Common use of Leasing and Management Authority Clause in Contracts

Leasing and Management Authority. Owner grants to Broker the following authority which Broker may exercise when and to the extent Broker determines to be in Owner’s interest. (1) advertise the Property for lease at Owner’s expense by means and methods that Broker determines are reasonably competitive, including but not limited to creating and placing advertisements with interior and exterior photographic and audio­visual images of the Property and related information in any media and the Internet; above and beyond regular (2) place “For Lease” signs or other signs on the Property in accordance with applicable laws, regulations, ordinances, restrictions, and owners’ association rules; (3) remove all other signs offering the Property for sale or lease; (4) submit the Property as a listing with one or more Multiple Listing Services (MLS) at any time the Property is marketed for lease and to change or terminate such listings; (5) authorize other brokers, their associates, inspectors, appraisers, and contractors to access the Property at reasonable times for purpose contemplated by this agreement and to lend keys and disclose security codes to such persons to enter the Property; (6) duplicate keys and access devices, at Owner’s expense, to facilitate convenient and efficient showings of the Property and to lease the Property; (7) place a keybox on the Property; (8) employ scheduling companies to schedule showings by other brokers at any time the Property is marketed for lease; (9) verify information and references in rental applications from prospective tenants; (10) negotiate and execute leases on Owner’s behalf for the Property at market rates and on competitively reasonable terms for initial terms of not less than 12 months and not more than 36 months and in accordance with any instructions in Paragraph 20; (11) negotiate and execute any amendments, extensions, or renewals to any leases for the Property on Owner’s behalf; (12) terminate leases for the Property, negotiate lease terminations, and serve notices or termination; (13) collect and deposit for Owner all rents, security deposits, ad other funds from tenants in the Property in a trust account and pay from that account: (a) any compensation and reimbursements due Broker under this agreement; and (b) other persons as this agreement may authorize; (14) account for security deposits that Broker holds in trust to any tenants in the Property in accordance with applicable law and any lease of the Property and make deductions from the deposits in accordance with the lease and applicable law; (15) collect administrative charges including but not limited to, application fees, returned fees, returned check fees, and late charges from tents in the Property or from prospective tenants; (16) institute and prosecute, at Owner’s expense, actions to: (a) evict tenants in the Property;

Leasing and Management Authority. Owner grants to Broker Manager the following authority which Broker Manager may exercise when and to the extent Broker Manager determines to be in Owner’s 's interest.: (1) advertise . Advertise the Property for lease at Owner’s 's expense by means and methods that Broker Manager determines are reasonably competitive, including but not limited to creating and placing advertisements with interior and exterior photographic and audio­visual audio-visual images of the Property and related information in any media and the Internet; above and beyond regularInternet; (2) place . Place “For Lease” signs or other signs on the Property in accordance with applicable laws, regulations, ordinances, restrictions, and owners’ ' association rules;rules; (3) remove . Remove all other signs offering the Property for sale or lease;lease; (4) submit . Submit the Property as a listing with one or more Multiple Listing Services (MLS) at any time the Property is marketed for lease and to change or terminate such listings;listings; (5) authorize . Authorize other brokers, their associates, inspectors, appraisers, and contractors to access the Property at reasonable times for purpose purposes contemplated by this agreement and to lend keys and disclose security codes to such persons to enter the Property;Property; (6) duplicate . Duplicate keys and access devices, at Owner’s 's expense, to facilitate convenient and efficient showings of the Property and to lease the Property;Property; (7) place . Place a keybox on the Property;Property; (8) employ 8. Employ scheduling companies to schedule showings by other brokers at any time the Property is marketed for lease;lease; (9) verify . Verify information and references in rental applications from prospective tenants;tenants; (10) negotiate . Negotiate and execute leases on Owner’s 's behalf for the Property at market rates and on competitively reasonable terms for initial terms of not less than 12 months and not more than 36 months and in accordance with any instructions in Paragraph 20;Section 27; (11) negotiate . Negotiate and execute any amendments, extensions, or renewals to any leases for the Property on Owner’s behalf;'s behalf; (12) terminate . Terminate leases for the Property, negotiate lease terminations, and serve notices or termination;of termination; (13) collect . Collect and deposit for Owner all rents, security deposits, ad and other funds from tenants in related to the Property in a trust account and pay from that account: (a) any compensation and reimbursements due Broker Manager under this agreement; agreement; and (b) other persons as this agreement may authorize;authorize. (14) account . Account for security deposits that Broker Manager holds in trust to any tenants in the Property in accordance with applicable law law, this agreement, and any lease of the Property and make deductions from the deposits in accordance with the lease and applicable law;law; (15) collect . Collect administrative charges including but not limited to, application fees, returned fees, returned check fees, and late charges from tents tenants in the Property or from prospective tenants;tenants; (16) institute . Institute and prosecute, at Owner’s 's expense, actions to: (a) evict tenants in the Property;Property; (b) recover possession of the Property; or (c) recover lost rent and other damages; 17. Settle, compromise, or withdraw any action described in Section 4.A.16; 18. Negotiate and make reasonable concessions to tenants or former tenants in the Property; 19. Report payment histories of tenants in the Property to consumer reporting agencies; 20. Obtain information from any holder of a note secured by a lien on the Property and any insurance company insuring all or part of the Property; 21. Hire contractors to repair, maintain, redecorate, or alter the Property provided that Manager does not expend more than $500 for any single repair, maintenance item, redecoration, or alteration without Owner's consent; 22. Hire contractors to make emergency repairs to the Property without regard to the expense limitation in Section 4.A.21 that Manager determines are necessary to protect the Property or the health or safety of an ordinary tenant; 23. Contract, at Owner's expense, in either Manager's or Owner's name, for utilities and maintenance to the Property during times that the Property is vacant, including but not limited to, electricity, gas, water, alarm monitoring, cleaning, pool and spa maintenance, yard maintenance, and other regularly recurring expenses that Manager determines are reasonable to maintain and care for the Property; and 24. Perform other necessary services related to the leasing and management of the Property

Leasing and Management Authority. Owner grants to Broker the following authority which Broker may exercise when and to the extent Broker determines to be in Owner’s 's interest.: (1) . advertise the Property for lease at Owner’s 's expense by means and methods that Broker determines are reasonably competitive, including but not limited to creating and placing advertisements with interior and exterior photographic and audio­visual audio-visual images of the Property and related information in any media and the Internet; above and beyond regularInternet; (2) . place “"For Lease” " signs or other signs on the Property in accordance with applicable laws, regulations, ordinances, restrictions, and owners’ ' association rules;rules; (3) . remove all other signs offering the Property for sale or lease;lease; (4) . submit the Property as a listing with one or more Multiple Listing Services (MLS) at any time the Property is marketed for lease and to change or terminate such listings;listings; (5) . authorize other brokers, their associates, inspectors, appraisers, and contractors to access the Property at reasonable times for purpose purposes contemplated by this agreement and to lend keys and disclose security codes to such persons to enter the Property;Property; (6) . duplicate keys and access devices, at Owner’s 's expense, to facilitate convenient and efficient showings of the Property and to lease the Property;Property; (7) . place a keybox on the Property;Property; (8) 8. employ scheduling companies to schedule showings by other brokers at any time the Property is marketed for lease;lease; (9) . verify information and references in rental applications from prospective tenants;tenants; (10) . negotiate and execute leases on Owner’s 's behalf for the Property at market rates and on competitively reasonable terms for initial terms of not less than 12 months and not more than 36 24 months and in accordance with any instructions in Paragraph 20;20; (11) . negotiate and execute any amendments, extensions, or renewals to any leases for the Property on Owner’s behalf;'s behalf; (12) . terminate leases for the Property, negotiate lease terminations, and serve notices or termination;of termination; (13) . collect and deposit for Owner all rents, security deposits, ad rents and other funds from tenants in related to the Property in a trust account and pay from that account: (a) any compensation and reimbursements due Broker under this agreement; agreement; and (b) other persons as this agreement may authorize;authorize. (14) account for security deposits that Broker holds in trust to any tenants in the Property in accordance with applicable law and any lease of the Property and make deductions from the deposits in accordance with the lease and applicable law; (15) . collect administrative charges including but not limited to, application fees, returned fees, returned check fees, and late charges from tents tenants in the Property or from prospective tenants;tenants; (16) 15. institute and prosecute, at Owner’s 's expense, actions to: (a) evict tenants in the Property;Property; (b) recover possession of the Property; or (c) recover lost rent and other damages; 16. settle, compromise, or withdraw any action described in Paragraph 4A(15); 17. negotiate and make reasonable concessions to tenants or former tenants in the Property; 18. report payment histories of tenants in the Property to consumer reporting agencies;

Leasing and Management Authority. Owner grants to Broker Manager the following authority which Broker Manager may exercise when and to the extent Broker Manager determines to be in Owner’s 's interest. (1) advertise : Advertise the Property for lease at Owner’s 's expense by means and methods that Broker Manager determines are reasonably competitive, including but not limited to creating and placing digital and/or print advertisements with which include interior and exterior photographic and audio­visual and/or audio-visual images of the Property and related information in any media and the Internet; above and beyond regular (2) place Property; Place “For Lease” signs or other signs on the Property in accordance with applicable laws, regulations, ordinances, restrictions, and owners’ ' association rules; (3) remove rules; Remove all other signs offering the Property for sale or lease; (4) submit lease; Submit the Property as a listing with one or more Multiple Listing Services (MLS) at any time the Property is marketed for lease and to change or terminate such listings; (5) authorize listings; Authorize other brokers, their associates, inspectors, appraisers, and contractors to access the Property at reasonable times for purpose contemplated purposes permitted by this agreement and to lend keys and disclose security codes to such persons to enter the Property; (6) duplicate keys Property; Duplicate keys, remotes, and any additional access devices, at Owner’s 's expense, to facilitate convenient and efficient showings of the Property and to lease the Property; (7) place ; Place a keybox key box on the Property; (8) employ scheduling companies Property; Utilize self-showing software to schedule showings by other brokers at any time allow prospective tenants access to the Property is marketed for lease; (9) verify information property unaccompanied; Process Rental Applications and references solely make decisions on placement of new prospective tenants in rental applications from prospective tenants; (10) negotiate compliance with Fair Housing Law; Negotiate and execute leases on Owner’s 's behalf for the Property at market rates and on competitively reasonable terms for initial terms of not less than 12 months and not more than 36 months and in accordance with any instructions in Paragraph 20; (11) negotiate Section 25; Negotiate and execute any amendments, extensions, or renewals to any leases for the Property on Owner’s behalf; (12) terminate 's behalf; Terminate leases for the Property, negotiate lease terminations, and serve notices or termination; (13) collect of termination; Collect and deposit for Owner all rents, security deposits, ad and other funds from tenants in related to the Property in a trust account and pay from that account: (a)  any compensation and reimbursements due Broker Manager under this agreement; agreement; and (b)  other persons as this agreement may authorize; (14) account authorize. Account for security deposits that Broker Manager holds in trust to any tenants in the Property in accordance with applicable law law, this agreement, and any lease of the Property and make deductions from the deposits in accordance with the lease and applicable law; (15) collect law; Collect administrative charges including but not limited to, application fees, returned fees, returned check fees, and late charges from tents tenants in the Property or from prospective tenants; (16) institute tenants; Institute and prosecute, at Owner’s 's expense, actions to: (a)  evict tenants in the Property;Property;  recover possession of the Property; or  recover lost rent and other damages; Settle, compromise, or withdraw any action described in Section 4.1.16; Negotiate and make reasonable concessions to tenants or former tenants in the Property; Report payment histories of current tenants to consumer reporting agencies; Obtain information from any holder of a note secured by a lien on the Property and any insurance company insuring all or part of the Property; Hire contractors to repair, maintain, redecorate, or alter the Property provided that Manager does not expend more than $500 for any single repair, maintenance item, redecoration, or alteration without Owner's consent; Hire contractors to make emergency repairs to the Property without regard to the expense limitation in Section 4.1.21 that Manager determines are necessary to protect the Property or the health or safety of an ordinary tenant; Contract, at Owner's expense, in either Manager's or Owner's name, for utilities and maintenance to the Property during times that the Property is vacant, including but not limited to, electricity, gas, water, alarm monitoring, cleaning, pool and spa maintenance, yard maintenance, and other regularly recurring expenses that Manager determines are reasonable to maintain and care for the Property; and Perform other necessary services related to the leasing and management of the Property.

Leasing and Management Authority. Owner grants to Broker the following authority which Broker may exercise when and to the extent Broker determines to be in Owner’s 's interest.: (1) . advertise the Property for lease at Owner’s 's expense by means and methods that Broker determines are reasonably competitive, including but not limited to creating and placing advertisements with interior and exterior photographic and audio­visual audio-visual images of the Property and related information in any media and the Internet; above and beyond regularInternet; (2) . place “"For Lease” " signs or other signs on the Property in accordance with applicable laws, regulations, ordinances, restrictions, and owners’ ' association rules;rules; (3) . remove all other signs offering the Property for sale or lease;lease; (4) . submit the Property as a listing with one or more Multiple Listing Services (MLS) at any time the Property is marketed for lease and to change or terminate such listings;listings; (5) . authorize other brokers, their associates, inspectors, appraisers, and contractors to access the Property at reasonable times for purpose purposes contemplated by this agreement and to lend keys and disclose security codes to such persons to enter the Property;Property; (6) . duplicate keys and access devices, at Owner’s 's expense, to facilitate convenient and efficient showings of the Property and to lease the Property;Property; (7) . place a keybox on the Property;Property; (8) 8. employ scheduling companies to schedule showings by other brokers at any time the Property is marketed for lease;lease; (9) . verify information and references in rental applications from prospective tenants;tenants; (10) . negotiate and execute leases on Owner’s 's behalf for the Property at market rates and on competitively reasonable terms for initial terms of not less than 12 months and not more than 36 24 months and in accordance with any instructions in Paragraph 20;20; (11) . negotiate and execute any amendments, extensions, or renewals to any leases for the Property on Owner’s behalf;'s behalf; (12) . terminate leases for the Property, negotiate lease terminations, and serve notices or termination;of termination; (13) . collect and deposit for Owner all rents, security deposits, ad rents and other funds from tenants in related to the Property in a trust account and pay from that account: (a) any compensation and reimbursements due Broker under this agreement; agreement; and (b) other persons as this agreement may authorize;authorize. (14) account for security deposits that Broker holds in trust to any tenants in the Property in accordance with applicable law and any lease of the Property and make deductions from the deposits in accordance with the lease and applicable law; (15) . collect administrative charges including but not limited to, application fees, returned fees, returned check fees, and late charges from tents tenants in the Property or from prospective tenants;tenants; (16) 15. institute and prosecute, at Owner’s 's expense, actions to: (a) evict tenants in the Property;Property; (b) recover possession of the Property; or (c) recover lost rent and other damages; 16. settle, compromise, or withdraw any action described in Paragraph 4A(16); 17. negotiate and make reasonable concessions to tenants or former tenants in the Property; 18. report payment histories of tenants in the Property to consumer reporting agencies;

Leasing and Management Authority. Owner grants to Broker the following authority which Broker may exercise when and to the extent Broker determines to be in Owner’s interest. (1) advertise the Property for lease at Owner’s expense by means and methods that Broker determines are reasonably competitive, including but not limited to creating and placing advertisements with interior and exterior photographic and audio­visual images of the Property and related information in any media and the Internet; above and beyond regular (2) regular place “For Lease” signs or other signs on the Property in accordance with applicable laws, regulations, ordinances, restrictions, and owners’ association rules; (3) rules; remove all other signs offering the Property for sale or lease; (4) lease; submit the Property as a listing with one or more Multiple Listing Services (MLS) at any time the Property is marketed for lease and to change or terminate such listings; (5) listings; authorize other brokers, their associates, inspectors, appraisers, and contractors to access the Property at reasonable times for purpose contemplated by this agreement and to lend keys and disclose security codes to such persons to enter the Property; (6) Property; duplicate keys and access devices, at Owner’s expense, to facilitate convenient and efficient showings of the Property and to lease the Property; (7) Property; place a keybox on the Property; (8) Property; employ scheduling companies to schedule showings by other brokers at any time the Property is marketed for lease; (9) lease; verify information and references in rental applications from prospective tenants; (109) negotiate and execute leases on Owner’s behalf for the Property at market rates and on competitively reasonable terms for initial terms of not less than 12 months and not more than 36 months and in accordance with any instructions in Paragraph 20; (11) 20; negotiate and execute any amendments, extensions, or renewals to any leases for the Property on Owner’s behalf; (12) behalf; terminate leases for the Property, negotiate lease terminations, and serve notices or termination; (13) termination; collect and deposit for Owner all rents, security deposits, ad other funds from tenants in the Property in a trust account and pay from that account: (a) any compensation and reimbursements due Broker under this agreement; and (b) other persons as this agreement may authorize; (14) authorize; account for security deposits that Broker holds in trust to any tenants in the Property in accordance with applicable law and any lease of the Property and make deductions from the deposits in accordance with the lease and applicable law; (15) law; collect administrative charges including but not limited to, application fees, returned fees, returned check fees, and late charges from tents in the Property or from prospective tenants; (16) tenants; institute and prosecute, at Owner’s expense, actions to: (a) evict tenants in the Property;