Third Party Property Manager definition
Examples of Third Party Property Manager in a sentence
Cut-Off/Substitution Date Deal Name Property ID7 Property Manager Third Party Property Manager Property Address City Zip Code MSA 6 With respect to any property where HOA fees are prepaid annually, all data fields may be completed as if the frequency were annual and the due date were the next anticipated prepayment date.
The Property Manager and / or the Third Party Property Manager shall employ, directly or through third party contractors (e.g., an employee leasing company), at all times a sufficient number of capable employees to enable the Property Manager and / or the Third Party Property Manager to properly, adequately, safely and economically manage, operate and maintain the Property.
The Property Manager and / or the Third Party Property Manager shall make payments under any such contract or purchase order to enable the Tenants in Common to take advantage of any such discount if the Tenants in Common provide sufficient funds therefore.
The Property Manager may engage, oversee and supervise a Third Party Property Manager approved by the Lender to directly manage the day-to-day operations of the Property and to operate and maintain the Property in accordance with the terms of this Agreement.
Cut-Off/Substitution Date Deal Name Property ID5 Property Manager Third Party Property Manager Property Address City Zip Code MSA County State Acquisition Date Acquisition Type (MLS, Trustee, Short-Sale, REO-Sale, Mini-Bulk, Bulk, or Non-Trustee) Property Seller (if Acquisition Type is Mini-Bulk or Bulk) Purchase Price Hard Cost Mixed Cost Closing Cost Other Cost Total Cost (Post-Rehab) 5 Use Property ID as of Acquisition Date.
In making any contract or purchase hereunder, the Property Manager and / or the Third Party Property Manager shall use reasonable efforts to obtain favorable discounts for the Tenants in Common and all discounts, rebates or commissions under any contract or purchase order made hereunder shall inure solely to the benefit of the Tenants in Common.
Cut-Off/Substitution Date Deal Name Property ID7 Property Manager Third Party Property Manager Property Address City Zip Code MSA County State Acquisition Date Acquisition Type (MLS, Trustee, Short-Sale, REO- Sale, Mini-Bulk, Bulk, or Non-Trustee) Property Seller (if Acquisition Type is Mini-Bulk or Bulk) Purchase Price Hard Cost Mixed Cost Closing Cost Other Cost Total Cost (Post-Rehab) Renovation Complete – Yes or No Renovation Completion Date 7Use Property ID as of Acquisition Date.
The Property Manager and / or the Third Party Property Manager shall pay actual and reasonable expenses for materials and labor for such purposes from the Operating Account.
The Third Party Property Manager shall be compensated by the Property Manager and the Tenants in Common shall not be responsible for the Third Party Property Manager’s management fee.
The Property Manager and / or the Third Party Property Manager shall obtain and keep on file a certificate of insurance which shows that each contractor and subcontractor is so insured.