The Management Agreement Review skill ingests a management agreement between senior housing investor and operator partners. This skill produces an executive summary in an easily ingestible format to understand best practice questions about the document. Additionally, the Management Agreement Review skill allows the user to ask up to three (3) unique questions about the document.
Specifically, the Management Agreement Review produces analysis on the following sections of the uploaded document:
Parties Involved
Identity of Interest
Term and Termination
Roles and Responsibilities
Management Fee
Operational Budget
Property Maintenance
Capital Improvements
Insurance and Liability
Reporting Requirements
Compliance with Laws
Ownership of Records
Resident Admission and Discharge Policies
Quality of Care
Subcontracting
Performance Metrics
Defaults and Remedies
List of Documents in the Addendum
List of Amendments
To use this Skill, you must have a management agreement document for a senior housing community available to upload to the Skills module. Acceptable file formats include: .docx, .pdf, or .txt files. Please avoid scanned documents if possible as they may have trouble having their text recognized correctly.
To run this Skill:
Click "Continue" to acknowledge that you understand the upload requirements of the Skill.
Upload your desired management agreement document.
Input a question about the agreement into the blank text box or choose "Skip."
Input a second question about the agreement into the blank text box or choose "Skip."
Input a third question about the agreement into the blank text box or choose "Skip."
The analysis of your management agreement will likely take several minutes. You can navigate away from the page while AI Skills analyzes your document. To download the output to a word document, select the "Download" button at the top or bottom of the output.
PLEASE NOTE: This content has been generated by NIC MAP Vision's Automations Platform and is only intended to be a first draft. It must be reviewed by a trained professional to ensure accuracy and compliance with all applicable laws and regulations.