Common use of AGENCY RELATIONSHIPS Clause in Contracts

AGENCY RELATIONSHIPS. Xxxxxx/Agent agrees to act as the agent of Owner/Landlord in any resulting lease or rental transaction involving any Property covered by this Agreement. It may be necessary or appropriate for Broker/Agent to act as agent of both Owner/Landlord and Tenants, or one or more additional parties, in any resulting lease transaction, in which case Broker/Agent will seek Owner/Landlord's consent to Broker/Agent's representation of additional parties as soon as practicable. However, if Broker/Agent is the listing Broker/Agent and/or property manager for a different property in which a Tenant is interested; Owner/Landlord understands Broker/Agent may act as agent of that Tenant and/or other property owner with respect to a transaction involving that other property.

AGENCY RELATIONSHIPS. XxxxxxBroker/Agent agrees to act as the agent of Owner/Landlord in any resulting lease or rental transaction involving any Property covered by this Agreement. It may be necessary or appropriate for Broker/Agent to act as agent of both Owner/Landlord and Tenants, or one or more additional parties, in any resulting lease transaction, in which case Broker/Agent will seek Owner/Landlord's consent to Broker/Agent's representation of additional parties as soon as practicable. However, if Broker/Agent is the listing Broker/Agent and/or property manager for a different property in which a Tenant is interested; Owner/Landlord understands Broker/Agent may act as agent of that Tenant and/or other property owner with respect to a transaction involving that other property.