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Common use of Servicing / Property Management Fee Clause in Contracts

Servicing / Property Management Fee. A quarterly servicing / property management fee from 0.00% to 0.50% paid to Fundrise Servicing, LLC for the servicing, property management, and/or administration of certain investments and loans held by the Company. The servicing fee shall be calculated as an annual percentage of the stated value of the applicable asset and will be deducted at the time that payments on the asset are made. The fee shall be deducted in the expected proportion to the split between deferred and current payments.

Appears in 11 contracts

Samples: Operating Agreement (Fundrise East Coast Opportunistic REIT, LLC), Operating Agreement (Fundrise Midland Opportunistic REIT, LLC), Operating Agreement (Fundrise West Coast Opportunistic REIT, LLC)