Common use of Rental Payment Collection and Disbursement Clause in Contracts

Rental Payment Collection and Disbursement. Rental Agent shall collect on behalf of Owner all rental payments and security deposits required. All such funds shall be placed in the Rental Agents Escrow Account (a non-interest bearing account) prior to disbursement. Rental checks and monthly statements will be mailed on or about 15 days a†er the end of the month of all checked out rentals. Monthly statements will outline all deductions to the rental proceeds.

Rental Payment Collection and Disbursement. Rental Agent shall collect on behalf of Owner all rental payments and security deposits required. All such funds shall be placed in the Rental Agents Agent’s Escrow Account (a non-interest bearing account) prior to disbursementin the name of Tenant. Rental checks and monthly statements will be mailed on or about 15 days a†er after the end of the month of all checked out rentals. Monthly statements will outline all deductions to the rental proceeds.

Rental Payment Collection and Disbursement. Rental Agent shall collect on behalf of Owner all rental payments and security deposits required. All such funds shall be placed in the Rental Agents Escrow Account (a non-interest bearing account) prior to disbursement. Rental checks and monthly statements will be mailed on or about 15 days a†er aGer the end of the month of all checked out rentals. Monthly statements will outline all deductions to the rental proceeds.

Rental Payment Collection and Disbursement. Rental Agent shall collect on behalf of Owner all rental payments and security deposits required. All such funds shall be placed in the Rental Agents Escrow Account (a non-interest bearing account) prior to disbursement. Rental checks and monthly statements will be mailed on or about 15 days a†er after the end of the month of all checked out rentals. Monthly statements will outline all deductions to the rental proceeds.