The basic instrument in the real estate management field is the management agreement between the owner and the manager. In the agreement, the manager will usually obligate himself or herself to secure leases for the property, make or arrange for necessary repairs, handle tenant grievances, and collect rent. The emphasis on these particular duties will vary with the nature of the property. For example, deteriorated property will require major attention to rehabilitation.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Oregon Management Agreement of Mobile Home Park is a legally binding contract designed to govern and regulate the management and operation of mobile home parks in Oregon. It outlines the rights, responsibilities, and obligations of both the park owner and the residents within the park. Keywords: 1. Oregon Management Agreement: This refers to the specific set of rules and regulations applicable to mobile home parks within the state of Oregon. 2. Mobile Home Park: Refers to a community or area designated for mobile homes, typically offering amenities and shared facilities. 3. Contract: A legally binding agreement between two or more parties outlining their obligations and responsibilities. 4. Management: The act of overseeing and controlling the day-to-day operations, administration, and maintenance of the mobile home park. 5. Park Owner: The individual or entity who owns the land and facilities of the mobile home park. 6. Residents: Refers to the individuals or families who reside in mobile homes within the park. 7. Rights: Entitlements given to both the park owner and residents, such as access to amenities, quiet enjoyment, and the right to enforce the terms of the agreement. 8. Responsibilities: The duties and tasks that both the park owner and residents are obliged to fulfill, including maintenance, payment of rent, and adherence to park rules. 9. Obligations: Similar to responsibilities, it refers to the duties and tasks that both parties are required to perform under the agreement. 10. Regulations: Rules and guidelines set by the state of Oregon or the park owner to ensure the proper management and operation of mobile home parks. Types of Oregon Management Agreements may include: 1. Standard Management Agreement: The basic type of agreement that covers the general rules, rights, and responsibilities applicable to all mobile home parks in Oregon. 2. Specific Park Management Agreement: A customized agreement tailored to a specific mobile home park, addressing its unique features, amenities, and regulations. 3. Leasehold Management Agreement: For mobile home parks where residents lease the land on which their mobile homes are located. 4. Cooperative Management Agreement: Pertaining to mobile home parks operated by a resident-controlled cooperative, where residents collectively manage and govern the park. These are some potential types of agreements; however, specific names for different agreements may vary based on the individual park and its management structure.
