LIABILITY FOR TENANT DEFAULT Sample Clauses

LIABILITY FOR TENANT DEFAULT. Although the aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-payment of rent, damage or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.
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LIABILITY FOR TENANT DEFAULT. 2.1 Although our aim is to take care in managing the Property according to the terms of our client's instructions, the Agent has the right to be reimbursed for all expenses and indemnified against all costs, claims and liabilities incurred by the Agent while acting within the scope of this authority.
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LIABILITY FOR TENANT DEFAULT. 2.1 Although our aim is to take care in managing the Tenancy, the Agent cannot accept responsibility for non-payment of rent, damage, or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.
Sample 1
LIABILITY FOR TENANT DEFAULT. The agent cannot accept responsibility for non-payment of rent, damage, or other default by tenants, or any associated legal costs incurred in their collection where the agent has acted correctly in terms of this agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality. Withdrawal Fee (after the tenancy has started) When a Landlord wishes to terminate the agreement and the tenant remains in the property we would require a notice period of three months and then an additional fee equivalent to one months rent plus VAT. ID is required to be compliant with the money and Laundering Act. Please note these Terms and Conditions apply to our service for the current tenancy and maybe subject to change in future. Client/s Name : Client/s Address : Client/s Tel No’s : Client’s Email Address : Address of Property To Be Let : Agreed asking price: Type of Agency: Sole Agency……….Joint Agency……….Multiple Agency………. Minimum Term of Agreement weeks Date to begin marketing : Energy Performance Certificate: In Place…..In Progress…..Required (£65inc VAT) I/We confirm that I am/we are the sole/joint owner(s) of the property named above and has/have the right to rent out the property under the terms of the mortgage or head lease. Where necessary, the Landlord confirms that permission to let has been granted by the mortgagee and the freeholder or head leaseholder. : I/We confirm that I/We have read, understood and agree to Harrisons Residential Lettings Terms and Conditions and authorise them to sign the Tenancy Agreement on My/Our behalf. I/We instruct Harrisons Residential to undertake: (Please tick the service you require)
Sample 1
LIABILITY FOR TENANT DEFAULT. Although the aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-payment of rent, damage or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. If a Tenant defaults on rent and it is necessary to take them to court, we as agents are not permitted to represent the Landlords. It would under these circumstances be necessary for the Landlord to instruct a solicitor to act for them. If required, we are of course happy to make any court appearances necessary to support our Landlords cases. An insurance policy is recommended for this eventuality.
Sample 1
LIABILITY FOR TENANT DEFAULT. Although the aim is to take every care in managing the Property, the Agency cannot be held responsible for late or non-payment of rent, damage to the Property by tenants, or any other associated legal costs incurred, where the Agency has acted correctly in accordance with the terms of this Agreement or on the Landlord’s written or verbal instructions. It is recommended that an insurance policy is taken out for this eventuality.
Sample 1
LIABILITY FOR TENANT DEFAULT. Although our aim is to take care in managing the Property according to the terms of our client's instructions, the Agent has the right to be reimbursed for all expenses and indemnified against all costs, claims and liabilities incurred by the Agent while acting within the scope of this authority. The Agent cannot accept responsibility for non-payment of rent, damage, or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.
Sample 1
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LIABILITY FOR TENANT DEFAULT. 2.1 Although our aim is to take care in managing the Tenancy, the Agent cannot accept responsibility for non-payment of The Landlord confirms that they are the sole or joint owner of rent, damage, or other default by tenants, or any associated the Property and has the right to rent out the Property under legal costs incurred in their collection where the Agent has the terms of mortgage or head lease. Where necessary, the acted correctly in terms of this Agreement, or on the Xxxxxxxx confirms that permission to let has been granted by Xxxxxxxx’s instructions. An insurance policy is recommended the mortgagee and the freeholder or head leaseholder, and that the Landlord agrees to comply with any mortgage or Headlease conditions. Where the Property is subject to a mortgage or Headlease, the Landlord shall supply the Agent with details of any Headlease or mortgage conditions that may affect the letting of the Property. The Landlord authorises the Agent to carry out the various usual duties of tenancy management including those listed in items 1-14 of the Tenancy Management Service detailed in this document. The Landlord also agrees that the Agent may take and hold deposits and comply with the requirements of any tenancy deposit scheme that may apply to that deposit.
Sample 1
LIABILITY FOR TENANT DEFAULT. 15.1. Although the aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-payment of rent, damage or other default by Tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.
Sample 1

Related to LIABILITY FOR TENANT DEFAULT

  • Tenant’s Default The occurrence of any one or more of the following events shall constitute a default and breach of this Lease by Tenant:

  • No Event of Default No Default or Event of Default has occurred and is continuing.

  • Landlord’s Default Subject to Landlord's right to dispute its obligation in accordance with Section 5.1.5(b), if Landlord shall default in the performance or observance of any of its covenants or obligations set forth in this Agreement, and any such default shall continue for a period of ten (10) days after Notice thereof with respect to monetary defaults, and thirty (30) days after Notice thereof with respect to non-monetary defaults, from Tenant to Landlord and, subject to Section 19.3, any applicable Facility Mortgagee, or such additional period as may be reasonably required to correct such non-monetary defaults, Tenant may declare the occurrence of a "Landlord Default" under this Agreement by giving Notice of such declaration to Landlord and to such Facility Mortgagee. Thereafter, Tenant may (but shall have no obligation to) cure the same and, subject to the provisions of the following paragraph, invoice Landlord for costs and expenses (including reasonable attorneys' fees, paralegals' fees and court costs) incurred by Tenant in curing the same. If any such costs and expenses have not been reimbursed to Tenant as of the fifth (5th) day after the Landlord receives Tenant's Notice therefor, Landlord shall pay to Tenant, a late charge computed at the Overdue Rate on the amount of such reimbursement from the expiration of the applicable cure period to the date of payment thereof. Except as otherwise expressly provided herein to the contrary, Tenant shall have no right to terminate this Agreement for any default by Landlord hereunder or under the Other Leases and no right, for any such default, to offset or counterclaim against any Rent or other charges due hereunder. If Landlord shall in good faith dispute the occurrence of any Landlord Default and Landlord, before the expiration of the applicable cure period, shall give Notice thereof to Tenant, setting forth, in reasonable detail, the basis therefor, no Landlord Default shall be deemed to have occurred and Landlord shall have no obligation with respect thereto until final adverse determination thereof; provided, however, that in the event of any such adverse determination, Landlord shall pay to Tenant interest on any disputed funds at the Disbursement Rate, from the date demand for such funds was made by Tenant until the date of final adverse determination and, thereafter, at the Overdue Rate until paid. During the term of the Operating Agreement, Landlord shall indemnify and hold Tenant harmless against all claims, costs and expenses (including reasonable attorneys' fees and paralegals' fees) arising from a Landlord Default under the terms and conditions of this Agreement which shall cause an Event of Default under Section 16.01 of the Operating Agreement or a breach by Landlord of its obligations under the Owner Agreement or the Pooling Agreement. The provisions of this Section 14.2 shall survive the termination, expiration or cancellation of this Agreement for a period of five (5) years.

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