8258 Pierson.pdf

Rdcuo, LLC Petitioner V City Of Detroit Respondent · 26-002867-TT

← View full record

Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.

Coleman A. Young Municipal Center

 Phone: (313) 628-0722

 2 Woodward Avenue, Suite 105

 Fax: (313) 224-4576

 Detroit, Michigan 48226

 www.detroitmi.gov



 04/06/2026



RED P 8258 LLC

32252 RUSH

GARDEN CITY MI 48135



RE: 2026 MARCH BOARD OF REVIEW PETITION NUMBER: M-005433

The March Board of Review has considered the appeal on the 2026 assessment for the below described property

and concluded that:

FINDING OF FACTS:

 1. Parcel Number: 22106176.

 2. Property Address: 8258 PIERSON

 3. District: 7

 4. Property Classification: 401 (RESIDENTIAL-IMPROVED) Ad Valorem

 6. Principle Residence Exemption:

 5. Property Legal Description:

 E PIERSON N 9 FT 46 S 31 FT 45 AND W 9 FT OF VAC ALLEY ADJ BONAPARTE PARKVIEW SUB L62 P87 PLATS, W C R 22/671 40

 X 132.59A

 6. Petitioner timely filed an appeal to the March Board of Review.

 7. The March Board of Review considered (if any) petitioner's and/or duly authorized representative evidence

 and/or testimony. The March Board of Review considered facts presented as on the assessment roll and/or any

 recommendations offered by the Office of the Assessor.



CONCLUSION:

The Board of Review has considered the appeal filed and found there was no adjustment warranted.



 Before Appeal After Appeal

 2026 Assessed Value 36,300 36,300

 2026 Taxable Value 34,199 34,199

If you are dissatisfied with the decision of the March Board of Review, submit this notice and complete the enclosed

small claims form to appeal to:



 Michigan Tax Tribunal

 P.O. Box 30232

 Lansing MI 48909



A Michigan Tax Tribunal appeal must be made by May 31st of the current year for properties classified as:

Commercial Real, Industrial Real, Commercial Personal, Industrial Personal and Utility Personal Property.



A Michigan Tax Tribunal appeal must be made by July 31st of the current year for Residential Real Property

Classification.



A property Classification appeal may only be made for the current year. Such appeal may be filed with the

State Tax Commission, PO Box 30471, Lansing, MI 48909-7971 by June 30th of the current year.



Sincerely,



 City of Detroit Board of Review



02

Fidelity National Title Company, LLC

 @ Fidelity National Title 39533 Woodward Ave, Suite 333, Bloomfield Hills, MI

 48304

 Phone: (248)594-9390



 BUYER'S STATEMENT



 Settlement Date: January 8, 2024 Escrow Number: 0191755

 Disbursement Date: January 8, 2024 Escrow Officer: Emma Priest

 Email: Emma.Priest@FNF.com

 Buyer: RED P8258 LLC

 32252 Rush

 Garden City, MI 48135

 Seller: Darrel Bartkowiak

 32252 Rush

 Garden City, MI 48135

 Property: 8258 Pierson Street

 Detroit, MI 48228



 $ DEBITS $ CREDITS

 FINANCIAL CONSIDERATION

 Sale Price of Property 60,000.00

 Security Deposit 1,500.00

PRORATIONS/ADJUSTMENTS

 County Taxes at $118.87 01/08/24 to 12/01/24 ($118.87 / 366 X 328 days) 106.53

City/Town Taxes at $1,038.86 01/08/24 to 07/01/24 ($1,038.86 / 366 X 175 days) 496.72

TITLE & ESCROW CHARGES

Title - Recording Service Fee Fidelity National Title Company, LLC 35.00

 Mtle - Settlement Closing Fee Fidelity National Title Company, LLC 250.00

GOVERNMENT CHARGES

Recording Fees Recording - Fidelity National Title Company, LLC 23.00

Subtotals 60,911.25 1,500.00

Balance Due FROM Buyer 59,411.25

TOTALS 60,911.25 60,911.25



I have carefully reviewed the Settlement Statement and to the best of my knowledge and belief, it is a true and accurate

statement of all receipts and disbursements made on my account or by me in this transaction. | further certify that | have

received a copy of the Settlement Statement.



 BUYER:



 RED P 8258 LLC



 BY:

 Darrel Bartowiak as Managing Member

BUYER'S STATEMENT - Continued



Fidelity National Title Company, LLC

Settlement Agent

FOUAL HOUSING

 OPPORTUNITY RESIDENTIAL MANAGEMENT AGREEMENT



 This Agreement is made by and between DPI Property Holding, LLC hereinafter referred to as Agent

 and, RDR Properties LLC, parent entity for the following LLCs attached herein ExhibitA, hereinafter referred to

as Owner to secure the services of the Agent in the management of real property hereinafter referred to as the

Premises, for a period beginning on 1/1/25 and shall be for an initial term of thirty (30) days plus days to the end

of the month (terms ends on the last day of the month) and shall renew in thirty (30) day increments automatically

unless thirty (30) days’ notice is given prior to the expiration date of intent to terminate Agreement by either party

and subject to paragraph 3. This Agreement shall be binding when it has been signed and dated by Owner and

Agent and subject to the following terms and conditions.



Addresses of Premises:



 See Exhibit A, which provides the addresses and corresponding LLC subsidiaries of Owner, as

they appear on the respective deeds.



 16672 Lauder |RDRL 16672 LLC



 16752 Stout RDR § 16752 LLC



 17156 Fenton [RDRF 17456 LLC



 18540 Vaughan [RDR V 18540 LLC

 18627 Mendota RED M 18627 LLC

 18976 Lenore ROR L 18976 LLC

 19437 Burgess RDR Properties LLC

 20037 Winston |RDR W 20037 LLC

 3440 Garland |RDHTZ 3440 LLC



 8252 Grandville | RDR Properties LLC



 8461 Plainview |RDR Properties LLC

 3639 Minock [RDR M8639 LLC



 S080 Stoui ROR Properties LLC

9091 MINQCK. |RDCUD 9091 R

 9262 FIELDING |RDCUO 9262 F

 9360 Jameson RDR J 9360, LLC

1. APPOINTMENT AND AUTHORITY OF AGENT:

 a) The owner hereby appoints Agent as the sole and exclusive Agent to rent, lease, manage,

 collect and receipt for rents and operate the Premises. The Owner, however, retains the right

 to make management decisions concerning establishing parameters for new tenants, rental

 terms, and capital or repair expenditures as described in paragraph 4, and must advise Agent

 of these terms at onset of the Agreement. Agent is authorized to negotiate, prepare, and

 execute all leases, including renewals and extensions of leases, and to cancel and modify

 existing leases, utilizing Agent forms and Agreements exclusively. Owner agrees to all terms

 and provisions within Agent forms and Agreements pertaining to tenants and prospective

 tenants, and Agent may be referred to as “Landlord,” “Management,” and/or “Agent for

 Owner.”

 b) During the term of this Agreement, Owner shall not authorize any other persons to negotiate or

 act as rental agent with respect to any leases for the Premises. Owner, or any third party

 acting on Owner's behalf shall not have any contact whatsoever with any tenant, nor shall

 Owner visit the Premises unannounced or without proper notice given to tenant by Agent.

 ©) Agent and Owner agree to follow all Federal and Local Fair Housing Laws.

 d) Itis agreed that the Agent is entitled to compensation as provided herein in connection with

 any lease that may be executed during the term of this Agreement, even if said lease was

 negotiated by the Owner or any other party. Agent shall be paid compensation at the rate as

 provided herein in connection with any lease which is being negotiated at the time of

 termination of this Agreement if the tenant was into to the Premises by Agent.

 e) Owner warrants that Owner is the sole Owner of the Premises or has unconditional

 authority to execute this Agreement on behalf of any Co-Owner and that the Premises are not

 subject to current legal action or foreclosure. Any individual Owner shall have authority to

 hereafter take action and enter into further agreements with the Agent on behalf of all Co-

 Owners.

 f) Agent is authorized to place a lock box on the Premises when vacant.

 g) Agent is not responsible for damage that occurs at the Premises while vacant.

 h) Owners of new accounts or in any circumstance where the Premises is Tenant occupied,

 agree to provide an accounting of all security deposits, and to supply Agent with matching

 funds prior to the execution of this Agreement.



 2. RENTAL TERMS:



 a) Therent is to be agreed upon in writing or via e-mail. Rent may be further adjusted with permission of the Owner.

 b) Availability of rental shall be for a minimum term of one (1) year, unless otherwise approved by the Owner.

 ©) Security Deposit: With respect to any security deposit to be paid by tenant pursuant to the

 Lease of Premises, Owner authorizes Agent to hold such deposit in Agent's Trust account

 and all interest earned on said account is the property of the Agent with proper notification to

 the Tenant.



3. TERMS:



 a) Inthe event that the premises are rented or leased through the agent and the lease term

 runs longer than the terms of the agreement, agent shall continue to be compensated as stated in

 paragraph 6.

termination provisions of this section will only apply if all units were not rented or leased within

 sixty (60) days of the date of this Agreement, or all units remained vacant for any sixty (60) day

 period. Termination of this Agreement shall not adversely affect the rights of tenants under

 existing leases.



 [o] In the event of termination by the Owner, or expiration of this agreement, the agent shall receive the

 balance of any management fees due under existing leases.



4. SPECIFIC AUTHORITY FOR REPAIR AND ALTERATIONS:

 a) In the event that Owner's Premises is covered under warranty, Owner agrees at the onset of this

 Agreement to supply Owner's with all such warranties, including but not limited to any and all

 warranties for appliances; major equipment such as heating, air, electrical, and plumbing;

 structural integrity, etc. Agent agrees to first attempt coordinating necessary repairs through such

 applicable warranties and related vendors or contractors, only if the tenant's repair request is not

 an emergency or if the Agent does not feel it is in the best interest of the Premises and Owner.

 b) When an item, circumstance, or needed repair is not covered by an above mentioned warranty, or

 if Owner does not provide any and all applicable warranties at the onset of this Agreement, or if

 Agent does not receive a timely response after first attempt from the applicable warranty process

 and/or the related vendors/contractors, or tenant's repairs request is an emergency, or the Agent

 feels immediate action is needed to mitigate further damage to Premises, Owner hereby gives

 Agent the following authority and powers and agrees to pay promptly on demand all legitimate

 expenses in connection with the following: purchase necessary supplies; to contract for such

 utility services as Agent may deem advisable; to make Owner authorized alterations and

 decorations; to make necessary repairs to the Premises without the express written consent of

 Owner, limited to $ 400 per incident, except that in the case of an emergency, Agent may, without

 prior approval, make whatever expenditures on behalf of Owner that are reasonably necessary to

 preserve the Premises or prevent further damage from occurring. In addition to other authority of

 Agent, Agent may pay or incur without limitation on behalf of Owner monthly or recurring operating

 charges and/or emergency repair, if, in the reasonable opinion of the Agent, such repairs are

 necessary to protect the Premises from damage or maintain services to the tenants as called for in

 state law or Rental Agreement. Specifically, the agent shall have the consent of the Ownerto

 replace a water heater, or any other items deemed an emergency if those items require repair.

 Those items are not to be limited by other Owner repair restrictions in this paragraph. Agent is

 authorized on behalf of Owner to hire, discharge, supervise and pay any employees or contractors

 for work performed. All providers of services shall be deemed to be acting on behalf of the Owner

 and not the Agent. Agent will not be liable to the Owner or others for any act, default or negligence

 on the part of such persons, contractors or other workmen, providing Agent has taken reasonable

 care in engaging them or their employee

 Q) Anytime an Owner wishes to do his own make ready, the Agent will not market the property until it has

 passed the Agents make ready inspection. First make a ready inspection and list of what needs to be

 done comes at no charge to the Owner. The re-inspection is also at no charge providing that

 everything is completed satisfactory. In the event that the make ready is not complete and subsequent

d) Owner and Agent agree that any such charges related to tenant negligence, or any act thereof

 will be paid by the Owner initially and then charged-back to Tenant.

e) Owner authorizes Agent to contract for services to include but not limited to, water, sewer,

 garbage, gas, electric, irrigation, yard care/grounds keeping, and maintenance agreements. The

 owner agrees to assume the obligation of any contract entered.

 SUPERVISION OF RESTORATION/IMPROVEMENTS: Agent shall be paid a 10 % third

 party contractors fee of the cost of any and all construction, repairs, and capital improvements

 made to the Premises during the term of this Agreement in excess of $ 0.

9) Owner agrees that upon authorization of repairs, or in the event of emergency repairs of an amount

 more than the net rent proceeds for one month the Owner shall provide funds to the Agent

 immediately.

h) SMOKE ALARMS: Premises are to have working hard wired or 10-year lithium battery smoke

 alarms properly, Carbon Monoxide located in each location as required by the International

 Housing Code and a fire extinguisher in each unit. Owner authorizes Agent to install/replace as

 necessary. 3

 Owner agrees that Agent shall have full authority to perform or to cause to be performed such

 maintenance of the property as is reasonable and necessary for the safety of the tenants and the

 preservation of the property.

 Owner agrees that Agent may, at his sole discretion, install new dead-bolt locks and passage knobs

 on all exterior doors on the property at Owner's expense.

 Owner agrees that Agent may, at his sole discretion, inspect the property to determine what

 maintenance needs to be performed to the property.

 GUTTERS: Are to be cleaned twice per year at the expense of the Owner.

 In the event of Agent's termination, should there be any outstanding and unpaid obligations,

 debts, or charges due Agent, any amounts on account or received by Agent on account or

 otherwise due Owner shall be applied first to satisfy those obligations and then disbursed to

 Owner. Owner waives all protest and defenses against Agent for such lawful disbursements.

 Agent's lien rights against the subject property shall not be waived by this provision. Agent shall

 retain a reserve based on the number of properties managed by Agent.



 Reserve schedule:

 Number of Properties ~~ Amount for each property

 1$2-3% 2000

 1200

 45 $1000

 67 $900

 89% 800

 10-up $750

5. AGENT'S RESPONSIBILITIES:



 In addition to the foregoing, the Agent will perform the following functions on Owner's behalf:

 a) ADVERTISING FOR TENANT: Agent shall advertise for Tenant in accordance with Agent's

 marketing plan. Owner may advertise at Owner's expense or instruct Agent to advertise in a

 certain publication with actual expenses of said advertising being the Owner's responsibility.

 b) SCREEN APPLICANTS/TENANTS: Agent shall screen all applicants/prospective tenants that

 are 18 years of age or older by obtaining a credit report, criminal background report,

 current landlord references, and verification of employment and income. Dependent

 children over 18 will be screened if their income is to be used to pay rent. Agent is not liable for

 information unavailable at the time of leasing or a change in the tenant's status during the lease. The

 owner understands and agrees that any private information of the tenant shall remain with the

 Agent and shall not be disclosed to the Owner.



 ¢) SECURITY DEPOSIT: Collect and place into escrow accounts, as required by law, security

 deposits under any lease. Agent is authorized to disburse the security deposit at such times and

 such persons as Agent shall in good faith believe to be entitled to such funds in accordance with

 the Michigan laws governing security deposits. Any interest earned on said deposits shall, with

 tenant's permission, belong to Agent. No fees or rents may be deducted from any tenant security

 deposit until the termination of the tenancy.



 d) COLLECTION: Make reasonable efforts to collect all the rents and other fees due from tenants

 when such amounts become due, and deposit same into an agency account maintained on behalf

 of the Owner, but Agent does not guarantee the payment of any tenant's rent, late fees, charge-

 backs, etc.



 e) DISBURSEMENT OF BALANCE OF RENT: Withdraw from such account all funds needed for

 proper disbursements for expenses payable by the Owner including without limitation, Agent's

 compensation. Agent shall remit balance of rent to Owner at Owner's address set forth in Paragraph 9

 on or before the 10th of the following month.

 f) NEGOTIATE PARTIAL REFUNDS WITH TENANTS: If, in Agent's reasonable opinion, the

 Tenant's use and enjoyment of the Premises has been or will be materially and adversely

 affected as a result of a defect in the condition of the Premises (such as a repair to the electrical,

 plumbing, sanitary, heating or ventilating facilities or a major appliance that cannot be made

 reasonably and promptly due to the Owner).



 g) INSTITUTE THIRD PARTY COLLECTION EFFORTS: Should a tenant move out with an

 outstanding balance. Agent shall be paid 10 % of any such collections received after any

 applicable third-party collection fees are deducted. Collection efforts shall survive this term or

 expiration of this Agreement. The owner may not accept any payment from the Tenant for any

 outstanding balance due. Should the Owner ask the Agent to collect for monies owed to Owner

 prior to the date of this agreement, Agent shall be paid 10 % of any such collections received

 after any applicable third-party collection fees are deducted.



 h) INSPECTIONS: Agent shall conduct inspections in accordance with Paragraph 6-g and shall

 provide Owner with written documentation of said inspections.



 i) Normal property management services DO NOT include the following:

construction, assessment appeals, and counseling.

 Removing Owner or other management company placed Tenants through eviction or other means.

 Should Owner request Agent to perform services not included in normal property management,

 a fee based at $ 100 per hour, with a 1 hour minimum, may be assessed at Agent's discretion.



 6. AGENT'S COMPENSATION:

 a) FOR MANAGEMENT: A Monthly fee equal to 10 % of gross rents collected per unit. There is no

 management fee charged while the Premises are vacant. The monthly fee includes collecting

 the rent; enforcing timely payments; managing non-payments; issuing and collecting late fees;

 disbursing proceeds to Owner along with a detailed statement showing month-to-date accounting;

 providing all tenants with emergency service for any and all emergencies and dispatching

 maintenance personnel; and receiving and managing all tenant issues, complaints, problems,

 etc.

 b) FOR LEASING: A one-time fee equal to 100 % of one full month's rent for each new tenant's

 leases shall be paid to Agent but shall not be payable in connection with tenant renewals. The

 leasing fee shall be deducted from the Owner's first rental proceeds disbursement and is non-

 refundable. This fee is for advertising the Premises, coordinating showing the Premises to

 prospective tenants, processing tenant applications, screening tenants, drafting tenant leases,

 assisting tenants with moving into and or out of the Premises. The exception to this paragraph: This

 fee shall not be charged to a new tenant if a new tenant moves into the Premises within the term of

 a current lease.

 [9] LEASE RENEWAL: An administration fee of 10 % of one full month's rent will be charged for all lease

 renewals.

 d) LATE FEES: Agent shall retain all late fees collected from tenant in accordance with the lease

 shall be paid to the Agent.



 CHARGES TO TENANTS: Returned check charges and associated late fees, administrative

 fees charged to tenants, and application fees paid by tenants under any lease are the property

 of Agent to offset expenses in enforcing the respective provisions.

 SALE TO TENANT: If a sale or exchange of the Premises to the Tenant, or to anyone acting for

 or on behalf of a tenant or to any member of a tenant's immediate family is contracted for or

 effected during the term of this agreement or within 2 months of its termination, The Agent will be

 paid by the Owner promptly a commission of 0 % of the sales price. Should a co-op Agent

 represent the Tenant in a sale, each Agent shall be paid 0 % of the sales price for a total

 commission of 0 %.

 9) INSPECTIONS: Agent shall enforce tenant's lease provisions by viewing the interior and exterior of the

 Premises for 120 days after moving in, annually or at Agent discretion. During each review, Agent

 shall enforce the specific terms of

 Tenant'sleaseandassessoveralicleanlinessandconditionofthePremises. Agent is not a licensed

 home inspector.



7. INDEMNIFICATION OWNER AGREES:

 a) To indemnify, defend and save the Agent harmless from all loss, expense, damage, claim

 suits and costs whatsoever (including without limit attorney's fees and expenses) incurred and

 arising from performance or attempted performance by Agent of its duties and powers

 hereunder whether for personal injury and/or Premises damage suffered by any person

anything which the Agent may make or refrain from making, hereinafter, except in cases of willful

 misconduct or gross negligence.

 ©) The Agent shall not be responsible for any damage to the Premises, under any circumstances,

 by the Tenant or others. Agent assumes no liability for monies that are uncollectible. Agent

 assumes no responsibility or management of personal property left by Owner at Premises. The

 owner is solely responsible for payment of any fines from government authorities, code

 enforcement, homeowners’ associations, etc. related to said Premises. Such fines or charges

 incurred from proven tenant negligence will be paid by the Owner and then charged back to the

 Tenant only if Owner provides Agent with a copy of warning notice(s) and fine notice(s) within 48

 hours of notice.

 d) Ifthe Premises are found to be contaminated with hazardous waste or materials, Owner agrees to indemnify

 and hold Agent harmless from all claims, demands, actions, liabilities, cost expenses, damages

 and obligations of any nature arising from or as a result of said hazardous material. The foregoing

 indemnification shall survive the termination or expiration of this Agreement. .

 e) Tenant is responsible for all utilities to be placed in tenant's name upon move-in or reasonably soon thereafter.

 Should tenant neglect this obligation, Owner assumes responsibility for any bill in full, but Agent shall.

 charge-back to tenant, upon receipt of utility bill from Owner, any applicable utility charges incurred

 by Owner after tenant move-in.



 8. LEGAL PROCEEDINGS:



 Agent is empowered to sign and/or cancel leases on Owner's behalf, to enforce the provisions of same,

 to institute legal action or other proper proceedings to collect rents and other sums due, and when

 expedient, to settle, compromise and release such actions and suits, and to dispossess tenants, and

 other persons, including without limit, institution of eviction proceedings in the name of and on behalf of

 Owner. Agent is not responsible for defending Owner against any claim brought in a proceeding or court

 action.



9. COMMUNICATIONS/NOTICE:



 The owner agrees to receive any and all communications from Agent at Electronic Mail, mailing address,

 phone and fax numbers and the email address below. Any notice required or permitted to be given

 pursuant to the provisions of this Agreement by either party shall be deemed given (1) when delivered

 personally, or (2) on the date such notice is deposited in the United States Mail, or (3) sent via

 Electronic Mail,



10. OWNER REPRESENTATIONS AND WARRANTIES:



 a) Owner represents and warrants to the Agent that, to the best of Owner's knowledge, the Premises

 are free of hazardous and/or toxic wastes and/or substances (as such terms are defined under

 applicable federal and state laws); that the Premises are fit for human habitation; that there are no

 hidden or latent defects or conditions on or affecting the Premises other than, that the Premises are

 not the subject of any order to repair or to demolish or other order of any governmental authority;

 that the Premises comply with all currently applicable laws, statutes and governmental rules and

 regulations; that the Owner will, at all times during the term of this Agreement, fully and promptly

 comply with the lawful requirements of all applicable governmental authorities.

 g The owner declares that all mortgage payments have been made, and the account is current.

11. LEAD-BASED PAINT DISCLOSURE:

 For dwellings built before 1978, and as required by applicable law, a Disclosure of Information on Lead-

 Based Paint and Lead-Based Paint Hazards (the “Disclosure”) must be signed by Owner and attached

 to this Agreement. The owner represents that either (1) the improvements to the Premises were all

 submitted, commenced, and constructed after December 31, 1977, or (2) the Disclosure has been fully

 completed and is attached to this Agreement. The owner agrees to provide the Agent with any such

 additional information or reports as may come to Owner's possession during the term of this Agreement.

 Owner acknowledges that Agent has informed Owner of the Owner's obligations to provide a tenant of

 the Premises with the pamphlet “Protect Your Family From Lead in Your Home,” to provide information

 to a tenant of the Premises with copies of available records and reports with respect to the Premises

 and lead-based paint and lead-based paint hazards, all pursuant to 42 U.S.C. § 4582(d), as amended.



 12. FORCE MAJEURE:

 Any delays in the performance of any obligation of Agent under this Agreement shall be excused to the

 extent that such delays are caused by wars, national emergencies, natural disasters, strikes, labor

 disputes, utility failures, governmental regulations, riots, adverse weather, and other similar causes not

 within the control of Agent, and any time periods required for performance shall be extended

 accordingly.



 13. APPLIANCES IN THEUNITS:

 The owner agrees to provide at least the following appliances at all times: refrigerator, oven, range - (if

 applicable), dishwasher, heating and air conditioning. All of the appliances must be in clean and good

 working condition.



 14. AVAILABILITY OF TENANTS:

 The Agent shall make a good faith effort to obtain tenants for the Premises, but the Agent makes no

 guarantee that tenants can be found or be willing to rent the Premises.



 15. PAYMENT FROM OWNER’SFUNDS:



 a) Agent shall have no duty to expend Agent's individual funds in fulfillment of Agent's

 responsibilities under this

 Agreement AllpaymentsrequiredorpermittedtobemadebyAgentshallbemadefromOwner'sfunds.

 b) The owner agrees to deposit with the Agent promptly on demand such funds as

 may be necessary in Agent's reasonable judgment for performance by Agent as

 provided in this Agreement.

 ©) Atthe discretion of Agent, any balance of the Owner's account due and owing Agent and

 not paid within 15 days of constructive notice will accrue interest at Eighteen (18) percent

 per annum however not less than Twenty-Five ($25) per month, until paid in full. Mailing and

 e-mailing of monthly statement of income and expenses indicating a deficient Owner

 balance shall be sufficient notice to Owner of balance due.



16. BINDING EFFECT:



 This Agreement shall be binding on, and for the benefit of the parties hereto and their respective heirs,

entire understanding of the parties, and there are no further or other agreements or understandings,

 written or oral, in effect between the parties relating to the subject matter here of unless expressly

 referred to in this Agreement.



17. SURVIVAL:

 Indemnification and other provisions of this Agreement which benefit Agent shall survive any termination of

 this Agreement.



18. FACSIMILE AND OTHER ELECTRONICMEANS:

 The parties agree that any agreement between Agent and Owner may be communicated by use of

 a fax or other secure

 electronicmeans, includingbutnotlimitedtoelectronicmailandtheinternet,andthesignatures,initials and

 handwritten or typewritten modifications to any of the foregoing shall be deemed to be valid and binding

 uponthe parties as if the original signatures, initials and handwritten or typewritten modifications

 were present on the documents in the handwriting of each party.

THIS AGREEMENT supersedes all prior written or oral agreements and can be amended only through a

 written agreement signed by all parties.



WHEREFORE, the parties have executed this Agreement caused the same to be executed by the authorized

 representative.



 IN WITNESS WHEREOF, the following parties have duly executed this Agreement.



 Daal Bart#swrakOwner Date 12/1/2025



Owner Date,



 Dail artksrvisAgent Date 12/1/2025

← View full record