Common use of The Board must Retain a Property Manager at All Times and May Delegate Powers and Duties to It Clause in Contracts

The Board must Retain a Property Manager at All Times and May Delegate Powers and Duties to It. (a) The Board must retain a Property Manager at all times and may delegate all of the Association’s powers and duties to the Property Manager, unless this Agreement expressly says that the Association or the Board must exercise a particular power or perform a particular duty itself. If this restriction is not stated, the Board may elect to give that power and duty to the Property Manager. (b) Each contract with a Property Manager must provide that: (i) the term may not be longer than one (1) year; (ii) the Property Manager is always subject to the direction of the Board, except that the Property Manager shall be obligated at all times, and without any direction from the Board, to immediately notify the City of Kawartha Lakes if the Property Manager has reason to believe that an Owner has acquired legal or beneficial ownership of more than seven (7) Intervals at a single Cottage; (iii) the Association or the Property Manager may terminate the contract without cause upon not less than sixty (60) days written notice except that termination shall not occur during the Summer Season; and (iv) on or before the effective date of any resignation by the Property Manager, or of any termination of the contract, the Property Manager must turn over to the Board all books and registers, employee and employment registers, licenses and permits, relating to the management and operation of the Property, whether maintained or held in the Property Manager’s name or in the name of the Association or the Property and whether in written form or as computer data or otherwise, all of which are and shall be the Property of the Association. (c) Any subcontract between the Property Manager and a subcontractor must incorporate into it the same provisions referred to in Section 3.09(c) above.

The Board must Retain a Property Manager at All Times and May Delegate Powers and Duties to It. (a) The Board must retain a Property Manager at all times and may delegate all of the Association’s powers and duties to the Property Manager, unless this Agreement expressly says that the Association or the Board must exercise a particular power or perform a particular duty itself. If this restriction is not stated, the Board may elect to give that power and duty to the Property Manager. (b) Each contract with a Property Manager must provide that: (i) the term may not be longer than one (1) year; (ii) the Property Manager is always subject to the direction of the Board, except that the Property Manager shall be obligated at all times, and without any direction from the Board, to immediately notify the City of Kawartha Lakes if the Property Manager has reason to believe that an Owner has acquired legal or beneficial ownership of more than seven (7) Intervals at a single Cottage; (iii) the Association or the Property Manager may terminate the contract without cause upon not less than sixty (60) days written notice except that termination shall not occur during the Summer Season; and (iv) on or before the effective date of any resignation by the Property Manager, or of any termination of the contract, the Property Manager must turn over to the Board all books and registers, employee and employment registers, licenses and permits, relating to the management and operation of the Property, whether maintained or held in the Property Manager’s name or in the name of the Association or the Property and whether in written form or as computer data or otherwise, all of which are and shall be the Property of the Association. Manager, if authorized by the Board, may represent the Association in any lawsuit or other legal proceedings about the Property, the Association, the Cottages. (c) Any subcontract between the Property Manager and a subcontractor must incorporate into it the same provisions referred to in Section 3.09(c) above.

The Board must Retain a Property Manager at All Times and May Delegate Powers and Duties to It. (a) The Board must retain a Property Manager at all times and may delegate all of the Association’s powers and duties to the Property Manager, unless this Agreement expressly says that the Association or the Board must exercise a particular power or perform a particular duty itself. If this restriction is not stated, the Board may elect to give that power and duty to the Property Manager. (b) Each contract with a Property Manager must provide that: (i) the term may not be longer than one (1) year; (ii) the Property Manager is always subject to the direction of the Board, except that the Property Manager shall be obligated at all times, and without any direction from the Board, to immediately notify the City of Kawartha Lakes if the Property Manager has reason to believe that an Owner has acquired legal or beneficial ownership of more than seven (7) Intervals at a single Cottage; (iii) the Association or the Property Manager may terminate the contract without cause upon not less than sixty (60) days written notice except that termination shall not occur during the Summer Season; and (iv) on or before the effective date of any resignation by the Property Manager, or of any termination and Not all of the contractAssociation‘s powers and duties are expressly and specifically described in this Agreement and the Rules. Rather, this Agreement and the Property Manager must turn over Rules are to the Board all books and registers, employee and employment registers, licenses and permits, relating be interpreted to the management and operation of the Property, whether maintained or held in the Property Manager’s name or in the name of give the Association or broad and general powers and duties, and the Property Association may exercise these powers and whether duties, even on matters that are not expressly and specifically covered in written form or as computer data or otherwise, all of which are this Agreement and shall be the Property of the AssociationRules. (c) Any subcontract between the Property Manager and a subcontractor must incorporate into it the same provisions referred to in Section 3.09(c) above.