Common use of DAMAGES or MISSING ITEMS Clause in Contracts

DAMAGES or MISSING ITEMS. BROKER is not responsible for damage to the premises or items missing, switched out, lost or damaged under any circumstances, including but not limited to theft, vandalism or negligence of tenant(s) or their guests. In the event tenant(s) damage the premises or owes any monies to the LANDLORD, BROKER is given the exclusive authority to determine, in its professional judgment, the amount due and to charge the tenant accordingly and/or settle with the tenant(s) upon advice of BROKER’S legal counsel. BROKER is given the power to make claims upon the security deposit on behalf of LANDLORD and BROKER