Terms & Conditions: Clutch Property Management

These Terms & Conditions ("Agreement") constitute a legally binding agreement between: Clutch Property Management ("Manager," "we," "us," or "our") and the property owner(s) ("Owner," "you," or "your") who have engaged our services for the management of real property.
By signing a Clutch Property Management Agreement, accessing our client portal, or using our services, you agree to be bound by these terms.

1. Scope of Services
   Manager agrees to provide professional property management services, including, but not limited to: Marketing & Leasing: Advertising vacancies, screening tenants, and executing lease agreements.
   Rent Collection: Collecting monthly rent, security deposits, and other fees.
   Maintenance & Repairs: Coordinating routine maintenance and emergency repairs.
   Financial Reporting: Providing monthly owner statements, income/expense reports, and tax documents (1099s).
2. Owner Responsibilities
   To ensure the effective management of the property, the Owner agrees to: Maintain Insurance: Maintain adequate landlord liability and property insurance, naming [Clutch Property Management ] as an "additionally insured" party.
   Provide Information: Disclose all known property defects, HOA rules, and required local compliance information.
3. Fees and Compensation
   Management Fee: 10% of gross monthly rent collected.
   Late Fees: Late fees collected from tenants are retained by Manager
4. Maintenance and Repairs
   Authorization Threshold: The Manager is authorized to perform necessary repairs without owner approval up to a maximum cost of $250.00 per incident.
   Emergencies: In emergencies (e.g., pipe burst, fire, loss of heat), the Manager may exceed this threshold to protect the property or comply with habitability laws.
5. Fair Housing Compliance
   Clutch Property Management strictly adheres to the Fair Housing Act (Federal, State, and Local laws). We do not discriminate against any person based on race, color, religion, sex, disability, familial status, or national origin.
6. Limitation of Liability
   Manager Liability: Manager shall not be liable for any damage, loss, or injury to the property or its occupants, except in cases of gross negligence or willful misconduct.
   Third-Party Vendors: Manager is not responsible for the acts, omissions, or poor workmanship of independent contractors (e.g., plumbers, cleaners) hired to perform repairs, provided reasonable care was taken in their selection.
   Maximum Liability: In no event shall the Manager's liability exceed the total management fees paid by the owner in the six (6) months prior to the incident.
7. Term and Termination
   Term: This agreement is effective for one (1) year, beginning on date of signed agreement
   Termination: Either party may terminate this agreement with [30/60] days' written notice.
   Termination Fee: If terminated early without cause, a fee of 3 months commission may apply.
8. Governing Law
   This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado.