Common use of Marketing of Property Clause in Contracts

Marketing of Property. In connection with this Agreement, Owner authorizes Broker: a. To place a “For Lease” sign on the Property and to remove all other similar signs. b. At Owner’s expense, to turn on, or leave on, all utilities, and to authorize servicemen to do so, in order to show the Property to its best advantage or to permit inspection thereof. c. To have access to the Property for the purpose of showing it to prospects at any reasonable hour. d. To place advertising to obtain a tenant and agrees to reimburse Broker for such advertising. If this Agreement is terminated, Owner agrees to pay for all advertising placed up to the date of termination. e. To obtain a credit report and completed application for each prospective tenant. Broker has the right to charge the prospective tenant a processing fee, which is paid to Broker and not Owner and is not refundable to tenant regardless of whether or not the prospective tenant is approved. f. At Broker’s discretion and expense, to cooperate and compensate other property management companies that might represent a tenant who is approved by Owner and leases the Property.