Statements to Owner. Agent will provide Owner with quarterly statements showing total receipts less fees and expenses provided for by this Agreement including payments into the reserve fund, together with a check for the net revenue. Such statement and/or check will be mailed from Agent's office on or about the 15th of the month for the period ended the last day of the preceding month. In the event expenses for such periods exceed the revenues, Owner agrees to pay promptly such expenses upon billing by Agent.
Appears in 11 contracts
Samples: Mountain Cabins, Deer Lake Villas, Heather Highlands Townhouses
