Common use of Leasing of Property Clause in Contracts

Leasing of Property. Agent shall make reasonable efforts to lease the property and shall be responsible for all negotiations with prospective tenants. Agent shall also have the right to execute and enter into, on behalf of Owner, leases and tenancies of the property and/or its units. Agent may negotiate all extensions and renewals of such tenancies and leases. Agent shall not, without the prior written consent of Owner, enter into any lease for a term less than months or more than months. Agent shall have the right to make concessions, including rental concessions and inducements to prospective tenant to occupy the property.

Appears in 2 contracts

Samples: Property Management Agreement, Property Management Agreement

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Leasing of Property. Agent shall make reasonable efforts to lease the property and shall be responsible for all negotiations with prospective tenants. Agent shall also have the right to execute and enter into, on behalf of Owner, leases and tenancies of the property and/or its units. Agent may negotiate all extensions and renewals of such tenancies and leases. Agent shall not, without the prior written consent of Owner, enter into any lease for a term less than 12 months or more than 24 months. Agent shall have the right to make concessions, including rental concessions and inducements to prospective tenant to occupy the property.

Appears in 2 contracts

Samples: Property Management Agreement, Management Agreement

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Leasing of Property. Agent shall make reasonable efforts to lease the property and shall be responsible for all negotiations with prospective tenants. Agent shall also have the right to execute and enter into, on behalf of Owner, leases and tenancies of the property and/or its units. Agent may negotiate all extensions and renewals of such tenancies and leases. Agent shall not, without the prior written consent of Owner, enter into any lease for a term less than months or more than months. Agent shall have the right to make concessions, including rental concessions and inducements to prospective tenant to occupy the property.. Owner Initial

Appears in 1 contract

Samples: Management Agreement

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