Property Management Agreement Sample Page 22

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Because the participation of residents in the management functions of the project has proven
successful in many projects, residents will be given opportunities to be hired and trained to work
at all levels of Development management and maintenance whenever feasible.
Compensation will be a decision between Owner and Manager and considered annually as part
of the Development Budget review.
a. Manager
Will receive general supervision and direction from the appointed CMHA contact. The
Manager will comply with established policies and procedures and not take action
contrary to such guidelines without the Owner’s approval. The Manager will be vested
with authority to make discretionary decisions in the event circumstances occur that are
not covered by written instructions or known policies and procedures.
Duties and Responsibilities: General - The Manager is responsible for assuring that
residents receive prompt, efficient, courteous and quality service. In order to execute this
responsibility, he or she will supervise the general administration and physical operation
of the property. The Manager will keep and maintain posted office hours, which can be
changed with approval of the Owner. The Manager will provide direction to and
assurance that the rental program is properly executed; assure provision and maintenance
of efficient mechanical operations, adequate buildings and equipment; and establishment
of good resident relations. Further, Manager will:
1.
Regularly inspect the building and grounds, noting deficiencies in maintenance
operations and in the physical appearance of the property, deferred maintenance
and other related data, and perform on-site management duties and
responsibilities.
2.
Prepare information for weekly reports based on daily inspections, outlining
property conditions, and a summary of maintenance and operations.
3.
Inform the Owner of observed deferred maintenance and property deficiencies in
writing, noting specifics and recommend corrective measures.
4.
Provide directions and guidance to the maintenance staff, assign work priorities,
and determine the extent of repairs necessary as corrective measures.
5.
Periodically review employee performance, schedule training as needed and
conduct monthly employee evaluations.
6.
Establish rental office procedures for all potential residents and help select those
that qualify; confer with the Owner on all evictions, lease violations and special
arrangements.
Sample Property Management Agreement RAD Conversion Sites
Term:
Page 22

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Parent category: Business