All categories

2 years ago

Which document do property managers and the owners they represent sign to formalize the agency relationship?

1 answer:

7 0

Property management agreement is the document which is used by the owners and property managers to sign and formalize the agency relationship

An agreement for property management is made between the owner of the property and the manager who is employed to look after it. In addition to costs for upkeep, leasing, and tenant eviction, it is typical for the management to get a percentage (%) of the overall revenue made by the property.

A property owner and the organization or individual engaged to manage the property enter into a property management agreement. This agreement details the duties a management business undertakes on behalf of the owner.Good property management agreements go beyond simply outlining the roles that each party will play. They also include liability insurance.

Learn More About Property:

brainly.com/question/14478664

#SPJ4

You might be interested in

VF Corporation, maker of North Face and other popular "lifestyle" apparel brands, split itself into two separate organizations i

Triss [41]

The VF Corporation splits itself into two separate organizations in order to rank the performance prospects of the businesses from best to worst and determine what the corporate parent's priorities should be.

<h3 /><h3>VF Corporation</h3>

VF Corporation is one of the world's biggest clothing, footwear and embellishments organizations interfacing individuals with the ways of life, exercises, and encounters they esteem most through a group of notable open-air, dynamic, and workwear brands.
One of the World's Most Ethical Companies in 2022, and a global leader in defining and raising the norms of ethical business operations.

<h3>Why did VF Corporation decide to split?</h3>

They choose to part since they needed to decide the corporate parent's needs for allotting assets to its various organizations by positioning the presentation possibilities of the organizations from best to most horrendously terrible.
At the point when an organization, for example, VF divides its portions, the market capitalization when the split happens stays steady, meaning the investor presently claims more offers yet each is esteemed at a lower cost for every offer.
Frequently, be that as it may, a lower-valued stock for each offer premise can draw in a more extensive scope of purchasers.

Hence, In order to analyze the performance prospects of the businesses from best to worst and establish what the corporate parent's priority should be, the VF Corporation divides itself into two distinct groups.

To learn more about such Company Ethics refer to:

brainly.com/question/7310733

#SPJ4

4 0

2 years ago

Park co. shipped inventory on consignment to recreations co. that cost $50,000. recreations paid $1,200 for advertising that was

antiseptic1488 [7]

The answer to this question is 30/100*$50,000 = $15,000 remains on the balance sheet at the end of the year.

The $ 1200 paid for advertisement is not included in the cost of inventory.

<span>Cost of inventory=cost of inventory+ any other cost needed to get inventory in place of sale.</span>

6 0

3 years ago

Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?

Temka [501]

The answer is A) The sec

4 0

3 years ago

Read 2 more answers

"Columbia Corp.'s required ROI is 10%. Its West Division has revenues of $6,000,000, asset turnover of 1, and ROI of 10%. Calcul

rosijanka [135]

Answer: $600,000

Explanation:

From the question, we are informed that Columbia Corp.'s required return on investment is 10%. Its West Division has revenues of $6,000,000, asset turnover of 1, and ROI of 10%. The the West Division's operating income goes thus:

Revenue= $6,000,000

Asset turnover = 1

It should be noted that assets turnover is calculated as revenue divided by total assets. This will be:

1 = 6,000,000/total asset

Total asset = 6,000,000/1

= 6,000,000

Since return on investment is 10%,

ROI = Operating income/total assets

10% = operating income/6,000,000

0.1 = operating income/6,000,000

Operating income= 6,000,000 × 0.1

Operating Income= $600,000

7 0

3 years ago

When there is no room for growth within a company, an employee cannot __________.

guajiro [1.7K]

Answer:

Explanation:

4 0

3 years ago

Read 2 more answers