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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Do you need to initial each page of a contract?

There is no statute or law that demands that each page of a contract be initialed. Written contracts are binding if signed once by the parties to the contract–so don't assume you wan wiggle out of a contract because you did not initial it on every page; the contract is binding if signed on the last page.

What are three things a management agreement should contain?

6 things that should be included in a property management... Fees and services. ... The responsibilities of the property owner. ... Equal opportunity housing. ... Liability. ... Contract duration. ... Termination clause.

Do I have to initial every page?

Do I Need To Initial Every Page? No, not every page needs to be initialled. Certainly, you can initial every page if you have decided this is the best course of action to take, but there is no obligation. Initialling can be done to some of the more important pages on a document or pages where changes have been made.

What is the standard term for a management agreement?

Business owners often sign these written agreements directly with the management company. This typically gives the management company operational control for an established period of time, usually for two to five years.

What does initial on contract mean?

Initialing serves as a precautionary measure meant to protect the integrity of the signed document. Interestingly, adding initials on every page of a contract is not a legal requirement for a party to express consent; a signature is sufficient to create a valid contract (under Luxembourgish law, at least).

What is the initial on each page of the contract?

The initials, that scribble at the bottom of the page, are supposed to represent your consent and often end up scrawled in a corner of the page at the end of the 48th page of your contract. The usefulness of the initials is often questioned and their function remains abstruse for the vast majority of signatories.

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