Page 20 - South Beach Exchange Management Proposal

ManagementProposal for South Beach Exchange

Comprehensive Duties to be Performed

Tradd Management works at the direction of the Owner. Our company will perform the necessary duties
to ensure your investment is protected at all times. Our management agreement will outline these duties
which will be agreed upon by the Owner and Tradd Management. Duties may include: website
development, maintenance and accessibility, communications and correspondences, secure record
maintenance, meeting attendance and preparation of documents, assistance with professional
consultants, assist the Owners with developing and maintaining policy procedures and permanent files,
assist the Owners with reviewing and maintaining property standards and regulations, assist the Owners
with complaints and compliance, assist the Owners with the development of rules & regulations, monitor
card access and security for the common areas, assist with the distribution and collection of rents,
provide necessary financial reporting as requested by the Owners, perform disbursement procedures as
required by the Owners, assist the Owners with annual audits and tax returns, prepare and maintain
financial reports and produce monthly reports as required by the Owners, assist the Owners in the
preparation of the annual budget and reserve funding, work with tenants and contractors to complete
maintenance requests per the Owners direction, monitor the performance of contractors, assist with the
procurement of goods as established by the Owners, perform property inspections, and establish
emergency procedures.

Bidding Procedure

Upon direction by the Owners, Tradd Management will procure contractor bids for all services to be
provided. A Scope of Services will be created by management, revised and approved by the Owners and
submitted to all contractors with a cover letter for directions and deadlines for submissions. Tradd
Management will coordinate and supervise work from beginning to completion of all contracts.

Standard Performance Metrics

Tradd Management tracks its performance for each property through predetermined processes. All
operations will be reviewed on a regular basis and maintained in the software system. Performance
metrics may include but are not limited to the following: communications and correspondences, record
keeping, meeting procedures, property standards and regulations, operating policies and procedures,
rules administration and development, financial management and reporting, and common area services
maintenance to include management and supervision.

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Myrtle Beach, SC | Greenville, SC | Charlotte, NC 19

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