tone, and specifies the duties of the manager in detail. The manager is required to collect rentals, perform the duties of the landlord under the leases in the portfolio, conduct building inspections, perform necessary maintenance, make expenditures consistent with approved budgets for the properties, hire needed personnel, handle banking matters, supervise accounting, and so forth. The manager is also responsible for supervision of construction on the properties.
The property management fee to be paid to the manager is a percentage of the gross monthly income. The manager is also paid leasing commissions and a construction management fee. The agreement also sets forth in considerable detail the construction services the manager must provide during the term of the engagement.
Number of Single Spaced Pages: 25