Common use of Owner’s Right to Audit Clause in Contracts

Owner’s Right to Audit. Owner shall have the right to request periodic audits of all applicable accounts managed by Pinnacle and the cost of such audits shall be paid by Owner, as an expense of the Project. Such audits may be made during normal business hours posted at the property with advance notice by Owner. Per Owner request, Agent will engage an independent third party firm to audit the annual records, as well as prepare partnership tax returns at the expense of the property. Pinnacle cannot be held liable for the work product performed by the auditor.

Appears in 10 contracts

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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Owner’s Right to Audit. Owner shall have the right to request periodic audits of all applicable accounts managed by Pinnacle PINNACLE and the cost of such audits shall be paid by Owner, as an expense of the Project. Such audits may be made during normal business hours posted at the property with advance notice by Owner. Per Owner request, Agent will engage an independent third party firm to audit the annual records, as well as prepare partnership tax returns at the expense of the property. Pinnacle PINNACLE cannot be held liable for the work product performed by the auditor.

Appears in 1 contract

Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)

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