Free Land Management Contract

This Land Management Contract (the "Contract") is entered into as of the 4th day of December 2050, by and between [Your Company Name], a company duly incorporated and operating under the laws of the State of California, with its principal place of business at [Your Company Address], and SmithBrand, a company duly incorporated and operating under the laws of the State of California, with its principal place of business at San Diego, CA 92101, represented by Davion Barton (hereinafter referred to as "Manager" and "Owner," respectively).

The parties, in consideration of the mutual covenants and promises set forth herein, agree as follows:

I. Purpose

The purpose of this Contract is to define the terms and conditions under which [Your Company Name] will manage the property owned by SmithBrand. This includes overseeing and ensuring the proper care, maintenance, development, and operation of the land described in Section II of this Contract.

II. Description of Property

The land that will be managed by [Your Company Name] on behalf of SmithBrand is described as follows:

Location: 1234 Ocean View Lane, San Diego, CA 92101.
Size: Approximately 15 acres.
Zoning: The property is currently zoned for residential use.

This property is located in the State of California and is under the jurisdiction of San Diego County.

III. Management Duties and Responsibilities

1. General Management
   [Your Company Name] shall provide comprehensive land management services, which include, but are not limited to:

   • Managing the day-to-day operations of the property.

   • Ensuring compliance with all local, state, and federal regulations.

   • Coordinating with local authorities on permits, zoning, and land use changes.

   • Overseeing any residential developments.

2. Maintenance and Repairs
   [Your Company Name] agrees to ensure that the land is maintained in good condition. This includes:

   • Regular inspections of the property to identify any maintenance or repair needs.

   • Managing landscaping, clearing, and any other necessary upkeep.

   • Ensuring the property is free from hazards and complies with environmental standards.

3. Financial Management
   [Your Company Name] shall be responsible for overseeing the finances related to the property, including:

   • Budgeting and tracking expenses for maintenance, repairs, and other services.

   • Collecting rents, lease payments, or any other financial resources related to the property.

   • Preparing and providing regular financial reports to SmithBrand.

4. Tenant and Leasing Management
   If applicable, [Your Company Name] will manage any tenants or leasing agreements on the property, including:

   • Advertising available spaces.

   • Negotiating lease terms and agreements.

   • Ensuring tenants adhere to property rules and regulations.

IV. Term and Termination

1. Term
   This Contract shall be effective as of the date hereof and shall remain in effect for an initial term of five (5) years unless terminated earlier in accordance with the provisions set forth herein.

2. Termination
   Either party may terminate this Contract upon sixty (60) days written notice to the other party. In the event of termination, [Your Company Name] shall ensure the orderly transition of responsibilities back to SmithBrand and will cooperate to ensure the property continues to be properly managed.

V. Compensation

In exchange for the services provided under this Contract, SmithBrand agrees to pay [Your Company Name] a management fee of 10% of the gross income generated by the property, payable monthly.

VI. Governing Law

This Contract shall be governed by and construed in accordance with the laws of the State of California. The parties agree that any disputes arising from or related to this Contract will be resolved exclusively in the courts located in San Diego, CA.

VII. Signatures

This Contract is executed on behalf of the respective parties by the authorized representatives below. By signing, both parties agree to the terms and conditions set forth in this document.

For [Your Company Name]

Name: [Your Name]
Title: Chief Operating Officer
Date: 4th December 2050

For SmithBrand

Name: Davion Barton
Title: Chief Executive Officer
Date: 4th December 2050

For any inquiries or additional information regarding this agreement, please contact [Your Name] at [Your Email] or via email at [Your Company Email].

Agreement Templates @ Template.net