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What is an “Operating Agreement”? What are the terms and conditions to which I have to agree?

April 26, 2017agree Conditions terms

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What is an “Operating Agreement”? What are the terms and conditions to which I have to agree?

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The Operating Agreement is a contractual agreement between you and CMHC. This agreement establishes the maximum rent amount and annual increases that may be charged for the suite during the term of the agreement.