BROKER AGREES TO. 8.1 Use diligence in the performance of this employment. 8.2 Continuously maintain a California real estate broker’s license. 8.3 Collect all rents, security deposits or other charges and expenses due Owner, and timely refund tenants’ security deposits, less allowable deductions and including any interest due tenants. 8.4 Prepare and place advertisements for prospective tenants. 8.5 Show property to prospective tenants, obtain credit reports and confirm creditworthiness of tenants before executing rental or lease agreements. 8.6 Execute, renegotiate or cancel rental or lease agreements with tenants. No lease to exceed months. 8.7 Serve rent collection and other notices, file unlawful detainer and money damage actions, recover possession of premises or settle with delinquent tenants. 8.8 Inspect the property monthly and each unit when tenants vacate. 8.9 Maintain and periodically confirm the inventory of personal property on premises. 8.10 Evaluate rental and lease agreements periodically for income, expense and provision updates. 8.11 Contract for utilities, services and equipment to operate and maintain the property and safeguard the tenants. 8.12 Contract for any repairs, maintenance or improvements needed to rent or lease the property. a. Owner to approve all repairs in excess of $ . 8.13 Obligate Owner to no unauthorized agreement or liability. 8.14 Protect and enhance the goodwill of Owner’s rental business and keep confidential and secure any knowledge of Owner’s business activities acquired during this employment. 8.15 Hire, supervise and discharge a resident manager, and an assistant resident manager. 8.16 Inspect and take any action necessary to comply with federal, state, county or municipal safety and building codes affecting the property. 8.17 Notify Owner of any potential hazards to the tenants or property, and Owner to respond within seven
Appears in 1 contract
Sources: Property Management Agreement
BROKER AGREES TO. 8.1 Use diligence in the performance of this employment.
8.2 Continuously maintain a California real estate broker’s license.
8.3 Collect all rents, security deposits or other charges and expenses due Owner, and timely refund tenants’ security deposits, less allowable deductions and including any interest due tenants.
8.4 Prepare and place advertisements for prospective tenants.
8.5 Show property to prospective tenants, obtain credit reports and confirm creditworthiness of tenants before executing rental or lease agreements.
8.6 Execute, renegotiate or cancel rental or lease agreements with tenants. No lease to exceed months.
8.7 Serve rent collection and other notices, file unlawful detainer and money damage actions, recover possession of premises or settle with delinquent tenants.
8.8 Inspect the property monthly and each unit when tenants vacate.
8.9 Maintain and periodically confirm the inventory of personal property on premises.
8.10 Evaluate rental and lease agreements periodically for income, expense and provision updates.
8.11 Contract for utilities, services and equipment to operate and maintain the property and safeguard the tenantsthetenants.
8.12 Contract for any repairs, maintenance or improvements needed to rent or lease the property.
a. Owner to approve all repairs in excess of $ .
8.13 Obligate Owner to no unauthorized agreement or liability.
8.14 Protect and enhance the goodwill of Owner’s rental business and keep confidential and secure any knowledge of Owner’s business activities acquired during this employment.
8.15 Hire, supervise and discharge a resident manager, and an assistant resident manager.
8.16 Inspect and take any action necessary to comply with federal, state, county or municipal safety and building codes affecting the property.
8.17 Notify Owner of any potential hazards to the tenants or property, and Owner to respond within sevenseven (7) days. Should an emergency situation arise placing the tenants or property in jeopardy, Broker may immediately remedy the situation without further authority from Owner.
Appears in 1 contract
Sources: Property Management Agreement