Competing Properties. The services to be rendered by Manager to Owner are not exclusive, and during the term of this Agreement, Manager and Affiliates of Manager may render services identical or similar to those required of Manager under this Agreement to other owners of real property, and may engage in the acquisition, development, management, operation, rental, sale, and exploitation of real property for their own account or benefit, provided the same shall not relieve Manager of any of its duties or obligations under this Agreement.
Appears in 2 contracts
Sources: Tenancy in Common Agreement, Tenancy in Common Agreement (Bluerock Residential Growth REIT, Inc.)