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MANAGEMENT AGREEMENT
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ATLAS GROUP LC
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PARTIES:
This agreement between _________________________________ hereinafter
called OWNER, and the Atlas Group LC, hereinafter called BROKER,
whereby in consideration of services to be rendered by BROKER,
OWNER appoints the BROKER as the Exclusive Agent to rent, lease,
operate, control and manage the following described property:
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SUBJECT PROPERTY:
PROPERTY TYPE: ____________________________________________________________
STREET ADDRESS: ___________________________________________________________
CITY: ___________________ STATE: __________ ZIP: ________ PN:
__________________
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TERM:
This agreement shall be for a term of 12 months beginning on
the _____ day of _______ 20 __ and ending on the ______ day
of ______ 20 __ . Either party may cancel this agreement prior
to the expiration date above by giving thirty (30) days advance
notice in writing, and paying all sums due BROKER under the
terms of this agreement. This agreement shall continue on a
month to month basis after the termination date until either
party gives thirty (30) days written notice to terminate this
agreement.
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RENTAL PRICING:
BROKER will use his best efforts to lease or rent the property
named above at a rental price of $______ per month. BROKER is
given the right to rent for as low as $______ per month without
conferring with OWNER. BROKER may increase rents from time to
time as the rental market dictates.
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BROKER'S AUTHORITY:
OWNER hereby grants BROKER the sole and exclusive right to advertise
said premises or any part thereof, to display signs in or about
the premises, to place said property on Multiple Listing Service;
to cooperate with other Brokers as he may see fit; to rent,
lease the Property; to sign, renew, or cancel leases for the
premises or any part thereof; to inspect the Property at such
times as BROKER deems necessary; to hire, discharge, and pay
all contractors, vendors, and other employees; to collect all
rents and other funds that may be due OWNER; to collect security
and cleaning deposits and deposit all money in BROKER'S Trust
Account; to compromise and settle claims; to require releases
from all parties in the event of a controversy before disbursing
Trust funds; to do all those things BROKER deems necessary to
the efficient management of the Property.
All of the above authority and powers given by the OWNER to
the BROKER shall be exercised by the BROKER within the BROKER'S
sole and absolute discretion and judgment and the OWNER agrees
that it will accept the BROKER'S decision with respect to all
of the authority and powers above contained, and the BROKER
and the OWNER agree that it shall have no claim against BROKER
by reason of the BROKER'S exercise of such authority and powers
if the BROKER is found not guilty of any gross negligence.
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