Local Property Manager definition

Local Property Manager means a natural person residing within 50 miles of the City of Alexandria who is authorized by the rental unit owner to make decisions for the owner about rental, occupancy and maintenance of the rental unit, or a licensed, or bonded, and/or insured company engaged primarily in providing such services for hire.
Local Property Manager means a reputable person that (a) has at least two (2) years’ experience in the management of at least (A) two hundred fifty (250) residential rental properties, and (B) one hundred twenty-five (125) residential rental properties in the metropolitan statistical areas in which such Person shall be managing Financed Properties (unless the Administrative Agent shall otherwise consent in writing with respect to a Property Manager entering into a new market subject to any conditions specified in such consent), (b) has, in connection with the execution of the applicable Management Agreement, cleared any background checks, credit checks or similar diligence required by the Administrative Agent or Diligence Agent in a manner acceptable to the Administrative Agent in its reasonable discretion, and (c) maintains in good standing all required licenses and permits, and complies in all material respects with all Legal Requirements, applicable to it and to the Borrowers and the Properties it manages.
Local Property Manager means a real property management company, real estate firm or realtor which maintains an office or place of business no more than fifty miles from the subject property.

Examples of Local Property Manager in a sentence

  • At any appeal of a determination by the City under this Ordinance, the Registration Holder or applicant, (Local Property Manager for the Registration Holder or applicant), or an attorney representing said party, may appear and make a presentation to the City Council.

  • Name, address, telephone number, and email address, if any of the Local Property Manager.

  • Each rental unit must have an owner, or Local Property Manager designated by the owner, who resides within 50 miles of the City of Alexandria, as specified in Section 5.08, Subd.

  • Every new owner of a rental unit, whether fee owner or contract purchaser, shall furnish to the City the new owner’s name, address, telephone number and fax number (and the name, address, telephone number and fax number of the new owner’s designated Local Property Manager) before taking possession of the rental property upon closing the transaction.

  • All persons authorized herein to inspect shall have the authority to enter, at reasonable times, and following 48 hours written notice to the property owner or designated Local Property Manager, any rental unit or structure containing a rental unit registered or required to be registered, for the purpose of enforcing this Ordinance.

  • The name, telephone number, address and email address, if any of the person authorized to make, or order make, repairs or services for the property if in violation of City or State codes, if the person is different from the owner or Local Property Manager.

  • Property owner or designated Local Property Manager may be present while the inspection is being performed.

  • Failure of the City to issue reminder notice and/or failure of an owner (or Local Property Manager) to receive a reminder notice, does not excuse or waive the registration required by this Ordinance.

  • If owner’s official residence is in Chittenden County and they do not wish to designate a Local Property Manager, Service of Process, or Emergency Contact, they must write “same as owner” on the lines provided for that information.

  • Failure of the City to issue reminder notice and/or failure of an owner (or Local Property Manager) to receive a reminder notice, does not excuse or waive the registration required by this Ordinance.Subd.


More Definitions of Local Property Manager

Local Property Manager means a person or firm charged with overseeing, administering or maintaining real property for a fee on behalf of an out-of-area beneficiary, trustee, or owner of abandoned or distressed residential property located within the city.
Local Property Manager means a reputable person that (a) has at least two (2) years’ experience in the management of at least (A) two hundred fifty (250) residential rental properties, and (B) one hundred twenty-five (125) residential rental properties in the metropolitan statistical areas in which such Person shall be managing Financed Properties (unless the Administrative Agent shall otherwise consent in writing with respect to a Property Manager entering into a new market subject to any conditions specified in such consent),(b) has, in connection with the execution of the applicable Management Agreement, cleared any background checks, credit checks or similar diligence required by the Administrative Agent or Diligence Agent in a manner acceptable to the Administrative Agent in its reasonable discretion, and (c) maintains in good standing all required licenses and permits, and complies in all material respects with all Legal Requirements, applicable to it and to the Borrowers and the Properties it manages.
Local Property Manager means a person who is responsible for the day-to-day maintenance, upkeep, and security of the rental property. The local property manager may be the owner of the property.
Local Property Manager means the Cortona Local Property Manager and/or the Encore Local Property Manager, as applicable.

Related to Local Property Manager

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Property management system means the Contractor’s system or systems for managing and controlling Government property.

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • City Manager means the city manager or designee.

  • Owner/Operator means a requirement applies to the owner and/or operator of a TRU or TRU gen set, as determined by agreement or contract between the parties if the two are separate business entities.

  • Manager has the meaning set forth in 2.1.

  • Construction Manager means a competent person responsible for the management of the physical construction processes and the coordination, administration and management of resources on a construction site;

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.