Common use of Use of Lockbox Clause in Contracts

Use of Lockbox. Owner(s) ( X authorizes) ( does NOT authorize) utilization of a lockbox system. In this regard, Owner has been informed that by using a lockbox system the Property may be more readily shown to prospective Buyers, but the personal property of Owner may, therefore, be more susceptible to theft or damage. Owner agrees that the lockbox, if utilized, will be for the benefit of Owner and releases Century 21 HomeStar, its members, employees, and agents from any and all liability and damages in connection with any loss that may occur. Century 21 Homestar advises and requests Owner safeguard or remove any valuables now located on the Property and verify the existence of, or obtain, personal property insurance. If a tenant is occupying the Property, Owner shall notify the tenant in writing about the use of a lockbox.

Use of Lockbox. Owner(s) ( X authorizes) ( does NOT authorize) utilization of a lockbox system. In this regard, Owner has been informed that by using a lockbox system the Property may be more readily shown to prospective Buyers, but the personal property of Owner may, therefore, be more susceptible to theft or damage. Owner agrees that the lockbox, if utilized, will be for the benefit of Owner and releases Century 21 HomeStar, its members, employees, and agents from any and all liability and damages in connection with any loss that may occur. Century 21 Homestar advises and requests Owner safeguard or remove any valuables now located on the Property and verify the existence of, or obtain, personal property insurance. If a tenant is occupying the Property, Owner shall notify the tenant in writing about the use of a lockbox.

Use of Lockbox. Owner(s) ( X authorizes) ( does NOT authorize) utilization of a lockbox system. In this regard, Owner has been informed that by using a lockbox system the Property may be more readily shown to prospective Buyerstenants, but the personal property of Owner may, therefore, be more susceptible to theft or damage. Owner agrees that the lockbox, if utilized, will be for the benefit of Owner and releases Century 21 HomeStar, its members, employees, and agents from any and all liability and damages in connection with any loss that may occur. Century 21 Homestar advises and requests Owner safeguard or remove any valuables now located on the Property and verify the existence of, or obtain, personal property insurance. If a tenant is occupying the Property, Owner shall notify the tenant in writing about the use of a lockbox.