The Nassau New York Agreement with Resident Manager of an Apartment Building, also known as the Nassau Agreement, is a legally binding document that outlines the responsibilities, rights, and obligations of the resident manager and the building owner in Nassau County, New York. Under this agreement, the resident manager is appointed to oversee the day-to-day operations of the apartment building, ensuring its smooth functioning and providing a comfortable living experience for the tenants. They play a pivotal role in the maintenance and management of the property. The agreement encompasses various key aspects, such as: 1. Roles and Responsibilities: It clearly defines the duties and responsibilities of the resident manager, which may include property maintenance, rent collection, tenant communication, addressing repair requests, and ensuring compliance with local laws and regulations. 2. Compensation: The agreement stipulates the compensation details for the resident manager, including base salary, benefits, bonuses, and any other perks or incentives. 3. Term and Termination: The agreement specifies the length of the contract and the conditions under which it may be terminated, ensuring clarity for both parties involved. 4. Authority and Decision-making: It outlines the extent of authority granted to the resident manager, detailing their power to make decisions regarding the operation and management of the apartment building, within the constraints set by the building owner. 5. Maintenance and Repairs: The agreement establishes guidelines for property maintenance and repairs, clarifying who is responsible for specific tasks and how they should be addressed. It may also include protocols for emergency situations and required response times. 6. Communication and Reporting: The agreement highlights the importance of effective communication between the resident manager and the building owner, including regular reporting on building activities, financial matters, and any significant issues or incidents. Types of Nassau New York Agreements with Resident Managers: 1. Full-Time Resident Manager Agreement: This type of agreement is for a resident manager who works on-site full-time, typically living in an apartment within the building. They are responsible for overseeing all aspects of the apartment building's management and maintenance. 2. Part-Time Resident Manager Agreement: This agreement is suitable when a resident manager is required for a limited number of hours per week. They may not reside on the property but still perform essential managerial tasks. 3. Temporary Resident Manager Agreement: In situations where a resident manager is needed for a specific period, such as during the absence or unavailability of a permanent manager, a temporary agreement can be established. The terms and conditions are generally adjusted to fit the temporary nature of the role. 4. Independent Contractor Agreement: Instead of having a resident manager as an employee, this type of agreement designates them as an independent contractor. This relationship may offer more flexibility and different compensation arrangements. The Nassau New York Agreement with Resident Manager of an Apartment Building provides a comprehensive framework for a successful working relationship between the resident manager and the building owner. By having a detailed agreement in place, both parties can ensure that their rights and obligations are clearly defined, promoting a harmonious living environment and efficient management of the property.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.