Company: GLEI
Filing Date: 2025-10-09
Form Type: 10-K
Source: 0001871890-25-000007
Chunk: 16

Company: Galaxy Enterprises Inc. /WY/
Filing Date: 2025-10-09
Form: 10-K
Item: Item 1
Chunk 16
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4

Property Management

NRS 645 also mandates that a property management agreement must include:

1.The term of the agreement and, if the agreement is subject to renewal, provisions clearly setting forth the circumstances under which the agreement may be renewed and the term of each such renewal; 

2.A provision for the retention and disposition of deposits of the tenants of the property during the term of the agreement and, if the agreement is subject to renewal, during the term of each such renewal; 

3.The fee or compensation to be paid to the broker; 

4.The extent to which the broker may act as the agent of the client; 

5.If the agreement is subject to cancellation, provisions clearly setting forth the circumstances under which the agreement may be cancelled. The agreement may authorize the broker or the client, or both, to cancel the agreement with cause or without cause, or both, under the circumstances set forth in the agreement; and 

6.If the broker intends to provide asset management services for the client, a provision indicating the extent to which the broker will provide those services. 

Subsidiaries

We do not have any subsidiaries.

Patents and Trademarks

We do not own, either legally or beneficially, any patents or trademarks.

Governmental and Industry Regulations

We will be subject to federal and state laws and regulations that relate directly or indirectly to our operations including federal securities laws. We will also be subject to common business and tax rules and regulations pertaining to the operation of our business.

Research and Development Activities and Costs

We have not spent any funds on research and development activities to date.

Compliance with Environmental Laws

Our current operations are not subject to any environmental laws.

Facilities

We do not own or rent facilities of any kind. We plan to conduct our operations from the office of our president until we are in a position to commence and expand operations.

Employees

We have commenced only limited operations, and therefore currently have no employees other than our sole officer and director.