Steven D. Rapp and Judith A. Rapp - Page 5




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               TMC's employees checked in guests, received deposits, and              
          issued keys.  They responded to maintenance calls and made any              
          necessary repairs.  TMC's employees opened, closed, and cleaned             
          the pool, hot tub, and pool house on a daily basis.  They also              
          maintained Bluefin Bay's tennis courts and exercise room.  In the           
          winters, TMC's employees plowed the parking lots and shoveled,              
          salted, and sanded the walkways.                                            
               TMC's employees collected payments from guests and checked             
          them out of the unit.  They cleaned and inspected the unit after            
          guests departed.  The cleaning activity included cleaning the               
          interior of the unit and laundering the linens and towels.                  
               TMC's employees maintained daily books and records                     
          reflecting the collected rents and fees owed by petitioners.                
          They issued monthly and annual reports to petitioners reflecting            
          the rental activity, owner charges, and TMC's share of the gross            
          rentals.                                                                    
               Petitioners' duties under the management contract included             
          providing TMC with a schedule of their intended personal use,               
          maintaining adequate insurance on their unit, and complying with            
          certain "Interior Quality Standards".                                       
               TMC made detailed inspections of petitioners' unit at least            
          annually and compiled lists of mandatory repairs and items which            
          needed to be replaced in order to satisfy the Interior Quality              
          Standards.  Petitioners were given the choice to personally make            






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Last modified: May 25, 2011