Common use of Leasing and Renting Clause in Contracts

Leasing and Renting. 5.1 Agent shall use all reasonable effort to keep the Premises rented by procuring tenants for the Premises. Agent is authorized to negotiate, prepare and execute all leases, including renewals and extensions of leases and to cancel and modify existing leases, utilizing Agent’s forms and agreements exclusively after consultation with Owner. 5.2 During the term of this Agreement, Owner shall not authorize any other person to negotiate or act as rental agent with respect to any leases for the Premises. 5.3 Agent will make all decisions as to the rental amount. Owner understands that the Agent determines rental amounts in a competitive manner and consistent with other similar properties managed by Agent or in the vicinity of the Owner’s property. 5.4 Owner and Agent agree to follow all Federal, state and local Fair Housing Laws. If Owner should at any time request Agent to disregard Fair Housing Laws and/or Landlord/Tenant Laws, this contract will be terminated immediately and the management fees for the balance of this Contract, or $500.00, whichever is greater, will be due immediately. 5.5 Agent, upon consultation with Owner, shall have authority on behalf of the Owner to terminate any lease or rental agreements covering the Premises that are in default, to execute and serve such legal or other notices as Agent deems appropriate, to institute legal actions for the benefit of, and at the expense of, Owner for the purpose of evicting tenants in default and to recover possession of the Premises, to recover unpaid rents and other sums due from any tenant to settle, compromise and release claims by or against any tenant, and to employ attorneys for collection of rent more than (5) days in arrears. Owner agrees that Agent is not responsible for the collection of delinquent accounts. Agent assumes no liability for monies that are uncollectible or for any damages or costs related to the tenancy and the Property. 5.6 Agent assumes no responsibility for management of personal property left by Tenant after vacating the Premises.

Appears in 1 contract

Sources: Management Agreement

Leasing and Renting. 5.1 Agent AGENT shall use all reasonable effort to keep the Premises PREMISES rented by procuring tenants for the PremisesPREMISES. Agent AGENT is authorized to negotiate, prepare and execute all leases, including renewals and extensions of leases and to cancel and modify existing leases, utilizing Agent’s AGENT forms and agreements exclusively after consultation with Ownerexclusively. 5.2 During the term of this AgreementAGREEMENT, Owner OWNER shall not authorize any other person person, to negotiate or act as rental agent with respect to any leases for the PremisesPREMISES. 5.3 Agent AGENT will make all decisions as to the rental amount. Owner OWNER understands that the Agent AGENT determines rental amounts in a competitive manner and consistent with other similar properties managed by Agent AGENT or in the vicinity of the Owner’s OWNER’S property. 5.4 Owner OWNER and Agent AGENT agree to follow all Federal, state Federal and local Local Fair Housing Laws. If Owner OWNER should at any time request Agent AGENT to disregard Fair Housing Laws laws and/or Landlord/Tenant Laws, this contract will be terminated immediately and the management fees for the balance of this Contract, contract or Five Hundred ($500.00) Dollars, whichever is greater, will be due immediately. 5.5 Agent, upon consultation with Owner, AGENT shall have authority on behalf of the Owner OWNER to terminate any lease or rental agreements covering the Premises PREMISES that are in default, to execute and serve such legal or other notices as Agent AGENT deems appropriate, to institute legal actions for the benefit of, and at the expense of, Owner OWNER for the purpose of evicting tenants in default and to recover possession of the PremisesPREMISES, to recover unpaid rents and other sums due from any tenant to settle, compromise and release claims by or against any tenant, and to employ attorneys for collection payment of rent more than (5) five days in arrears. Owner OWNER agrees that Agent AGENT is not responsible for the collection of delinquent accounts. Agent Delinquent accounts will be submitted to a professional collection company for collection on behalf of AGENT. AGENT assumes no liability for monies that are uncollectible or for any damages or costs related to the tenancy and the PropertyPREMISES. AGENT shall retain all TENANT contractual fines and penalties levied against the TENANT for contract enforcement. 5.6 Agent Owner will automatically be enrolled in our eviction protection program for a monthly fee of $5 per unit to be taken out annually or monthly as program permits. Eviction protection guarantees that in the case of an eviction for non-payment of rent, Next Step Realty Management will pay the entire attorney fee bill up to $800 for the writ of restitution only. This does not include sheriff fees, counter claims or jury trials. Owner has the option to decline the eviction protection program in writing and providing written statement to the management company below. All other legal fees outlined in this agreement are in affect and applicable. 5.7 AGENT assumes no responsibility for or management of personal property left by Tenant after vacating the PremisesOWNER at PREMISES.

Appears in 1 contract

Sources: Rental Management Agreement

Leasing and Renting. 5.1 Agent shall use all reasonable effort to keep the Premises rented by procuring tenants for the Premises. Agent is authorized to negotiate, prepare and execute all leases, including renewals and extensions of leases and to cancel and modify existing leases, utilizing Agent’s forms and agreements exclusively after consultation with Owner. 5.2 During the term of this Agreement, Owner shall not authorize any other person to negotiate or act as rental agent with respect to any leases for the Premises. 5.3 Agent will make all decisions as to the rental amount. Owner understands that the Agent determines rental amounts in a competitive manner and consistent with other similar properties managed by Agent or in the vicinity of the Owner’s property. 5.4 Owner and Agent agree to follow all Federal, state and local Fair Housing Laws. If Owner should at any time request Agent to disregard Fair Housing Laws and/or Landlord/Tenant Laws, this contract will be terminated immediately and the management fees for the balance of this Contract, or $500.00, whichever is greater, will be due immediately. 5.5 Agent, upon consultation with Owner, shall have authority on behalf of the Owner to terminate any lease or rental agreements covering the Premises that are in default, to execute and serve such legal or other notices as Agent deems appropriate, to institute legal actions for the benefit of, and at the expense of, Owner for the purpose of evicting tenants in default and to recover possession of the Premises, to recover unpaid rents and other sums due from any tenant to settle, compromise and release claims by or against any tenant, and to employ attorneys for collection of rent more than five (5) days in arrears. Owner agrees that Agent is not responsible for the collection of delinquent accounts. Agent assumes no liability for monies that are uncollectible or for any damages or costs related to the tenancy and the Property. 5.6 Agent assumes no responsibility for management of personal property left by Tenant ▇▇▇▇▇▇ after vacating the Premises.

Appears in 1 contract

Sources: Management Agreement

Leasing and Renting. 5.1 Agent AGENT shall use all reasonable effort to keep the Premises PREMISES rented by procuring tenants for the PremisesPREMISES. Agent AGENT is authorized to negotiate, prepare and execute all leases, including renewals and extensions of leases and to cancel and modify existing leases, utilizing Agent’s AGENT forms and agreements exclusively after consultation with Ownerexclusively. 5.2 During the term of this AgreementAGREEMENT, Owner OWNER shall not authorize any other person person, to negotiate or act as rental agent with respect to any leases for the PremisesPREMISES. 5.3 Agent OWNER & AGENT will make all decisions as to the rental amount. Owner OWNER understands that the Agent AGENT determines rental amounts in a competitive manner and consistent with other similar properties managed by Agent AGENT or in the vicinity of the Owner’s OWNER’S property. 5.4 Owner OWNER and Agent AGENT agree to follow all Federal, state Federal and local Local Fair Housing Laws. If Owner OWNER should at any time request Agent AGENT to disregard Fair Housing Laws laws and/or Landlord/Tenant Laws, this contract will be terminated immediately and the management fees for the balance of this Contract, contract or $500.00500, whichever is greater, will be due immediately.. (Idaho Code, Section 18-7303) 5.5 Agent, upon consultation with Owner, AGENT shall have authority on behalf of the Owner OWNER to terminate any lease or rental agreements covering the Premises PREMISES that are in default, to execute and serve such legal or other notices as Agent AGENT deems appropriate, to institute legal actions for the benefit of, and at the expense of, Owner OWNER for the purpose of evicting tenants in default and to recover possession of the PremisesPREMISES, to recover unpaid rents and other sums due from any tenant to settle, compromise and release claims by or against any tenant, and to employ attorneys for collection payment of rent more than (5) five days in arrears. Owner OWNER agrees that Agent AGENT is not responsible for the collection of delinquent accounts. Agent AGENT assumes no liability for monies that are uncollectible or for any damages or costs related to the tenancy and the Propertyproperty. (Idaho Code, Sections 6-303, et. seq.) 5.6 Agent assumes no responsibility for or management of personal property left by Tenant after vacating OWNER at PREMISES. 5.7 In the Premisesevent the OWNER wishes to move back into their property requiring the tenant to break their lease, the OWNER agrees to pay the termination fee on the tenant(s) behalf and reimburse the outgoing tenant(s) any prepaid rents and any reasonable expenses to have the tenant(s) vacate the property within specified time frame. All other contractual agreements are still in force. 5.8 AGENT may provide the lockbox code or may use an automated electronic lockbox system that allows access to the property for prospective tenants who have provided their driver’s license or other appropriate pre-screening documentation

Appears in 1 contract

Sources: Rental Management Agreement

Leasing and Renting. 5.1 Agent AGENT shall use all reasonable effort to keep the Premises PREMISES rented by procuring tenants for the PremisesPREMISES. Agent AGENT is authorized to negotiate, prepare and execute all leases, including renewals and extensions of leases and to cancel and modify existing leases, utilizing Agent’s AGENT forms and agreements exclusively after consultation with Ownerexclusively. 5.2 During the term of this AgreementAGREEMENT, Owner OWNER shall not authorize any other person person, to negotiate or act as rental agent with respect to any leases for the PremisesPREMISES. 5.3 Agent OWNER and AGENT will make all decisions as to the rental amount. Owner OWNER understands that the Agent AGENT determines rental amounts in a competitive manner and consistent with other similar properties managed by Agent AGENT or in the vicinity of the Owner’s OWNER’S property. 5.4 Owner OWNER and Agent AGENT agree to follow all Federal, state Federal and local Local Fair Housing Laws. If Owner OWNER should at any time request Agent AGENT to disregard Fair Housing Laws laws and/or Landlord/Tenant Laws, this contract will be terminated immediately and the management fees for the balance of this Contract, contract or $500.00500, whichever is greater, will be due immediately.. (Idaho Code, Section 18‐7303) 5.5 Agent, upon consultation with Owner, AGENT shall have authority on behalf of the Owner OWNER to terminate any lease or rental agreements covering the Premises PREMISES that are in default, to execute and serve such legal or other notices as Agent AGENT deems appropriate, to institute legal actions for the benefit of, and at the expense of, Owner OWNER for the purpose of evicting tenants in default and to recover possession of the PremisesPREMISES, to recover unpaid rents and other sums due from any tenant to settle, compromise and release claims by or against any tenant, and to employ attorneys for collection payment of rent more than (5) five days in arrears. Owner OWNER agrees that Agent AGENT is not responsible for the collection of delinquent accounts. Agent AGENT assumes no liability for monies that are uncollectible or for any damages or costs related to the tenancy and the Propertyproperty. (Idaho Code, Sections 6‐303, et. seq.) 5.6 Agent assumes no responsibility for or management of personal property left by Tenant after vacating OWNER at PREMISES. SAMPLE 5.7 In the Premisesevent the OWNER wishes to move back into their property requiring the tenant to break their lease, the OWNER agrees to pay the termination fee on the tenant(s) behalf and reimburse the outgoing tenant(s) any prepaid rents and any reasonable expenses to have the tenant(s) vacate the property within specified time frame. All other contractual agreements are still in force.

Appears in 1 contract

Sources: Rental Management Agreement

Leasing and Renting. 5.1 Agent AGENT shall use all reasonable effort to keep the Premises PREMISES rented by procuring tenants for the PremisesPREMISES. Agent AGENT is authorized to negotiate, prepare and execute all leases, including renewals and extensions of leases and to cancel and modify existing leases, utilizing Agent’s AGENT forms and agreements exclusively after consultation with Ownerexclusively. 5.2 During the term of this AgreementAGREEMENT, Owner OWNER shall not authorize any other person person, to negotiate or act as rental agent with respect to any leases for the PremisesPREMISES. 5.3 Agent OWNER & AGENT will make all decisions as to the rental amount. Owner OWNER understands that the Agent AGENT determines rental amounts in a competitive manner and consistent with other similar properties managed by Agent AGENT or in the vicinity of the Owner’s OWNER’S property. 5.4 Owner OWNER and Agent AGENT agree to follow all Federal, state Federal and local Local Fair Housing Laws. If Owner OWNER should at any time request Agent AGENT to disregard Fair Housing Laws laws and/or Landlord/Tenant Laws, this contract will be terminated immediately and the management fees for the balance of this Contract, contract or $500.00$ , whichever is greater, will be due immediately.. (Idaho Code, Section 18-7303) 5.5 Agent, upon consultation with Owner, AGENT shall have authority on behalf of the Owner OWNER to terminate any lease or rental agreements covering the Premises PREMISES that are in default, to execute and serve such legal or other notices as Agent AGENT deems appropriate, to institute legal actions for the benefit of, and at the expense of, Owner OWNER for the purpose of evicting tenants in default and to recover possession of the PremisesPREMISES, to recover unpaid rents and other sums due from any tenant to settle, compromise and release claims by or against any tenant, and to employ attorneys for collection payment of rent more than (5) five days in arrears. Owner OWNER agrees that Agent AGENT is not responsible for the collection of delinquent accounts. Agent AGENT assumes no liability for monies that are uncollectible or for any damages or costs related to the tenancy and the Propertyproperty. (Idaho Code, Sections 6-303, et. seq.) 5.6 Agent assumes no responsibility for or management of personal property left by Tenant after vacating OWNER at PREMISES. 5.7 In the Premisesevent the OWNER wishes to move back into their property requiring the tenant to break their lease, the OWNER agrees to pay the termination fee on the tenant(s) behalf and reimburse the outgoing tenant(s) any prepaid rents and any reasonable expenses to have the tenant(s) vacate the property within specified time frame. All other contractual agreements are still in force.

Appears in 1 contract

Sources: Rental Management Agreement