MULTIFAMILY MANAGEMENT AGREEMENT CHIMNEY SQUARE APARTMENTSMultifamily Management Agreement • December 7th, 2006 • Amrecorp Realty Fund Ii • Real estate • Texas
This management Agreement is made as of and effective the first day of October 20, 2004 by and between ARFT, Inc, General Partner, d/b/a Chimney Square, a Texas Limited Partnership (herein called "Owner"), and Univesco, Inc. a Texas corporation (herein called "Manager"). WHEREAS, Owner is the owner of an apartment community known as Chimney Square Apartments (128 Units) located at 3201 South 23rd Street, Abilene, Texas 79605 (hereinafter collectively referred to as the "Property"). WHEREAS, Manager is in the business of operating and managing residential multifamily properties; and WHEREAS, Owner desires to contract with Manager to obtain Manager's services as an independent contractor for the general maintenance, staffing, operation and management of the Property (and the employment of all personnel employed in connection therewith) in all respects except as limited herein, including matters relating to the leasing, the maintenance of the Property, the compliance with ru
