Definitions for "Management Agreement"
A contract between a project owner and the management agent, which establishes the agent's obligations, compensation, scope of authority, methods of paying project expenses, and so on.
A contract between the owner of a property and an entity who agrees to manage it. Fees usually begin at 3%. Please note that some lenders may assign a management fee percentage to be included in the operating expenses if there is no management agreement or if the fee in the agreement is below the going market rate for the area.
a contract between the owner of land and another person or organization that will look after the land
An agreement between an investor and an investment manager stating the terms and conditions applying to management of the stated assets. (See also Mandate).
The agreement between Sterling Energy and the Company under which Sterling Energy agrees to manage the affairs of the Company.
Agreement between parties with an interest in the land to secure its protection, enhancement or enjoyment by the public.