Management Defined. Whenever used in this Agreement, the term “
Management Defined. The term "
Management Defined. Whenever used in this Agreement, the term "Management" shall mean the Board and/or the administrative staff designated by the Board to implement and administer the Board's policies.
Management Defined. Owner grants authority to Agent to perform management activities and Owner agrees to assume all expenses in connection with the management of the property. Management of the Property is defined as: • Acting for Owner for the purpose of securing and/or renewing lease contracts. • Using generally accepted procedures to procure tenants for vacancies as they occur. This may include advertising, using multiple listing services, placing of sign and lockbox on Property, and removing any other sign if necessary. Owner authorizes Agent to have interior and exterior photographs of the property taken and to digitize, reproduce, publish, transit, disseminate, and display in any form or manner including, without limitation, Multiple Listing Systems and any other electronic media, as well as books, displays, publications, and newspapers as well as any other use, media, or means to aid in the rental of Landlord’s property. Landlord hereby waives, acquits and forever releases Agent, MLS Systems, their officers, directors, employees, and shareholders from any responsibility or liability concerning any photographic services or the use, distribution, or display of photographs in any form or manner. • Using generally accepted procedures to evaluate applicants for their suitability as tenants, which may include obtaining credit and reference verifications in connection therewith. • Receiving all rent and other monies due from tenant. • Remitting all monies due Owner under the terms of this Agreement. • Maintaining accurate records of rental income and expenditure for the Property; furnishing Owner such records from time to time as Owner may require; submitting at the end of each calendar year Internal Revenue Service Form 1099 indicating rents received for the Property. • Performing due diligence in selecting and arranging for necessary maintenance of the Property. • Surveying the interior of the property at least yearly during the tenancy, surveying the exterior of the property at least quarterly, and performing an interior and exterior inspection at the termination of tenant’s occupancy. • Initiating legal action when required to protect Owner’s and/or Agent’s interests. • Terminating tenancies and to sign and serve or have served such notices as are deemed to be necessary by Agent; to institute and prosecute actions to evict tenants and recover possession of Property; to sue and recover rent; when expedient, to settle, compromise and release any such actions or suits, or re...
