Common use of Collection of Rents Clause in Contracts

Collection of Rents. The Agent shall collect the rents and other income from the property promptly when such amounts come due taking all necessary steps to collect same and performing all reasonable acts on behalf of the Owner for the protection of the Owner in collection of such amounts. All late fees collected will be earned by the property manager for multiple attempts and costs involved with collecting the late rent.

Collection of Rents. The Agent shall collect the rents and other income from the property promptly when such amounts come due taking all necessary steps to collect same and performing all reasonable acts on behalf of the Owner for the protection of the Owner in collection of such amounts. All late fees collected will be earned by This includes collection of the property manager security deposit and first month’s rent for multiple attempts and costs involved with collecting the late new tenant, totaling 2 months rent.

Collection of Rents. The Agent shall will collect the rents and other income from the property promptly when such amounts come due due, taking all necessary steps to collect same those amounts and performing all reasonable acts on behalf of the Owner for the protection of the Owner in collection of such those amounts. All late fees collected will be earned by the property manager for multiple attempts and costs involved with collecting the late rent.

Collection of Rents. The Agent shall collect the rents and other income from the property promptly when such amounts come due taking all necessary steps to collect same and performing all reasonable acts on behalf of the Owner for the protection of the Owner in collection of such amounts. All late fees collected will be earned by This includes collection of the property manager security deposit and first month’s rent for multiple attempts and costs involved with collecting the late new tenant, totaling 2 months rent, or more if necessary.