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
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
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