Additional Costs and Fees. Owner shall pay the following additional costs and fees, as applicable: a. If, during the term of this Agreement or within 12 months thereafter, the Property is sold to a Tenant placed by Agent, Owner agrees to pay Agent a sales commission of 3% of the selling price. b. All costs associated with utilities are the responsibility of the Owner, not Agent, and will not be reimbursed to Owner. c. All legal fees incurred by Agent in connection with the administration of this Agreement will be paid by Owner, including but not limited to: court costs and attorney’s fees. d. Any sums which, in Agent’s sole discretion, should or must be refunded or reimbursed to any Tenant. e. Any and all charges owed to Agent may be deducted from the rents owed to Owner on any Property under management with Agent.
Appears in 2 contracts
Sources: Property Management Agreement, Property Management Agreement
Additional Costs and Fees. Owner shall pay the following additional costs and fees, as applicable:
a. If, during the term of this Agreement or within 12 months thereafter, the Property is sold to a Tenant placed by Agent, Owner agrees to pay Agent a sales commission of 3% of the selling price.
b. All costs associated with utilities are the responsibility of the Owner, not Agent, and will not be reimbursed to Owner.
c. All legal fees incurred by Agent in connection with the administration of this Agreement will be paid by Owner, including but not limited to: court costs and attorney’s fees.
d. Any sums which, in Agent’s sole discretion, should or must be refunded or reimbursed to any Tenant.
e. Any and all charges owed to Agent may be deducted from the rents owed to Owner on for any Property under management with Agent.
Appears in 1 contract
Sources: Property Management Agreement