Common use of Annual Clause in Contracts

Annual. Manager shall deliver the following reports on the Property to Owner at the same time that Manager submits the proposed annual budget for Owner’s approval as provided in Section 10.2 below prior to the commencement of each fiscal year: market analysis; rental rate recommendations; a listing of all capital improvements and all repair, maintenance, renovation and replacement expenditures (together with estimated costs for each item) anticipated to be made during the upcoming fiscal year; and a payroll analysis including a salary or wage description for every on-site employee.

Appears in 5 contracts

Samples: Property Management Agreement (Arrived STR, LLC), Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR 2, LLC)

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