Real Estate Principles 73-78

AN INCENTIVE BONUS PAID UPON SUCCESSFULLY COMPLETING OR HITTING CERTAIN BENCHMARKS, OR RECEIVED AS COMPENSATION ON THE OCCURRENCE OF AN EVENT

A NON REQUIRED PROFESSIONAL DESIGNATION CERTIFYING AN INDIVIDUAL HAS MET LEGISLATED EDUCATIONAL REQUIREMENTS SPECIFIC TO MANAGING COMMON INTEREST DEVELOPMENTS

AN ACCOUNT SEPARATE AND APART AND PHYSICALLY SEGREGATED FROM A BROKER ZONE FUNDS, IN WHICH THE BROKER IS REQUIRED BY LAW TO DEPOSIT ALL FUNDS RECEIVED FOR CLIENTS

A PROPERTY MANAGEMENT STANDARD REFLECTING ON THE EXPECTATIONS OF A WELL-INFORMED INVESTOR FOR EFFICIENT AND EFFECTIVE MANAGEMENT OF RENTAL INCOME AND EXPENSES

A REPORT FROM A TITLE COMPANY PROVIDING INFORMATION ABOUT A PROPERTIES OWNERSHIP, ENCUMBRANCES, USE RESTRICTIONS AND COMPARABLE SALES DATA

THE INTANGIBLE IMAGE OR OPINION HELD ABOUT A PROPERTY WHICH AFFECTS ITS EARNING POWER

ITEMS WHICH HAVE OR EVIDENCE MONETARY VALUE HELD BY BROKER FOR A CLIENT WHEN ACTING REAL ESTATE TRANSACTION

A FLAT, ONE TIME FEE CHARGED BY A PROPERTY MANAGER FOR THE TIME AND EFFORT TAKEN TO BECOME SUFFICIENTLY FAMILIAR WITH THE OPERATIONS OF THE PROPERTY TO COMMENCE MANAGEMENT

THE MARKET ENVIRONMENT IN WHICH LANDLORD SEEK TENANTS AND TENANCY LANDLORDS FOR THE OCCUPANCY OF PROPERTY. THE RENTAL MARKET SETS THE AMOUNT OF RENT A PROPERTY WILL COMMAND ON ANY GIVEN DAY

A DOCUMENT PREPARED BY PROSPECTIVE TENANT WHICH INCLUDES A PROVISION AUTHORIZING THE INVESTIGATION AND RECEIPT OF INFORMATION ON THE APPLICANTS CREDIT WORTHINESS

AN ATTACHMENT TO A CONTRACT RENTAL OR LEASE AGREEMENT FOR INCORPORATING ANY PROVISION AGREED TO BUT NOT INCLUDED IN THE BOILERPLATE PROVISIONS OF THE AGREEMENT

AN ADDENDUM TO RENTAL OR LEASE AGREEMENT SETTING THE ADDITIONAL SECURITY DEPOSIT AND INSURANCE COVERAGE THE TENANT WILL PROVIDE THE LANDLORD TO KEEP A WATERBED ON THE PREMISES

THE FUTURE INTEREST A PERSON RETAINS ON THE GRAND OF PROPERTY WHICH REVERTS TO THE PERSON ON THE OCCURRENCE OF AN EVENT

THE DEGREE OF CERTAINTY EXPECTED FROM A REASONABLE PERSON

A PROVISION IN AN AGREEMENT PERMITTING THE PREVAILING PARTY TO A DISPUTE TO RECEIVE ATTORNEY FEES WHEN LITIGATION ARISES DUE TO THE AGREEMENT

A CLAUSE IN A LEASE AGREEMENT WHICH BINDS THOSE WHO LATER TAKE THE POSITION OF LANDLORD OR TENANT TO THE EXISTING AGREEMENT

A CLAUSE WHICH SETS THE STATE LAW APPLICABLE IN THE EVENT OF A DISPUTE

REAL ESTATE TAX IS IMPOSED ON PROPERTY BASED ON ITS ASSESSED VALUE

A COMMERCIAL LEASE SPECIFYING THAT THE TENANT PAYS FOR THE UTILITIES AND JANITORIAL FEES, BUT UNLESS MODIFIED IS NOT REASONABLE FOR ANY OTHER CARE, MAINTENANCE OR CARRYING COSTS OF THE PROPERTY

A COMMERCIAL LEASE SPECIFYING THAT THE LANDLORD RETAINS THE RESPONSIBILITY FOR PAYMENT OF ALL COSTS OF CARE AND MAINTENANCE, UNLESS MODIFIED, INCLUDING THE TENANTS UTILITIES AND JANITORIAL SERVICES

A COMMERCIAL LEASE WHICH TRANSFERS TO THE TENANT THE OBLIGATION UNLESS MODIFIED, TO PAY ALL OF THE COSTS OF OWNERSHIP IN ADDITION TO UTILITIES AND JANITORIAL SERVICES

A COMMERCIAL LEASE WHICH PASSES THE RESPONSIBILITY FOR ALL COST OF MAINTENANCE OF THE PROPERTY TO THE TENANT

A COMMERCIAL LEASE IN WICHITA ASSUMES ABSOLUTELY ALL THE OBLIGATIONS OF OWNERSHIP

WRITTEN NOTICE SERVED ON THE TENANT NOTING CHANGES IN THE TERM OR CONDITIONS OF A MONTH-TO-MONTH RENTAL AGREEMENT

ATTENDANCE NOTICE TO THE LANDLORD SIGNIFYING THEIR INTENT TO VACATE THE LEASED PROPERTY

A SOURCE OF FUNDS TO PAY TENANT OBLIGATIONS OWED THE LANDLORD ON THE TENANTS DEFAULT IN THE RENTAL OR LEASE AGREEMENT

AN INSPECTION CONDUCTED BY A RESIDENTIAL LANDLORD OR THE PROPERTY MANAGER TO ADVISE A TENANT OF THE REPAIRS THE TENANT NEEDS TO PERFORM TO AVOID DEDUCTIONS FROM THEIR SECURITY DEPOSIT

A DOCUMENT OR RESIDENTIAL LANDLORD PRESENTS TO VACATING TENANT SPECIFYING ANY REPAIRS OR CLEANING TO BE COMPLETED BY THE TENANT TO AVOID DEDUCTIONS FROM THE SECURITY DEPOSIT

AN INSPECTION OF THE PREMISES CONDUCTED BY THE LANDLORDS WITHIN 21 DAYS AFTER A RESIDENTIAL TENANT VACATES THE PROPERTY