KEN KIRSCHENBAUM, ESQ
ALARM - SECURITY INDUSTRY LEGAL EMAIL NEWSLETTER / THE ALARM EXCHANGE
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Can the K&K All in One agreements be used in multiple states / Alarm Accounts for Sale / ISC Meeting
October 17, 2024
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Time is running out. We will soon be closing the meeting time opportunities.
Schedule your free private meeting with KK at ISC East
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If you're interested in a private [yes, it's free] meeting at ISC East [we will be meeting just outside the exhibit hall] please contact Stacy Spector,Esq at 516 747 6700 x 304 or SSpector@Kirschenbaumesq.com. Concierge Clients will have priority.
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Can the K&K All in One agreements be used in multiple states
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Ken
Do our Fire All-in-One and Security All in One agreements provide dealer installation protection in most states around the country? We have been fortunate to sign several national chain accounts for fire, security and surveillance and want to make confirm our contract is valid in those states.
Renee T
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Response
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K&K contracts are designed for single state use. When using out of state you should check with us to see if the contract conforms to that state's specific issues. Only our nationwide forms are designed for nationwide use. The commercial contracts often can be used across state lines, and which contract you need depends on a few factors.
You should join the Concierge Program and take advantage of our legal services. https://www.kirschenbaumesq.com/page/concierge
The Concierge Program allows you a free half hour each month for contract review, negotiation and advice. That alone is worth the cost of the Program.
There are so many scenarios when it comes to contract execution it’s not feasible to cover it in an article.
For example, will your service be just monitoring which you will subcontract to a central station?
Will you be contracting to install, inspect or service commercial fire alarm systems? Will you subcontract that work out? Where will your contract be signed? Where the national customer’s main or satellite office you are dealing with located?
Will you be installing and servicing, administering, access control? What about cameras? Will you subcontract that work out?
To avoid any suspense, and sorry to disappoint you … If you contract to perform a service you need to be licensed, either to perform the service or as a General Contractor authorized to engage subcontractors in that state or city. Most of you are not General Contractors, though that might be easier to get than an alarm license.
K&K can assist you to find a person who is qualified to hold the license for your company and K&K provides the Qualifier Agreement which will lay out the relationship between your company and the license holder. An owner doesn’t need the Qualifier Agreement, but if anyone other than the owner holds the license I strongly suggest you have a K&K Standard Qualifier Agreement in place. Note that these license holders generally get paid monthly for holding the license and the monthly fees can range from $500 to over $2000, so obviously the work in the jurisdiction needs to make sense for you to incur the on-going expense. K&K does NOT charge to assist you in finding a qualifier, but does require the purchase of the Qualifier Agreement form before undertaking the search process. Contract License Coordinator Eileen Wagda at 516 747 6700 x 312 or EWagda@Kirschenbaumesq.com for more information and to get started.
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Featured Listings for Sale
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For Sale: Southern California: commercial Net RMR $17,000.00; approximately 80 customers with 324 locations. No fire. Concentrated in Los Angeles, Riverside, San Bernardino, and San Diego counties. Third party vendors: Brivo, Eagle Eye, Cradlepoint. Equipment: Genetec, Brivo, Eagle Eye, Ocularius, DMP, Dell, Axis. Monitoring center: NMC. Most under K&K contracts. Panels: DMP. Significant EBITDA. More information requires a K&K NDA. Contact Ken Kirschenbaum at 516 747 6700 x 301 or Ken@Kirschenbaumesq.com
For Sale: Nassau County, New York. approx 221 alarm accounts. residential 190; commercial security and fire 31; RMR approx $13,230.00 [res $8844; comm security and fire $2118; Inspection RMR $2268; Resideo / Honeywell; some Radionics. Vista 20P / Vista 128BPT. Most accounts on updated K&K contracts. Contact Ken Kirschenbaum,Esq at 516 747 6700 x 301 or Ken@Kirschenbaumesq.com. K&K NDA will be required for more information.
For Sale: New Jersey. 90 alarm accounts, 43 residential; 13 commercial security; 29 commercial fire. Central Station: Rapid Monitoring RMR $4100 net; fire inspection RMR $1740. Equipment Honeywell, System Sensor, and M2M; Honeywell panels; one Napco account. 95% are in NJ from Alpine down to LBI. The remaining 5% are in PA and NY (not NYC); all on K&K contracts. Contact Ken Kirschenbaum,Esq if interested. 516 747 6700 x 301; Ken@Kirschenbaumesq.com; K&K NDA will be required
For Sale. Phoenix area, Arizona., 181 alarm monitoring accounts [115 res; 66 commercial; commercial fire 5]. Net RMR $4700.00; DSC panel and equipment; Microkey softrware. Older contracts for most part. K&K NDA required for more information. Contact Ken Kirschenbaum,Esq at ken@kirschenbaumesq.com or 516 747 6700 x 301.
For Sale: Lewisburg, West Virginia. Alarm accounts [K&K contracts]. RMR monitoring: $9,872; # of accts: 338 % res: 74%; % comm sec: 20%; % comm fire: 6%; Inspection and service all per call. cs:Security Central, Statesville, NC. On segregated lines; Accts concentrated: Greenbrier County; equip used: Panel: QOLSYS IQ4; software: Mobile Tech, Alarm.com. K&K NDA required for more information. Contact our attorney Ken Kirschenbaum for details. 516 747 6700 x 301; Ken@Kirschenbaumesq.com
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Ken Kirschenbaum,Esq
Kirschenbaum & Kirschenbaum PC
Attorneys at Law
200 Garden City Plaza
Garden City, NY 11530
516 747 6700 x 301
ken@kirschenbaumesq.com
www.KirschenbaumEsq.com
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