Management Fees and Costs. Property Management Fee : Up to 8% of Gross Receipts paid monthly in arrears for property management. Renovation Management Fee (if applicable) : Up to 5.5% of total capital improvement cost for renovation management. Disposition Fee : Up to 8% of total sales price when the Asset is sold, paid within five (5) days after the sale is closed. Assets Under Management Fee : 0.75% per quarter on the gross value of the property
Management Fees and Costs. Manager will incur substantial costs in providing the management, administration, and other items and services described in this Agreement. The fees paid to Manager are intended to be reasonable and reimburse its costs and expenses plus a reasonable return considering the value of the services provided by Manager and the risk Manager is assuming.
Management Fees and Costs. Manager will incur substantial costs in providing the management, administration, and other items and services that are the subject matter of this Agreement. Certain of such costs and expenses can vary to a considerable degree according to the extent of PC’s business and services. It will be impracticable to ascertain and segregate all the exact costs and expenses that will be incurred by Manager from time to time in the performance of its obligations under this Agreement. However, it is the intent of the Parties that the fees paid to Manager be reasonable and reimburse its costs and expenses plus a reasonable return considering the investment and risk taken by Manager and the value of the services provided by Manager.
Management Fees and Costs. Manager will incur substantial costs in providing the management, administration, and other items and services that are the subject matter of this Agreement. Certain of such costs and expenses can vary to a considerable degree according to the extent of PA’s business and services. It will be impracticable to ascertain and segregate all the exact costs and expenses that will be incurred by Manager from time to time in the performance of its obligations under this Agreement. However, it is the intent of the Parties that the fees paid to Manager be reasonable and reimburse its costs and expenses plus a reasonable return considering the investment and risk taken by Manager and the value of the services provided by Manager.
