Common use of Real Estate Assessments Clause in Contracts

Real Estate Assessments. To determine the fairness of all real estate tax assessments and to make timely recommendations as to appropriate action and, with Owner's approval, to take such action (including any appeals) at Owner's cost, in timely fashion; and to advise Owner of the dates all taxes are due, to cause timely payment to be made of such taxes out of Owner's funds and to give Owner prompt notice of any need for additional funds.

Appears in 14 contracts

Samples: Asset Management Agreement (Resource Real Estate Investors 7, L.P.), Asset Management Agreement (Resource Real Estate Investors 7, L.P.), Asset Management Agreement (Resource Real Estate Investors 7, L.P.)

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Real Estate Assessments. To determine the fairness of all real estate tax assessments and to make timely recommendations as to appropriate action and, with Ownerthe Association's approval, to take such action (including any appeals) at Owner's cost, in timely fashion; and to advise Owner the Association of the dates all taxes are due, to cause timely payment to be made of such taxes out of Owner's funds and to give Owner the Association prompt notice of any need for additional funds.

Appears in 1 contract

Samples: Asset Management Agreement (Resource Real Estate Investors 6 LP)

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