[{"id":"f21cb4b6-ccb0-4f8f-b0f2-4cfcb44c20e9","order":10,"text":"PROPERTY MANAGEMENT AGREEMENT","fontSize":"20","textAlign":"center","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"21b74cc6-39c8-44bb-bc38-885f3c057852","order":20,"text":"(Appointment of Managing Agent)","fontSize":"14","textAlign":"center","bold":false,"underline":false,"marginBottom":"24","cflou":false,"active":true},{"id":"298d1f4c-44af-4959-b922-9b0e36d33a64","order":30,"text":"THIS PROPERTY MANAGEMENT AGREEMENT (the "Agreement") is made effective as of [Effective date].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"002da41f-15f6-417b-b0a1-9a8c104ad2b4","order":40,"text":"BETWEEN:","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"8e33e159-50be-4542-bb0b-072514c21bd5","order":50,"text":"[Owner full name], an individual residing at [Owner address],","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true,"displayConditions":[{"field":"8075def9-c8b9-47c2-8716-e189f4e0ed78","value":"company","type":"remove","operator":"="}]},{"id":"7253ae82-1cd1-4b0a-9837-dfc829845885","order":60,"text":"[Owner corporate name], a corporation incorporated under the laws of [Jurisdiction of incorporation], having its registered office at [Registered office address], herein represented by [Authorized representative], its [Title], duly authorized,","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true,"displayConditions":[{"field":"8075def9-c8b9-47c2-8716-e189f4e0ed78","value":"individual","type":"remove","operator":"="}]},{"id":"7fc5fb6d-0936-453e-a967-248d2e3f5f07","order":70,"text":"(the "Owner");","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"5d767dbe-40e1-47a2-8f5d-26aa0238b1c8","order":80,"text":"AND:","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"c34d8481-83e0-4044-b50a-ad398b7aaf74","order":90,"text":"[Manager name], a property management firm having its principal place of business at [Manager address], herein represented by [Manager representative], its [Title], duly authorized,","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"f533a16b-ddc7-427c-bb83-1c1503782c68","order":100,"text":"(the "Manager");","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"9660c6b2-7a4e-4399-8502-4ad16c966210","order":110,"text":"The Owner and the Manager are referred to collectively as the "Parties" and individually as a "Party".","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"18","cflou":false,"active":true},{"id":"1fef4ad8-0e33-4dcb-8714-e6ec61917089","order":120,"text":"RECITALS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"f2a7dcf4-11f2-4bbc-ada9-4f442d2bc141","order":130,"text":"WHEREAS the Owner is the registered owner of, or otherwise holds sufficient interest in, the real property described in this Agreement and wishes to engage a professional managing agent to administer that property;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"a1c589e8-107d-4fdd-b1e3-82f540c413f0","order":140,"text":"AND WHEREAS the Manager carries on the business of property management and represents that it has the experience, personnel and any licence or registration required by applicable law to provide the services described herein;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"f0fbf241-f29b-494a-8a36-6ea8852bbb0e","order":150,"text":"AND WHEREAS the Parties wish to record the terms upon which the Manager is appointed and will act on behalf of the Owner;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"b39def1c-3dfd-40ec-88fa-bf17ef1f6126","order":160,"text":"NOW THEREFORE in consideration of the mutual covenants set out below and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Parties agree as follows:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"18","cflou":false,"active":true},{"id":"e00aacba-bc75-4004-accc-63fa8da9c419","order":170,"text":"ARTICLE 1 — DEFINITIONS AND INTERPRETATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"1ccdbf22-54bd-4398-9795-6993ee6c7c4f","order":180,"text":"In this Agreement, unless the context otherwise requires:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"f4fbcfc6-39fc-4f06-ac3c-6036ecd5637c","order":190,"text":"(a) "Gross Rental Revenue" means all rents and other recurring amounts actually collected from tenants and occupants of the Property during a given period, excluding refundable deposits and taxes collected on behalf of any authority;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"ee2e37a6-0c89-4035-8ee8-1a50ce839eef","order":200,"text":"(b) "Operating Account" means the bank account established and maintained by the Manager for the receipt of revenue and the payment of operating expenses of the Property;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"ea31a21a-a632-45bc-8b31-e09f5032e559","order":210,"text":"(c) "Trust Money" means all money received by the Manager for or on behalf of the Owner, including rents, deposits and other receipts relating to the Property;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"bccee7f3-4428-41b0-b1ef-c9dffae69f7e","order":220,"text":"(d) "Applicable Law" means all statutes, regulations, by-laws and orders in force in the Province governing the Property, residential or commercial tenancies, real estate services and the holding of trust money.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"49aa9339-792c-4ef4-8d36-9081829d6d80","order":230,"text":"Headings are inserted for convenience only and do not affect interpretation. Words importing the singular include the plural and vice versa. All references to currency are to Canadian dollars (CAD).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"543f2dda-3f1f-42a5-96ac-5d95ccdd7773","order":240,"text":"ARTICLE 2 — APPOINTMENT AND THE PROPERTY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"d6667be8-7cd3-45db-907f-7bda62a22b49","order":250,"text":"The Owner hereby appoints the Manager, and the Manager accepts the appointment, to manage and administer the property located at [Property address] (the "Property").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"1f69667e-f4b0-442f-8429-8f56223a681f","order":260,"text":"The legal description, parcel identifier or roll number of the Property is [Legal description / PID / roll number], as recorded in the applicable land registry or assessment records.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"b0a7e029-2a46-4836-a06d-15a7b96726fb","order":270,"text":"The Property is a residential property comprising [Number of units] unit(s).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"4ea5f755-624f-4433-8b26-bdf07a3c94db","order":280,"text":"Being a residential property, the Manager shall administer all tenancies in accordance with the residential tenancies legislation of the Province, including all rules governing rent increases, notices and security deposits.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"7860b868-4dcf-4736-ac09-a66db1fed9fa","value":"residential property","type":"add","operator":"="}]},{"id":"afa93767-8053-494e-8129-b8dd430107ce","order":290,"text":"Being a commercial property, the Manager shall administer all leases in accordance with their commercial terms and applicable commercial tenancy legislation, and the residential tenancies legislation shall not apply.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"7860b868-4dcf-4736-ac09-a66db1fed9fa","value":"commercial property","type":"add","operator":"="}]},{"id":"7e34bedc-5375-4f60-9ba0-403067227041","order":300,"text":"Being a mixed-use property, the Manager shall apply the residential tenancies legislation to the residential units and the applicable commercial tenancy rules to the commercial units, treating each component according to its character.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"7860b868-4dcf-4736-ac09-a66db1fed9fa","value":"mixed-use property","type":"add","operator":"="}]},{"id":"8a3d81a9-92ae-40db-b07e-c6d9442f2f30","order":310,"text":"The appointment is granted on an exclusive basis. During the Term, the Owner shall not appoint any other agent to manage the Property and shall refer all enquiries concerning its management to the Manager.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"f0cd385f-1004-470a-9114-b2f2fdcf0a18","value":"exclusive","type":"add","operator":"="}]},{"id":"406366f3-b3b9-449c-a9ed-4c15246f71db","order":320,"text":"The appointment is granted on a non-exclusive basis. The Owner may engage other agents in respect of the Property, provided that the Owner shall not thereby diminish the Manager's entitlement to the fees earned on the services it actually performs.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"f0cd385f-1004-470a-9114-b2f2fdcf0a18","value":"non-exclusive","type":"add","operator":"="}]},{"id":"cf715919-7fd8-4645-9fc7-7f52d7e9c58a","order":330,"text":"The Manager shall at all times act as the agent of the Owner and not as a principal, and shall owe the Owner the duties of care, loyalty, full disclosure and accounting consistent with that relationship.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"ea38bd2f-a585-472b-aef1-5cc83013f2ea","order":340,"text":"ARTICLE 3 — DUTIES AND AUTHORITY OF THE MANAGER","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"6b856eb1-d5fe-4f00-872c-cf448331a053","order":350,"text":"The Manager shall manage the Property in a diligent and professional manner and, for that purpose, is authorized and directed to:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"63c0a21a-fa4d-423c-9c66-195636b33f45","order":360,"text":"(a) market vacant units, screen prospective tenants, negotiate and sign leases and tenancy agreements on commercially reasonable terms, and renew or terminate them in accordance with Applicable Law;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"996e1a56-5a12-4946-917d-f16daae6724b","order":370,"text":"(b) collect rents, deposits, fees and other amounts due, issue receipts, and take reasonable steps to recover arrears, including the service of notices and, where instructed, the commencement of proceedings before the competent tribunal or court;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"772b601d-b0cd-4e11-8b36-c6372c517d1a","order":380,"text":"(c) hold all deposits in accordance with Applicable Law and account for any interest payable thereon;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"6f901113-ce97-4a82-9e90-3417b9e64e25","order":390,"text":"(d) arrange for the ordinary repair, maintenance, cleaning and servicing of the Property, and engage and supervise contractors and employees as reasonably required;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"44d9d23f-a43b-44d9-8aaf-9ffed1bc6f84","order":400,"text":"(e) pay, out of the Operating Account, the operating expenses of the Property, including utilities, municipal taxes, insurance premiums, service contracts and approved repairs;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"4b3fb355-71c1-478c-8469-419aa38e890e","order":410,"text":"(f) conduct periodic inspections of the Property and keep the Owner reasonably informed of its condition and of any material matter affecting it;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"9beb1c73-2c33-4cfb-92ba-38f24d2c0eb7","order":420,"text":"(g) advertise and market vacant units through reasonable channels, hold viewings, and hold and control keys, access devices and security codes for the Property;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"8f6f6007-78e9-491c-a3e1-d2276b9d8680","order":430,"text":"(h) maintain reasonable arrangements for receiving and responding to emergency and after-hours communications from tenants;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"8d63cde0-a0c9-4009-99bb-86309faa7ef5","order":440,"text":"(i) select tenants on lawful, non-discriminatory criteria in compliance with applicable human rights legislation, and decline any instruction that would require discrimination prohibited by law;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"4","cflou":false,"active":true},{"id":"55827860-a271-405d-ae3a-4c3cdd65b0c8","order":450,"text":"(j) maintain complete books and records of all transactions relating to the Property and render the statements of account required by this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"0e403e75-b308-40e6-960d-aba397f13bd5","order":460,"text":"ARTICLE 4 — LIMITS ON AUTHORITY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"66f4cbf2-9d4d-4df6-b545-08032a3fc83b","order":470,"text":"Notwithstanding the Manager's authority under the Article entitled "Duties and Authority of the Manager", the Manager shall not, without the prior written approval of the Owner, incur any single expenditure for repairs, alterations or capital items exceeding [Repair approval limit] (CAD), except in an emergency.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"febd47b5-0361-4c0f-8962-4cc8f4bc20de","order":480,"text":"In an emergency threatening life, safety or the integrity of the Property, the Manager may take all steps reasonably necessary to protect persons and property and incur the resulting expense without prior approval, and shall notify the Owner as soon as practicable thereafter.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"449f5f96-71bd-461b-a8dd-b837984a034c","order":490,"text":"The Manager shall not, without the Owner's prior written approval, borrow money in the Owner's name, encumber the Property, or commit the Owner to any obligation extending beyond the Term other than tenancies entered into in the ordinary course.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"fce15ebb-b4a6-4276-8fc5-151fbe193c0b","order":500,"text":"ARTICLE 5 — TRUST MONEY, ACCOUNTING AND REMITTANCES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"78c42558-0ce5-42f7-ba62-b5c3de200ca3","order":510,"text":"The Manager shall establish and maintain a designated trust account in the name of the Manager, held in trust for the Owner, at [Trust account financial institution], being a financial institution authorized to carry on business in Canada. All Trust Money received by the Manager shall be deposited into that account without delay and in any event within the time required by Applicable Law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"23c3b1f9-cae4-4acd-a0dd-fec3bf761872","order":520,"text":"The Manager shall not commingle Trust Money with its own funds or with money held for any other person, shall not use Trust Money to discharge its own obligations, and shall draw on the account only for purposes authorized by this Agreement or by Applicable Law. The Manager shall reconcile the account at least monthly.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"14888d72-f0c4-41f2-b471-8ecf1418810e","order":530,"text":"In respect of the residential units, tenant security and rent deposits shall be held and accounted for strictly in accordance with the residential tenancies legislation of the Province, including any obligation to pay interest and to return deposits within the prescribed time, and shall not be applied except as that legislation permits.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"7860b868-4dcf-4736-ac09-a66db1fed9fa","value":"commercial property","type":"remove","operator":"="}]},{"id":"4f4e245f-8f5b-4b1c-83fc-86055f67ecf9","order":540,"text":"In respect of the commercial units, security deposits shall be held and applied in accordance with the terms of the relevant lease.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"7860b868-4dcf-4736-ac09-a66db1fed9fa","value":"residential property","type":"remove","operator":"="}]},{"id":"916277c3-fb65-4d54-9f51-567e30d21098","order":550,"text":"Any interest earned on Trust Money shall accrue to and be remitted to the Owner.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"b571740f-1fb9-43d5-9d94-e78fd1e23196","value":"owner","type":"add","operator":"="}]},{"id":"ffef875c-fa82-48f9-a92a-2267408abf96","order":560,"text":"Any interest earned on Trust Money shall be retained by the Manager as permitted by Applicable Law, in partial consideration for the administration of the account.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"b571740f-1fb9-43d5-9d94-e78fd1e23196","value":"manager","type":"add","operator":"="}]},{"id":"fdbe07d6-a9ff-46e3-b1bb-940146dde9ba","order":570,"text":"The Manager shall maintain a working balance (float) in the Operating Account of [Operating float / reserve] (CAD), which the Owner shall fund and replenish on demand, to enable the prompt payment of operating expenses. The Manager is not obliged to advance its own funds and may suspend discretionary disbursements if the float is not maintained.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"0836d343-3dec-44e3-bb4f-a8f02153fe18","order":580,"text":"The Manager shall, on or before the [Day of month] day of each month, remit to the Owner the net revenue collected for the preceding period, being Gross Rental Revenue less the Manager's fees, approved expenses and the agreed float, together with a written statement of account itemizing all receipts and disbursements.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"91242597-7460-41df-972d-c692ae9b41b5","order":590,"text":"Within ninety (90) days after the end of each calendar year, the Manager shall provide the Owner with an annual statement of account and such summaries of income and expenses as the Owner may reasonably require for income tax purposes.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"54d38b7b-222e-48be-9ff7-1a39fd3b7008","order":600,"text":"The Manager shall keep its books and records relating to the Property available for inspection by the Owner or the Owner's representatives, on reasonable notice, during normal business hours, and shall retain them for the period required by Applicable Law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"9f804178-393c-486d-800b-e1d681112eb6","order":610,"text":"ARTICLE 6 — MANAGEMENT FEES AND COMPENSATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"1aa14f05-ca1e-4128-895a-180497e8d18d","order":620,"text":"In consideration of the management services, the Owner shall pay the Manager a management fee equal to [Percentage]% of the Gross Rental Revenue collected, payable monthly and deductible by the Manager from the amounts it collects.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"9496d684-0b14-4309-8d4b-6a7cd4dbc5b5","value":"percentage","type":"add","operator":"="}]},{"id":"e10ece4c-7926-41fc-a5f8-37f9d10439ea","order":630,"text":"In consideration of the management services, the Owner shall pay the Manager a fixed management fee of [Flat monthly fee] (CAD) per month, payable monthly and deductible by the Manager from the amounts it collects.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"9496d684-0b14-4309-8d4b-6a7cd4dbc5b5","value":"flat","type":"add","operator":"="}]},{"id":"602b4308-d568-48fa-9358-335d2ff30c14","order":640,"text":"For securing a new tenancy, the Owner shall pay the Manager a leasing fee of [Leasing fee], payable upon the commencement of the new tenancy.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"c93aad33-d776-491f-8b53-9bd1308aad13","order":650,"text":"For each renewal of an existing tenancy procured by the Manager, the Owner shall pay a renewal fee of [Renewal fee], payable upon the commencement of the renewal term.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"32d67cae-9fd3-4b4a-ab6a-e22883aa6a38","order":660,"text":"All fees are exclusive of applicable taxes (including GST/HST), which the Owner shall pay in addition. Amounts not paid when due bear interest at the rate of 1.5% per month (18% per annum) from the due date until payment.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"95aec4ef-2001-40d3-9bbf-7163043d544f","order":670,"text":"ARTICLE 7 — OBLIGATIONS OF THE OWNER","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"bbb229d9-6b37-42ba-bb2d-dc6e9ac2bc26","order":680,"text":"The Owner shall: (a) provide the Manager with accurate information and all documents reasonably required to manage the Property; (b) keep the Property insured as required by the Article entitled "Insurance" and provide evidence thereof; (c) fund the Operating Account and reimburse approved expenses promptly; (d) refrain from interfering with the Manager's lawful performance of its duties; and (e) promptly disclose to the Manager any defect, claim or proceeding affecting the Property of which the Owner becomes aware.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"8ad4af8b-01e7-4796-85a9-0df1d602bfe9","order":690,"text":"The Owner represents and warrants that it has full right and authority to enter into this Agreement and to appoint the Manager in respect of the Property, and that the Property complies, to the best of the Owner's knowledge, with Applicable Law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"e268f1c1-9935-4b27-94ad-996dee7072a3","order":700,"text":"ARTICLE 8 — INSURANCE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"94c830c8-e21b-41e1-aef1-02af40b724d2","order":710,"text":"The Owner shall, at its own expense, maintain property and commercial general liability insurance over the Property in amounts and on terms consistent with prudent ownership, and shall cause the Manager to be named as an additional insured. The Manager shall maintain such errors and omissions and commercial general liability insurance as is customary for its business.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"5c7023df-1878-4437-8044-0f895fce1e96","order":720,"text":"Each Party shall provide the other with certificates of insurance upon request and shall give reasonable notice of any cancellation or material change in coverage.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"5fe834fc-aedb-4338-a243-55beb7f45a94","order":730,"text":"ARTICLE 9 — LIABILITY AND INDEMNIFICATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"0b53c62c-63e4-4f70-9d04-a882ec515ac1","order":740,"text":"The Manager shall perform its duties with reasonable care and skill but shall not be liable to the Owner for any loss except to the extent that the loss results from the Manager's gross negligence, wilful misconduct or fraud. The Manager shall not be liable for the acts or defaults of any tenant, contractor or third party engaged in good faith on the Owner's behalf.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"54d2d50f-fd39-42e9-8478-59b84c5c6caa","order":750,"text":"The Owner shall indemnify and hold the Manager harmless from and against all claims, liabilities, costs and expenses (including reasonable legal fees) arising from the management of the Property or the performance of this Agreement, except those arising from the Manager's gross negligence, wilful misconduct or fraud.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"271866db-1f85-4b49-ad84-3e259a741709","order":760,"text":"Except in the case of gross negligence, wilful misconduct or fraud, the aggregate liability of either Party to the other for matters arising under this Agreement shall not exceed the total management fees paid during the twelve (12) months preceding the event giving rise to the claim. In no event shall either Party be liable for indirect, consequential or punitive damages.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"c7d62f50-6c9c-4d30-9a57-95e5a6569ded","order":770,"text":"ARTICLE 10 — LICENSING AND COMPLIANCE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"235cbc63-dfbf-4027-9089-08086986c8b1","order":780,"text":"The Manager represents that it holds, and shall maintain in good standing throughout the Term, every licence, registration or authorization required by Applicable Law to provide property management services in the Province, and shall comply with the rules of the applicable regulatory authority.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"273aad50-31b9-4b84-9d49-3cda45d53202","order":790,"text":"The Manager's licence or registration number is [Licence / registration number].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"f5698340-0711-4c98-9a36-227b736087e4","value":"yes","type":"add","operator":"="}]},{"id":"e810498f-f02b-49d6-8d7f-d395cc0ce147","order":800,"text":"Each Party shall comply with all applicable privacy legislation, including the Personal Information Protection and Electronic Documents Act (PIPEDA) and any equivalent provincial legislation, in the collection, use and disclosure of personal information relating to tenants and occupants of the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"5d4f8328-3e33-498f-8a08-062a7c752722","order":810,"text":"The Manager shall conduct itself in accordance with the conduct and disclosure rules applicable to real estate and property management service providers in the Province, shall not make any misrepresentation, and shall act honestly and in good faith in the Owner's best interests.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"4c0e6aa9-2a84-483a-b53b-1bd02f0dc839","order":820,"text":"The Manager shall disclose to the Owner, in advance and in writing, any direct or indirect interest it or a related party has in any contractor, supplier or service engaged for the Property, and any commission, rebate or referral fee it may receive in connection with the Property. The Manager shall not retain any such benefit without the Owner's informed written consent.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"c9ba1635-8a33-449e-985a-c349d24a9bd4","order":830,"text":"The Manager shall comply with applicable anti-money-laundering and terrorist-financing legislation, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and the requirements of FINTRAC, and shall keep such records as that legislation requires.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"e5a17604-35a9-4743-ab32-d425a96868ca","order":840,"text":"The Manager is an independent contractor. Nothing in this Agreement creates a partnership, joint venture or employment relationship between the Parties, and neither Party may hold itself out as having authority to bind the other except as expressly provided in this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"756b9e18-5831-459d-bf4d-f59c08cb2230","order":850,"text":"ARTICLE 11 — TERM AND RENEWAL","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"2486cd5a-2f57-491e-9f23-26381a5cbea4","order":860,"text":"This Agreement takes effect on [Commencement date] (the "Commencement Date").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"93b08cb8-3f35-4d46-bf5b-649553907328","order":870,"text":"This Agreement is for a fixed term ending on [End date] (the "Term"), unless terminated earlier in accordance with this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"79f1b36c-7145-474f-b7d0-2f810ebffe13","value":"fixed","type":"add","operator":"="}]},{"id":"3491f147-8e10-4801-a15a-71b9bdc6fbea","order":880,"text":"This Agreement continues on a month-to-month basis from the Commencement Date (the "Term") until terminated in accordance with this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"79f1b36c-7145-474f-b7d0-2f810ebffe13","value":"monthly","type":"add","operator":"="}]},{"id":"31c992de-cf63-455e-b314-56febe901915","order":890,"text":"Upon expiry of the fixed term, this Agreement shall renew automatically for successive periods of one (1) year unless either Party gives the other written notice of non-renewal not less than sixty (60) days before the end of the then-current term.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"c5b3ff96-20a2-4c74-a0c2-960c34a7126e","value":"auto","type":"add","operator":"="},{"field":"79f1b36c-7145-474f-b7d0-2f810ebffe13","value":"monthly","type":"remove","operator":"="}]},{"id":"d7058d87-3ea9-46ed-9fe3-246f771f69ac","order":900,"text":"Upon expiry of the fixed term, this Agreement shall terminate without renewal unless the Parties agree otherwise in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true,"displayConditions":[{"field":"c5b3ff96-20a2-4c74-a0c2-960c34a7126e","value":"terminate","type":"add","operator":"="},{"field":"79f1b36c-7145-474f-b7d0-2f810ebffe13","value":"monthly","type":"remove","operator":"="}]},{"id":"501268ad-080e-47b2-a71d-ae30dc6d1af7","order":910,"text":"ARTICLE 12 — TERMINATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"bab6a72a-369c-463f-a12a-8787bd39ba97","order":920,"text":"Either Party may terminate this Agreement on [Notice period in days] days' written notice to the other.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"c15bb994-2c7f-40e3-a286-13f1e19ecbf3","order":930,"text":"Either Party may terminate this Agreement immediately by written notice if the other Party: (a) commits a material breach that is not remedied within fifteen (15) days after written notice; (b) becomes insolvent, makes an assignment for the benefit of creditors, or has a receiver or trustee appointed; or (c) in the case of the Manager, ceases to hold a licence required by Applicable Law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"80b31ee4-9298-4dcd-99f9-e045f8871c6b","order":940,"text":"On termination, the Manager shall, within thirty (30) days: deliver to the Owner or its nominee all funds held in trust (less fees and approved expenses then owing), all keys, leases, records, deposits and other property of the Owner; render a final statement of account; and reasonably cooperate in the orderly transfer of management. Termination does not affect fees earned or expenses incurred before the effective date of termination.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"7902b2ce-451d-4114-b202-da1a98ed08ee","order":950,"text":"ARTICLE 13 — CONFIDENTIALITY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"95d7e222-6cad-4b33-865e-efa749da47a1","order":960,"text":"Each Party shall keep confidential all non-public information of the other Party and of the tenants obtained in connection with this Agreement, and shall use it only for the purposes of this Agreement, except as required by law or to professional advisers bound by confidentiality. This obligation survives termination.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"2f98f278-5510-44fa-95fe-b909d5aa06dd","order":970,"text":"ARTICLE 14 — FORCE MAJEURE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"8e10ce00-e789-4fec-b552-cbdbd77a3bd6","order":980,"text":"Neither Party is liable for any failure or delay in performance (other than a payment obligation) caused by an event beyond its reasonable control, including acts of God, fire, flood, epidemic, governmental order, labour disruption or failure of utilities. The affected Party shall notify the other promptly and use reasonable efforts to resume performance.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"8dea9788-a82f-4330-8cb2-2c2ac259b6ae","order":990,"text":"ARTICLE 15 — ASSIGNMENT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"bd38471d-3a72-4f13-ad48-90081ab047b6","order":1000,"text":"Neither Party may assign this Agreement without the prior written consent of the other, such consent not to be unreasonably withheld, except that the Manager may subcontract discrete services provided it remains responsible for their performance. This Agreement enures to the benefit of and binds the Parties and their permitted successors and assigns.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"e8ea8847-1e2c-4244-ac32-df8807b9ddeb","order":1010,"text":"ARTICLE 16 — NOTICES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"c1de3c7c-c9d3-4d7b-bd2a-9bf58a0064aa","order":1020,"text":"Any notice under this Agreement must be in writing and delivered personally, by courier, by registered mail or by email to the address of the receiving Party set out above (or as later notified). Notice is deemed received on delivery if personal or by courier, on the fifth business day after mailing if by registered mail, and on transmission if by email during business hours (failing which, on the next business day).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"452f15c0-77fa-4e71-8b68-e9f6acfdad1c","order":1030,"text":"ARTICLE 17 — DISPUTE RESOLUTION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"9be54230-87a4-4d1d-9cb1-8298de8c9479","order":1040,"text":"The Parties shall first attempt to resolve any dispute arising out of or in connection with this Agreement through good-faith negotiation. If the dispute is not resolved within thirty (30) days, the Parties shall submit it to mediation, and failing resolution, to binding arbitration before a single arbitrator under the arbitration legislation of the Province. The seat of arbitration shall be in the Province and the language shall be English.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"14","cflou":false,"active":true},{"id":"f2feae52-b46b-45fc-a1f1-2e53f47a2454","order":1050,"text":"ARTICLE 18 — GOVERNING LAW AND GENERAL PROVISIONS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"8","cflou":false,"active":true,"marginTop":"6"},{"id":"d1213120-9698-468e-adc3-3ff3c4991729","order":1060,"text":"This Agreement is governed by and construed in accordance with the laws of [Province] and the federal laws of Canada applicable therein, and the Parties attorn to the courts of that Province.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"5337ef0c-099d-42a0-a09e-a847cb605d40","order":1070,"text":"This Agreement constitutes the entire agreement between the Parties and supersedes all prior understandings relating to its subject matter. It may be amended only by a written instrument signed by both Parties. No waiver of any provision is effective unless in writing, and no failure to enforce a provision operates as a waiver of it. If any provision is held invalid or unenforceable, the remaining provisions continue in full force, and the invalid provision shall be read down to the extent necessary to make it valid. This Agreement may be executed in counterparts and delivered electronically, each of which is an original and all of which together constitute one agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"542f69cd-8c4a-480c-b2a0-8d52f2e3e1de","order":1080,"text":"Time is of the essence of this Agreement. Each Party shall do and execute all such further acts and documents as may reasonably be required to give full effect to this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"c266fb70-829c-416d-98a0-dd035ed520cb","order":1090,"text":"The provisions concerning accounting and remittance of money held, fees and expenses earned or incurred before termination, indemnification, limitation of liability, confidentiality, and dispute resolution survive the termination of this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"775280e7-5d0d-4eb3-86a5-11ae98141357","order":1100,"text":"Each Party acknowledges that it has had the opportunity to obtain independent legal advice before signing this Agreement and enters into it freely. Any schedule or rent roll attached to or delivered with this Agreement forms part of it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"18","cflou":false,"active":true},{"id":"a8834aa4-3d3c-4cf4-9311-e68d04e6d41c","order":1110,"text":"IN WITNESS WHEREOF the Parties have executed this Agreement at [City], in the Province of [Province], as of [Effective date].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"24","cflou":false,"active":true},{"id":"30770cac-27c2-48aa-a411-3f37bb969451","order":1120,"text":"THE OWNER","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"7ed077b9-73b3-4247-96c7-a50ed8ce2c87","order":1130,"text":"_______________________________________","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true,"displayConditions":[{"field":"8075def9-c8b9-47c2-8716-e189f4e0ed78","value":"company","type":"remove","operator":"="}]},{"id":"df6172fa-4e9d-4527-8922-ca1a250ddf4d","order":1140,"text":"[Owner full name]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"24","cflou":false,"active":true,"displayConditions":[{"field":"8075def9-c8b9-47c2-8716-e189f4e0ed78","value":"company","type":"remove","operator":"="}]},{"id":"89470e38-b15b-451d-b2c8-12a37283fd10","order":1150,"text":"_______________________________________","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true,"displayConditions":[{"field":"8075def9-c8b9-47c2-8716-e189f4e0ed78","value":"individual","type":"remove","operator":"="}]},{"id":"271b4644-f285-491d-8aee-d2023627e300","order":1160,"text":"[Owner corporate name]
Per: [Authorized representative], [Title]
I have authority to bind the corporation.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"24","cflou":false,"active":true,"displayConditions":[{"field":"8075def9-c8b9-47c2-8716-e189f4e0ed78","value":"individual","type":"remove","operator":"="}]},{"id":"379f5ffa-9bd5-454f-bb44-3d3bb087b3b1","order":1170,"text":"THE MANAGER","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"2e7effd7-0deb-4d42-888b-c108b967f0d4","order":1180,"text":"_______________________________________","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"2","cflou":false,"active":true},{"id":"866bfa4e-1c4f-40c8-97b2-21ce180ce23d","order":1190,"text":"[Manager name]
Per: [Manager representative], [Title]
I have authority to bind the firm.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true}]