Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

User Stats

78
Posts
44
Votes
David Cook
  • Real Estate Investor
  • Nashville, TN
44
Votes |
78
Posts

Questionable clause in management agreement?

David Cook
  • Real Estate Investor
  • Nashville, TN
Posted

I was looking through a local property manager's contract and I found the following clause that seemed a bit suspect to me:

"Owner shall pay all expenses incurred by Agent, including, but not limited to, reasonable attorneys’ fees and Agent’s costs and time, and any liability fines, penalties or the like, in connection with any claim, proceeding, or suit involving an alleged violation by Agent of Owner, or both, or any law pertaining to fair employment, environment protection, rent control, taxes or fair housing; including but not limited to, any law prohibiting or making illegal discrimination on the basis of race, sex, creed, color, religion, nation origin, or mental or physical handicap. Owner shall pay reasonable expenses incurred by Agent in obtaining legal advice regarding compliance with any law affecting the premises or activities of such."

According to my reading of that passage I would be agreeing to pay any legal costs the agent incurred as a result of violating fair housing laws.  Is this normal or am I misreading something.  All thoughts appreaciated

Loading replies...