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AGREEMENT CUSTODIAL CONTRACT July 1, 2015June 30, 2018Preamble1ARTICLE IRecognition1ARTICLE Rights of the Board of Education1ARTICLE III Union Security1ARTICLE IVSeniority2ARTICLE VWages3ARTICLE Work

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How to fill out custodial contract

01

Start by obtaining a custodial contract template or create your own. This document should outline the terms and conditions of the custodial service.

02

Begin by filling in the basic information of the parties involved, such as names, addresses, and contact details.

03

Clearly state the scope of the custodial services being provided. This may include information about the frequency of cleaning, specific tasks to be performed, and any additional services.

04

Specify the duration of the contract, whether it is a one-time service or an ongoing agreement for a specified period of time.

05

Outline the payment terms, including the cost of services, accepted payment methods, and any penalties for late payments.

06

Include any provisions for termination or cancellation of the contract, such as notice periods or conditions under which either party can terminate the agreement.

07

Make sure to include clauses regarding liability and insurance coverage, outlining the responsibilities of both the custodial service provider and the client.

08

Review the completed contract thoroughly, ensuring that all information is accurate and that both parties agree to the terms and conditions.

09

Have both parties sign and date the contract, and provide each party with a copy for their records.

10

Keep the custodial contract in a safe place and refer to it as needed throughout the duration of the agreement.

Who needs custodial contract?

01

A custodial contract is needed by anyone who requires professional cleaning services on a regular basis.

02

This includes individuals who own or manage residential or commercial properties, such as homeowners, landlords, property managers, and business owners.

03

Custodial contracts are also commonly used in educational institutions, healthcare facilities, offices, and other public or private establishments that require regular cleaning and maintenance.

04

By having a custodial contract in place, both the service provider and the client can ensure that their rights, responsibilities, and expectations are clearly defined, leading to a smoother working relationship.

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What is custodial contract?

A custodial contract is an agreement between a custodian and another party that outlines the terms under which the custodian will manage and safeguard assets on behalf of the client.

Who is required to file custodial contract?

Typically, financial institutions and custodians who manage assets on behalf of clients are required to file a custodial contract.

How to fill out custodial contract?

To fill out a custodial contract, you need to provide accurate information about the parties involved, the terms of management, the assets being managed, and any fees or provisions agreed upon.

What is the purpose of custodial contract?

The purpose of a custodial contract is to define the responsibilities of the custodian in managing assets and to ensure the protection and proper handling of those assets.

What information must be reported on custodial contract?

The custodial contract must report details such as the identity of the custodian and client, a description of the assets, management fees, and the terms of custody.

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