Common use of Leasing Reports Clause in Contracts

Leasing Reports. Manager shall prepare and submit the following reports and statements, the forms of which shall be subject to the approval of Owner: (a) On or before the tenth (10th) day of each calendar month, Manager shall, at its sole cost and expense, submit to Owner, for Owner's approval, a detailed report and with such supporting evidence as may be requested by Owner, summarizing the following activities for the preceding calendar month: 1. Leases executed; 2.Written lease proposals; 3.Rents received; 4.Security deposits xxxxxxxx; 5.Current and projected vacancies; 6.Leasing commissions or locator fees earned on each lease; and 7.Actual year-to-date leasing results vs. budgeted leasing results. If requested by Owner, said report shall be rendered weekly instead of monthly. (b) On or before the thirtieth (30th) day after the end of each calendar year, Manager shall, at its sole cost and expense, submit to Owner an annual report summarizing all leasing activities and all receipts and remittances for the preceding calendar year.

Appears in 5 contracts

Samples: Property Management Agreement (Balcor Realty Investors 85 Series Iii), Property Management Agreement (Balcor Realty Investors 85 Series I), Property Management Agreement (Balcor Realty Investors 84)

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Leasing Reports. Manager shall prepare and submit the following reports and statements, the forms of which shall be subject to the approval of Owner: (a) On or before the tenth (10th) day of each calendar month, Manager shall, at its sole cost and expense, submit to Owner, for Owner's approval, a detailed report and with such supporting evidence as may be requested by Owner, summarizing the following activities for the preceding calendar month: 1. Leases executed; 2.Written lease proposals; 3.Rents received; 4.Security 0.Xxxxxxxx deposits xxxxxxxxreceived; 5.Current and projected vacancies; 6.Leasing commissions or locator fees earned on each lease; and 7.Actual year-to-date leasing results vs. budgeted leasing results. If requested by Owner, said report shall be rendered weekly instead of monthly. (b) On or before the thirtieth (30th) day after the end of each calendar year, Manager shall, at its sole cost and expense, submit to Owner an annual report summarizing all leasing activities and all receipts and remittances for the preceding calendar year.

Appears in 1 contract

Samples: Property Management Agreement (Balcor Equity Properties Xii)

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