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30 November 2017 | 3 replies
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/or other legal proceedings whatsoever and cost incurred therefrom in connection with the management of the Property and from liability for injuries suffered by any employee or other person whomsoever, except in cases of willful misconduct or gross negligence on the part of Agent or its employees, (b) The Owner shall indemnify and hold harmless the Agent from and against any costs, loss, expense or damage (including attorney's fees) suffered or incurred by the Agent arising out of or related to the enforcement of this Agreement arising out of a default or other breach by the Owner, the management, operation, improvement, alteration and leasing of the Property, including all other activities arising out of or related to Agent's duties under this Agreement or as a result of any act or thing done or permitted by the Agent or its agents or employees; provided, however, that such indemnification shall not apply to any such cost, loss, expense or damage to the extent that the same relates to or as a result of conduct by Agent which constitutes willful and wanton misconduct.It seems like if one of the Property Manager workers (aka Agent) slips and hurts himself while cleaning the floor the "Owner" is then responsible.
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5 December 2017 | 7 replies
So maybe if you alter you entry strategy to lower cost and build equity slower to build that long game wealth.
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16 March 2018 | 5 replies
@Ray Realdine I will offer another reason you should think about altering your process.One of my best tenant, a retired school teacher did not apply on Cozy because she did not feel comfortable with entering her social on that site.
25 March 2018 | 6 replies
I’ve used doodle for meetings and it works well but I want something that basically just bings his phone when I alter the schedule without me having to text every time.
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19 March 2018 | 62 replies
They do not alter that process even if a market is overheated.
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31 March 2018 | 61 replies
Following up on #1 above and altering it slightly -- why not take 1/2 of their rental bundle as rent for the first 6 months since you elect to rent the unit now in 6 month intervals and the other 1/2 as the deposit since it matches the amount of a unit of rent.
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8 April 2020 | 8 replies
The largest cost is obviously the plumbing alterations and if you can avoid them.
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4 April 2018 | 10 replies
My query to her was specifically what options to we have in altering the terms and structure of the contract to accommodate.
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30 January 2021 | 22 replies
I may alter the plan but that’s the goals as of now.
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26 February 2018 | 2 replies
The condo board wants the higher of 3% or $6000 as an alteration fee.