Common use of Property Evaluation Clause in Contracts

Property Evaluation. Broker shall make routine interior and/or exterior evaluations of Property upon renewal of Property lease agreements, vacation of premises, or substitution of roommates, up to four inspections included per calendar year. Owner agrees to pay Broker Forty-five Dollars ($45.00) for any additional evaluation performed at the request of or as authorized by Owner. First evaluation will be completed at no cost. An evaluation shall not be interpreted as an "Inspection" as outlined in NRS 645D. An evaluation is designed to make Owner aware of obvious physical defects of Property, which are generally referred to as "cosmetic" in nature. Broker will not observe inaccessible areas of Property or seek-out hidden defects. Should Broker become aware of what could be a structural or systems problem, Owner will be notified in writing, and a licensed repair professional will be contacted at Owner's request.

Property Evaluation. Broker shall make routine interior and/or exterior evaluations of Property upon renewal of Property lease agreements, vacation of premises, or substitution of roommates, up to four inspections included per calendar year. Owner agrees to pay Broker Forty-five Dollars ($45.00) for any additional evaluation performed at the request of or as authorized by Owner. First evaluation will be completed at no cost. An evaluation shall not be interpreted as an "Inspection" as outlined in NRS 645D. An evaluation is designed to make Owner aware of obvious physical defects of Property, which are generally referred to as "cosmetic" in nature. Broker will not observe inaccessible areas of Property or seek-out hidden defects. Should Broker become aware of what could be a structural or systems problem, Owner will be notified in writing, and a licensed repair professional will be contacted at Owner's request.