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Please Read Concerning Agency Below...
Dutes of The Property Owner's Agent
A real estate agent that has contracted to manage property for the owner acts as a general agent to the owner and has a fiduciary duty of loyalty to the owner. In practical terms, the owner has hired the agent to manage their property, and that agent is by law, responsible to all the most favorable terms, and benefits.
Although the owners agent has this fiduciary duty to the owner, that agent is, by law, responsible to all prospective renter's ( Leesee's ) to treat them with honesty, fair dealings and with good faith. An owner's agent under a contracted agreement with the owner acts as the agent for the owner only.
An owner's agent in the management of rental property has the following affirirmative obligations: To the owner, A duty to exercise reasonable integrity, honesty, and loyalty in dealing with the owner;
( a )To the renter, a duty to excerise reasonable care, skill and diligence in performance of the agent's duties.
( b ) A duty of honesty and fair dealings with good faith
( c ) A duty to disclose all facts known to the agent which materially affect the property that are known to, or within the diligent attention and observation of,the parties.
We have provided in links policies, exhibits, and other important information to give clarity in the tenant landlord relationship. We hope to serve you in your best expectations with reqard to the lease and exhibits to the lease.
Thank you for your residency.