Common use of LIABILITY FOR TENANT DEFAULT Clause in Contracts

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.

Appears in 1 contract

Samples: Terms and Conditions of Business

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LIABILITY FOR TENANT DEFAULT. The agent 15.1. Although the aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-­‐payment non-payment of rent, damage, damage or other default by tenantsTenants, or any associated legal costs incurred in their collection where the agent Agent has acted correctly in terms of this agreement, Agreement or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.

Appears in 1 contract

Samples: Letting Services & Agency Agreement

LIABILITY FOR TENANT DEFAULT. The agent 2.1 Although our aim is to take care in managing the Tenancy, the Agent cannot accept responsibility for non-­‐payment non-payment of rent, damage, or other default by tenants, or any associated legal costs incurred in their collection where the agent Agent has acted correctly in terms of this agreementAgreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.

Appears in 1 contract

Samples: Property Management Agreement

LIABILITY FOR TENANT DEFAULT. The agent Although the aim is to take every care in managing the Property, the Agency cannot accept responsibility be held responsible for non-­‐payment late or non-payment of rent, damage, or other default damage to the Property by tenants, or any other associated legal costs incurred in their collection incurred, where the agent Agency has acted correctly in accordance with the terms of this agreement, Agreement or on the Landlord’s written or verbal instructions. An It is recommended that an insurance policy is recommended taken out for this eventuality.

Appears in 1 contract

Samples: Landlord Letting & Management Agreement

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LIABILITY FOR TENANT DEFAULT. The agent Although the aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-­‐payment non payment of rent, damage, damage or other default by tenants, or any associated legal costs incurred in their collection where the agent Agent has acted correctly in terms of this agreement, or on the Landlord’s Landlords instructions. An insurance policy is recommended for this eventuality.

Appears in 1 contract

Samples: Agency Agreement

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