Relocation Rentals

Carolyn P. Hansen, Inc.

612-670-9338

Owner’s Leasing Contract

Date:

This Contract is between Relocation Rentals, a Management Company owned and operated by Carolyn P. Hansen, Inc. a Limited Liability Partner in Keller Williams Integrity WI/MN, to be called

THE BROKER, AND _______________________________, herein called THE OWNERS.

Whereas the Broker shall provide Rental Leasing Services to the Owners of the residential properties;

Whereas the Owner owns and has the authority to enter into this exclusive agreement on the residential property(ies) below;

Whereas the Broker shall enter into an exclusive agreement to provide such services following the terms and conditions forthwith;

The services shall apply to the following property address(s):
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________

THE OWNER AND THE BROKER AGREE TO THE FOLLOWING:

#1 Owner gives the Broker the following authority and powers for leasing:

a. To market the property for rent

b. To screen prospective tenants including credit, income verification, rent history and criminal background

c. To collect Security Deposits from Renters

d. To prepare leases for the property(ies).

#2 Owner agrees to assume ALL EXPENSES incurred in connection with the following:

a. Collecting the rents

b. Liability involving Non-Homestead Taxes & Insurance for the property. Owners have been advised by their Tax Advisor.

c. Maintaining the exterior of the home including lawn maintenance and snow removal.

d. Owner understands that it is his/her responsibility to acquire a Rental license if required by the City where the property is located.

Initials _______   ________                                                                                                     Page 1 of 2

e. Owner understands that Landlords are required to notify Tenants that the Landlords & Tenants Rights & Responsibilities Handbook is available to them, MN Statute 504B. 181 subd.2(b) (1999).

f. Owner understands neither they nor the Broker may discriminate against a renter on the basis of race, creed, religion, color, sex, national origin, marital status, familial status, disability or status with respect to public assistance or sexual orientation.

g. The home shall be in “move-in” condition prior to tenant moving in. Any agreement involving furnishings shall be under a separate agreement. An INSPECTION Walk-through shall be performed with Owner, Broker and Tenant prior to tenant moving in to be held in a file and reviewed when Tenant moves out.

h. Owner agrees to disclose any hazardous condition in the home.

i. HOLD HARMLESS

     Owner agrees to indemnify and hold harmless Relocation Rentals and its Brokers/Agents against all costs, damages, attorney fees, expenses or liabilities Broker/Agent may incur or sustain in connection with any lawsuit arising from the Lease Agreement and will pay same on demand.

j. Owner shall be liable for and shall pay all legal costs, for any collections proceedings under this leasing contract.

Compensation to the Broker shall be

*$500 Sign-up Fee

*$150/mo Management Fee (if this option is chosen) See

MANAGEMENT AGREEMENT.

Payments can be mailed to RELOCATION RENTALS

                                              909 Oakgreen Ave N

                                              Stillwater MN 55082

Payment may also be wired to Relcoation Rentals, please contact us for the information.

OWNER(s)                                                 RELOCATION RENTALS

________________________________              ________________________
Name                                                
_____________________________________      ________________________

City, State, Zip
___________________                                   ___________________ 

Date                                                                    Date

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