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Updated about 1 year ago,
PM Contract has no services listed, only permissions granted
I'm starting with my first LTR, and I just received a PM contract that looks like it gives them a ton of permissions, but doesn't actually say what they promise to do. Also, is 13 months with a 60-day termination a standard term? It seems like they are ensuring they get locked in for a second lease. And at 100% of the rent amount for new leases, 50% for lease extensions, and 10% monthly, I feel like I should know their criteria for finding a tenant, where they will advertise, that professional photos will be taken, their promised service turnaround, etc.
Although they don't say what they WILL include, they do state what is NOT including advice about new construction or renovation, which is part of why I want their expertise.
If someone is happy with their PM and willing to share their contract with me, can you DM me?