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A property management agreement doesn`t just explain the responsibilities that each party will retain. It should also cover legal obligations. A property management contract is a contract between an owner and the company or person responsible for managing the property. This contract covers all the responsibilities that a management company assumes for the owner. A well-formulated agreement includes a…
If the Service Provider is acquired by another company or merged with another company, the Customer may expect its SLA to remain in effect, but this may not be the case. The agreement may need to be renegotiated. Don`t make assumptions; Keep in mind, however, that the new owner does not want to alienate existing customers and therefore may…