Ontario Condominium Common Elements Management Agreement

Ontario condo property managers, write up your client contracts with this template Condominium Common Elements Management Agreement.

• The manager is appointed as the condo association’s exclusive agent to perform all routine management, administration, supervision, maintenance, repairs and upkeep of the common elements and areas of the condominium.
• A representative of the manager will attend all regular meetings of the condo board and the annual general meeting of the condo association, and a fee will be charged to the association for that attendance, as part of the management fee.
• The manager is responsible for submitting a proposed budget for each year, for approval by the board, and will consult with the board to establish and/or revise the budget.
• Each of the parties agrees to indemnify and hold the other party harmless from all claims and damages.
• An itemized list of the manager’s duties is attached as a Schedule to the Agreement.

This Ontario Condominium Common Elements Management Agreement is a fully editable MS Word template which can be customized to fit your business needs.