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The document is a Property Management Agreement between Valley Investment Properties, Inc. and the Owner, outlining the terms and conditions for managing a specified property. It details the responsibilities of the Manager, including repairs, rent collection, and leasing services, as well as financial arrangements such as management fees and expenses. The agreement also covers legal compliance, indemnity provisions, termination conditions, and insurance requirements. Overall, it establishes a framework for the management of the property to ensure effective operation and maintenance.

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