Management Fees and Expenses. As compensation for the services rendered by Manager under this agreement, Owner shall pay Manager as follows: I. Manager shall be paid % of the gross rent per month for managing the Property. II. For leasing vacant residential units: a leasing fee of one (1) month’s rent with a minimum of one thousand dollars ($1000) will be charged. Manager agrees to cooperate with all Realtors. Leasing fees are waived if the owner has an on-site staff on payroll that performs leasing functions. III. To renew a current lease or execute new Bay Management Group Philadelphia Lease for
Appears in 2 contracts
Samples: Property Management Agreement, Property Management Agreement
Management Fees and Expenses. As compensation for the services rendered by Manager under this agreement, Owner shall pay Manager as follows:
I. Manager shall be paid % of the gross rent collected per month for managing the Property.
II. For leasing vacant residential units: a leasing fee of one (1) month’s rent with a minimum of one thousand dollars ($1000) will be charged. Manager agrees to cooperate with all Realtors. Leasing fees are waived if the owner Owner has an on-site staff on payroll that performs leasing functions.
III. To renew a current lease or execute new Bay Management Group Philadelphia Lease forfor renewal of a tenant, Manager will charge a 10% fee of one (1) month’s rent. This will apply to any renewal that is signed for six (6) months or longer in duration and due at the time of execution of renewal.
Appears in 1 contract
Samples: Property Management Agreement
Management Fees and Expenses. As compensation for the services rendered by Manager under this agreement, Owner shall pay Manager as follows:
I. Manager shall be paid % of the gross rent per month for managing the Property.
II. For leasing vacant residential units: a leasing fee of one (1) month’s rent with a minimum of one thousand dollars ($1000) will be charged. Manager agrees to cooperate with all Realtors. Leasing fees are waived if the owner has an on-on- site staff on payroll that performs leasing functions.
III. To renew a current lease or execute new Bay Management Group Philadelphia Lease for
Appears in 1 contract
Samples: Property Management Agreement