Common use of COORDINATION FEES Clause in Contracts

COORDINATION FEES. As BROKER typically does not receive any compensation while a unit is vacant, in the event the property requires extensive amount of effort prior to placing the property on the market either due to pre-existing conditions or from damaged caused by tenant, LANDLORD agrees to pay BROKER a one-time fee based on the following schedule. Contractor bids up to 3: ½ of one month’s rent or a minimum $500, whichever is greater. Handling the eviction legal paperwork (of the courts and a lawyer) of any tenant not procured by BROKER, LANDLORD agrees to pay BROKER a flat $300. If All County must appear in court, it will be $250 per hour. Multi- family/City inspection paperwork fee $250, plus trip fee per trip to meet various inspectors as required by the government entity. If owner is holding up repairs over 60 days, a $79 monthly fee will apply. BROKER will not place a tenant using government assisted housing vouchers on a vacancy, unless LANDLORD explicitly requests it, and if so, LANDLORD agrees to pay BROKER a fee of $250 for handling paperwork and inspections with the government assisted housing authority per property unit per tenant.

COORDINATION FEES. As BROKER typically does not receive any compensation while a unit is vacant, in the event the property requires extensive amount of effort prior to placing the property on the market either due to pre-existing conditions or from damaged caused by tenant, LANDLORD agrees to pay BROKER a one-time fee based on the following schedule. Contractor bids up to 3bid: ½ of one month’s rent or a minimum $500, whichever is greater. Handling the eviction legal paperwork (of the courts and a lawyer) of any tenant not procured by BROKER, LANDLORD agrees to pay BROKER a flat $300. If All County must appear in court, it will be $250 per hour. Multi- family/City inspection paperwork fee $250, plus trip fee per trip to meet various inspectors as required by the government entity. If owner is holding up repairs over 60 days, a $79 monthly fee will apply. BROKER will not place a tenant using government assisted housing vouchers on a vacancy, unless LANDLORD explicitly requests it, and if so, LANDLORD agrees to pay BROKER a fee of $250 for handling paperwork and inspections with the government assisted housing authority per property unit per tenant.