Common use of Accounting Statements Clause in Contracts

Accounting Statements. Agent shall maintain accurate records of monies received and render to Owner a monthly and year end electronic statement of receipts and disbursements, remitting any balance shown due Owner. As required by law, at the end of each calendar year, the Owner will receive a 1099 I.R.S. tax form on all rental income received by the Agent. If Owner chooses a hard copy of financial statements to be delivered by mail, an additional $5.00 per month will be charged. Email Address: Email Address Mail to: N/A

Accounting Statements. Agent shall maintain accurate records of monies received and render to Owner a monthly and year end electronic statement of receipts and disbursements, remitting any balance shown due Owner. As required by law, at the end of each calendar year, the Owner will receive a 1099 I.R.S. tax form on all rental income received by the Agent. If Owner chooses a hard copy of financial statements to be delivered by mail, an additional $5.00 per month will be charged. Email Address: Email Address _______________________ Mail to: N/A_________________________________________________