Leasing Agency Agreement by vtc12324

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									                                 LEASING AGENCY AGREEMENT

This Agreement is made and entered into this _____ day of ____________, 20____

Between:

_________________________________________________________________________, the owner or
authorized representative (the “Owner”) located at

Address: ____________________________________________________________________

City, State, Zip: ______________________________________________________________,
With contact information of

Cell #: ________________________ Cell Provider (for text messages):___________________

Hm. Phone: _____________________________Wk. Ph: ______________________________

Fax: ____________________________ E-Mail:______________________________________

Additional Phones or Contact Information:

______________________________________________________________________________

_____________________________________________________________________________,

And:

 Tenant Placements, LLC (the “Leasing Agency”) located at 8931 Liberty Rd, 1st Floor, Randallstown, MD
21133, with contact information of phone # (877) 598-6640, email address of info@TenantPlacements.com,
website of www.TenantPlacements.com, and fax # (877) 598-6640

In consideration of the mutual covenants set forth herein, and for other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

1.      APPOINTMENT; PROPERTY:

        The Owner appoints the Leasing Agency, and the Leasing Agency accepts this appointment, on the
        terms and conditions provided below, as the Leasing Agency ‘exclusively’ to rent, lease, operate, and
        manage the real property and improvements known as

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

_____________________________________________________________________________,
       (consisting of _____ residential unit(s), collectively, the “Property”).


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          If Owner is not an individual, Owner is a:   estate corporation limited liability company (LLC)
             trust partnership limited liability partnership (LLP), which entity was charted or created in
          ______________________________ (State), then the individual signing this agreement for the
          Owner represents to the Leasing Agency that he or she has the authority to bind the Owner to this
          agreement, to act for Owner, and is acting under his capacity as

          _____________________________________________________________ (title) for the Owner.

2.        TERM; RENEWALS; TERMINATION.

          This Agreement shall be in effect for a period of 90 days commencing on the day of ratification.
          This Agreement shall automatically renew for (1) additional period immediately following the end of
          the initial period if the Property has not been leased, unless the Owner terminates this Agreement in
          writing at least 15 days prior to the end of the period. The Owner may terminate this Agreement by
          (a) giving the Leasing Agency at least 15 days prior written notice and (b) reimbursing the Leasing
          Agency, the amount of all disbursements made by the Leasing Agency on account of the Property
          (including, but not limited to, the amounts mentioned in the following paragraph).The Leasing
          Agency shall have the right to terminate this Agreement without assigning any reason upon written
          notice to the Owner. No commission shall be due to the Leasing Agency after the termination of this
          Agreement,, however the Leasing Agency shall be entitled to all reimbursements for the expenses
          incurred.

          The Owner acknowledges that the Leasing Agency will terminate this Agreement once the Property
          is leased and Leasing Agency refers the Owner to specific Property Management companies for
          ongoing management services.

3.        OWNER’S GRANT OF AUTHORITY AND POWERS.

          The Owner hereby grants to the Leasing Agency the following authority and powers during the term
          of this Agreement, and the Owner shall bear all expenses in connection with such grant of authority
          and powers:

     a.   to advertise the Property for lease at the Leasing Agency’s expense by means and methods that
          Leasing Agency determines are reasonably competitive, including but not limited to creating and
          placing advertisements with interior and exterior photographic and audio-visual images of the
          Property and related information in any media and the Internet;
     b.   to advertise the availability for rental of the Property, including by the display of “For Rent” and
          “Rent-to-Own” signs; to sign, renew, and/or cancel leases for the Property;
     c.   remove all other signs offering the Property for sale or lease;
     d.   submit the Property as a listing with one or more Multiple Listing Services (MLS) at any time the
          Property is marketed for lease and to change or terminate such listings;
     e.   authorize other agencies, their associates, inspectors, appraisers, and contractors to access the
          Property at reasonable times for purposes contemplated by this agreement and to lend keys and
          disclose security codes to such persons to enter the Property;
     f.   duplicate keys and access devices, at Owner’s expense, to facilitate convenient and efficient showings
          of the Property and to lease the Property;
     g.   place a key box on the Property;
     h.   employ scheduling companies to schedule showings by other agencies at any time the Property is
          marketed for lease;
     i.   verify information and references in rental applications from prospective tenants;
     j.   to prepare, negotiate, and execute the leases on behalf of the Owner;

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     k. to collect rents and deposits due and to give receipts accordingly;
     l. to make, or cause to be made and supervise, repairs and alterations on the Property; to decorate the
        Property; to purchase materials, supplies, and labor for the Property, and pay the bills accordingly;
        the Leasing Agency agrees to secure the prior approval of the Owner on all expenditures in excess of
        $500.00 for any one item or service, except emergency repairs exceeding $500.00 if in the sole
        opinion of the Leasing Agency those repairs are necessary to protect the Property from damage;
     m. to execute or otherwise enter contracts for electricity, gas, fuel, water, telephone, window cleaning,
        trash or rubbish hauling, and other services as the Leasing Agency may from time-to-time deem
        advisable; the Owner shall assume the obligation of those contracts at the termination of this
        Agreement; and
     n. to hire, discharge, and supervise all employees and independent contractors required for the
        operation and maintenance of the Property; those employees shall be deemed to be employees of the
        Owner and not of the Leasing Agency; the Leasing Agency may perform all of its duties under this
        Agreement through such employees, or other attorneys or agents, and the Leasing Agency shall not
        be or be liable for their negligence, errors, or omissions if reasonable care was exercised in their
        appointment and retention.
     o. obtain information from any holder of a note secured by a lien on the Property and any insurance
        company insuring all or part of the Property;
     p. perform other necessary services related to the leasing and management of the Property.

4.        LEASING AGENCY’S DUTIES; EXCEPTIONS.

          The Leasing Agency agrees during the term of this Agreement:

     a. to use reasonable diligence in the management of the Property, and to furnish its services for the
        renting, leasing, operating, and managing of the Property;
     b. to approve new tenants based on criteria permitted by applicable law, including job security and
        creditworthiness, as well as the Owner’s advice;
     c. to deposit all funds collected on behalf of the Owner (less any sums properly deducted pursuant to
        this Agreement or otherwise) in one or more accounts at a duly qualified national or Maryland
        banking institution, separate from Leasing Agency’s own operations accounts; the Leasing Agency
        shall not be held liable in the event of bankruptcy or failure of the depository; rents, deposits, and
        security deposits collected by the Leasing Agency may be placed in a separate interest-bearing
        account in a national or Maryland banking institution for the benefit of the tenants, and the Owner
        waives all rights to any such interest; IT IS SPECIFICALLY UNDERSTOOD AND AGREED BY
        THE OWNER THAT THE ACCOUNTS CONTAIN COMMINGLED FUNDS OF OTHER
        OWNERS OF PROPERTIES MANAGED BY THE LEASING AGENCY AS PERMITTED BY
        APPLICABLE LAW; and
     d. to provide the Owner statements of rental receipts and expenses for the Property, and to remit to the
        Owner all rent and deposits received for the property less (i) the amount due to the Leasing Agency
        pursuant to paragraph 5 below and (ii) the amount of all disbursements made by the Leasing Agency
        on account the Property for the applicable month (including, but not limited to, the amounts
        pursuant to paragraph 5 inclusive, below); those statements and remittances will cover the periods
        beginning on the first and ending on the last day of the applicable month, and will be mailed to the
        Owner approximately twenty (20) days after the last day of the applicable month; if the
        disbursements due to the Leasing Agency exceed the rents and deposits collected by the Leasing
        Agency (net of the amount due to the Leasing Agency pursuant to paragraph 5 below) for the
        applicable period, then the Owner shall pay such excess expenses to the Leasing Agency immediately
        upon demand.

Notwithstanding the foregoing, the Leasing Agency does not and shall not assume any liability whatsoever:


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     e. for any acts or omissions of the Owner, any previous or current managers of the Property, or the
        agents of either;
     f. for undisclosed or previously unknown latent defects to the Property or violations of environmental
        law or other regulations which may become known during the period this Agreement is in effect; any
        such latent defects, regulatory violations, or hazards discovered by the Leasing Agency shall be
        brought to the attention of the Owner, and the Owner shall promptly cure them; the Owner’s failure
        to promptly cure any such latent defects, violations, or hazard will result in the immediate
        termination of this Agreement, but will not relieve the Owner from any amount due to the Leasing
        Agency pursuant to paragraph 5(b) below, and any other amounts owed to the Leasing Agency;
     g. for damage to the Property resulting from vandalism, natural disaster, and/or acts of God, whether
        occupied or vacant in connection with access by a key box or otherwise;
     h. for the furnishings or other personal property placed, kept, or left in, at, or about the Property by the
        Owner, tenants, or their respective guests, invitees, or agents; or
     i. for services other than as agreed to in this Agreement or in later written agreements signed by the
        Leasing Agency and the Owner.

5.        LEASING AGENCY’S FEES:

          All fees to the Leasing Agency under this agreement are payable in Baltimore County, MD. This
          paragraph survives termination or expiration of this Agreement with regard to the fees earned during
          the subsistence of this Agreement which are not payable until after its termination. The Leasing
          Agency may deduct any fee under this paragraph from any funds the Leasing Agency holds in trust
          for Owner. If more than one property or unit is made part of and subject to this Agreement, each of
          the provisions below will apply to each property or unit separately.

     a.   Leasing Fees for New Tenancies: Each time the Property is leased to a new tenant, the Owner
          shall pay the Leasing Agency a leasing fee equal to 100% of one full month’s rent to be paid under
          the lease. The leasing fees under this paragraph are earned and payable at the time the lease is
          executed.

     b. Renewal or Extension Fees: The Owner shall pay the Leasing Agency a renewal or extension fee
        for negotiating the renewal or extension of an existing tenant in the Property equal to 100% of one
        full month’s rent to be paid under the lease. The renewal or extension fees under this paragraph are
        earned and payable at the time the renewal or extension is effective. For the purposes of this
        paragraph, a new lease for the same Property with the same tenant then occupying the Property is an
        extension or renewal. This paragraph does not apply to month-to-month renewals or month-to-
        month extensions.

     c.   Option Fees: For rent-to-own lease signings, the Leasing Agency will arrange the leasing to a new
          tenant or an existing tenant for the lease renewal/extension for the fees outlined above. The option
          to buy will be made to an independent, affiliated company, Universal Tenant Placements, LLC
          (“UTP”). UTP may purchase the Property or assign the option rights to the tenant for a negotiated
          option assignment fee. Any option assignment fees under this paragraph are paid by the tenant
          directly to UTP and shall not be an obligation of the Owner.

     d. Service Fees (Project Manager Fees): Each time the Leasing Agency arranges for the Property to
        be repaired, maintained, redecorated, altered, or registered as permitted under this Agreement, the
        Owner shall pay the Leasing Agency a service fee equal to 20% of the total cost of each repair,
        maintenance, alteration, redecoration, or registration filings. A minimum service fees or project
        manager fees discussed under this paragraph shall be $30. The service fees under this paragraph are


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       earned at the time the repair, maintenance, redecoration, or alteration is made and are payable upon
       the Owner’s receipt of Leasing Agency’s invoice.

  e.   Administrative Fees: If the Leasing Agency collects administrative charges from tenants or
       prospective tenants, including but not limited to, application fees, bus tour fees, returned check fees,
       or late charges, the Leasing Agency will retain such fees as compensation under this Agreement. The
       administrative fees under this paragraph are earned and payable at the time the Leasing Agency
       collects such fees.

  f.   Bus Tour Fees: Each time the Leasing Agency arranges for the Property to be shown on a bus
       tour, the Owner shall pay the Leasing Agency a service fee equal to $50 per Property address. The
       service fees under this paragraph are earned on the day before the bus tour and are payable upon the
       Owner’s receipt of the Leasing Agency’s invoice.

  g. Guaranteed Rent Program Fees: The Leasing Agency offers a “Guaranteed Rent Program” for
     each Property unit leased by the Leasing Agency. There is a separate agreement for the Guaranteed
     Rent Program that must be signed for each Property unit. The fee for the Guaranteed Rent Program
     is equal to $29.99 per month per Property unit leased by the Leasing Agency. The service fees under
     this paragraph are earned on the 1st day of the month, every month after the Owner subscribes to
     this program.

  h. Key Box Fees: Each time the Leasing Agency arranges for the placement of a key box with keys at
     the Property, the Owner shall pay the Leasing Agency a service fee equal to $30 per Property
     address. The service fees under this paragraph are earned at the time the key box installation with
     keys is made and are payable upon the Owner’s receipt of the Leasing Agency’s invoice.

  i.   Site Inspection Fees: Each time the Leasing Agency arranges for a representative to be present at
       the Property for a site inspection, the Owner shall pay the Leasing Agency a service fee equal to $50
       for a half day (up to 4 hours) and $100 for a half day (from 4 to 8 hours). The service fees under this
       paragraph are earned at the date on which our representative is present for the site inspection and are
       payable upon the Owner’s receipt of the Leasing Agency’s invoice.

6. OWNER’S DUTIES:

  The Owner agrees to:

  a. cooperate with the Leasing Agency to facilitate the showing, marketing, and lease of the Property;
  b. not rent or lease the Property to anyone without the Leasing Agency’s prior written approval;
  c. not negotiate with any prospective tenant who might contact the Owner directly, but refer all
     prospective tenants to the Leasing Agency;
  d. not deal with or negotiate with any tenant in the Property concerning any matter related to the
     leasing of the Property but refer all such dealings to the Leasing Agency;
  e. not enter into a listing agreement or property management agreement with another Leasing Agency
     for the rental, leasing, or management of the Property to become effective during this Agreement;
  f. provide the Leasing Agency with copies of any existing leases or rental agreements related to the
     Property;
  g. provide the Leasing Agency with keys and access devices to the Property;
  h. provide the Leasing Agency with copies of all warranties related to the Property or any item in the
     Property;
  i. complete any disclosures, notices, registrations, and permits required by law or a lease of the
     Property;

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  j. amend applicable disclosures, notices, registrations, and permits if any material change occurs during
     this Agreement;
  k. notify the Leasing Agency if the Owner becomes delinquent in the payment of: (1) any mortgage or
     other encumbrance secured by the Property; (2) property taxes; (3) property insurance; or (4) owners’
     association fees.

7. OWNER’S REPRESENTATIONS:

  General

  Owner represents that:

  a. Owner has title to and peaceable possession of the Property and all its improvements and fixtures,
     unless rented, and the legal capacity to lease the Property;
  b. Owner is not bound by: (i) another agreement with another agency for the leasing of the Property
     that is or will be in effect during this Agreement which will prevent the Leasing Agency from acting
     under the powers of this Agreement ; or (ii) an agreement or covenant that prohibits the Owner
     from leasing the property;
  c. no person or entity has any right to purchase, lease, or acquire the Property by an option, right of
     refusal, or other agreement;
  d. Owner is not delinquent in the payment of any property taxes, owners’ association fees, property
     insurance, mortgage, or any encumbrance on or affecting the Property;
  e. the Property is not subject to the jurisdiction of any court;
  f. the optional user fees for the use of common areas (for example, pool or tennis courts) in the
     Property’s subdivision are: _______________________________; and
  g. all information related to the Property that Owner provides to Leasing Agency is true and correct to
     the best of the Owner’s knowledge.

  The Leasing Agency may disclose to a tenant or to a prospective tenant any information related to the
  representations made in this paragraph.

  Property Condition: The Owner and Leasing Agency are obligated under law to disclose to a tenant or to
  a prospective tenant any known condition that materially and adversely affects the health or safety of an
  ordinary tenant. The Owner is obligated under the Property Code to repair any such condition for a
  tenant.

  Owner represents that:

  a. any pool or spa and any required enclosures, fences, gates, and latches comply with all applicable laws
     and ordinances; and
  b. Owner is not aware of a condition concerning the Property that materially affects the health or safety
     of an ordinary tenant, except as stated below, in this agreement, or in any addendum:

       _____________________________________________________________________

       _____________________________________________________________________

  Lead-Based Paint: If the Property was built before 1978, Owner will complete and attach to this
  agreement an addendum regarding lead-based paint and lead-based paint hazards that will be made part
  of any lease of the Property. If the Property was built before 1978, federal law requires the Owner
  (before a tenant is obligated under a lease) to: (1) provide the tenant with the federally approved

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  pamphlet on lead poisoning prevention; (2) disclose the presence of any known lead-based paint or
  hazards in the Property; and (3) deliver all records and reports to the tenant related to such paint or
  hazards, pursuant under 42 U.S.C. 4582(d).

8. INFORMATION ABOUT TRUST ACCOUNTS AND KEY BOXES:

  Trust Accounts: A trust account must be separate from Leasing Agency’s operating account and must be
  designated as a trust, property management, or escrow account or other similar name. Leasing Agency
  may maintain one trust account for all properties Leasing Agency leases and manages for others.

  Key boxes: A key box is a locked container placed on the Property that holds a key to the Property. A
  key box makes it more convenient for Leasing Agencies, their associates, inspectors, appraisers, and
  contractors to show, inspect, or repair the Property. The key box is opened by a special combination, key,
  or programmed device, so that authorized persons may enter the Property. Using a key box will probably
  increase the number of showings, but involves risks (for example, unauthorized entry, theft, property
  damage, or personal injury).

9. LIABILITY OF LEASING AGENCY.

  The Owner hereby agrees to hold the Leasing Agency harmless from, and to defend the Leasing Agency
  against, any and all claims, charges, debts, demands and lawsuits. The Owner agrees to pay the Leasing
  Agency’s attorney's fees related to the Leasing Agency’s management of the herein-described property
  and any liability for injury on or about the Property which may be suffered by any employee, tenant or
  guest upon the property. The Owner agrees to maintain an all risks covered property insurance and that
  the Leasing Agency shall be an additionally named insured. The Owner shall provide a copy of such
  insurance policy to the Leasing Agency for the Leasing Agency's records.

  a.   Leasing Agency is not responsible or liable in any manner for personal injury to any person or for
       loss or damage to any person’s real or personal property resulting from any act or omission not
       caused by the Leasing Agency’s negligence, including but not limited to injuries or damages caused
       by:
                     i. other agents, their associates, inspectors, appraisers, and contractors who are
                        authorized to access the Property;
                    ii. acts of third parties (for example, vandalism, theft, or other criminal acts);
                   iii. freezing or leaking water pipes;
                   iv. a dangerous condition or environmental condition on the Property; or
                    v. the Property’s non-compliance with any law or ordinance.



  b. Leasing Agency is not responsible or liable in any manner for:
                  i. any late fees or other charges the Owner incurs to any creditor caused by late or
                     insufficient payments by any tenant in the Property; or
                 ii. damages to Owner caused by a tenant or tenant’s breach of a lease.



  c.   Owner agrees to protect, defend, indemnify, and hold the Leasing Agency harmless from any
       damage, costs, attorney’s fees, government actions, and expenses that:
                    i. are caused by the Owner, negligently or otherwise;


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                    ii. arise from Owner’s failure to disclose any material or relevant information about the
                        Property;
                   iii. arise from Owner’s failure to complete any disclosures, notices, registrations, and
                        permits required by law or a lease of the Property
                   iv. are caused by Owner giving incorrect information to any person; or
                    v. are related to the management of the Property and are not caused by Leasing
                        Agency, negligently or otherwise.




  d. It is further agreed and understood by the Owner that the Leasing Agency is acting for the Owner
     only and shall not in any event be held liable to the Owner or the Tenant for the fulfillment or non-
     fulfillment of any of the terms or conditions of the lease, for any action or proceedings that may be
     taken by the Owner against the Tenant, or the Tenant against the Owner. The Owner agrees to and
     shall indemnify and hold harmless the Leasing Agency of and from any actions, suits, causes of
     action, claims, losses or liability of any nature whatsoever with regard to the Property that may arise
     between the Owner and the Tenant.

  e.   Notwithstanding clause 5 (d), the Owner unequivocally agrees to protect, indemnify, and hold the
       Leasing Agency fully harmless against any claims that the Owner may have against the Property
       Management companies (including their agents, employees and contractors) arranged by the Leasing
       Agency for any defect in workmanship, negligence, willful misconduct or delay that may arise as a
       consequence of their services

  f.   Owner is responsible and liable for all contracts and obligations related to the Property (for example,
       maintenance, service, repair and utility agreements) entered into before or during this agreement by
       Owner or by the Leasing Agency under Leasing Agency’s authority under this Agreement. The
       Owner agrees to hold the Leasing Agency harmless from all claims related to any such contracts.

10. INSURANCE:

  At all times during this agreement, Owner must maintain in effect:

  a. a public liability insurance policy that names the Leasing Agency as a co-insured or additional insured
     and covers losses related to the Property in an amount of not less than $500,000 on an occurrence
     basis; and
  b. an insurance policy for the Property in an amount equal to the reasonable replacement cost of the
     Property’s improvements and that contains endorsements which contemplate the leasing of the
     Property with vacancies between lease terms.

  Not later than the 15th day after the Commencement Date, the Owner must deliver to the Leasing
  Agency copies of certificates of insurance evidencing the coverage required under this “Insurance”
  paragraph. If the coverage changes at any time during this Agreement, the Owner must deliver to the
  Leasing Agency a copy of the insurance certificate evidencing the change not later than 10 days after the
  change.

  If Owner fails to comply with these “Insurance” paragraphs, the Leasing Agency may:



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  c. purchase insurance that will provide the Leasing Agency the same coverage as the required insurance
     under Paragraph 10a. and Owner must promptly reimburse the Leasing Agency for such expense; or
  d. exercise Leasing Agency’s remedies under Default Paragraph.

11. DEFAULT:

  A party is in default if the party fails to cure a breach within 10 days after receipt of written demand from
  the other party. If either party is in default, the non-defaulting party may: (a) terminate this agreement by
  providing at least 10 days written notice; (b) recover all amounts due to the non-defaulting party under
  this agreement; (c) recover reasonable collection costs and attorney’s fees; and (d) exercise any other
  remedy available at law. Leasing Agency is also entitled to recover any compensation Leasing Agency
  would have been entitled to receive if Owner did not breach this agreement.

12. MEDIATION:

  The parties agree to negotiate in good faith in an effort to resolve any dispute related to this agreement
  that may arise between the parties. If the dispute cannot be resolved by negotiation, the dispute will be
  submitted to mediation. The parties to the dispute will choose a mutually acceptable mediator and will
  share the cost of mediation equally.

13. ATTORNEY’S FEES:

  If Owner or Leasing Agency is a prevailing party in any legal proceeding brought as a result of a dispute
  under this Agreement or any transaction related to or contemplated by this agreement, such party will be
  entitled to recover from the non-prevailing party all costs of such proceeding and reasonable attorney’s
  fees

14. 30 DAY GUARANTEE:

  The Leasing Agency guarantees it will sign a “Holding Deposit” agreement with a tenant qualified to
  lease the Property within 30 days of the Property being categorized as “Authorized for Showings”. Each
  Property unit must be inspected and “Authorized for Showings” by the Leasing Agency before the 30
  day period begins. The Leasing Agency will send the Owner a notice when the Property has been
  “Authorized for Showings”. In the event that the Leasing Agency does not sign a “Holding Deposit”
  agreement with a tenant qualified to lease the Property within 30 days of the Property being categorized
  as “Authorized for Showings”, the Leasing Agency will credit the Owner’s account with $100 within 10
  days after the expiration of the 30 day period. This guarantee has the following additional conditions: (i)
  the Leasing Agency has full control to set the rent amount up to 20% below the mean market rent rates,
  defined by rentometer.com, zilpy.com, or MLS data as chosen by the Leasing Agency, (ii) the Owner has
  authorized the Leasing Agency to rent to a “A”, “B”, or “C” tenant as defined by the property
  registration/listing in the Owners account on www.tenantplacements.com, (iii) the Owner has authorized
  the Leasing Agency to negotiate a security deposit of 1 month’s rent or less as defined by the property
  registration/listing in the Owners account on www.tenantplacements.com, (iv) the Owner has authorized
  the Leasing Agency to negotiate a month-to-month or 1 year lease term as defined by the property
  registration/listing in the Owners account on www.tenantplacements.com, (v) the Owner has authorized
  the Leasing Agency to lease to a voucher holding tenant as well as a non-voucher holding tenant as
  defined by the registration/listing in the Owners account on www.tenantplacements.com, and (vi) the
  Owner has accrued $100 or more in fees due to the Leasing Agency.

15. ASSIGNMENTS:


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   Neither party may assign this Agreement without the written consent of the other party.

16. BINDING EFFECT:

   Owner’s obligation to pay the Leasing Agency an earned fee is binding upon Owner and Owner’s heirs,
   administrators, executors, successors, and permitted assignees.

17. JOINT AND SEVERAL:

   All Owners executing this agreement are jointly and severally liable for the performance of all their terms.
   Any act or notice to, refund to, or signature of, any one or more of the Owners regarding any term of
   this agreement, its extension, its renewal, or its termination is binding on all Owners executing this
   Agreement.

18. GOVERNING LAW:

   Maryland law governs the interpretation, validity, performance, and enforcement of this Agreement.

19. SEVERABILITY:

   If a court finds any clause in this agreement invalid or unenforceable, the remainder of this Agreement
   will not be affected and all other provisions of this agreement will remain valid and enforceable.

20. CONTEXT:

   When the context requires, singular nouns and pronouns include the plural.

21. NOTICES:

   Notices between the parties must be in writing and are effective when sent to the receiving party’s
   address, fax, or e-mail address specified in this agreement.

22. INFORMATION:

   a. Fair housing laws require the Property to be shown and made available to all persons without regard
      to race, color, religion, national origin, sex, disability, or familial status. Local ordinances may
      provide for additional protected classes (for example, creed, status as a student, marital status, sexual
      orientation, or age).
   b. Owner may review the information Leasing Agency submits to an MLS or other listing service.
   c. Leasing Agency advises Owner to remove or secure jewelry, prescription drugs, and other valuables.
   d. The Property Code requires certain types of locks or security devices on all exterior doors of
      residential rental properties and requires smoke detectors in certain locations. The Property Code
      requires the security devices to be rekeyed and the smoke detectors to be tested each time a new
      tenant occupies the Property. The Property Code requires certain disclosures, notices, registrations,
      and permits each time a new tenant occupies the Property.
   e. Leasing Agency cannot give legal advice. READ THIS AGREEMENT CAREFULLY. If you do not
      understand the effect of this agreement, consult an attorney BEFORE signing.




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                                  ***CREDIT CARD AUTHORIZATION***
                                              REQUIRED

        ______________________________                     ___________________________________
        CREDIT CARD TYPE                                   CREDIT CARD NUMBER

        ______________________________                     ___________________________________
        EXPIRATION DATE                                    BILLING ZIP


        I authorize Tenant Placements, LLC to automatically bill the card listed above to settle any invoices
        due from me the Owner to Tenant Placements, LLC, the Leasing Agency.

        ______________________________                     ___________________________________
        CARDHOLDER SIGNATURE                               NAME ON CARD



This document represents the entire Agreement between the parties hereto.

IN WITNESS WHEREOF, the parties hereto hereby execute this Agreement on the date first above written.


____________________________________
Owner – Signature


____________________________________
Owner – Printed Name




_______________________________________________
Leasing Agency – Tenant Placements, LLC Signature


_______________________________________________
Leasing Agency – Tenant Placements, LLC Printed Name




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