2009 TOWNHOUSE (W/OUT SPLASH POOL) AGREEMENT “August 2009”
FOR MANAGEMENT AND RENTAL OF RESORT DWELLING
IPG Professional Management Inc. (hereinafter referred to as “Manager”),
located at 9550 West US 192, Clermont, Florida 34711 and ______________
______________________________ (hereinafter referred to as “Owner”),
whose mailing address is __________________________________________
enter into this contract for the operation as a resort dwelling of the Owner’s
property located at ________________________________________________
(hereinafter referred to as “Home”), and agree as follows:
1. MANAGEMENT SERVICES:
The Manager shall perform, or secure the performance of the following
A. Rental of the Home to guests on a short term, transient, or other
basis where Owner requires Home to be rented.
B. Advertising, listing, and promotion of the Home for rental, within the
Manager’s discretion, either individually or as part of its available
services to certain segments of the tourist industry, where Owner
requires the Home to be rented.
C. Co-ordinating rental reservations, when relevant.
D. Housekeeping services for guests.
E. Customer services for guests.
F. Operation of a guest facility.
G. Administer the payment of expenses relative to the Home, except as
otherwise specifically excluded under paragraphs 3 & 4 herein.
H. Periodically inspect the Home.
I. Arrange or perform necessary Home maintenance.
J. Submit county and state sales tax monthly returns.
K. Provide additional services as may be set out elsewhere in this
2. HOME RENTAL:
Except where Owner has given written instructions to Manager not to rent
the Home, Manager shall have the obligation and the right to offer the
Home for rental, and to rent the Home to third parties, throughout the term
hereof and shall use commercially reasonable efforts to maximize the level
of rental income. From the rental received (to include rental of the Home in
addition to rental of extras including, but not limited to pool heat, cribs
highchairs etc) the Manager shall ordinarily deduct therefrom a
commission of 20% and shall credit the balance to the Owner’s ledger
account maintained by Manager. Provided that where the rental received is
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from a guest party procured directly by Manager or where the gross rental
received is at least 20% higher than the rental that would have been
received from a tour operator contracted under the standard US Dollar
wholesale rental agreement for the time being, then from the rental
received the Manager may deduct therefrom a commission of 35% and
shall credit the balance to the Owner’s ledger account maintained by
Manager. In all cases, the rental received is the sum actually received by
the Manager less the sales and resort tax contained therein, and less any
commissions or referral fees paid or payable by Manager and the Owner’s
account will be credited at such time as said rental payments are received
by Manager or the date of arrival of the guest party; whichever shall occur
If Owner provides notice of termination under the provisions of this
Agreement, then Manager may at its option require Owner to accommodate
guests in respect of reservations that had been confirmed into the Home
prior to the date notice of termination was provided. In such an event, the
rental income due to Owner, after the deduction of commission and other
deductions as provided above, shall be paid to Owner within 2 days of the
departure of the guests concerned from the Home.
3. OWNER’S OBLIGATIONS:
Owner agrees to pay all expenses associated with the Home, and with the
operation of the Home as a resort dwelling hereunder as such expenses
become due. These expenses include, without limitation, mortgage
payments, real estate taxes, insurance, property assessments, association
fees, termite bonds, telephone service (including initiation charge), utilities
(electricity, gas, water, sewerage, garbage, etc) cable television and any
other relevant services and further agrees to pay any deposits required for
telephone, electricity, gas, water or other services. Owner also agrees to
pay all costs involved in obtaining a short term rental license along with all
expenses incurred in bringing the Home up to the standards required for
obtaining all necessary licenses and for including Home in Manager’s
rental program. Owner shall supply Manager with an inventory of the
Home as at the effective date of this agreement. If Owner does not supply
Manager with said inventory within 10 days of the effective date of this
Agreement, Manager may at Manager’s option produce such Inventory and
shall charge Owner a fee of $100 for such service. Owner shall pay for the
supply of two sets of linens and adequate towels (all in white), and for the
cost of changing and / or mastering the home’s locks plus the supply and
installation of a Kaba combination lock to the front or main access door,
together with such other items as the Manager may reasonably request at
the outset and from time to time to bring the Home and its contents up to
the standard required to be maintained by Manager. At all times, Owner
agrees to maintain a minimum balance (the working capital float) of $1,000
(reduced to $750
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where Owner pays own utility bills per clause 4) in the ledger account
maintained by Manager and to provide Manager with additional funds on
request so as to maintain said $1,000 (or $750 where appropriate) balance
at all times.
4. PAYMENT OF EXPENSES:
Unless Owner has opted to pay Owner’s own bills, Manager shall pay
promptly on behalf of Owner all utility charges ie; gas, electricity, water,
sewerage, garbage as well as telephone, cable TV and any other
disbursements for Home, subject to the availability of funds in Owner’s
ledger account. Where Manager, at Manager’s option is participating in a
“Free Phone Calls” or similar telephone service, then Manager shall also
pay such telephone program participation fees on behalf of Owner and
shall charge such costs to Owner’s ledger account. If Owner fails to remit
funds promptly, when required to do so or (where Owner has opted to pay
Owner’s utility Bills) Owner fails to promptly pay any such bills and if any
guests’ enjoyment of Home is marred or interrupted as a result of
discontinuation of service, or as a result of any mechanical, electrical or
other breakdown (other than where caused solely by neglect of Manager)
and if as a result the guests claim or otherwise become entitled to
compensation, then Manager shall be entitled to charge such
compensation to Owner’s ledger account.
Where Owner fails to remit funds when required to do so, or where Owner
has opted to pay Owner’s utility bills and Owner fails to settle said utility
bills promptly, Manager shall have the right (but not any obligation) and at
its sole discretion, to pay the relevant expenses on behalf of Owner, which
payment shall be promptly reimbursed by Owner upon receipt of a
It is specifically understood that mortgage payments, real estate taxes,
tangible property taxes, insurance, termite bonds and renewals thereof,
property assessments and association fees shall be settled directly by
Owner and Manager shall not under any circumstances be responsible for
the payment of any such expenses.
Owner, by signing here, opts to pay Owner’s own bills. Owner shall
promptly pay all utility charges i.e. gas, electricity, water, sewerage,
garbage, telephone and cable TV and such other costs as may be agreed in
writing between Owner and Manager. In consideration of Owner assuming
such responsibilities, the working capital float referred to in clause 3 shall
be reduced to $750. Owner opts by signing here _____________________.
Manager shall charge Owner with a 3% handling fee for all disbursements
made on Owner’s behalf whether specifically covered by the terms of this
Agreement or whether paid as a courtesy to Homeowner. Except that where
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Owner settles any deficit created or anticipated on Owner’s ledger account
by way of cash, check or bank wire transfer a discount equivalent to the
handling fee of 3% shall be allowed. Deficits that are settled or partially
settled by net rental income and related credits applied to Owner’s ledger
account shall be deemed to be cash payments for the purposes of this
clause and the discount equivalent to the handling fee of 3% discount shall
Owner agrees to pay for, and maintain in full force and effect at all times
during the term of this Agreement, general and bodily injury liability and
property damage insurance in the policy limits of not less than $1,000,000
for injuries and damage on any one claim and in an amount not less than
$1,000,000 for injuries and property damage on account of any one
The originals of the aforementioned policies of insurance, or certificates of
the issuance thereof, shall be delivered to Manager as evidence of the
compliance by the Owner with the terms and provisions contained herein.
Each of the said insurance policies shall be issued by a company or
companies authorized to do business in the State of Florida and which
have an A.M. Best Company Rating of “A” or better and a Financial Size
Category of “V11” or as otherwise approved by Manager, in its sole
discretion. Each policy shall name the Manager (including Manager’s
officers, employees and agents) as an additional insured. The proof of
insurance as provided herein shall be delivered to Manager initially upon
execution of this Agreement and thereafter within thirty (30) days
immediately following each renewal thereof.
If during the period which an insurance company is providing the coverage
required by this Agreement, an insurance company shall lose its Certificate
of Authority and/or no longer comply with any applicable Florida law and/or
fail to maintain the Best Rating and Financial Size Category, Owner shall,
as soon as Owner has knowledge of any such circumstances, immediately
notify Manager and immediately replace the insurance coverage provided,
with a different insurance company meeting the requirements of this
Agreement. Until such time as the Owner has replaced the unacceptable
insurer with an insurer acceptable to Manager, the Owner shall be deemed
in default of this Agreement.
The maintenance of insurance coverage as provided herein shall not be
construed to limit or have the effect of limiting Owner’s liability to Manager
under the provisions of any clause or paragraph contained in this
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Owner shall, on a regular basis, review with Owner’s insurance agent the
insurance coverage in place.
If Owner fails to provide the evidence of coverage as provided by this
clause, Manager may, at Manager’s option secure insurance coverage to
provide Manager with the same level of coverage that would have been
provided had Owner been in full compliance with the requirements of this
clause and such cost shall be passed to Owner by charging Owner’s ledger
account accordingly. The procurement by Manager of such an insurance
policy shall not relieve Owner of any of its liabilities or obligations under
this or any other clause of the Agreement.
Owner agrees to provide Manager, with a limited power of attorney and IRS
tax form W-8ECI (if Owner is not a US resident) or tax form W-9 (if Owner is
a US resident). Owner (if not a US resident) undertakes to obtain from the
Internal Revenue Service a taxpayer identification number and to provide
Manager with said number within 60 days of the effective date of this
Agreement. Owner understands that if Manager is not in possession of a
fully completed form W-8ECI or W-9 (as appropriate), Manager is obliged to
deduct withholding tax at the rate of 30% from Owner’s gross rental income
and to remit same electronically to the IRS on a monthly basis. Manager
may charge Owner’s ledger account with the reasonable accounting fees
incurred in accounting for such withholding tax and if the property is
jointly owned each joint owner would incur accounting fees. Manager will,
after the end of each calendar year, provide Owner with a form 1099 or
1042S as required by law and said form shall be forwarded by Owner to
Owner’s US tax preparer.
Manager shall file on a monthly basis sales tax returns reporting sales and
resort taxes collected by Manager. Owner shall be solely responsible for
the reporting and payment of all other taxes including but not limited to:
Federal Income Tax, Tangible Personal Property Tax and Real Estate
7. PERSONAL USE OF HOME BY OWNER:
Whenever Owner desires to occupy Home, Owner shall submit a written
notice of such proposed occupation to Manager at least 90 days prior to
such proposed occupation. If Owner provides less than the requisite notice
Manager shall use Manager’s best efforts to secure the availability of Home
for Owner. Where Owner fails to provide the requisite 90 days notice and
Manager has to relocate a displaced reservation previously confirmed into
Home, Owner shall bear any costs incurred in such relocation including but
not limited to any compensation payments that are paid to the guest
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relocated. No Owner occupation shall take place unless and until Owner is
in receipt of a valid booking confirmation number issued by Manager.
8. OWNER BOOKINGS:
Owner’s guests may occupy Home, subject to availability at the time a
written request for such proposed occupancy is received by Manager.
Owner shall obtain written confirmation of availability from Manager
(utilizing the current version of such standard form as Manager may
require from time to time), prior to confirming any proposed reservation
with the guests concerned. No Owner’s guests shall be provided with
access to Home unless and until a valid confirmation number has been
issued by Manager. If Owner fails to comply with the aforementioned
procedures and if as a result guests previously confirmed into the Home by
Manager have to be relocated to another property or if their stay is
interrupted or affected in any way, Owner shall bear any consequential
costs incurred including but not limited to any compensation payments
that are paid to the guests concerned. Owner is solely responsible for
remitting sales and resort taxes on rentals collected by Owner to the State
and County Tax Authorities concerned. As a courtesy to Owner, Manager
may remit said taxes to the relevant Authorities on Owner’s behalf provided
that Owner promptly sends to Manager the standard form of reporting as
provided upon request by Manager setting out any rental monies received
by Owner along with the sales and resort taxes contained therein. Owner
further understands that Manager can remit any taxes due on rentals
collected by Owner only where Manager is in possession of sufficient
funds within Owner’s ledger account maintained by Manager. Owner
hereby indemnifies and holds Manager harmless in respect of any claims
made by the sales tax authorities for sums due or allegedly due in relation
to Owner bookings.
9. TERM AND TERMINATION:
The term of this agreement shall be a period of twelve months,
commencing on _________________________ and this shall be
automatically renewed for successive twelve month periods, except that
either party may terminate this agreement at any time by providing the
other party with a minimum 90 days written notice of termination.
If Owner fails to pay Manager all or any part of the compensation set forth
in this Agreement on the date due, Manager, at Manager’s option, may
terminate this Agreement if the failure is not remedied by Owner within 7
days after notice from Manager that payment is overdue.
If Owner provides to Manager notice of Manager’s breach of any term(s) of
this Agreement, Manager shall be given (30) days from receipt of such
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notice in which to cure such breach, prior to Owner’s termination of this
If Owner terminates this Agreement without providing the requisite 90 days
written notice, all parties hereby agree that Manager may be damaged by
such failure. All parties agree that it would be difficult to compute the
actual amount of such damages and agree that in such a case Manager
shall apply to Owner’s ledger account a sum equal to one month’s
Operation Fees for each period of 30 days (or part of 30 days) that the
notice falls short of the 90 days concerned and such sum shall be treated
as liquidated damages for any breach of the notice requirement but without
prejudice to Owner’s or Manager’s rights under any other section(s) of this
10. FEE FOR OPERATION OF RESORT DWELLING:
Owner shall pay Manager a monthly Operation Fee in the amount of
$200.00 for the operation of the Home as a resort dwelling. This fee is in
consideration of the Manager’s services set out hereunder, and further
includes the following services which the Manager, in the Manager’s
discretion, may from time to time perform either with Manager’s own
employees or with independent contractors:
Monthly internal and external pest control, (excluding treatment for
termites) including reasonable call outs as necessary.
Manager’s internal allocation of the components of the $200.00 Operation
Fee is as follows:
General Management Fee - $165.00.
Carrying out such duties as Manager considers appropriate or necessary
to oversee the general maintenance and upkeep of Home. Such fee shall
include reasonable correspondence, telephone calls and meetings with
Owner and such agents, vendors, subcontractors etc as may be
necessitated to maintain said Home under normal circumstances and for
the purposes intended by this Agreement. Trips to the Home (other than by
Manager’s maintenance personnel which trips shall be chargeable as
provided under clause 12 of this Agreement) shall be deemed to be part of
Manager’s duties except where such visits are necessary to attend to,
monitor or assist with any task or issue that is itself not specifically
covered as a duty of Manager under the terms of this Agreement.
Arranging, monitoring, performing or securing the performance of monthly
internal and external pest control - $35.00.
Owner is responsible for payment of the entire monthly fee without
allocation, and the entire fee which is due on the 1st day of each month to
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which the fee relates, shall be considered the property of the Manager upon
11. CLEANING AND LAUNDRY FEE:
Cleaning is carried out after each rental period when all linens, towels etc
are changed and washed. Fees are charged for each occasion that a clean
is carried out and are charged to Owner’s ledger account at a rate
dependant upon the number of bedrooms in the home concerned:
2 Bed - $75 3 Bed - $80 4 Bed - $90 5 Bed - $100
All cleaning charges are for units with 2 bathrooms or half bathrooms. For
each bathroom or half bathroom in excess of 2, the cleaning fee shall be
increased by the amount of $10 per additional bathroom or half bathroom
in the home concerned.
Freshen up cleaning is carried out where Home is unoccupied subsequent
to a full clean, for a period generally in excess of 2 weeks and prior to a
guest party arrival. Fees which are charged to Owner’s ledger account are
between $10 and $35 depending upon the extent of freshen-up required.
12. GENERAL MAINTENANCE:
Manager will arrange for all general repairs or replacements which in
Manager’s opinion are necessary for the proper marketability of Home, to
be carried out, up to a limit of $300 per item. For items where repairs or
replacements necessitate expending in excess of this sum, a request will
first be made to Owner for approval provided that Manager may authorize
emergency repairs or replacements when at Manager’s discretion such
emergency repairs or replacements are essential. Time expended by
Manager’s own maintenance personnel in carrying out repairs and/or
supervising repairs and/or purchasing required items and/or coordinating
the execution of repairs will be charged at an hourly rate of $65 in ¼ hour
units. Between 8:00pm and 8:00am Monday through Friday and all day
Saturday and Sunday such rate shall be increased to $97.50 per hour.
13 RESERVATION SERVICE FEE
For each reservation placed into the Home by Owner or by Owner’s agent
(other than Manager), Manager shall charge to Owner’s ledger account a
reservation service fee of $50, provided that where the Home is to be
occupied by the Owner or by any member of Owner’s immediate family (to
include spouse, parent, grandparent, offspring, grandchildren, brother or
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sister) and where Manager is notified in writing to that effect, then such fee
shall be waived. Such fee shall be in consideration of the following:
Key collection service
Pre arrival Home inspection
Beverage tray (tea, coffee, creamer, sugar)
14 REVIEW OF COMPENSATION
On the 1st of January of each year, the fees and charges set out within
clauses 10, 11, 12 and 13 of this Agreement may be increased. The increase
(if any) may be no more than 10% for each year during which Owner was
under contract with Manager.
15 PAYMENT TO OWNER:
Manager shall prepare, on a monthly basis, a statement setting out all
receipts and payments relating to Home. Such statement shall be made up
to the last day of each month and shall be mailed to Owner on or before the
20th day of each month following the month to which the statement relates
or as soon as practicable thereafter. Where, after deducting the $1,000.00
or $750.00 (as determined under paragraph 4 herein) minimum balance, a
surplus of funds remains, such sum shall be paid to Owner within 10 days
of the date of statement issuance. Owner shall provide Manager with
written details of Owner’s US Bank Account so that surplus funds may be
paid directly into that account on behalf of Owner.
Owner shall retain the monthly statements which will be required by
Owner’s tax preparer in due course. An administration charge may be
made by Manager for producing duplicate statements.
Statements cannot be produced midway through any month. Upon
termination of this Agreement, the final statement of account shall be that
statement issued for the month in which termination takes place and where
such statement shows a payment due to Owner, such payment shall be
made on the 20th day of the month following the month in which
termination occurs. The working capital float shall be held for a further 30
day period to ensure that all costs and expenses related to Home have
been processed. Such float (less any costs and expenses not previously
charged) shall be repaid to Owner approximately 50 days after the end of
the month in which termination occurs.
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16 PAYMENT TO MANAGER:
In the event that in any particular month the expenses and other
disbursements charged to Owner’s ledger account exceed the net rental
income, Owner agrees to pay such difference to Manager within 10 days of
receipt by Owner of a statement to that effect, so that at all times Owner
maintains a balance of at least $1,000.00 or $750.00 (as determined under
paragraph 4 herein) in the ledger account administered by Manager. Owner
acknowledges that Manager is not under any obligation to pay bills or
provide services where such payment or provision of services would result
in a deficit on Owner’s ledger account. All fees, costs and charges referred
to in this Agreement incorporate and are computed after the deduction of a
cash discount of 3% and it is understood that payment to Manager shall be
made by cash, US check issued on a US bank account or bank wire
transfer. Manager shall not be obliged to accept payment in any other
manner but where, at IPG’s option payment other than in one of the
aforesaid methods is permitted, such cash discount shall cease to apply.
17 SUPPORTING BILLS:
Manager shall, as soon as possible after the end of each calendar year and
upon receipt of a written request from Owner, provide Owner with copies of
all bills paid on behalf of Owner during the calendar year concerned.
Manager shall make no charge for this service. However, Owner may make
a written request for copies of bills to be provided on a monthly basis for
which service Manager shall charge Owner’s ledger account with a fee of
$20 per month.
18 RESIDENTIAL USE ONLY:
Manager shall not allow any commercial use of the Home and all rentals
shall be for residential purposes only.
19 ZONING AND DEED RESTRICTIONS:
Owner shall be responsible for determining that operation of the Home
pursuant to this contract is consistent with all applicable laws, including
but not limited to, land use and zoning laws or ordinances, licensing
requirements, as well as all applicable deed restrictions and restrictive
covenants and Manager shall incur no liability if such use of the Home is or
becomes inconsistent thereto, and Owner shall indemnify and hold
harmless Manager from any such liability.
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20 LIMITED LIABILITY
Manager will not be liable to Owner, or to anyone who may claim any right
due to a relationship with Owner, for any acts or omissions in the
performance of services under this Agreement or on the part of the
employees or agents of Manager unless the acts or omissions are due to
Manager’s intentional and willful misconduct. Owner will indemnify and
hold Manager free and harmless from any obligations, costs, claims,
judgements and attorney’s fees and attachments arising from, growing out
of, or in any way connected with the services rendered to Owner under this
Agreement, unless Manager is judged by a court of competent jurisdiction
to be guilty of intentional and willful misconduct.
21 INDEPENDENT CONTRACTOR
The parties agree that at all times and for all purposes within the scope of
this Agreement, the relationship of Owner and Manager is that of an
22 FORCE MAJEURE
With regard to the performance hereunder, Manager shall not be deemed to
be in default of this Agreement, or to have failed to comply with any term or
condition herein if, for reasons beyond Manager’s reasonable control
(including, without limitation, acts of God, natural disaster, labor unrest,
war, declared or undeclared, terrorism, the existence of injunctions or
requirements for obtaining licenses, permits or other compliance with
applicable laws, rules and regulations), such performance is not
reasonably possible within such time periods, then the time for such
performance shall be extended until removal of such reasons beyond
Manager’s reasonable control, provided that Manager commences such
performance as soon as reasonably possible and diligently pursues such
This Agreement and all duties and obligations under this Agreement may
be assigned by Manager without the prior written consent of Owner.
24 ENTIRE AGREEMENT:
This written contract constitutes the entire agreement between the parties
and may not be amended or modified except by a written document duly
executed by both Owner and Manager.
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All notices shall be in writing and sent by United States mail, certified or
registered, with return receipt requested and postage prepaid, or by
nationally recognized overnight courier service to the address of the party
set forth below. Any such notice shall be deemed given when received by
the party to whom it is intended.
Owner – mailing address as stated at the head of this Agreement
Manager – IPG Professional Management, Inc
9550, West US 192, Clermont, Florida 34711, USA
26 WARRANTY OF TITLE
Owner warrants that Owner has good and clear title to the Home which is
subject to the terms of this Agreement and the Home is otherwise free and
clear of any rights of any other party or any encumbrances whatever.
27 NO ORAL REPRESENTATIONS:
No officer, agent or employee of Manager is authorized to make any
representations regarding this agreement, or Manager’s rights and duties
under this agreement, except as specifically set out in this agreement and
Owner’s execution of this agreement constitutes an acknowledgment that
no statements have been made to Owner regarding such matters which are
either inconsistent with or in addition to the rights and obligations set out
in this contract.
28 NO OBLIGATIONS OR WARRANTIES EXCEPT AS CONTAINED IN
Neither Owner nor Manager shall have any fiduciary or other duties to each
other, of any nature whatsoever, implied or otherwise, including general or
specific duties which may be created by an agency relationship, beyond
the duties and obligations expressly set out in this agreement. Manager
does not warrant or represent the volume of rentals which will be available
throughout the term hereof, the rental rates of such rentals, or the amount
of funds or profit which will be received by Owner from such rental, after
payment of expenses.
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29 ATTORNEY’S FEES:
If any action at law or in equity, including an action for declaratory relief, is
brought to enforce or interpret the provisions of this Agreement, the
prevailing party shall be entitled to recover reasonable attorney’s fees from
the other party or parties, including fees at both trial and appellate levels,
in addition to any other relief to which that party may be entitled. The
attorney’s fees may be set by the court in the same action or in a separate
action brought for that purpose. The venue for any action brought to
enforce the terms and/or obligations of this Agreement shall be exclusively
in Orange County, Florida.
30 CAPTIONS FOR CONVENIENCE ONLY:
The captions to the various sections of this agreement are for convenience
only and do not constitute a part of this agreement. It shall not be a
defense to enforcement of the terms hereof that any caption may not
accurately or substantially characterize or summarize the contents thereof.
31 APPLICABLE LAW
This Agreement and any amendments hereto are executed and delivered in
the State of Florida and shall be governed, interpreted, construed and
enforced in accordance with the laws of the State of Florida.
Dated this __________________ day of _____________________, ______.
For: IPG PROFESSIONAL MANAGEMENT INC.
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LIMITED POWER OF ATTORNEY.
(with durable provisions).
TO ALL PERSONS, be it known that I ________________________________
as Grantor do hereby make and grant a limited specific power of attorney
to IPG Professional Management Inc and appoint and constitute said
individual as my attorney-in-fact.
My named attorney-in-fact shall have full power and authority to undertake,
commit and perform only the following acts on my behalf to the same
extent as if I had done so personally, all with full power of substitution and
revocation in the presence:
1. To render and receive deposits for telephone, electricity, gas, other
utilities and such.
2. To secure, on my behalf, such Licenses as are necessary for the
rental of my property.
3. To secure on my behalf, Registration with both the County and the
State of Florida Sales Tax Authorities.
The authority granted shall include such incidental acts as are reasonably
required or necessary to carry out and perform the specific authorities and
duties stated or contemplated herein.
My attorney-in-fact agrees to accept this appointment subject to its terms,
and agrees to act and perform in said fiduciary capacity consistent with my
best interests as he in his discretion deems advisable, and I thereupon
ratify all acts so carried out.
I agree to reimburse my attorney-in-fact all reasonable costs and expenses
incurred in the fulfillment of the duties and responsibilities enumerated
Special durable provisions:
This power of attorney shall continue in full force and effect until revoked
by subsequent writing.
Signed in the presence of
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