This management agreement addendum template sets out a managing agent’s duties when selecting, recommending, or supervising contractors for a homeowners association. It addresses license checks, insurance coverage and exclusions, written contract terms, vendor relationships, periodic reporting, emergency work, and board oversight.
What the addendum covers
- Verifying licenses and checking that the classification fits the work
- Collecting insurance documents and reviewing relevant exclusions
- Disclosing ownership interests, referral fees, and other vendor relationships
- Maintaining vendor records and reporting changes to the board
- Documenting emergency procedures and board approval requirements
The form includes signature lines for the association and management company. Have counsel and your insurance professional review the terms before signing, and tailor them to the existing management agreement and applicable law.
For educational and informational use only. This form is not legal advice or a substitute for legal services. Before adopting it, check your association’s governing documents, CC&Rs, and applicable state statutes, and consult qualified counsel.
