TruHaven Homes, LLC
2057 Greenbay Road • Ste A-4 • Highland Park, IL 60035
(404) 940-2393
1. Property Management Agreement
1.1 OWNER ("OWNER") INFO
<<Owner Contact Information>>
1.2 PROPERTY MANAGER ("MANAGER") INFO
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1.3 BROKER ("BROKER") INFO
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1.4 PROPERTY TO BE MANAGED ("PROPERTY")
<<Property Address>>
1.5 RECITALS
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1.6 TERM
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1.7 LEASING & MANAGEMENT AUTHORITY OF MANAGER
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1.8 LIMITS ON MANAGER'S AUTHORITY AND RESPONSIBILITY
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1.9 FINANCIAL AUTHORITY OF MANAGER
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2. Property Management Agreement
2.1 MAINTENANCE AUTHORITY OF MANAGER
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2.2 RECORD KEEPING
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2.3 SECURITY DEPOSITS
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2.4 RESERVE, BANK ACCOUNTS & PROPERTY DEPOSIT ACCOUNT
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2.5 CHARGES
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25>:?:DEC2E:G6 766D 2AA=:42E:@? 766D 2?5 DF49 @E96C 766D 2?5 492C86D 2D '2?286C >2J C62D@?23=J 566> 2AAC@AC:2E6 )E96C E92? C6?E H9:49
D92==36=@?8E@)H?6CE96D6492C86DD92==36E96AC@A6CEJ@7E96'2?286C
2.6 OWNER PAYMENTS
== )H?6C A2J>6?ED 2C6 >256 G:2 " 2?5 H:== 36 D6?E 5:C64E=J E@ E96 )H?6CMD 4964<:?8 244@F?E 7C@> E96 32?< " :?7@C>2E:@? )H?6C
AC@G:56DE@'2?286C)H?6CA2J>6?EDH:==36D6?E@FE@?@C367@C6E96E9@76249>@?E9
2.7 OWNER AGREES TO
 @@A6C2E6H:E9'2?286CE@724:=:E2E6D9@H:?8>2C<6E:?82?5=62D6@7E96*C@A6CEJ
 (@EC6?E@C=62D6E96*C@A6CEJE@2?J@?6H:E9@FE'2?286CMDHC:EE6?2AAC@G2=
 (@E?68@E:2E6H:E92?JAC@DA64E:G6E6?2?EH9@>:89E4@?E24E)H?6C5:C64E=J3FEC676C2==AC@DA64E:G6E6?2?EDE@'2?286C
 (@E562=H:E9@C?68@E:2E6H:E92?JE6?2?E:?E96*C@A6CEJ4@?46C?:?82?J>2EE6CC6=2E65E@E96>2?286>6?E@C=62D:?8@7E96*C@A6CEJ
 (@E 6?E6C :?E@ 2 AC@A6CEJ >2?286>6?E 28C66>6?E H:E9 2?@E96C '2?286C 7@C E96 C6?E2= =62D:?8 @C >2?286>6?E @7 E96 *C@A6CEJ E@ 364@>6
6Q64E:G65FC:?8E9:D8C66>6?E
*C@G:56'2?286CH:E92?J6I:DE:?84@A:6D@7=62D628C66>6?EDC6=2E65E@E96*C@A6CEJ<6JDC6>@E6D@C2?JH2CC2?E:6D
! -6?56CE@'2?286C2?JD64FC:EJ56A@D:EDA2:53J6I:DE:?8E6?2?ED2?5
" (@E:7J '2?286C :7 )H?6C 364@>6D 56=:?BF6?E :? E96 A2J>6?E @7 2?J >@CE8286 D64FC65 3J E96 *C@A6CEJ AC@A6CEJ E2I6D AC@A6CEJ
:?DFC2?46@C2DD@4:2E:@?766D
# ==@H '2?286C E@ 25;FDE *C@A6CEJ 6IE6C:@C 6?ECJ 5@@C =@4<D E@ 4@>A=J H:E9 '2?286CD >2DE6C <6J DJDE6>D == 6IE6C:@C 5@@CD 2E E96
AC@A6CEJ H:== 36 C6<6J65  C6AC@8C2>>23=6 6=64EC@?:4 <6JA25 H:== 36 :?DE2==65 @? E96 7C@?E 5@@C 2?5 H:== C6A=246 E96 4FCC6?E 5625 3@=E
)?46 E96 <6J DJDE6> :D :?DE2==65 :E H:== 2==@H 7@C >@C6 6T4:6?E 2446DD 3J '2?286C 2?5 '2:?E6?2?46 DE2Q 2?5 2==@H =@4<D E@ ?6G6C 92G6 E@
36 C6A=2465 282:? 2?5 @?=J C6<6J65 2E 7FEFC6 EFC?@G6C -9:D H:== C65F46 =@?8 E6C> EFC?@G6C 4@DED 2E E96 *C@A6CEJ 2?5 4C62E6 >2:?E6?2?46
6T4:6?4J:>>65:2E6=J
2.8 OWNERS INSURANCE
 E 2== E:>6D 5FC:?8 E9:D 8C66>6?E H9:=6 E9:D *C@A6CEJ :D F?56C >2?286>6?E )H?6C >FDE >2:?E2:? :? 6Q64E 2 AF3=:4 =:23:=:EJ :?DFC2?46
A@=:4J 9@>6@H?6CMD :?DFC2?46 E92E 4@G6CD =@DD6D E@ E96 *C@A6CEJ -9:D H:== :?4=F56 2? 2>@F?E 6BF2= E@ E96 C62D@?23=6 C6A=246>6?E 4@DE
@7 E96 *C@A6CEJMD :>AC@G6>6?ED 2?5 4@?E2:?:?8 6?5@CD6>6?ED D9@H:?8 E96 :?DFC:?8 A2CEJ :D 2H2C6 E92E E96 *C@A6CEJ H:== 36 =62D65 E@
AC@DA64E:G6 E6?2?ED It is required that the Owner name the Manager and/or its assigns as an “Additional Insured” on their Owner’s
Insurance Policy. )H?6C H:== 7FC?:D9 '2?286C H:E9 46CE:R42E6 6G:56?4:?8 =:23:=:EJ :?DFC2?46 ?2>:?8 E96 '2?286C 2D 2? 255:E:@?2= :?DFC65
H:E9:?  52JD 27E6C E96 52E6 @7 E9:D 8C66>6?E 2?5 367@C6 2?J >2?2865 AC@A6CEJ :D @Q6C65 7@C C6?E @C @E96C @44FA2?4J #? E96 6G6?E @7 2?
2DD:8?>6?E @7 E9:D 8C66>6?E 3J E96 '2?286C )H?6C 28C66D E@ >2:?E2:? :?DFC2?46 4@?D:DE6?E H:E9 E96 E6C>D @7 E9:D A2C28C2A9 2?5 H:==
2>6?5:ED:?DFC2?46A@=:4J?2>:?8E962DD:8?662D2?255:E:@?2=:?DFC65@?)H?6CMD#?DFC2?46*@=:4J
 -9:D 8C66>6?E H:== 2=D@ D6CG6 2D )H?6CMD 2FE9@C:K2E:@? E@ @3E2:? 2?5 5:D4FDD 2?J 4=2:> C682C5:?8 E9:D *C@A6CEJ H:E9 E96 )H?6CMD
:?DFC2?464@>A2?J2?5
 )H?6C:DC6DA@?D:3=67@C?@E:7J:?8:?DFC2?464@>A2?J:7*C@A6CEJC6>2:?DG242?E7@C>@C6E92?4@?D64FE:G652JD
2.9 LIABILITY & INDEMNIFICATION
 '2?286C :D ?@E C6DA@?D:3=6 @C =:23=6 :? 2?J >2??6C 7@C A6CD@?2= :?;FCJ E@ 2?J A6CD@? @C 7@C =@DD @C 52>286 E@ 2?J A6CD@?MD C62= @C A6CD@?2=
AC@A6CEJ C6DF=E:?8 7C@> 2?J 24E @C @>:DD:@? ?@E 42FD65 3J '2?286CMD ?68=:86?46 :?4=F5:?8 3FE ?@E =:>:E65 E@ :?;FC:6D @C 52>286D 42FD65 3J
)E96C '2?286CD E96:C 2DD@4:2E6D :?DA64E@CD 2AAC2:D6CD 2?5 4@?EC24E@CD H9@ 2C6 2FE9@C:K65 E@ 2446DD E96 *C@A6CEJ @? 3692=7 @7 E96 )H?6C
4ED @7 E9:C5 A2CE:6D G2?52=:D> E967E @C @E96C 4C:>:?2= 24ED C66K:?8 @C =62<:?8 H2E6C A:A6D 52?86C@FD 4@?5:E:@? @C 6?G:C@?>6?E2=
4@?5:E:@?@7E96AC@A6CEJ24ED@7!@5@C =@@5:?8@CE96*C@A6CEJMD?@?4@>A=:2?46H:E92?J=2H@C@C5:?2?46
 '2?286C :D ?@E C6DA@?D:3=6 @C =:23=6 :? 2?J >2??6C 7@C 2?J =2E6 766D @C @E96C 492C86D )H?6C :?4FCD E@ 2?J 4C65:E@C 42FD65 3J =2E6 @C
:?DFT4:6?EA2J>6?ED3J2?JE6?2?E:?E96*C@A6CEJ@C52>286DE@)H?6C42FD653J2E6?2?EMD3C6249@72=62D628C66>6?E
 )H?6C 28C66D E@ AC@E64E 5676?5 :?56>?:7J 2?5 9@=5 '2?286C 92C>=6DD 7@C 2?J =:23:=:EJ 52>286 4@DED 2EE@C?6JMD 766D 2?5 6IA6?D6D
E92E  C6 42FD65 3J )H?6C ?68=:86?E=J @C @E96CH:D6  C6 42FD65 3J )H?6CMD 72:=FC6 E@ 5:D4=@D6 >2E6C:2= @C C6=6G2?E :?7@C>2E:@? 23@FE
E96 *C@A6CEJ  C6 42FD65 3J )H?6C 8:G:?8 :?4@CC64E :?7@C>2E:@? E@ 2?J A6CD@?  C6 C6=2E65 E@ E96 >2?286>6?E @7 E96 *C@A6CEJ 2?5 2C6
?@E 42FD65 3J '2?286C ?68=:86?E=J @C @E96CH:D6 @C  C6 C6=2E65 E@ 6I:DE:?8 =62D6D @? E96 *C@A6CEJ E92E 2C6 ?@E AC6A2C65 3J E96 '2?286C
5
@C 2C6 ?@E 42FD65 3J E96 '2?286C C6=2E:?8 E@ E9@D6 6I:DE:?8 =62D6D 2?5  C6 2D 2 C6DF=E @7 )H?6CMD 72:=FC6 E@ >2:?E2:? :?DFC2?46 7@C E96
*C@A6CEJAC@A6C=J4@G6C:?8E96'2?286C
 )H?6C :D C6DA@?D:3=6 7@C 2?5 =:23=6 7@C 2== 4@?EC24ED 2?5 @3=:82E:@?D C6=2E65 E@ E96 *C@A6CEJ 7@C >2:?E6?2?46 D6CG:46 C6A2:CD 2?5 FE:=:EJ
2CC2?86>6?ED>256367@C6@C5FC:?8E9:D8C66>6?E)H?6C28C66DE@9@=5'2?286C92C>=6DD7C@>2==4=2:>DC6=2E65E@DF494@?EC24ED
 -96AC@G:D:@?D@7E9:D,64E:@?D92==DFCG:G6E96E6C>:?2E:@?@C6IA:C2E:@?@7E9:D8C66>6?E
2.10 OWNERS RESPONSIBILITY FOR LITIGATION EXPENSES
)H?6C H:== A2J 2== R?6D A6?2=E:6D @C @E96C 6IA6?D6D 2D 2==@H65 F?56C E96 =2H :? 4@??64E:@? H:E9 2?J 4=2:> AC@4665:?8 @C =2HDF:E
:?G@=G:?8 2? 2==6865 G:@=2E:@? @C 2?J =2H A6CE2:?:?8 E@ 72:C 6>A=@J>6?E 72:C 4C65:E C6A@CE:?8 6?G:C@?>6?E2= AC@E64E:@? C6?E 4@?EC@= E2I6D
@C 72:C 9@FD:?8 :?4=F5:?8 :==682= 5:D4C:>:?2E:@? @? E96 32D:D @7 C246 D6I 4@=@C C6=:8:@? ?2E:@?2= @C:8:? A9JD:42= 92?5:42A 72>:=:2= DE2EFD
6=56C=:?6DD @C 2== @E96C AC@E64E65 4=2DD6D AC@G:565 9@H6G6C E92E )H?6C D92== ?@E 36 C6DA@?D:3=6 E@ E96 '2?286C 7@C 2?J DF49 6IA6?D6D :7
E96 '2?286C :D R?2==J 25;F5865 :? 2 4@FCE @7 =2H E@ 92G6 A6CD@?2==J 2?5 ?@E :? 2 C6AC6D6?E2E:G6 42A24:EJ G:@=2E65 2?J DF49 =2H (@E9:?8
4@?E2:?65:?E9:D8C66>6?EH:==@3=:82E6E96'2?286CE@6>A=@J=682=4@F?D6=E@C6AC6D6?EE96)H?6C:?2?JDF49AC@4665:?8@C=2HDF:E
2.11 OWNER REPRESENTATION & DISCLOSURES
)H?6CC6AC6D6?ED2?52EE6DEDE@2==E967@==@H:?8
 )H?6C92D766D:>A=6E:E=6E@2?5E96=682=42A24:EJE@=62D6E96*C@A6CEJ
 )H?6C :D ?@E 3@F?5 3J 2?@E96C 8C66>6?E H:E9 2?@E96C 3C@<6C @C >2?286C 7@C E96 =62D:?8 >2?286>6?E @C D2=6 @7 E9:D *C@A6CEJ E92E
H:== 2Q64E E96 E:>:?8 @7 E9:D 8C66>6?E ,9@F=5 )H?6C 6?E6C :?E@ 2? 8C66>6?E H:E9 2?@E96C >2?286C E9:D 8C66>6?E 42? 36 E6C>:?2E65
H:E9@FE?@E:462?536DF3;64EE@2==42?46==2E:@?766D
 (@ A6CD@? @C 6?E:EJ 92D 2?J 4FCC6?E C:89ED E@ AFC492D6 =62D6 @C 24BF:C6 E96 *C@A6CEJ 3J 2? @AE:@? C:89E @7 RCDE C67FD2= @C 2?J @E96C
8C66>6?E
 )H?6C:D?@E56=:?BF6?E:?E96A2J>6?E@72?JAC@A6CEJE2I6DDD@4:2E:@?766DAC@A6CEJ92K2C5:?DFC2?46@C>@CE8286A2J>6?ED2?5
 )H?6C:D:?4@>A=:2?46H:E92===@42=C6?E2=C6BF:C6>6?EDE@:?4=F56=:46?D:?8766D2DD@4:2E:@?A6C>:DD:@?D@C=@42=E2I6D
J:?:E:2=:?836=@HJ@F24<?@H=65862?528C66E@E96E6C>D:?,64E:@?
Initial Here
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3. Property Management Agreement
3.1 MANAGER'S FEES
A. MANAGEMENT FEE: '2?286C H:== 36 A2:5 2?5 2>@F?E 6BF2= E@  @7 E96 8C@DD C6?E 5F6 H:E9 2 F?:E >:?:>F> @7  A6C F?:E
A6C >@?E9 == '2?286>6?E 766D 2C6 E@ 36 A2:5 3J E96 =2DE 52J @7 6G6CJ >@?E9 7C@> E96 AC@A6CEJ @H?6CMD 244@F?E == >2?286>6?E 766D 2C6
AC@C2E65 7@C A2CE:2==J C6?E65 >@?E9D 2?5 ?@ 766D H:== 36 @H65 :7 E96 *C@A6CEJ :D G242?E )H?6C F?56CDE2?5D E92E '2?286>6?E 66D H9:=6
32D65@?C6?E2=2>@F?ED2C6RI65 (@AC@C2E:@?@7'2?286>6?E 66D:DA6C>:EE65
B. INTAKE FEE: -9:D492C86:D5F62EE96E:>6E9:D8C66>6?E:D6I64FE65 
C. TENANT PROCUREMENT FEE: @C E96 AC@4FC6>6?E @7 2 -6?2?ED 7@C H9@> 2 =62D6 :D D:8?65 '2?286C H:== 36 A2:5 2 =62D:?8 766
6BF2= E@ @?6 >@?E9MD C6?E 7@C 2 =62D6 E6C> FA E@  >@?E9D 55:E:@?2= 492C86D H:== 2AA=J 7@C E6C>D =@?86C E92?  >@?E9D '2?286C @Q6CD
2== '&, 2?5 (@?'&, A2CE:4:A2E:?8 =:46?D65 +62=E@CD 2  4@>>:DD:@? E@ D9@H 2?5 2DD:DE :? 3C:?8:?8 2 BF2=:R65 2AA=:42?E E@ =62D6 J@FC
*C@A6CEJ This commission is included with the Leasing Fee.
D. RENEWAL OR EXTENSION FEE: 249 E:>6 2 E6?2?E C6?6HD @C 6IE6?5D E96:C =62D6 28C66>6?E '2?286C H:== 492C86 2 +6?6H2= 66
@7  -96 766 :?4=F56D C6D62C49 @7 4FCC6?E >2C<6E 4@?5:E:@?D AC6A2C2E:@? @7 =62D6 28C66>6?E 2?5 4@>A=:2?46 H:E9 ") =62D:?8
C6BF:C6>6?ED-9:D492C86H:==36A2:5E96 >@?E9 E966IE6?565=62D628C66>6?E92D366?6I64FE65
E. ADMINISTRATION FEE: '2?286C H:== 36 A2:5  A6C >@?E9 A6C AC@A6CEJ 7@C 25>:?:DEC2E:@? 766D H9:49 H:== :?4=F56 A@DE286
32?<:?8766DD@7EH2C62?5E649?@=@8J766D
F: ANNUAL TAX PREPARATION FEE: -96C6 :D 2? ??F2=  -2I *C6A2C2E:@? 66 E@ '2?286C E@ 4@G6C E96 4@DED @7 25>:?:DEC2E:@? 766D
2DD@4:2E65 H:E9 2== E649?@=@8J 762EFC6D E@ :?4=F56 6=64EC@?:4 56=:G6CJ @7 E96 C6BF:C65 #+, @C>  6249 J62C -9:D 766 :D 4@==64E65 2??F2==J
@?DE@7$2?F2CJ
6
G. FEES IN THE EVENT OF A SALE: #7 2?JE:>6 5FC:?8 E9:D 8C66>6?E @C H:E9:?  52JD 27E6C :E E6C>:?2E6D @C 6IA:C6D )H?6C D6==D E96
*C@A6CEJ E@ 2 E6?2?E H9@ @44FA:65 E96 *C@A6CEJ 5FC:?8 E96 E6C> @7 E9:D 8C66>6?E @H?6C H:== A2J C@<6C 2 766 6BF2= E@  @7 E96 E@E2=
D2=6D AC:46 @7 E96 9@>6 @C E96 AFCA@D6D @7 E9:D A2C28C2A9 E96 E6C> N-6?2?EO D92== :?4=F56 -6?2?E 2== >6>36CD @7 -6?2?EMD :>>65:2E6
72>:=J 2?J =682= 6?E:EJ :? H9:49 -6?2?E @C 2?J >6>36C @7 -6?2?EMD :>>65:2E6 72>:=J @H?D @C 4@?EC@=D 5:C64E=J @C :?5:C64E=J >@C6 E92? E6?
A6C46?E  @7 E96 D92C6D @C :?E6C6DED E96C6:? 2?5 2?J E9:C5 A2CEJ H9@ :D 24E:?8 F?56C E96 5:C64E:@? @C 4@?EC@= @7 2?J @7 E96 23@G6 A2CE:6D
FCE96C>@C67@CAFCA@D6D@7E9:D*2C28C2A9E96C@<6C:D:56?E:R652D-CF"2G6?"@>6D&&
#7 )H?6C 49@@D6D E@ D6== E96 9@>6 H9:=6 E96 9@>6 :D F?56C '2?286>6?E )H?6C H:== A2J -CF"2G6? "@>6D && 2 766 6BF2= E@ >@?E9D
'2?286>6?E 66D
#7 )H?6C 9:C65 -CF"2G6? "@>6D && E@ D6== E96 *C@A6CEJ 5FC:?8 E9:D 8C66>6?E )H?6C 28C66D E@ A2J C@<6C E@E2= 766 @7  @7 E96 D2=6D
AC:46 @7 E96 *C@A6CEJ E@ 36 5:DEC:3FE65  @7 E96 D2=6D AC:46 E@ E96 =:DE:?8 @T46 2?5  E@ E96 D6==:?8 @T46 :? 6Q64E:?8 E96 D2=6 3J R?5:?8
2 FJ6C C625J H:==:?8 2?5 23=6 E@ AFC492D6 E96 *C@A6CEJ #7 C@<6C AC@4FC6D 2 3FJ6C H:E9@FE E96 2DD:DE2?46 @7 2 4@@A6C2E:?8 C62=E@C E96
4@>>:DD:@?H:==36C65F465E@
H. MISCELLANEOUS FEES: #7 '2?286C 4@==64ED 25>:?:DEC2E:G6 492C86D 7C@> E6?2?ED @C AC@DA64E:G6 E6?2?ED :?4=F5:?8 3FE ?@E =:>:E65
E@ 2AA=:42E:@? 766D 2?5 C6EFC?65 4964< 766D '2?286C H:== C6E2:? DF49 766D 2D 4@>A6?D2E:@? F?56C E9:D 8C66>6?E -96 25>:?:DEC2E:G6 766D
F?56CE9:D*2C28C2A92C662C?652?5A2J23=62EE96E:>6C@<6C4@==64EDDF49766D
I. INVOICE PROCESSING FEE: )H?6C F?56CDE2?5D E92E -CF"2G6? "@>6D && 5@6D ?@E >2C<FA G6?5@C :?G@:46D @C @H? 2 >2:?E6?2?46
4@>A2?J 2?5 E9:D 766 :D :? =:6F @7 E9@D6 24E:@?D '2?286C H:== 492C86 2  #?G@:46 *C@46DD:?8 66 A6C :?G@:46 AC@46DD65 @? 3692=7 @7 E96
)H?6C
J. LANDLORD RESCUE FEE: #7 E96 '2?286C :D E2D<65 H:E9 6G:4E:?8 2 E6?2?E E92E H2D ?@E A=2465 3J E96 '2?286C )H?6C H:== A2J 2 
&2?5=@C5+6D4F6 66E@'2?286C
J:?:E:2=:?836=@HJ@F24<?@H=65862?528C66E@E96E6C>D:?,64E:@?
Initial Here
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4. Property Management Agreement
4.1 EARLY TERMINATION OF THE AGREEMENT
A. TERMINATION WHILE VACANT; #7 E96 *C@A6CEJ :D ?@E F?56C 2 &62D6 )H?6C >2J E6C>:?2E6 E9:D 28C66>6?E H:E9@FE 42FD6
H:E9 RG6  52JD HC:EE6? ?@E:46
B. TERMINATION WHILE OCCUPIED, WITHOUT PROVEN CAUSE: #7 E96 *C@A6CEJ :D F?56C 2 &62D6 )H?6C >2J E6C>:?2E6
H:E9@FE 42FD6 AC@G:565 E96 7@==@H:?8 4@?5:E:@?D 2C6 D2E:DR65 2)H?6C&2?5=@C5 8:G6D C@<6C E9:CEJ  52JD HC:EE6? ?@E:46 3
A2J E@ C@<6C AC:@C E@ E6C>:?2E:@? 2 DF> 6BF2= E@ E96 4@>>:DD:@?D 5F6 7@C E96 C6>2:?56C @7 E96 4FCC6?E -6?2?ED @44FA2?4J
4 )H?6C D92== :?56>?:7J C@<6C 7C@> 2?J 2?5 2== 4=2:>D 3J -6?2?E A6CE2:?:?8 E@ E96 ,64FC:EJ 6A@D:E '@G6)FE #?DA64E:@? 2?5
2?J 2?5 2== @E96C 4=2:>D >256 282:?DE C@<6C E92E A6CE2:? E@ A@DEE6C>:?2E:@? :DDF6D
C. TERMINATE WITH PROVEN CAUSE: )H?6C >2J E6C>:?2E6 E9:D 28C66>6?E 7@C 42FD6 H:E9  52JD HC:EE6? ?@E:46 2?5
HC:EE6? 6IA=2?2E:@? @7 E96 42FD6 E@ C@<6C 2 2FD6 >FDE 92G6 366? 255C6DD65 5:C64E=J H:E9 E96 C@<6C :? HC:E:?8 AC:@C
E@ E6C>:?2E:@? ?@E:46 2E E96 E:>6 @7 E96 :?4:56?E E@ 2==@H C@<6C 2 492?46 E@ 4FC6 3 )H?6C D92== :?56>?:7J C@<6C 7C@>
2?J 2?5 2== 4=2:>D 3J -6?2?E A6CE2:?:?8 E@ E96 ,64FC:EJ 6A@D:E '@G6)FE #?DA64E:@? 2?5 2?J 2?5 2== @E96C 4=2:>D >256 282:?DE
C@<6C E92E A6CE2:? E@ A@DEE6C>:?2E:@? :DDF6D
D. TERMINATION DUE TO SALE: )H?6C >2J E6C>:?2E6 E9:D 28C66>6?E :7 AC@A6CEJ :D D@=5 2 )H?6C H:== A2J -CF"2G6? "@>6D &&
2 766 6BF2= E@ >@?E9D '2?286>6?E 66D E@ 4=@D6 @FE E96 244@F?E F?56C E96D6 4:C4F>DE2?46D 3 )H?6C D92== :?56>?:7J C@<6C 7C@>
2?J 2?5 2== 4=2:>D 3J -6?2?E A6CE2:?:?8 E@ E96 ,64FC:EJ 6A@D:E '@G6)FE #?DA64E:@? 2?5 2?J 2?5 2== @E96C 4=2:>D >256 282:?DE
C@<6C E92E A6CE2:? E@ A@DEE6C>:?2E:@? :DDF6D
4.2 EVICTIONS
'2?286C H:== 2EE6>AE E@ 4@==64E 2== @FEDE2?5:?8 A2J>6?ED H96? 2?5 :7 2 E6?2?E :D :? 2CC62CD -96 '2?286C D92== FE:=:K6 :ED @H? 5:D4C6E:@? 2D
E@ H96? E@ :?:E:2E6 2? 6G:4E:@? AC@4665:?8 282:?DE 2?J E6?2?E H9@ 92D 72:=65 E@ A2J C6?E '2?286C 92D E96 F?:=2E6C2= C:89E E@ 9:C6 2EE@C?6JD
@? 3692=7 @7 E96 )H?6C 7@C E96 AFCA@D6D @7 2DD:DE:?8 :? 4@==64E:?8 C6?E @C :?:E:2E:?8 6G:4E:@? AC@4665:?8D )H?6C 28C66D E@ 2DD:8? 2== C:89ED
:E >2J 92G6 E@ AFCDF6 2? 6G:4E:@? E@ '2?286C @? )H?6CMD 3692=7 ?J 4@DED :?4FCC65 3J E96 '2?286C :? 4@==64E:?8 C6?ED @C :? 4@??64E:@?
H:E9 2?J 6G:4E:@? AC@4665:?8 :?4=F5:?8 3J ?@E =:>:E65 E@ 2EE@C?6J 766D4@DED 4@FCE 4@DED AC@46DD D6CG6C 766D 2?5 D96C:Q 766D D92== 36 A2:5
7
:? 7F== 3J )H?6C FA@? AC6D6?E2E:@? @7 2? :?G@:46 3J '2?286C ,9@F=5 )H?6C 6=64E E@ 92?5=6 6G:4E:@?D 9:D @C 96CD6=7 )H?6C >2J 5@ D@ 3J
8:G:?8 HC:EE6? ?@E:46 E@ E96 '2?286C 9@H6G6C E9:D 5@6D ?@E C6=:6G6 )H?6C @7 A2J>6?E 7@C AC6G:@FD @FEDE2?5:?8 :?G@:46D 2?5 6IA6?D6D @H65
E@ '2?286C #? 255:E:@? 6G:4E:@? 24E:@?D A6C7@C>65 3J )H?6C D92== C6=:6G6 '2?286C @7 2== C6DA@?D:3:=:EJ @7 6G:4E:@? @E96C E92? C6?56C 2==
A6CE:?6?E5@4F>6?E2E:@?@7*C@A6CEJE92EH2D4@==64E653J'2?286C5FC:?8>2?286>6?EA6C:@5
4.3 FORCLOSURE NOTICES
 #7 '2?286C C646:G6D ?@E:46 @7 E96 )H?6CMD 56=:?BF6?4J :? E96 A2J>6?E @7 2?J >@CE8286 @C 6?4F>3C2?46 D64FC65 3J E96 AC@A6CEJ AC@A6CEJ
E2I6D AC@A6CEJ :?DFC2?46 @C "@>6@H?6CMD DD@4:2E:@? 766D '2?286C >2J 8:G6  52JD E@ 4FC6 E96 56=:?BF6?4J 5FC:?8 H9:49 A6C:@5 )H?6C
2FE9@C:K6D '2?286C E@ 7C66K6 2?J 7F?5D 96=5 3J '2?286C 2?5 ?@ 5:D3FCD6>6?ED H:== 36 >256 E@ )H?6C C6=2E65 E@ E9:D 8C66>6?E @C E96
*C@A6CEJ #7 27E6C E96 52J A6C:@5 E96 56=:?BF6?4J :D ?@E 4FC65 2?5 E96 7@C64=@DFC6 AC@46DD :D :?:E:2E65 )H?6C 2FE9@C:K6D '2?286C E@
565F4E 7C@> 2?J @E96C 7F?5D 36:?8 96=5 3J '2?286C 7@C )H?6C 2?J C6>2:?:?8 '2?286C 766D @C 7F?5D 5F6 E@ '2?286C C6=2E65 E@ D6CG:46D
A6C7@C>65F?56CE9:D8C66>6?E
 )H?6C 2FE9@C:K6D '2?286C E@ C6EFC? 2?J D64FC:EJ 56A@D:E 36:?8 96=5 3J '2?286C E@ 2 E6?2?E @7 E96 *C@A6CEJ :? 255:E:@? E@ 2?J AC@C2E65
2>@F?E @7 C6?E 36:?8 96=5 3J '2?286C 2?5 '2?286C >2J E6C>:?2E6 E9:D 8C66>6?E H:E9@FE ?@E:46 -9:D A2C28C2A9 5@6D ?@E AC64=F56
'2?286C7C@>D66<:?82?J@E96CC6>65:6DF?56CE9:D8C66>6?E@C2E=2HE92E>2J362G2:=23=6E@'2?286C
4.4 MISCELLANEOUS PROVISIONS
A. FEDERAL FAIR HOUSING NOTICE #? 244@C52?46 H:E9 E96 656C2= 2:C "@FD:?8 =2HD E96 (2E:@?2= DD@4:2E:@? @7 +6D:56?E:2=
*C@A6CEJ '2?286CD (+*' 2?5 E96 (2E:@?2= DD@4:2E:@? @7 +62=E@CD @56 @7 E9:4D '2?286CMD D6CG:46D >FDE 36 AC@G:565 2?5 E96
*C@A6CEJ >FDE 36 D9@H? 2?5 >256 2G2:=23=6 E@ 2== A6CD@?D H:E9@FE C682C5 E@ C246 4@=@C C6=:8:@? ?2E:@?2= @C:8:? D6I 5:D23:=:EJ 72>:=:2=
DE2EFDD6IF2=@C:6?E2E:@?@C86?56C:56?E:EJ
B. CHICAGO RESIDENTIAL LANDLORD TENANT ORDINANCE: #7 2E 2?J E:>6 E9:D 8C66>6?E 4@?EC25:4ED H:E9 E96 6I:DE:?8 +&-)
@C7FEFC6492?86DE@E96+&-)2?5C6=2E65=2HDE96+&-)H:==DFA6CD656E9:D8C66>6?E
C. ILLINOIS SECURITY DEPOSIT RETURN ACT #7 2E 2?J E:>6 E9:D 8C66>6?E 4@?EC25:4ED H:E9 E96 6I:DE:?8 #,+ @C 7FEFC6 492?86D
E@E96#,+2?5C6=2E65=2HDE96#,+H:==DFA6CD656E9:D8C66>6?E
D. COMPLETE AGREEMENT/INTEGRATION CLAUSE -9:D 8C66>6?E D92== 36 3:?5:?8 FA@? A2CE:6D 2?5 6249 @7 E96:C C6DA64E:G6
96:CD 6I64FE@CD 25>:?:DEC2E@CD DF446DD@CD 2?5 2DD:8?D (@ 2>6?5>6?E E@ E9:D 8C66>6?E :D G2=:5 F?=6DD :? HC:E:?8 2?5 D:8?65 3J E96
A2CE:6D-96C62C6?@H2CC2?E:6D@CC6AC6D6?E2E:@?D?@E96C6:?4@?E2:?65
E. NOTICES: ?J ?@E:46 8:G6? AFCDF2?E E@ E9:D 8C66>6?E >FDE 36 :? HC:E:?8 2?5 H:== 36 6Q64E:G6 @?=J :7 56=:G6C65 A6CD@?2==J 3J @G6C?:89E
4@FC:6C D6CG:46 3J 46CE:R65 >2:= A@DE286 A2:5 C6EFC? C646:AE C6BF6DE65 3J 72I @C 6>2:= E@ E96 C64:A:6?E 2E :ED 255C6DD D6E 7@CE9 @? E96
D:8?2EFC6 A286 @7 E9:D 8C66>6?E (@E:46D D6?E 3J A6CD@?2= 56=:G6CJ @G6C?:89E 4@FC:6C D6CG:46 @C 46CE:R65 >2:= 2C6 6Q64E:G6 FA@? C646:AE
(@E:46D D6?E 3J 72I @C 6>2:= 2C6 6Q64E:G6 FA@? EC2?D>:DD:@? AC@G:565 E92E E96 D6?56C 5@6D ?@E C646:G6 2?J :?5:42E:@? E92E E96 72I @C 6>2:=
92D?@E366?DF446DD7F==JEC2?D>:EE65
F. SEVERABILITY #7 2?J A2CE @7 E9:D 8C66>6?E :D 56E6C>:?65 3J 2 4@FCE @7 4@>A6E6?E ;FC:D5:4E:@? E@ 36 F?6?7@C4623=6 2== @E96C A2CED @7
E9:D8C66>6?ED92==C6>2:?:?7F==7@C462?56Q64E
G. ASSIGNMENT: '2?286C C6E2:?D E96 C:89E E@ 2DD:8? E9:D 8C66>6?E @C :ED C:89ED 96C6F?56C @C 56=682E6 :ED 5FE:6D 96C6F?56C H:E9@FE
E96 HC:EE6? 4@?D6?E @7 E96 @E96C A2CEJ :?4=FD:G6 @7 :?DE2?46D @7 2? 2DD:8?>6?E 3J '2?286C E@ 2 4@CA@C2E:@? A2CE?6CD9:A =:>:E65 =:23:=:EJ
4@>A2?J 2DD@4:2E:@? ECFDE @C @E96C DF446DD@C 6?E:EJ H9:49 >2J E2<6 @G6C E96 *C@A6CEJ 2?5 42CCJ @? E96 2Q2:CD @7 '2?286C '2?286C H:==
AC@G:56 )H?6C ?@E:46 @7 DF49 2DD:8?>6?E )H?6C >2J 2DD:8? E9:D 8C66>6?E @C :ED C:89ED 96C6F?56C @C 56=682E6 :ED 5FE:6D 96C6F?56C @?=J
H:E9HC:EE6?4@?D6?E@7E96'2?286C2?5AC@A6C?@E:46
H. GOVERNING LAW AND VENUE -9:D 8C66>6?E D92== 36 8@G6C?65 3J E96 =2HD @7 E96 ,E2E6 @7 #==:?@:D )0(+ 2?5 '(!+
6IAC6DD=J DF3>:E E@ E96 ;FC:D5:4E:@? @7 E96 ,E2E6 @7 #==:?@:D 2?5 28C66 E92E G6?F6 :? 2?J =:E:82E:@? E@F49:?8 @C 4@?46C?:?8 E9:D 8C66>6?E D92==
36AC@A6C)(&1:?#==:?@:D
I. DISCLAIMER ON CREDIT, CRIMINAL and REFERENCE CHECKS: )H?6C 24<?@H=6586D E92E 2?J 4C65:E 2?5 4C:>:?2= 324<8C@F?5
4964<D C6BF6DE65 3J )H?6C 96C6F?56C 2C6 36:?8 A6C7@C>65 3J E9:C5 A2CEJ C6A@CE:?8 4@>A2?:6D E92E E96 :?7@C>2E:@? @3E2:?65 7C@> DF49
4@>A2?:6D 32J 36 :?4@>A=6E6 2?5@C :?244FC2E6 2?5 E92E E96 D4@A6 @7 DF49 4964<D >2J G2CJ 7C@> 4@>A2?J E@ 4@>A2?J )H?6C 7FCE96C
24<?@H=6586D E92E :? 4964<:?8 C676C6?46D E96 :?7@C>2E:@? AC@G:565 E@ '2?286C >2J 2=D@ 36 72=D6 :?4@>A=6E6 2?5@C :?244FC2E6 09:=6
'2?286C >2J @3E2:? @C 42FD6 E@ 36 @3E2:?65 46CE2:? :?7@C>2E:@? C682C5:?8 E96 324<8C@F?5 @7 AC@DA64E:G6 -6?2?ED E96 564:D:@? E@ C6?E @C
?@E C6?E E@ 2?J AC@DA64E:G6 -6?2?E D92== 36 >256 3J E96 '2?286C #? R==:?8 @FE 2?J '@G6 #? @?5:E:@? +6A@CE 2== A2CE:6D 24<?@H=6586 E92E
56764ED:?E96*C@A6CEJ>2J?@E2=H2JD36?@E:465
)H?6C F?56CDE2?5D 2?5 28C66D E92E 2== 4C65:E C6A@CE :?7@C>2E:@? AC@G:565 E@ C@<6C 3J 2AA:42?ED @C 4C65:E C6A@CE:?8 286?4:6D :D DEC:4E=J
4@?R56?E:2=2?5:DE96D@=6AC@A6CEJ@7E96C@<6C2?5C@<6C92D?@5FEJE@AC@G:56D2:5:?7@C>2E:@?E@)H?6C
J. MANAGER NOT A CONTRACTOR: )H?6C 24<?@H=6586D E92E '2?286C :D ?@E 2 =:46?D65 86?6C2= 4@?EC24E@C 2?5 5@6D ?@E 92G6 DA64:2=
6IA6CE:D6 E@ 56E6C>:?6 :7 2?J H@C< A6C7@C>65 3J E9:C5 A2CEJ 4@?EC24E@CD @? E96 *C@A6CEJ 92D 366? A6C7@C>65 :? 244@C52?46 H:E9 3F:=5:?8
4@56 C6BF:C6>6?ED @C 3F:=5:?8 :?5FDECJ DE2?52C5D #7 E96C6 :D 2 C6A@CE65 ?665 7@C 2 C6A2:C @C C6A=246>6?E @7 2?J A@CE:@? @7 E96 *C@A6CEJ
'2?286C D92== 4@?E24E C6A2:C A6CD@??6= 2?5 @3E2:? 4@DE @7 C6A2:C:?8 @C C6A=24:?8 E96 D2>6 .?56C E96 2AAC@G2= @7 E96 C6A2:C @C C6A=246>6?E
8
3J )H?6C 6I46AE :? 6>6C86?4:6D '2?286C D92== 2FE9@C:K6 E96 H@C< E@ 36 A6C7@C>65 @? 3692=7 @7 )H?6C FA@? E96 4@>A=6E:@? @7 E96 H@C<
'2?286C D92== 4@?5F4E 2 G:D:3=6 :?DA64E:@? @7 E96 H@C< 2D 2 ?@?6IA6CE :? E96 2C62 E@ 56E6C>:?6 :7 E96 H@C< 2AA62CD E@ 92G6 366? 7F==J
4@>A=6E65 )H?6C 28C66D E@ :?56>?:7J 2?5 9@=5 '2?286C 92C>=6DD 7C@> 2?J 2?5 2== 4=2:>D 42FD6D @7 24E:@? DF:ED 2?5 52>286D 2C:D:?8 @FE
@7@CC6=2E:?8E@E96D64E:@?@72G6?5@CE@A6C7@C>E96H@C<2?5E96A6C7@C>2?46@7E96H@C<:ED6=7
K. ASSIGNMENT: -9:D 8C66>6?E >2J 36 2DD:8?65 3J '2?286C E@ 2?@E96C C62= 6DE2E6 C@<6C =:46?D65 :? E96 DE2E6 @7 #==:?@:D FA@? ?@E:46
E@)H?6C ?J 2DD:8?66D92==7F=R==2==E96D2>6E6C>D2?54@?5:E:@?D@7E9:D8C66>6?E
L. TIME OF ESSENCE: -:>6:D@7E966DD6?46@7E9:D8C66>6?E
4.5 RESPONSIBILITY OF OWNER
 .A@?E96DE2CE@7'2?286>6?E8C66>6?E)H?6CDH:==AC@G:56E@'2?286C
 4@>A=6E6507@C>
 -9C66D6ED@7<6JDE@2==5@@CD
 4964<@C@?=:?64@?EC:3FE:@?E@J@FC244@F?EE@4@G6CE96C6BF:C65C6D6CG62?5#?E2<6 66
 4@AJ@7E96AC@A6CEJ:?DFC2?46A@=:4J?2>:?8-CF"2G6?"@>6D&&2D255:E:@?2=:?DFC65
#7AC6>:D6D@44FA:653JE6?2?EDD
 4@AJ@74FCC6?E=62D62?5>@G6:?C6A@CEA9@E@D
 @?E24E:?7@C>2E:@?@72==E6?2?ED
 ?244@F?E:?8@72?J2>@F?ED4FCC6?E=J5F63JE96E6?2?ED
J:?:E:2=:?836=@HJ@F24<?@H=65862?528C66E@E96E6C>D:?,64E:@?
Initial Here
X
5. Sign and Accept
5.1 ACCEPTANCE OF MANAGEMENT AGREEMENT
-9:D :D 2 =682==J 3:?5:?8 5@4F>6?E J EJA:?8 J@FC ?2>6 J@F 2C6 4@?D6?E:?8 E@ FD6 6=64EC@?:4 >62?D E@ : D:8? E9:D 4@?EC24E :: 2446AE =62D6
28C66>6?E2?52556?521@FH:==C646:G62AC:?E654@?EC24E7@CJ@FCC64@C5D
Owner
Date Signed
X
Agent/Broker
Date Signed
X
9