Other Management Fees. Owner will be responsible for fees under the current year's Menu of Services (updated annually), including but not limited to lease renewal fees, onboarding/lockbox fees, bid collection fees, and inspection fees. In the event Owner requests Manager to oversee, supervise, or in any way manage any maintenance or construction project at the Property (a) for which the total estimated or actual expense for labor and materials exceeds $2,500, Owner shall pay Manager a project management fee upon commencement of Manager’s services regarding such project, and such fee shall be equal to 10% of the total project cost. Manager retains the discretion to refuse to oversee, supervise, or in any way manage such project.
Appears in 3 contracts
Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement
Other Management Fees. Owner will be responsible for fees under the current year's Menu of Services (updated annually), including but not limited to lease renewal fees, onboarding/lockbox fees, bid collection fees, and inspection fees. In the event Owner requests Manager to oversee, supervise, or in any way manage any maintenance or SAMPLE construction project at the Property (a) for which the total estimated or actual expense for labor and materials exceeds $2,500, Owner shall pay Manager a project management fee upon commencement of Manager’s services regarding such project, and such fee shall be equal to 10% of the total project cost. Manager retains the discretion to refuse to oversee, supervise, or in any way manage such project.
Appears in 1 contract
Samples: Property Management Agreement