Owners Authority and Responsibilities Sample Clauses
The "Owner's Authority and Responsibilities" clause defines the rights and obligations of the project owner within a contract. It typically outlines the owner's role in providing necessary information, approvals, and access to the site, as well as their responsibility to make timely decisions and payments. For example, the owner may be required to review and approve design documents or supply materials by certain deadlines. This clause ensures that the project progresses smoothly by clarifying the owner's duties, thereby preventing delays and disputes related to unclear responsibilities.
Owners Authority and Responsibilities. A. To approve all non-emergency repair(s).
B. Owner agrees to contribute and maintain a $300.00 expense fund. This fund will be maintained by BROKER. Fund to be collected at signing and acceptance of the Absentee Owner Management Agreement.
C. If property includes an in-ground or above-ground pool, Owner will provide regular pool maintenance at their expense through a licensed/bonded pool service company.
Owners Authority and Responsibilities. The OWNER expressly retains the following authority, responsibilities, and obligations:
A. To advise International Golf Realty when Premises are listed for sale. International Golf Realty reserves the right to deny entrance to salespersons and potential buyers during periods of occupancy by Tenants or Guests.
▇. ▇▇ notify MANAGER in advance when OWNER plans to use the property so that MANAGER does not book it during periods OWNER intends to occupy. Make all reservations through International Golf Realty rental office. All guests including Owner and friends and guests of the Owner must check in and out through International Golf Realty. The Owner or guests of the Owner may occupy the Premises when it has not been rented by International Golf Realty, provided International Golf Realty has been properly notified in advance. To ensure our high standards are maintained for the benefit of all guests, Owners, their families, and their guests will pay departure cleaning.
C. To delegate the responsibility of executing all leases and rental agreements to the MANAGER.
D. To approve any capital expenditures.
E. To approve any repair that exceeds $300.00 in cost (except emergency repairs) and to decide jointly with MANAGER who will perform such repair.
F. To pay reasonable expenses incurred by MANAGER in obtaining legal advice regarding compliance with any law affecting the premises or activities related to the renting of the property. If such expenditure also benefits others for whom MANAGER acts in a similar capacity, OWNER agrees to pay an apportioned amount of such expense.
G. To promptly reimburse MANAGER for funds that were dispersed to the Owner(s) in the event that the tenant pays the rent with a non-sufficient funds check, and the tenant does not replace the NSF check within 30 days.
▇. ▇▇ provide MANAGER with, or authorize Manager to obtain at OWNERS expense, eight (8) sets of keys and an appropriate number of fobs, amenities cards and/or remotes to the premises.
I. To bear the cost of having the property sprayed for fleas if pets have been kept on the property prior to the initial lease. NO PETS will be allowed on the premises without prior notification and approval of OWNER. A nonrefundable pet fee will be collected in such instances where a pet is allowed by the OWNER, to cover additional cleaning and pest control of the premises. The OWNER will be responsible for the same if they or their guest brings a pet.
J. To pay BROKER five (5%) percent real estate ...
Owners Authority and Responsibilities