Common use of LEASING GUARANTEE Clause in Contracts

LEASING GUARANTEE. If Tenant has been qualified by Broker and defaults on the original lease term, or in the event of a military transfer, Broker will re-lease the Property and will only charge a pro-rated amount of the normal % of first month. As an example, if a tenant leaves after six months, CrossView Property Management will re-lease the Premises for % of first month. expenses should Broker be unable to make said payments due to insufficient funds on hand, lack of income from the Property, non-delivery or delay of mail, or for any other reason beyond Broker’s control.

LEASING GUARANTEE. If Tenant has been qualified by Broker and defaults on the original lease term, or in the event of a military transfer, Broker will re-lease the Property and will only charge a pro-rated amount of the normal 50% of first month. As an example, if a tenant leaves after six months, CrossView Property Management will re-lease the Premises for 25% of first month. expenses should Broker be unable to make said payments due to insufficient funds on hand, lack of income from the Property, non-delivery or delay of mail, or for any other reason beyond Broker’s control.