COMMON INTEREST COMMUNITY. If the Property is located within a Common Interest Community 2 (CIC), Owner understands and agrees that Broker is not involved in and has no control over the CIC. OWNER 3 UNDERSTANDS THAT THE CIC'S DECLARATION OF COVENANTS, CONDITIONS AND 4 RESTRICTIONS (CC&RS) MAY RESTRICT THE LEASING OF THE PROPERTY, AND IT IS OWNER'S 5 SOLE RESPONSIBILITY TO DETERMINE WHETHER THE PROPERTY IS SO AFFECTED. Broker 6 assumes no liability for any costs associated with a Tenant's move-out. Broker assumes no liability for understanding 7 or complying with the CC&Rs, and has no responsibility for any future amendments or additions to the CC&Rs. 8 Owner remains solely responsible for assessments, violations and fines/fees payable to the CIC, and agrees to 9 reimburse Broker for any such assessments, fines or fees which Broker may pay on Owner's behalf. Any subsequent 10 and separate notice which identifies Broker as Owner's property manager will not affect the terms of this Section.
Appears in 2 contracts
Samples: Residential Property Management Agreement, Residential Property Management Agreement
COMMON INTEREST COMMUNITY. HOA. If the Property is located within a Common Interest Community 2 (CIC)) / HOA, Owner understands and agrees that Broker is not involved in and has no control over the CICCIC / HOA. OWNER 3 UNDERSTANDS THAT THE CIC'S DECLARATION OF COVENANTS, CONDITIONS AND 4 RESTRICTIONS (CC&RS) MAY RESTRICT THE LEASING OF THE PROPERTY, AND IT IS OWNER'S 5 SOLE RESPONSIBILITY TO DETERMINE WHETHER THE PROPERTY IS SO AFFECTED. Broker 6 assumes no liability for any costs associated with a Tenant's move-out. Broker assumes no liability for understanding 7 or complying with the CC&Rs, and has no responsibility for any future amendments or additions to the CC&Rs. 8 Owner remains solely responsible for assessments, violations and fines/fees payable to the CIC, and agrees to 9 reimburse Broker for any such assessments, fines or fees which Broker may pay on Owner's behalf. Any subsequent 10 and separate notice which identifies Broker as Owner's property manager will not affect the terms of this Section.
Appears in 1 contract
Samples: Property Management Agreement
COMMON INTEREST COMMUNITY. HOA. If the Property is located within a Common Interest Community 2 (CIC)) / HOA, Owner understands and agrees that Broker is not involved in and has no control over the CICCIC / HOA. OWNER 3 UNDERSTANDS THAT THE CIC'S ’S DECLARATION OF COVENANTS, CONDITIONS AND 4 RESTRICTIONS (CC&RS) MAY RESTRICT THE LEASING OF THE PROPERTY, AND IT IS OWNER'S 5 ’S SOLE RESPONSIBILITY TO DETERMINE WHETHER THE PROPERTY IS SO AFFECTED. Broker 6 assumes no liability for any costs associated with a Tenant's ’s move-out. Broker assumes no liability for understanding 7 or complying with the CC&Rs, and has no responsibility for any future amendments or additions to the CC&Rs. 8 Owner remains solely responsible for assessments, violations and fines/fees payable to the CIC, and agrees to 9 reimburse Broker for any such assessments, fines or fees which Broker may pay on Owner's ’s behalf. Any subsequent 10 and separate notice which identifies Broker as Owner's ’s property manager will not affect the terms of this Section.. Owner Initials [ ] [ ]
Appears in 1 contract
Samples: Management and Brokerage Agreement