Corcoran Affiliate Disclosure

The Property Manager is licensed with Corcoran Pacific Properties (“CPP”).

CPP has a business partnership with Pono Property Management LLC (“Pono”) whereby Property Managers license long term property management.

Gather and Pono are separate and distinct brokerages.

Roles and Responsibilities of each brokerage:

Corcoran Pacific Properties (CPP)      RB-24007

The Property Manager is licensed with CPP and will be responsible for the following activities:

maintaining owner and tenant relationships;

• initiating and running background checks;
• check-in operations including completing a move-in condition report;
• check-out operations including the completion of a move-out inspection report, and making recommendations for deductions against the security deposit;
• any tenant issues arising during the term of the agreement; and
• oversight of physical management of the property, cleaning, reactive and preventative maintenance, including vendor coordination and management.

In summary, on-the-ground operations and property care will be the responsibility of CPP.

Pono Property Management LLC(Pono)   RB-24217

CPP has entered into an agreement with Pono (RB-24217) to facilitate long term property

management. Under this agreement, Pono Property Management LLC is wholly responsible for:

• establishing and enforcing the tenant selection criteria;
• handling of funds held in trust which includes all rules set forth in HAR 16-99-4;
• executing Property Management Contracts, Rental Agreements, Addendums, Disclosures, and Amendments;
• advertising; and
• collection of funds.

In summary all property applications, marketing, accounting, and compliance will be the responsibility of Pono.

Long Term Property Management – Corcoran agents working in partnership with Pono (02.2025)