Common use of Compensation of Manager Clause in Contracts

Compensation of Manager. Owner agrees to compensate Manager as follows. Owner agrees to pay the Manager an amount equal to fifty (50%) percent of the first full month's rent as a fee for acquiring, screening, and renting the premises; and further agrees to ten (10%) percent of all rents collected, (minimum $40.00 per month), as a fee for managing the property; which fees, plus any repair expenses, may be deducted by the Manager from rents, and further agrees to abide by the conditions set forth by the Manager to the tenant on the Owner's behalf.

Appears in 2 contracts

Samples: Sample Property Management Agreement, Sample Property Management Agreement

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Compensation of Manager. Owner agrees to compensate Manager as follows. Owner agrees to pay the Manager an amount equal to fifty Twenty (5020%) percent of the first full month's ’s rent for any new tenant placed as a fee for acquiringmarketing property, screeningpresenting property to prospective tenants, fully vetting applicants, and renting the premises; and further agrees to ten Ten (10%) percent of all rents collected, (minimum $40.00 per month), as a fee for managing the property; which fees, plus any repair expenses, may be deducted by the Manager from rents, and further agrees to abide by the conditions set forth by the Manager to the tenant on the Owner's ’s behalf.

Appears in 1 contract

Samples: Property Management Agreement

Compensation of Manager. Owner agrees to compensate Manager as follows. Owner agrees to pay to the Manager [Manager] an amount equal to fifty (50%) fihy percent of the first full month's rent as a fee for acquiringthe acquisition, screening, screening and renting of the premises; property and further agrees to pay ten (10%) percent of all rents collected, (minimum $40.00 per month), collected as a fee for managing the management of the property; which . Additional fees, plus any repair expensescosts, and extra expenses may be deducted by the Manager [Manager] from rents, and further agrees to abide by the conditions set forth by the Manager to the tenant on the Owner's behalf.

Appears in 1 contract

Samples: Property Management Agreement

Compensation of Manager. Owner agrees to compensate Manager as follows. Owner agrees to pay the Manager an amount equal to fifty (50%) percent of the first full month's rent as a fee for acquiring, screening, and renting the premises; and further agrees to ten (10%) percent (however not less than $50 per month) of all rents collected, (minimum $40.00 per month), collected as a fee for managing the property; which fees, plus any repair expenses, may be deducted by the Manager from rents, and further agrees to abide by the conditions set forth by the Manager to the tenant on the Owner's ’s behalf.

Appears in 1 contract

Samples: Property Management Agreement

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Compensation of Manager. Owner agrees to compensate Manager as follows. Owner agrees to pay the Manager an amount equal to fifty twenty five (5025%) percent of the first full month's rent as a fee for acquiring, screening, and renting the premises; and further agrees to ten (10%) percent of all rents collected, (minimum $40.00 per month), as a fee for managing the property; which fees, plus any repair expenses, may be deducted by the Manager from rents, and further agrees to abide by the conditions set forth by the Manager to the tenant on the Owner's behalf. Owner agrees to pay the Manager an amount equal to ten (10%) percent of the first full month's rent as a fee for renewal or extension of an existing/ current lease.

Appears in 1 contract

Samples: Agreement to Manage and Lease Real Estate

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