FINANCIAL STATEMENTS TO OWNER Clause Samples
The 'Financial Statements to Owner' clause requires a party, typically a contractor or service provider, to furnish the project owner with access to their financial statements. In practice, this means the owner may review documents such as balance sheets, income statements, or other relevant financial records, often upon request or at specified intervals. This clause ensures transparency and allows the owner to assess the financial stability and reliability of the party, thereby reducing the risk of project disruption due to financial issues.
FINANCIAL STATEMENTS TO OWNER. The Agent shall render statements of receipts, expenses, and other charges for the Property as requested by the Owner with no more than one (1) statement per month.
FINANCIAL STATEMENTS TO OWNER. The Manager shall render statements of receipts, expenses, and other charges for the Property as requested by the Owner with no more than one (1) statement per month.
FINANCIAL STATEMENTS TO OWNER. The Owner, upon signing a confidentiality disclosure agreement, shall have access to the Agent’s property management software. The Agent shall maintain the website: ▇▇▇▇▇▇▇▇.▇▇▇. The website shall be updated not less than on a quarterly basis and disclose recent: Bank Statements, Board of Director Minutes, Bylaws, Federal, State tax returns and Business Plan.