INVESTMENT MANAGEMENT AGREEMENT
This Investment Agreement herein referred to as the “Agreement” is made and
entered into on _____________________ (hereinafter the “Effective Date”) between
TOAN NGUYEN (hereinafter referred to as the” Owner,”) and LAMAR TARVER
(hereinafter referred to as the “investor/manager”).
WHEREAS the parties herein have willingly agreed to enter into this Agreement to
provide investment in the property.
The parties hereby agree as follows:
The parties herein agree that the investor shall remit to the Owner a payment of
__________, together with his time from now on, referred to as the “Investment.”
The subject property herein is located at 1307 82nd Ave Oakland can 94621. Any
future major repairs needed, the costs will be split in half between the parties.
In return for the Investment and the management thereof, the Investor shall receive
$5,000. Further, the Investor shall get 100% of the rent money from the back unit
and the laundry room.
The parties herein agree that the investor shall also be the manager whose
responsibilities shall be; –
i. Run the management of the property.
ii. Help with anything major that breaks far as water pipes; I would be wil to meet
iii. We are completely renovating the property.
iv. Screening the new tenant’s credits.
v. Doing background check.
vi. Collecting monthly rent.
vii. Remodel the downstairs unit by remodeling the water damage.
viii. Monthly grass maintenance.
All the terms and conditions and any confidential information must be kept
confidential unless disclosure is required under the law.
Disclosing or using this information for any purpose beyond the scope of this
Agreement or the exceptions set forth above is expressly forbidden without the
Parties’ prior consent.
The Parties agree that the confidentiality clause will remain active and in power even
upon its completion.
6. Conflict Resolution.
The parties hereby mutually agree to have mutual negotiations in good faith if there
arises a dispute and/or conflict concerning the services, interpretation, obligations,
etc., envisioned under this agreement. If the negotiations fail, parties may resolve the
issue/dispute/conflict through neutral Arbitration. The decision and award of the
arbitrator shall be final and binding on all parties. The costs of such proceedings
shall be borne equally by both parties.
7. Entire Agreement.
This Agreement contains the entire understandings of the parties concerning the
subject matter herein and supersedes all previous agreements (oral and written),
negotiations, and discussions. The descriptive headings of the sections of this
Agreement are inserted for convenience only and shall not control or affect the
meaning or construction of any provision hereof.
Any modifications or amendments to this Agreement must be in writing and signed
by both parties.
8. Choice of Law.
This Agreement shall be construed, governed, interpreted, and applied according to
the State of California laws.
The waiver by either party of the breach of any covenant or provision in this
Agreement shall not operate or be construed as a waiver of any subsequent breach
by either party.
In the event a court of competent jurisdiction declares any term or provision of this
Agreement to be invalid or unenforceable for any reason, this Agreement will remain
in full force and effect and either:
a. The invalid or unenforceable provision(s) will be modified to the minimum
extent necessary to make such provision(s) valid and enforceable; or
b. If such a modification is not possible, this Agreement will be interpreted as if
such invalid or unenforceable provision(s) were not a part of this Agreement.
This Agreement may be executed in any number of counterparts, all of which will
constitute the same instrument and be an original of this Agreement.
IN WITNESS WHEREOF, this agreement has been executed by the parties herein;-
Signed by TOAN NGUYEN.
Signed by LAMAR TARVER.
Email Address: _________________
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