LEASE GUARANTEE. If a tenant has been qualified and placed by the Broker and defaults within the first 6 months of the original lease term, ▇▇▇▇▇▇ agrees no to charge a leasing fee to procure a new qualified tenant. If a tenant has been qualified and placed by the Broker and defaults within 7 – 9 months, ▇▇▇▇▇▇ agrees to reduce the leasing fee for a new qualified tenant at 25% of the monthly rental amount.
Appears in 2 contracts
Sources: Exclusive Rental Management Agreement, Exclusive Rental Management Agreement