Common use of LIABILITY FOR TENANT DEFAULT Clause in Contracts

LIABILITY FOR TENANT DEFAULT. Although the aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-payment of rent, damage or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.

Appears in 9 contracts

Samples: Terms of Business, Management Agreement, www.southernbrook.co.uk

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LIABILITY FOR TENANT DEFAULT. 2.1 Although the our aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-payment of rent, damage damage, or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

LIABILITY FOR TENANT DEFAULT. Although the aim is to take every care in managing selecting a suitable tenant for the Property, the Agent cannot accept responsibility for non-payment of rent, damage or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.

Appears in 3 contracts

Samples: www.southernbrook.co.uk, www.southernbrook.co.uk, www.southernbrook.co.uk

LIABILITY FOR TENANT DEFAULT. 2.1 Although the our aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-non- payment of rent, damage damage, or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An If insurance policy is recommended for this eventualityeventuality is requested by the Landlord, the Landlord agrees to pay the Management Fee on Due Rent inclusive of Rent Guarantee fee.

Appears in 1 contract

Samples: Agency Agreement

LIABILITY FOR TENANT DEFAULT. Although the aim is to take every care successfully manage the Property in managing the Propertyall respects, the Agent cannot accept responsibility for non-payment of rent, damage or other default by tenantsTenant, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An A Landlord insurance policy is recommended for this eventuality.

Appears in 1 contract

Samples: Agency Agreement

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LIABILITY FOR TENANT DEFAULT. 2.1 Although the our aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-non- payment of rent, damage damage, or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.

Appears in 1 contract

Samples: Agency Agreement

LIABILITY FOR TENANT DEFAULT. Although the aim is to take every care in managing the Property, the Agent cannot accept responsibility for non-non- payment of rent, damage or other default by tenants, or any associated legal costs incurred in their collection where the Agent has acted correctly in terms of this Agreement, or on the Landlord’s instructions. An insurance policy is recommended for this eventuality.

Appears in 1 contract

Samples: Agency Agreement

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