Common use of Owner’s Duties Clause in Contracts

Owner’s Duties. a. Owner shall promptly perform all of its obligations under this Agreement and all leases, mortgages, deeds of trust, restrictive covenants, condominium documents, and other agreements affecting the Premises. This obligation includes Home Owners Association and other such related interests. b. Owner shall determine the standards by which Tenants shall be selected and the rents and other charges for leases of the Premises. Agent may rely on this information until Owner gives Agent written notice to the contrary; provided that Agent may, from time to time, recommend revised schedules of rents and charges, and Owner will be presumed to have approved any changes recommended by Agent unless Owner gives Agent notice to the contrary within thirty (30) days after Agent sends any such recommended changes. c. Owner shall keep the Premises in compliance with all applicable laws, rules, regulations, and ordinances including laws concerning lead based paint and mold prevention and remediation. d. Owner agrees that the Premises shall be leased without regard the race, color, religion, sex, handicap, e. familial status, national origin, or elderliness of any Tenant, and Owner shall otherwise comply with all fair housing laws applicable to Owner or Agent. f. Owner shall pay all interest required to be paid on security deposits held for tenants, to the extent that the interest Agent receives on such security deposits is insufficient. g. Owner shall maintain and provide Agent evidence of general liability and other insurance with per occurrence limits not less than the Minimum Insurance, covering any and all claims arising from bodily injury, death, or Premises damage for acts and omissions relating to the Premises. All insurance required by this Agreement shall protect Owner and Agent, their employees, servants, and agents, and should name Agent as an additional insured. h. Owner shall pay all expenses of managing, owning, and operating the Premises. Nothing in this Agreement and no course of dealing shall be construed to require Agent to make any payment regarding the Premises out of Agent’s funds, Agent’s sole responsibility being to make any such payment out of such funds of Owner as are available to Agent. i. Owner shall provide Agent with all requested data, records, documents, and information relating to the Premises. j. Owner represents that Owner is the owner of the Premises and has full authority to enter into this Agreement. k. Owner shall deliver property to Agent in a fit and habitable condition, including all required smoke detectors and all other safety equipment as required by law and Agent’s policies. Failure to deliver property to Agent in accordance with these provisions will constitute a breach of this agreement and Agent may avail himself of remedies in #14 (Default).

Owner’s Duties. a. Owner shall promptly perform all of its obligations under this Agreement and all leases, mortgages, deeds of trust, restrictive covenants, condominium documents, and other agreements affecting the Premises. This obligation includes Home Owners Association and other such related interests. b. Owner shall determine the standards by which Tenants shall be selected and the rents and other charges for leases of the Premises. Agent may rely on this information until Owner gives Agent written notice to the contrary; provided that Agent may, from time to time, recommend revised schedules of rents and charges, and Owner will be presumed to have approved any changes charges recommended by Agent unless Owner gives Agent notice to the contrary within thirty seven (307) days after Agent sends any such recommended changes. c. Owner shall keep the Premises in compliance with all applicable laws, rules, regulations, and ordinances including laws concerning lead based paint and mold prevention and remediation. Owner shall keep property in good repair. d. Owner agrees that the Premises shall be leased without regard the to race, color, religion, sex, handicap, e. familial status, national origin, or elderliness of any Tenant, Tenant and Owner shall otherwise comply with all fair housing laws applicable to Owner or Agent. f. Owner shall pay all interest required to be paid on security deposits held for tenants, to the extent that the interest Agent receives on such security deposits is insufficient. g. e. Owner shall maintain and provide Agent evidence of general liability and other insurance with per occurrence limits not less than the Minimum Insurance, covering any and all claims arising from bodily injury, death, or Premises damage for acts and omissions relating to the Premises. All insurance required by this Agreement shall protect both Owner and Agent, their employees, servants, and agents, and should shall name Agent as an additional insured.. EXCLUSIVE RIGHT TO LEASE AGREEMENT – page 2 of 6 INITIALS: h. f. Owner shall pay all expenses of managing, owning, and operating the Premises. Nothing in this Agreement and no course of dealing shall be construed to require Agent to make any payment regarding the Premises out of Agent’s funds, Agent’s sole responsibility being to make any such payment out of such funds of Owner as are available to Agent. i. g. Owner shall provide Agent with all requested data, records, documents, and information relating to the Premises. j. h. Owner represents that Owner is the owner of the Premises and has full authority to enter into this Agreement. k. i. Owner shall deliver property to Agent in a fit and habitable condition, including all required smoke detectors and all other safety equipment and inspections as required by local municipal law and Agent’s policies. Failure to deliver property to Agent in accordance with these provisions will constitute a breach of this agreement and Agent may avail himself of remedies in #14 (Default). j. If the home’s heating system uses natural gas, oil, propane, or other combustible fuel, owner is required to install a carbon monoxide detector. k. Owner represents that the home’s heating system has been recently serviced by a licensed HVAC professional.

Owner’s Duties. a. Owner shall promptly perform all of its obligations under this Agreement and all leases, mortgages, deeds of trust, restrictive covenants, condominium documents, and other agreements affecting the Premises. This obligation includes Home Owners Association and other such related interests. . b. Owner shall determine the standards by which Tenants shall be selected and the rents and other charges for leases of the Premises. Agent may rely on this information until Owner gives Agent written notice to the contrary; provided that Agent may, from time to time, recommend revised schedules of rents and charges, and Owner will be presumed to have approved any changes recommended by Agent unless Owner gives Agent notice to the contrary within thirty (30) days after Agent sends any such recommended changes. recommendedchanges. c. Owner shall keep the Premises in compliance with all applicable laws, rules, ,regulations, and ordinances including laws concerning lead based paint and mold prevention and remediation. d. Owner agrees that the Premises shall be leased without regard the race, color, religion, sex, handicap, e. familial status, national origin, or elderliness of any Tenant, and Owner shall otherwise comply with all fair housing laws applicable to Owner or Agent. f. Owner shall pay all interest required to be paid on security deposits held for tenants, to the extent that the interest Agent receives on such security deposits is insufficient. g. Owner shall maintain and provide Agent evidence of general liability and other insurance with per occurrence limits not less than the Minimum Insurance, covering any and all claims arising from bodily injury, death, or Premises damage for acts and omissions relating to the Premises. All insurance required by this Agreement shall protect Owner and Agent, their employees, servants, and agents, and should name Agent nameAgent as an additional insured. . h. Owner shall pay all expenses of managing, owning, and operating the Premises. Nothing in this Agreement and no course of dealing shall be construed to require Agent to make any payment regarding the Premises out of Agent’s funds, Agent’s sole responsibility being to make any such payment out of such funds of Owner as are available areavailable to Agent. i. Owner shall provide Agent with all requested data, records, documents, and information relating to the Premises. j. Owner represents that Owner is the owner of the Premises and has full authority to enter into this Agreement. k. Owner shall deliver property to Agent in a fit and habitable condition, including all required smoke detectors and all other safety equipment as required by law and Agent’s policies. Failure to deliver property to Agent in accordance with these provisions will constitute a breach of this agreement and Agent may avail himself of remedies ofremedies in #14 (Default).

Owner’s Duties. a. Owner shall promptly perform all of its obligations under this Agreement and all leases, mortgages, deeds of trust, restrictive covenants, condominium documents, and other agreements affecting the Premises. This obligation includes Home Owners Association and other such related interests. b. Owner shall determine the standards by which Tenants shall be selected and the rents and other charges for leases of the Premises. Agent may rely on this information until Owner gives Agent written notice to the contrary; provided that Agent may, from time to time, recommend revised schedules of rents and charges, and Owner will be presumed to have approved any changes recommended by Agent unless Owner gives Agent notice to the contrary within thirty (30) days after Agent sends any such recommended changes. c. Owner shall keep the Premises in compliance with all applicable laws, rules, regulations, and ordinances including laws concerning lead based paint and mold prevention and remediation. d. Owner agrees that the Premises shall be leased without regard the race, color, religion, sex, handicap, e. familial status, national origin, or elderliness of any Tenant, and Owner shall otherwise comply with all fair housing laws applicable to Owner or Agent. f. e. Owner shall pay all interest required to be paid on security deposits held for tenants, to the extent that the interest Agent receives on such security deposits is insufficient. g. f. Owner shall maintain and provide Agent evidence of general liability and other insurance with per occurrence limits not less than the Minimum Insurance, covering any and all claims arising from bodily injury, death, or Premises damage for acts and omissions relating to the Premises. All insurance required by this Agreement shall protect Owner and Agent, their employees, servants, and agents, and should name Agent as an additional insured. h. g. Owner shall pay all expenses of managing, owning, and operating the Premises. Nothing in this Agreement and no course of dealing shall be construed to require Agent to make any payment regarding the Premises out of Agent’s funds, Agent’s sole responsibility being to make any such payment out of such funds of Owner as are available to Agent. i. h. Owner shall provide Agent with all requested data, records, documents, and information relating to the Premises. j. i. Owner represents that Owner is the owner of the Premises and has full authority to enter into this Agreement. k. j. Owner shall deliver property to Agent in a fit and habitable condition, including all required smoke detectors and all other safety equipment as required by law and Agent’s policies. Failure to deliver property to Agent in accordance with these provisions will constitute a breach of this agreement and Agent may avail himself of remedies in #14 (Default).