OWNER STATEMENTS Sample Clauses
The OWNER STATEMENTS clause requires the property owner to provide regular, detailed reports regarding the financial and operational status of the property. Typically, these statements include information such as income received, expenses paid, and any outstanding balances or issues related to the property. By mandating these disclosures, the clause ensures transparency and accountability between the owner and any third parties, such as property managers or tenants, helping to prevent misunderstandings and disputes over property management and finances.
OWNER STATEMENTS. Render monthly (or ), statements of receipts, expenses and charges for each Property.
OWNER STATEMENTS. Broker shall maintain accurate records of all monies received and disbursed in connection with its management of the Property and said records shall be open for inspection by Property Owner during regular business hours upon reasonable notice. ▇▇▇▇▇▇ agrees to submit monthly statements of all receipts and disbursements by not later than the 15th of the current month. Broker shall also deliver to Property Owner an annual statement for the period ended December 31 of any applicable year during which this agreement is in effect that will be accompanied by an IRS Form 1099, if applicable, and a reporting of expenses paid in that calendar year on or before January 31 of the immediately following year.
OWNER STATEMENTS. Rendered monthly, including a listing of all receipts and payment plus the fees to MYR.
OWNER STATEMENTS. Render monthly statements of receipts, expenses and charges for each Property and mail same to Owners on or about the 20th of each month.
OWNER STATEMENTS. Broker will process and remit all rent payments less disbursements after receipt by Broker of each rental or deposit payment. Even if payment has been previously sent to Owner, as will often be the case, rental proceeds are not deemed earned until the occupancy period associated with such rental proceeds has occurred and therefore, may be refunded in the event of a breach of the Lodging Agreement by Owner as provided herein. Broker shall disburse any rent paid by a Guest to Owner pursuant to the terms of this Agreement. Broker shall use reasonable efforts to collect all rental proceeds due for Owner; however, Broker shall not be liable to Owner for rental proceeds which cannot be collected for any reason, including, but not limited to, credit card charge-backs, bounced checks or fraud. Broker may periodically submit to Owner a complete accounting for all receipts, taxes and disbursements. Broker shall not be obligated to make any legal demands or undertake any litigation on behalf of the Owner.
OWNER STATEMENTS. Manager shall maintain accurate records of all monies received and disbursed in connection with its Management of the property and said records shall be open for inspection by Owner during regular business hours upon reasonable notice. Manager shall submit a monthly report, forward copies of any paid bills and disburse proceeds within 5 days from the receipt of good funds and render monthly statements of receipts, expenses and charges for each Property. Manager agrees to submit monthly statements of all receipts and disbursements by not later than the 15th of the current month. Manager shall also deliver to Owner an annual statement that will be accompanied by a 1099 and a reporting of expenses paid in that calendar year on or before January 31. Owner agrees to receive 1099 form electronically, via the secure Appfolio owner portal.
OWNER STATEMENTS. Prepare and distribute monthly statements of receipts, expenses and charges for each Property no later than the 20th of each month for the prior month’s activities.
OWNER STATEMENTS. Manager shall maintain accurate records of all monies received and disbursed in connection with its Management of the property. Manager shall submit a monthly report, forward copies of any paid bills and disburse proceeds, render monthly statements of receipts, expenses and charges for each Property. Manager agrees to submit monthly statements of all receipts and disbursements by not later than the 10th of the current month. Manager shall also deliver to Owner an annual statement that will be accompanied by a 1099 and a reporting of expenses paid in that calendar year on or before January 31. Owner agrees to receive 1099 form electronically.
OWNER STATEMENTS. Rendered monthly, including a listing of all receipts and payment plus the fees to YPM.
OWNER STATEMENTS. The Statement Period is from the 1st day until the last day of the same month. Owner statements will be finalized between the 25th & 28th day of each month depending on holidays & weekends. Funds will be sent on the next business day after owner statements are finalized. Funds may be withheld, depending on available cash balances, in the two months (April, October) prior to paying property taxes on behalf of the Owner. An e-mail notification will be sent monthly regarding the availability of new Owner statements that are ready to be viewed. Real-time income & expense updates are available online at any time by going to the investor portal found at ▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/investor-portal/. Owner warrants that he or she is the Owner of the property and/or is authorized to enter into this agreement. American Midwest shall not, without the prior written approval of the Property Owner, give free rent, discounts, or rental concessions to any employees, officers or shareholders of American Midwest or anyone related to such employees, officers or shareholders unless such discounts or concessions are disclosed in the Budget or are in lieu of salaries or other benefits to which they would be contractually entitled. American Midwest shall not lease any space to itself or to any of its affiliates or subsidiaries.