Rentals. The Agent will offer for rent and will rent the dwelling units and commercial space, if any, in the Project. Incident thereto, the following provisions will apply: a. The Agent will show the Project to prospective tenants; b. The Agent will take and process applications for rentals. If an application is rejected, the applicant will be told the reason for rejection, and will be given the rejected application, with reason for rejection noted. A current list of prospective tenants will be maintained; c. The Agent will prepare all dwelling leases and, unless otherwise directed by the Owner, will execute the same in its name, identifying itself thereon as agent for the Owner. Dwelling leases will be in a form approved by the Owner; d. The Owner will furnish the Agent with rent schedules, showing contract rents for dwelling units, and other charges for facilities and services. The Agent will periodically review such rent schedules and make recommendations to the Owner with respect to changes thereto; e. The Agent will collect, deposit, and disburse security deposits, if required, in accordance with the terms of each tenant's lease; f. The Agent will negotiate and prepare commercial leases and concession agreements, if the Project shall now or hereafter contain any commercial space, and will execute the same in its name, identified thereon as agent for the Owner, subject to the Owner's prior approval of all terms and conditions; and g. The Agent will perform periodic market surveys with respect to the market area in which the Project is located.
Appears in 8 contracts
Samples: Property Management Agreement (Krupp Realty Fund LTD Iii), Property Management Agreement (Krupp Realty Fund LTD Iii), Property Management Agreement (Berkshire Income Realty Inc)
Rentals. The Agent will offer for rent and will rent the dwelling units and commercial space, if any, in the Project. Incident thereto, the following provisions will apply:
a. The Agent will show the Project to prospective tenants;
b. The Agent will take and process applications for rentals. If an application is rejected, the applicant will be told the reason for rejection, and will be given the rejected application, with reason for rejection noted. A current list of prospective tenants will be maintained;
c. The Agent will prepare all dwelling leases and, unless otherwise directed by the Owner, will execute the same in its name, identifying itself thereon as agent for the Owner. .Dwelling leases will be in a form approved by the Owner;
d. The Owner will furnish the Agent with rent schedules, showing contract rents for dwelling units, and other charges for facilities and services. The Agent will periodically review such rent schedules and make recommendations to the Owner with respect to changes thereto;
e. The Agent will collect, deposit, and disburse security deposits, if required, in accordance with the terms of each tenant's lease;
f. The Agent will negotiate and prepare commercial leases and concession agreements, if the Project shall now or hereafter contain any commercial space, and will execute the same in its name, identified thereon as agent for the Owner, subject to the Owner's prior approval of all terms and conditions; and
g. The Agent will perform periodic market surveys with respect to the market area in which the Project is located.
Appears in 1 contract
Samples: Property Management Agreement (Berkshire Income Realty Inc)
Rentals. The Agent will offer for rent and will rent the dwelling units and commercial space, if any, in the Project. Incident thereto, the following provisions will apply:
a. The Agent will show the Project to prospective tenants;
b. The Agent will take and process applications for rentals. If an application is rejected, the applicant will be told the reason for rejection, and will be given the rejected application, with reason for rejection noted. A current list of prospective tenants will be maintained;
c. The Agent will prepare all dwelling leases and, unless otherwise directed by the Owner, will execute the same in its name, identifying itself thereon as agent for the Owner. Dwelling leases will be in a form approved by the Owner;
d. The Owner will furnish the Agent with rent schedules, showing contract rents for dwelling units, and other charges for facilities and services. The Agent Xxxxxxxxxx Xxxx will periodically review such rent schedules and make recommendations to the Owner with respect to changes thereto;
e. The Agent will collect, deposit, and disburse security deposits, if required, in accordance with the terms of each tenant's lease;
f. The Agent will negotiate and prepare commercial leases and concession agreements, if the Project shall now or hereafter contain any commercial space, and will execute the same in its name, identified thereon as agent for the Owner, subject to the Owner's prior approval of all terms and conditions; and
g. The Agent will perform periodic market surveys with respect to the market area in which the Project is located.
Appears in 1 contract
Samples: Property Management Agreement (Krupp Cash Plus Ii LTD Partnership)
Rentals. The Agent will offer for rent and will rent the dwelling units and commercial space, if any, in the Project. Incident thereto, the following provisions will apply:
a. The Agent will show the Project to prospective tenants;
b. The Agent will take and process applications for rentals. If an application is rejected, the applicant will be told the reason for rejection, and will be given the rejected application, with reason for rejection noted. A current list of prospective tenants will be maintained;
c. The Agent will prepare all dwelling leases and, unless otherwise directed by the Owner, will execute the same in its name, identifying itself thereon as agent for the the
Owner. Dwelling leases will be in a form approved by the Owner;
d. The Owner will furnish the Agent with rent schedules, showing contract rents for dwelling units, and other charges for facilities and services. The Agent will periodically review such rent schedules and make recommendations to the Owner with respect to changes thereto;
e. The Agent will collect, deposit, and disburse security deposits, if required, in accordance with the terms of each tenant's lease;
f. The Agent will negotiate and prepare commercial leases and concession agreements, if the Project shall now or hereafter contain any commercial space, and will execute the same in its name, identified thereon as agent for the Owner, subject to the Owner's prior approval of all terms and conditions; and
g. The Agent will perform periodic market surveys with respect to the market area in which the Project is located.
Appears in 1 contract
Samples: Property Management Agreement (Krupp Realty LTD Partnership V)
Rentals. The Agent will offer for rent and will rent the dwelling units and commercial space, if any, in the Project. Incident thereto, the following provisions will apply:
a. The Agent will show the Project to prospective tenants;
b. The Agent will take and process applications for rentals. If an application is rejected, the applicant will be told the reason for rejection, and will be given the rejected application, with reason for rejection noted. A current list of prospective tenants will be maintained;
c. The Agent will prepare all dwelling leases and, unless otherwise directed by the Owner, will execute the same in its name, identifying itself thereon as agent for the Owner. Dwelling leases will be in a form approved by the Owner;
d. The Owner will furnish the Agent with rent schedules, showing contract rents for dwelling units, and other charges for facilities and services. The Agent will periodically review such rent schedules and make recommendations to the Owner with respect to changes thereto;; Xxxxxx'x Forge 2
e. The Agent will collect, deposit, and disburse security deposits, if required, in accordance with the terms of each tenant's lease;
f. The Agent will negotiate and prepare commercial leases and concession agreements, if the Project shall now or hereafter contain any commercial space, and will execute the same in its name, identified thereon as agent for the Owner, subject to the Owner's prior approval of all terms and conditions; and
g. The Agent will perform periodic market surveys with respect to the market area in which the Project is located.
Appears in 1 contract
Samples: Property Management Agreement (Berkshire Income Realty Inc)
Rentals. The Agent will offer for rent and will rent the dwelling units and commercial space, if any, in the Project. Incident thereto, the following provisions will apply:
a. The Agent will show the Project to prospective tenants;
b. The Agent will take and process applications for rentals. If an application is rejected, the applicant will be told the reason for rejection, and will be given the rejected application, with reason for rejection noted. A current list of prospective tenants will be maintained;
c. The Agent will prepare all dwelling leases and, unless otherwise directed by the Owner, ,will execute the same in its name, identifying itself thereon as agent for the Owner. .Dwelling leases will be in a form approved by the Owner;
d. The Owner will furnish the Agent with rent schedules, showing contract rents for dwelling units, and other charges for facilities and services. The Agent will periodically review such rent schedules and make recommendations to the Owner with respect to changes thereto;
e. The Agent will collect, deposit, and disburse security deposits, if required, in accordance with the terms of each tenant's lease;
f. The Agent will negotiate and prepare commercial leases and concession agreements, if the Project shall now or hereafter contain any commercial space, and will execute the same in its name, identified thereon as agent for the Owner, subject to the Owner's prior approval of all terms and conditions; and
g. The Agent will perform periodic market surveys with respect to the market area in which the Project is located.
Appears in 1 contract
Samples: Property Management Agreement (Berkshire Income Realty Inc)