Queens New York Contrato de Administración de Condominio entre Comunidad de Propietarios y Agente Administrador - Management Agreement for Condominium Between Owners' Association and Managing Agent

• Category: Empleo - Contratos - Arizona
• State: Multi-State
• County: Queens
• Control #: US-13373BG
• Format: Word

Description

A condominium is a form of housing where an individual own a space, but there is undivided interest over common facilities. This form is a management agreement between an owner's association and a management. A Queens, New York Management Agreement for Condominium between the Owners' Association and Managing Agent is a legally binding contract that outlines the roles, responsibilities, and obligations of both parties involved in the management and administration of a condominium complex in Queens, New York. This agreement is tailored specifically for condominium associations located in Queens, New York, and ensures effective management, maintenance, and smooth operation of the property through the collaboration between the Owners' Association and the Managing Agent. Key components typically included in the Queens, New York Management Agreement for Condominium Between Owners' Association and Managing Agent are: 1. Parties involved: The agreement will clearly state the names and contact information of the Owners' Association and the Managing Agent. 2. Term and Termination: It highlights the start and end date of the agreement, and the conditions under which either party can terminate the contract. 3. Scope of services: This section describes in detail the services to be provided by the Managing Agent, such as financial management, maintenance and repair coordination, insurance management, enforcement of rules and regulations, and administrative support. 4. Compensation: The agreement outlines the compensation structure for the services provided by the Managing Agent, including a breakdown of fees, retainer, or commission rates, and terms of payment. 5. Maintenance and repairs: It defines the responsibilities of both parties regarding the maintenance and repairs of the common areas, individual units, and other shared facilities within the condominium complex. 6. Reporting and communication: This section specifies the frequency and format of regular reports by the Managing Agent to the Owners' Association, including information on financial transactions, maintenance updates, and other relevant matters. 7. Insurance and risk management: It outlines the insurance requirements for the condominium complex and specifies which party is responsible for obtaining and maintaining insurance coverage. 8. Dispute resolution: This section provides a framework for resolving any disputes or conflicts that may arise between the Owners' Association and the Managing Agent during the term of the agreement. There may be different types or variations of the Queens, New York Management Agreement for Condominium Between Owners' Association and Managing Agent, depending on the specific needs and requirements of the particular condominium complex. Some variations may include additional clauses to address specific scenarios like major renovations, lease management, or energy conservation initiatives. In conclusion, a Queens, New York Management Agreement for Condominium between the Owners' Association and Managing Agent is a vital tool to establish clear expectations, define roles, and ensure effective management of a condominium complex in Queens, New York.

A Queens, New York Management Agreement for Condominium between the Owners' Association and Managing Agent is a legally binding contract that outlines the roles, responsibilities, and obligations of both parties involved in the management and administration of a condominium complex in Queens, New York. This agreement is tailored specifically for condominium associations located in Queens, New York, and ensures effective management, maintenance, and smooth operation of the property through the collaboration between the Owners' Association and the Managing Agent. Key components typically included in the Queens, New York Management Agreement for Condominium Between Owners' Association and Managing Agent are: 1. Parties involved: The agreement will clearly state the names and contact information of the Owners' Association and the Managing Agent. 2. Term and Termination: It highlights the start and end date of the agreement, and the conditions under which either party can terminate the contract. 3. Scope of services: This section describes in detail the services to be provided by the Managing Agent, such as financial management, maintenance and repair coordination, insurance management, enforcement of rules and regulations, and administrative support. 4. Compensation: The agreement outlines the compensation structure for the services provided by the Managing Agent, including a breakdown of fees, retainer, or commission rates, and terms of payment. 5. Maintenance and repairs: It defines the responsibilities of both parties regarding the maintenance and repairs of the common areas, individual units, and other shared facilities within the condominium complex. 6. Reporting and communication: This section specifies the frequency and format of regular reports by the Managing Agent to the Owners' Association, including information on financial transactions, maintenance updates, and other relevant matters. 7. Insurance and risk management: It outlines the insurance requirements for the condominium complex and specifies which party is responsible for obtaining and maintaining insurance coverage. 8. Dispute resolution: This section provides a framework for resolving any disputes or conflicts that may arise between the Owners' Association and the Managing Agent during the term of the agreement. There may be different types or variations of the Queens, New York Management Agreement for Condominium Between Owners' Association and Managing Agent, depending on the specific needs and requirements of the particular condominium complex. Some variations may include additional clauses to address specific scenarios like major renovations, lease management, or energy conservation initiatives. In conclusion, a Queens, New York Management Agreement for Condominium between the Owners' Association and Managing Agent is a vital tool to establish clear expectations, define roles, and ensure effective management of a condominium complex in Queens, New York.

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.