|
s
<br />FIA
<br />1488 Seminola Blvd., Casselberry, FL 32707 407 339 5797, Fax407 339 6763 WWW.F1aRent.com
<br />EXCLUSIVE RENTAL MANAGEMENT AGREEMENT
<br />This Agreement is made by and between the Casselberry Community Redevelopment Agency (CRA), 95 Triplet
<br />Lake Drive, Casselberry, Florida 32707, hereinafter referred to as "LANDLORD", "CITY", and/or "OWNER", and
<br />FLARENT, INC., 1488 Seminola Boulevard, Casselberry, Florida 32707, hereinafter called the BROKER, whereby the
<br />LANDLORD engages the BROKER, as EXCLUSIVE AGENT to rent, lease, operate, control and manage the
<br />following, properties:
<br />A. 110 Quail Pond Circle, Casselberry, Florida 32707
<br />Legal Description: Lot 3, Block QB, QUAIL POND ADDITION to Casselberry, Florida,
<br />recorded in Plat Book 7, Pages 45-46 of the Public Records of Seminole County, Florida
<br />B. 120 Quail Pond Circle, Casselberry, Florida 32707
<br />Legal Description: Lot 1, Block QB of QUAIL POND ADDITION to Casselberry, Florida,
<br />recorded in Plat Book 7, Page 46 of the Public Records of Seminole County, Florida
<br />The properties include the entire premises in full UNLESS any areas such as: shed(s), storage closet(s), garage,
<br />attics, crawl spaces, other storage areas, sheds, or rooms are specifically excluded by the LANDLORD in writing.
<br />WHEREAS, the LANDLORD has competitively solicited for property management services, pursuant to RFQ-2017-
<br />0195; and
<br />WHEREAS, the BROKER has exhibited by its response to the solicitation that it is capable of providing the required
<br />services; and
<br />WHEREAS, the parties hereto have agreed to the terms and conditions cited herein based on said solicitation.
<br />NOW, THEREFORE, in consideration of mutual covenants, terms, and provisions contained herein, the parties agree as
<br />follows:
<br />1. TERM: The initial term of this agreement shall be for a period of twelve (12) months, beginning on the 1st
<br />day of June, 2017; and shall be renewed automatically for successive twelve (12) months terms. The
<br />Agreement may be terminated or not renewed in accordance with the Termination Clause. The
<br />LANDLORD agrees to pay the broker a sum of $475.00 of which $75.00 will be used as a setup fee. An
<br />amount of $200.00 per property will be will placed in an escrow account and may be used for additional
<br />advertising and repairs if needed. q )tom pY p � "7 o II 4- Ac�P—
<br />2. TERMINATION: This Agreement may be terminated by either the LANDLORD or BROKER by providing a
<br />minimum of sixty (60) days written notice. The written notice shall state the final date services will be
<br />provided, or the effective date of termination. Should the Agreement be terminated by written notice by
<br />either party to be effective on the last day of the current term there shall be no penalty to either party.
<br />A. By LANDLORD: Should the LANDLORD terminate the agreement prior to the end of the current
<br />term, the LANDLORD shall pay the BROKER the equivalent of one (1) month's management
<br />fee for the units occupied at the time the termination notice is issued.
<br />B. By BROKER: Should the BROKER terminate the agreement prior to the end of the current
<br />term, the BROKER shall immediately remit all monies owed the LANDLORD or monies held on
<br />account or in escrow.
<br />C. BANKRUPTCY OR INSOLVENCY: If the BROKER files a Petition in Bankruptcy, or if the
<br />same is adjudged bankrupt or insolvent by any Court, or if a receiver of the property of the
<br />BROKER is appointed in any proceeding brought by or against the BROKER, or if the
<br />BROKER makes an assignment for the benefit of creditors, or proceedings are commenced on
<br />or against the BROKER's operations, the LANDLORD may terminate this Agreement
<br />immediately notwithstanding the notice requirements as outlined in this Agreement.
<br />3. RENTALS: The BROKER will use his best efforts to lease or rent with the following terms:
<br />A. PRORATED RENT, FIRST MONTH'S RENT AND SECURITY DEPOSIT WILL BE
<br />COLLECTED BEFORE OCCUPANCY. Security Deposit shall be $50.00 less than monthly rent
<br />if rent is $800.00 or more. Any deviation from these terms must be agreed upon by all parties
<br />Last Updated: 0510912017
<br />
|