SECURITY DEPOSIT AND ADVANCE RENT. All security deposits and advance rent must be held by Broker in a Florida banking institution and in accordance with Chapter 83, Florida Statutes. Broker shall have full responsibility to collect rents, deposit and hold funds received on behalf of tenant as required by Chapter 83.49, Florida Statutes and disburse the security deposit to the tenant in accordance with Florida law. Owner shall indemnify Broker in the event Tenant sues Broker over a dispute concerning Owner's disposition of the security deposit or advance rent.
Appears in 3 contracts
Samples: Exclusive Property Management Agreement, Exclusive Property Management Agreement, Exclusive Property Management Agreement
SECURITY DEPOSIT AND ADVANCE RENT. All security deposits and advance rent must be held by Broker Owner in a Florida banking institution and in accordance with Chapter 83, Florida Statutes. Broker Owner shall have full responsibility to collect rents, deposit and hold funds received on behalf of tenant as required by Chapter 83.49, Florida Statutes and disburse the security deposit to the tenant in accordance with Florida lawLaw. Owner shall indemnify Broker in the event Tenant sues Broker Brokers over a dispute concerning Owner's ’s disposition of the security deposit or advance rent.
Appears in 2 contracts
Samples: Exclusive Right to Lease Agreement, Exclusive Right to Lease Agreement
SECURITY DEPOSIT AND ADVANCE RENT. All security deposits and advance rent must be held by Broker Owner in a Florida banking institution Institution and in accordance with Chapter 83, Florida Statutes. Broker Owner shall have full responsibility to collect rents, deposit and hold funds received on behalf of tenant as required by Chapter 83.49, Florida Statutes and disburse the security deposit to the tenant in accordance with Florida lawLaw. Owner shall indemnify Broker in the event Tenant sues Broker Brokers over a dispute concerning Owner's disposition of the security deposit or advance rent.
Appears in 1 contract
Samples: Exclusive Right to Lease Agreement
SECURITY DEPOSIT AND ADVANCE RENT. All security deposits and advance rent must be held by Broker Owner in a Florida banking institution and in accordance with Chapter 83, Florida Statutes. Broker Owner shall have full responsibility to collect rents, deposit and hold funds received on behalf of tenant tenants as required by Chapter 83.49, Florida Statutes and disburse the security deposit to the tenant in accordance with Florida lawLaw. Owner shall indemnify Broker in the event Tenant sues Broker Brokers over a dispute concerning Owner's ’s disposition of the security deposit or advance rent.
Appears in 1 contract
