VAR Form 900-FL BBB edits 6-5-14 2025

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The document is a legally binding Residential Property Management and Exclusive Rental Agreement between an Owner and an Agent, outlining the terms of property management services. It details the responsibilities of both parties, including the Agent's authority to procure tenants, collect rents, manage repairs, and handle legal procedures related to the property. The agreement also specifies fees for various services, insurance requirements, compliance with local laws, and conditions for termination. Additionally, it includes provisions for nonresident owners and fair housing compliance.

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