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Item 102EXECUTIVE SUMMARY MEETING DATE: November 20, 2023 SUBJECT:HCR23125Award of Property Management Services Contract for Valley Vista ApartmentsCOUNCIL DISTRICT: 3 ORIGINATING DEPARTMENT: Real
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Obtain the necessary forms for the award of property management.
02
Fill out the required information such as property details, owner's information, and reason for applying for the award.
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Provide any supporting documents or evidence required.
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Who needs award of property management?

01
Property owners who wish to delegate property management responsibilities to a professional property management company.
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Real estate investors who own multiple properties and want to streamline the management process.
03
Property developers or landlords who do not have the time or expertise to manage their properties effectively.
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The award of property management is a legal document that grants a property manager the authority to manage and oversee a particular property on behalf of the owner.
Property owners who wish to appoint a property manager to handle their property affairs are required to file an award of property management.
To fill out the award of property management, you need to provide details such as the property address, the owner's information, the property manager's information, and the scope of management responsibilities.
The purpose of the award of property management is to legally establish the relationship between the property owner and the property manager, outlining the powers and responsibilities of the manager.
The information that must be reported includes the property description, contact details of the owner and manager, and any specific terms or conditions related to the management of the property.
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