Common use of Security Deposit Escrow Account Clause in Contracts

Security Deposit Escrow Account. The Agent shall maintain a separate escrow account for tenant security deposits and advance rentals. Such account shall be maintained in accordance with applicable state or local laws, if any and interest accrued in this account shall belong to the Agent.

Appears in 2 contracts

Samples: Row Real Estate Services, Real Estate Services

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Security Deposit Escrow Account. The Agent shall maintain a separate escrow account for tenant security deposits and advance rentals. Such account shall be maintained in accordance with applicable state or local laws, if any and interest accrued in this account shall belong to the Agentany.

Appears in 2 contracts

Samples: Management and Exclusive Rental Agreement, Management and Exclusive Rental Agreement

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Security Deposit Escrow Account. The Agent shall shall, if required by law, maintain a separate escrow account for tenant security deposits and advance rentals. Such account shall be maintained in accordance with applicable state or local laws, if any and any. Any interest accrued in on this account shall belong will be retained by the Agent to offset the Agentadministrative and accounting costs.

Appears in 1 contract

Samples: Careswell Morris Property

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