Rentals Landlords & Tenants

Rentals

Landlords & Tenants

Listing a home for rent is similar to listing a home for sale. You need the

same information for your presentation.

- Marketing Techniques

- CMA – Pricing Information

- Listing Paperwork

The differences on a rental transaction boils down to the role you play. As a

REALTOR® with Arizona Premier Realty we allow our agents to list rental

homes in order to secure the commission. You are not acting as the property

manager, therefore your duties end once the tenant occupies the property.

The landlord has the option of hiring a property manager or managing the

property themselves. There are a few items you need to make your landlords

aware of in the state of Arizona to be a legitimate.

- Rental Classification – Tax Assessor

- City Laws – Obtaining a business license if necessary

A landlord may not be up to date with landlord tenant laws. These can be

referenced on the Arizona Secretary of State website…

www.azsos.gov

Listing a Home for Rent

http://www.azsos.gov/

City Privilege Tax Rates…

Anthem ** 2.0%

Avondale 2.5%

Buckeye 2.0%

Carefree 3.0%

Cave Creek 3.0%

El Mirage 3.0%

Gilbert 1.5%

Glendale 2.2%

Goodyear 2.5%

Laveen 2.0%

Litchfield Park 2.8%

Maricopa 2.0%

Mesa 1.75%

Paradise Valley 1.65%

Peoria 1.8%

Phoenix 2.0%

Queen Creek 2.25%

Scottsdale 1.65%

Surprise 2.2%

Tempe 2.0%

Tolleson 2.0%

Youngtown 2.0%

Updated 04/2013

AFFIDAVIT OF LEGAL CLASS CORRECTIONIf a parcel of property is used as a rental unit and

Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Initials>1 LEASE OWNER LEASE OWNERApril 2013

OWNER’S RESPONSIBILITIES AND STATUTORY REQUIREMENTS

1

Residential Rentals are required to comply with the Arizona Residential Landlord/Tenant Act:http://www.azhousing.gov/azcms/uploads/PUBLICATIONS/Landlord%20Tenant%20Act%20-12-31-12.pdf

identified by the county assessor as a class threeproperty pursuant to A.R.S. § 42-12003, the owner must notifythe assessor of the rental use of the property or be subject to acivil penalty prescribed by A.R.S. § 42-12052. The lease owner

2 NOTIFICATION OF ARIZONA RESIDENTIAL RENTALPROPERTYPursuant to A.R.S. § 33-1902(B), an out-of-state

owner of residential rental property must designate and recordwith the county assessor a statutory agent who lives in thisstate and who will accept legal service on behalf of the owner. A person who fails to comply with any provision of this sectionshall be assessed a civil penalty of $1,000, plus an additional $100 for each month after the date of the original violation

5 TRANSACTION PRIVILEGE TAX Transaction Privilege Tax (TPT) is charged by somecities on the owner’s rental income. This TPT, or

rental tax, is the responsibility of the lease owner but may becollected from the tenant with the rent if permitted by thelease agreement. The tax is filed by the lease owner or the

city. After the city or state receives the owner’s application, a

the applicable sales tax could result in a penalty or fine by the

Tax go to:

The Lease Owner’s Advisory is a resourceprovided by the Arizona Association of REALTORS®

must also register with the assessor in the county where theproperty is located in the manner set forth in A.R.S. § 33-1902(A). http://mcassessor.maricopa.gov/assessor/PDF/RentalRegistrationNoticeRequirements.pdf

until compliance occurs. NOTE: If the owner is required to register the rental propertywith the county assessor and fails to do so, the city or townmay impose a civil penalty payable to the city or town in theamount of $150 per day for each day of violation, and the city or town may impose enhanced inspections and enforcementmeasures on the property. http://mcassessor.maricopa.gov/assessor/Residential_Property_Form.aspx

3 BUSINESS LICENSESome cities require the owner to have a separatebusiness license prior to engaging in any type of

business activity. It is the owner’s responsibility to apply for and pay any fees associated with obtaining this license. If theproperty is being professionally managed, the lease ownershould discuss this topic with their property manager.www.azdor.gov/Business/LicensingGuide.aspx

4 FOREIGN LEASE OWNERS RESIDING OUTSIDE OFTHE UNITED STATESForeign lease owners must secure an Individual

Taxpayer Identification Number (ITIN). Unless the foreign leaseowner files a Form W-8ECI with their property managementcompany, the property manager must withhold 30% of thegross rental proceeds for the property owned by the foreign lease owner. It is strongly recommended that foreign leaseowners retain the services of a CPA and/or IRS CertifiedAcceptance Agent to ensure compliance with applicable IRSrules and regulations. www.irs.gov/pub/irs-pdf/fw8eci.pdf

property management company on either a monthly orquarterly basis. The filing period is determined by theapplicable city and the tax rate is anywhere from 1.5% - 3% ofthe monthly rent. In addition, some cities collect their ownprivilege taxes; others choose the Arizona Department ofRevenue to collect the taxes for them. In some cases, it is theowner’s responsibility to apply for this license if the propertymanagement company does not have a master license for that

license will be issued and mailed to the owner. Failure to pay

city or town. For more information on the Transaction Privilegewww.azdor.gov/Business/

TransactionPrivilegeTax.aspx.

AZ Premier

RESIDENTIAL LEASE AGREEMENTOwners should protect themselves by taking the time



COMMON DOCUMENTS AND DISCLOSURES

1to read the residential lease agreement and

understand their legal rights and obligations before they enterinto a lease agreement. A sample Arizona Association ofREALTORS® (AAR) lease agreement can be found at

6 MOVE-IN/MOVE-OUT INSPECTIONUpon move in, a lease owner must furnish the tenantwith a move-in form upon which the tenant can

specify any existing damage to the property, along with awritten notification to the tenant that the tenant may bepresent at the move-out inspection. Upon request by the

www.aaronline.com/wp-content/uploads/2013/02/SAMPLE-Residential-Lease-Agreement.pdf

4 DISCLOSURESThe owner must disclose in writing all material(important) facts regarding the property, including all

physical, environmental, and other conditions that affect theproperty and any violations of applicable building, zoning, fire,health, and safety codes. Failure to make legally required

responsible for verifying the accuracy of the items on the

uploads/2012/12/sample-residential-lease-owner.pdf

5 HOMEOWNERS ASSOCIATION (HOA) GOVERNINGDOCUMENTSIf CC&Rs are recorded against the property, it is

essential that the owner review and agree to any restrictionsprior to leasing a property. See

. The Arizona Department of Real Estate (ADRE)advises: “Read the deed restrictions, also called CC&Rs(covenants, conditions and restrictions). You might find someof the CC&Rs are very strict.”RealEstateResearchTopics.aspx#LINK11

tenant, the lease owner shall notify the tenant when the move-out inspection will occur. A.R.S. §33-1321(C). Lease owners should keep a copy of the completed move-in form for theirrecords and may also want to take photographs of theproperty at the time of move-in to document its condition. Asample of AAR’s Move-in/Move-out Condition Checklist can beviewed at

.

2 LEAD-BASED PAINT DISCLOSURE FORMIf the home was built prior to 1978, the lease ownermust provide the tenant with a lead-based paint

disclosure form. Information about lead-based paint may beobtained at www.azre.gov/PublicInfo/RealEstateResearchTopics.aspx#LINK12 or www.epa.gov/lead/ .

3 PROPERTY MANAGEMENT AGREEMENTLease owners electing to retain the services of a property manager should secure the retention by way

of a written property management agreement that complieswith the requirements set forth in A.R.S. §32-2173. A samplecopy of AAR’s Property Management Agreement can found at: www.aaronline.com/wp-content/uploads/2012/12/sample-property-management-agreement-form.pdf .

disclosures may result in civil liability. Changes in any disclosures previously made must be promptlyconveyed.Although no specific form is required, the Residential LeaseOwner’s Property Disclosure Statement (RLOPDS) can assist alease owner in complying with their disclosure obligations.By way of this form, the lease owner answers a variety ofquestions about the property and its condition. Oncecompleted, a copy of the disclosure form is given toprospective tenants. The property manager/broker is not

RLOPDS so it is important for the lease owner to accuratelycomplete this form to the best of their knowledge. A sampleRLOPDS can be found at: www.aaronline.com/wp-content/

.

www.realtor.com/BASICS/condos/ccr.asp

www.azre.gov/PublicInfo/.

In addition to CC&Rs, HOAs may be governed by Articles ofIncorporation, Bylaws, Rules and Regulations, and oftenarchitectural control standards. Read and understand thesedocuments. Also, be aware that some HOAs may impose feesand require the lease owner to register the tenant. If a leaseowner has questions about their rights and remedies regardinghomeowners associations or community associations,additional information can be found at: www.azre.gov/PublicInfo/RealEstateResearchTopics.aspx#LINK11 or Chapters16 and 18 of the Arizona Revised Statutes - Title 33www.azleg.state.az.us/ArizonaRevisedStatutes.asp?Title=33 .

www.aaronline.com/wp-content/uploads/2012/12/sample-movein-moveout-checklist.pdf .

7 SWIMMING POOLS & SPASEach city and county has its own swimming poolbarrier ordinance and a lease owner should

investigate and comply with all applicable state, county andmunicipal pool regulations. Pool barrier contact informationfor Arizona cities and counties may be found at:www.aaronline.com/documents/pool_contacts.aspx. TheArizona Department of Health Services Private Pool Safetynotice may be found at: http://azdhs.gov/phs/oeh/pool_rules.htm The state law on swimming pools is located at: www.azleg.state.az.us/ars/36/01681.htm .

Upon move in, a lease owner must furnish the tenant with asigned copy of the lease. A.R.S. §33-1321(C).

AZ Premier

NOTICE Unless otherwise agreed, all notices shall be sent



LEASE OWNER’S RIGHTS AND OBLIGATIONS

1registered or certified mail, or personally delivered.

A.R.S. §33-1313.

7 TERMINATION OF THE LEASE Unless the parties desire for the lease agreement tocontinue, written notice of intent not to renew the

lease agreement shall be issued pursuant to the terms of thelease. If the lease continues on a month-to-month basis,absent prior written agreement, either the lease owner or the

3 QUALIFYING THE TENANTThe lease owner is encouraged to screen prospectivetenants in a variety of different ways, including credit,

criminal history, employment and rental history. A sample ofAAR’s Application for Occupancy can be found at:

the tenant pursuant to A.R.S §33-1321(G). The lease owner can

tenant may terminate by providing 30-days written notice prior to the periodic rental date (i.e. the date on which rent isdue) per A.R.S. §33-1375(B). A holdover tenant is someone who stays in the leased

2 FAIR HOUSING & DISABILITY LAWSThe Fair Housing Act prohibits discrimination in the

custodians, pregnant women, and people securing custody of

portal.hud.gov/portal/page/portal/HUD/program_offices/fair_housing_equal_opp . For information on the Americans

http://

prepaid rent, in an amount in excess of one and one-halfmonth’s rent. However, a tenant is not prohibited from

in advance.During the term of the lease the lease owner or lease owner’sagent should hold the security deposit for the tenant. At the end of the lease all refundable deposits shall be refunded to

subtract unpaid rent or repair costs from the security deposit.

is entitled to receive an itemized list of any/all security deposit

tenant. A.R.S §33-1321(D).

notice, the lease owner has five days to make any repairs thatmaterially affect the health and safety of the tenant(s) and 10

A.R.S. §33-1324(C), the lease owner and tenant may agree inwriting, supported by adequate consideration, that the

premises and perform specified repairs.

8 FORECLOSUREThe lease owner shall not allow the property to become the subject of a trustee's sale and doing so

may place the lease owner in breach of the lease agreementand subject them to civil liability. A failure by the lease ownerto pay the mortgage does not eliminate the tenant’s

sale, rental, and financing of dwellings based on race,color, national origin, religion, sex, familial status (includingchildren under the age of 18 living with parents or legal

children under the age of 18), and handicap (disability). VisitHUD’s Fair Housing/Equal Opportunity website at

with Disabilities Act, visit www.usdoj.gov/crt/ada/adahom1.htm and www.azag.gov/complaints#civilrights .

www.aaronline.com/wp-content/uploads/2013/01/SAMPLE_ApplicantForOccupancy.pdf .

4 DEPOSITS & FEESThe lease agreement should specify which deposits/fees are refundable and which are not. A lease owner

is not permitted to demand or receive security, including

voluntarily paying more than one and one-half month’s rent

Within 14 business days after termination of the tenancy,delivery of possession and demand by the tenant, the tenant

deductions together with the amount due and payable to the

5 REPAIRS & PROPERTY CONDITIONPursuant to Arizona law, the lease owner is generallyresponsible for ensuring that all “electrical,

plumbing, sanitary, heating, ventilating, air-conditioning and other facilities and appliances, including elevators, supplied orrequired supplied by him” be in good and safe working orderand condition. A.R.S. §33-1324. It is the lease owner’s

responsibility to make sure that necessary repairs are madeto keep the property in a fit and livable condition. Following

days to make any other requested repairs. NOTE: Pursuant to

tenant will perform the lease owner’s duties to maintain a fit

6 ACCESS TO THE PROPERTY BY LEASE OWNER OR LEASE OWNER’S REPRESENTATIVEUnless the tenant requests repairs in writing, the

lease owner must give the tenant at least two days notice toenter the property during reasonable hours to make repairs,conduct inspections, have services completed or exhibit theproperty to prospective purchasers and tenants. The leaseowner has the right to immediately enter the property in theevent of an emergency or by court order. A.R.S. §33-1343.

property after the express term of the lease has expired. Thelease owner can choose to evict a holdover tenant or allowthe tenant to continue living in the property on a month-to-month basis under the terms and conditions of the leaseagreement.

obligation to pay rent.

9 INSURANCELease owners are encouraged to contact theirproperty insurance carrier prior to leasing to discuss

appropriate coverage. www.id.state.az.us/

AZ Premier

INFORMATION ABOUT ARIZONA GOVERNMENT Links to state agencies, city and county websites:



ADDITIONAL RESOURCES

www.azre.gov/InfoFor/

www.az.gov

ARIZONA DEPARTMENT OF REAL ESTATEConsumer Information:Consumers.aspx

ARIZONA ASSOCIATION OF REALTORS® Find a REALTOR®: www.aaronline.com/

ENVIRONMENTAL CONCERNSFor information on indoor environmental concerns,the EPA has a host of resource materials andpamphlets available at www.epa.gov/iaq/pubs/index.html .

SECTION 8 HOUSINGInformation regarding Section 8 programs available through the Arizona Public Housing Authority can befound at:www.azhousing.gov/ShowPage.aspx?ID=187&CID=11 or www.findsection8housing.com/ .

DRUG LABSUntil remediation has been completed in the manner set forth in A.R.S.§ 12-1000(E), meth labs and otherdangerous drug labs are prohibited from being rentedor leased. A list of unremediated properties can befound at: www.azbtr.gov/listings/drug_lab_site_clean_up.asp .

AZ Premier



TOP 10 QUESTIONS YOU SHOULD ASK WHEN CONSIDERING HAVING YOUR

prospective tenants in a variety of different ways. You will

Does the property manager possess an Arizona real

Generally speaking, individuals acting as residential

broker's knowledge and consent.

1.

.

PROPERTY PROFESSIONALLY MANAGED

estate license as required by Arizona law? http://services.azre.gov/publicdatabase/SearchIndividuals.aspx

leasing agents or on-site managers of residential rentalproperty, who are performing residential leasing activitieson residential income property at more than one locationduring the period of the agents' or on-site managers' regularworkday, are required to maintain an Arizona real estatelicense. A.R.S. § 32-2121.

2. Does the brokerage with whom the property manager isaffiliated permit its agents to engage in propertymanagement services?

Not all brokerages permit agents to engage in property management services and an agent should notperform property management activity without their

3. Does the brokerage with whom the property manager isaffiliated maintain a property management trust account, and if so, is the account held with an FDIC insuredinstitution?

Arizona statute requires that all propertymanagement accounts be designated as trust accounts andthat a broker's trust account is required for all of theowner's monies, except if the owner directs the broker todeposit the monies into the owner's account. A.R.S. § 32-2174.

4. Does the brokerage with whom the property manager isaffiliated utilize a written property management agreement that complies with the requirements set forthin A.R.S. § 32-2173?

Arizona statute mandates the material terms and

http://azleg.state.az.us/FormatDocument.asp?inDoc=/ars/32/02173.htm&Title=32&DocType=ARS .

conditions that are to be set forth in all propertymanagement agreements. A.R.S. § 32-2173.

5. Does the property manager maintain written tenantscreening criteria that meet with your approval?www.aaronline.com/wp-content/uploads/2013/01/SAMPLE_ApplicantForOccupancy.pdf .

Property managers screen prospective tenants in a variety of different ways, including credit, criminal history,employment and rental history. You will want to ensure thatyour property manager screens applicants in a manner youdeem sufficient.

6. How often and by what method does the property managerpay you and what account reconciliation methods are utilizedby the property manager?

Terms of this nature should be set forth in detail in yourwritten property management agreement and should meet withyour approval.

7. Does the property manager maintain a written plan tomarket the property to potential tenants, and if so, does thatplan meet with your approval?

Property managers market rental properties to

therefore want to ensure that your property manager has a planin place to secure tenants and that the plan meets with yourapproval.

8. Does the property manager maintain a written plan foraddressing repairs and what level of approval/supervision, ifany, do you maintain over the manner in which repairs aremade?

You and the property manager should agree in writingto what degree the property manger will assist you in theemployment and supervision of contractors. The parties should further agree in writing whether you have the right to pre-approve expenditures in excess of an agreed upon sum of money.

9. How does the property manager handle repairs in excess of$1,000, and if the property manager hires contractors to address those repairs, are the contractors licensed by theArizona Registrar of Contractors?

Generally speaking, Arizona statute requires that anyperson engaging in any work or operation on one undertaking orproject by one or more contracts, for which the aggregate contract price, including labor, materials and all other items (butexcluding any electrical fixture or appliance that was designed bythe manufacturer, that is unaltered) is $1,000 or more, hold anArizona contractor's license. A.R.S. § 32-1121.

10. Under what circumstances are you permitted to terminatethe property management agreement?

Property management agreements must specify abeginning and ending date and contain cancellation provisions that are agreeable to both parties. If the property managementagreement contains an automatic renewal provision, theproperty management firm must send the lease owner areminder notice at least 30-days before the renewal date. A.R.S.§ 32-2173.

AZ Premier


6

Lease owner acknowledges receipt of all six pages

LEASE OWNER’S ACKNOWLEDGMENT

Lease Owner's AdvisoryA Resource for

Real Estate ConsumersProvided by the

of this advisory. Lease owner furtheracknowledges that there may be other disclosureissues of concern not listed in this advisory. Leaseowner is responsible for making all necessaryinquiries and consulting the appropriate personsor entities prior to the leasing of any property.

The information in this advisory is provided withthe understanding that it is not intended as legalor other professional services or advice. Thesematerials have been prepared for generalinformational purposes only. The information andlinks contained herein may not be updated orrevised for accuracy. If you have any additionalquestions or need advice, please contact yourown lawyer or other professional representative.

LEASE OWNER SIGNATURE DATE

LEASE OWNER SIGNATURE DATE

AZ Premier

Rental Listing Paperwork

- Exclusive Right to Sell/Rent Agreement – ER Agreement

- Class 2 Form – MLS Input Form

- Agency Disclosure

- Rental Lead Base Paint Disclosure (Built Prior to 1978)

- Rental Seller Property Disclosure Statement (Optional)

- Pool Safety Notice

- Remedial Map

- Surprise Zoning Map

Most of the paperwork is the same as a residential listing. The ER

Agreement is filled out with rental information rather than the sale side.

***Note – You can list one home for rent or for sale at the same time.***

Type ER EXCLUSIVE RIGHT TO SELL/RENT LISTING CONTRACT LEGAL LANGUAGE

THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. NO REPRESENTATION IS MADE AS TO THE LEGAL OR TAX

CONSEQUENCES OF THIS CONTRACT. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT YOUR ATTORNEY OR TAX

ADVISOR.

1. EXCLUSIVE RIGHT TO SELL AND/OR RENT. In consideration of the acceptance by the undersigned licensed Arizona real

estate broker (“Broker”) of the terms of this Listing Contract and Broker’s promise to endeavor to effect a;

sale, rental, sale and/or rental, of the property described below ("Premises"), I or we, as owner(s) ("Owner"), employ and

grant Broker the exclusive and irrevocable right commencing on , and,

expiring at 11:59 p.m. , to sell, rent, exchange, or option the Premises described,

in Paragraph 3.

NOTE: Owner acknowledges that signing more than one Exclusive Right to Sell/Rent or other form of listing contract for the

2. PRICE. The listing price shall be: Sale $ Rental $ per month , plus (in

the case of a rental) all applicable lease or rental (transaction privilege) taxes, to be paid as described in the Owner’s Profile

Sheet (“Data Entry Form”), or such other price and terms as are accepted by Owner.

3. THE PREMISES.

a. Location Information.

Street Address City/Town County

Legal Description Assessor #

b. Fixtures and Personal Property. Except as excluded in Section 3(c) below, any sale or rental of the Premises shall include

all existing fixtures on the Premises, any existing personal property specified in Section 3(c) below, and all of the following

items of personal property, to the extent located on the Premises:

free standing range/oven

built in appliances

light fixtures

ceiling fans

towel, curtain/drapery rods

draperies/other window coverings

attached floor coverings

pool/spa equipment (including all

mechanical and cleaning systems)

flush-mounted speakers

attached fireplace equipment

window/door screens, sun screens

storm windows and doors

shutters and awnings

garage door opener(s) and control(s)

attached media antennas/satellite dishes

security and/or fire systems and/or alarms

central vacuum hoses, and attachments

landscaping, fountains and lighting

water-misting systems

solar systems

pellet, wood-burning or gas-log stoves

timers

mailbox

storage sheds

water softeners

water purification system

c. Appliances and Additional Existing Personal Property. The Premises shall include the following appliances which are

presently located in or upon the Premises: Refrigerator Washer Dryer

Other

Additional items of personal property included in sale:

Fixtures and leased items NOT included in sale:

4. ACCESS AND LOCKBOX. Owner acknowledges that a lockbox and any other keys left with or available to Broker will permit

access to the Premises by Broker or any other broker, with or without potential purchasers or tenants (“Prospects”), even when

Owner or occupant is absent. Owner further acknowledges that, from time to time, unauthorized persons may have gained

access to properties using lockboxes. Owner acknowledges that neither the Arizona Regional Multiple Listing Service (“ARMLS”),

nor any Board or Association of REALTORS®, nor any broker (including Broker), is insuring Owner or occupant against theft, loss

or vandalism resulting from any such access. Owner is responsible for taking such steps as may be necessary to secure and

protect the Premises during any time that a lockbox is being used and obtaining appropriate insurance.

Copyright© February 2013 by Arizona Regional Multiple Listing Service, Inc. Owner’s Initials

For Broker’s office use only:

Broker’s File/Lot No. Date:

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Phone: Fax:


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For Use with Data Entry Forms 1, 2, 3

52 (Owner’s Initials). Owner does / does not authorize Broker to install and use, on the Premises, a lockbox53 containing the key to the Premises. If the Premises is occupied by someone other than Owner, Owner will provide to the

same term could expose the Owner to liability for additional commissions.

XBeginning Date

Ending Date 6m -year

Monthly Rent

Property Street Address City (Phoenix) Zip Code Maricopa

Per tax records include lot # Refer to tax records aka APN

X

623.594.7680 623.594.7682AZ Premier

AZ Premier Realty Homes & Land 7200 W. Bell Rd # I - 400 Glendale, AZ 85308Mandy Neat

5. AGENCY RELATIONSHIPS. Owner understands that Broker is Owner’s agent with respect to this Listing. Owner understands

COMMISSIONS. If Broker produces a ready, willing and able purchaser or tenant in accordance with this Listing Contract, or

if a sale, rental, option or exchange of the Premises is made by Owner or through any other broker, or otherwise, during the

exclusive term of this Listing Contract, Owner agrees to pay Broker a commission of:

Broker the occupant’s written permission for the installation of the lockbox and the publication and dissemination of the

occupant’s name and telephone number.

6. COMPENSATION TO BROKER. Owner agrees to compensate Broker as follows:

a. RETAINER. Broker acknowledges receipt of a non-refundable retainer fee of $ payable to Broker for initial

consultation, research and other services.

For a: Sale: Rental:

of the Purchase/Lease Price or a commission of a substantially similar allocable amount if the transaction is structured as

other than a purchase or sale.

With respect to any holdovers or renewals of rental, regardless of whether this Listing Contract has expired, Owner agrees

to pay a commission of

The same amount of sale or rental commission shall be due and payable to Broker if, without the consent of Broker, the

Premises is withdrawn from this Listing Contract, otherwise withdrawn from sale or rental, or is rented, transferred, or

conveyed by Owner through any other broker or otherwise.

b.

c. COOPERATION WITH AND COMPENSATION TO OTHER BROKERS. With regard to this Listing Contract, Broker intends

to cooperate with all other brokers except when not in Owner’s best interest:

and, in the case of a purchase, to offer compensation in the amount of % of the gross purchase price or

$ to a buyer’s broker, who represents the interest of the buyer(s), and not the interest of Owner in a

transaction;

or, in the case of a lease, to offer compensation in the amount of % of the gross lease price as calculated for

to a tenant’s broker, who represents the interest of the tenant(s), and not the interest of Owner in a

Furthermore, Broker may offer referral compensation to a referring broker who has no broker relationship with the

buyer/tenant or Owner. If not specified above, Owner authorizes Broker to share all such compensation with other brokers

d. PAYMENT FROM ESCROW OR RENT. Owner instructs the escrow company, if any, to pay all such compensation to

Broker in cash or certified funds as a condition to closing or upon cancellation of the escrow, and irrevocably assigns to

Broker, to the extent necessary, money payable to Owner at the closing or cancellation of escrow. Broker is authorized to

deduct compensation from any rent or other monies received on behalf of Owner.

e. PURCHASE BY TENANT. If during the terms of any rental of the Premises, including any renewals or holdovers, or within

days after its termination, any tenant, or his heirs, executors, or assigns shall buy the Premises from Owner, the

sale commission described in Paragraph 6(b) shall be deemed earned by and payable to Broker.

f. AFTER EXPIRATION. After the expiration of this Listing Contract, the same commissions, as appropriate, shall be payable if

a sale, rental, exchange, or option is made by Owner to any person to whom the Premises has been shown or with whom

Owner or any broker has negotiated concerning the Premises during the term of this Listing Contract, (1) within

days after the expiration of this Listing Contract, unless the Premises has been listed on an exclusive basis with

another broker, or (2) during the pendency, including the closing, of any purchase contract or escrow relating to the

Premises that was executed or opened during the term of this Listing Contract, or (3) as contemplated by Paragraph 6(e).

g. FAILURE TO COMPLETE. If completion of a sale or rental is prevented by default of Owner, or with the consent of Owner,

the entire sale or rental commission, as appropriate, shall be paid to Broker by Owner. If any earnest deposit is forfeited for

any other reason, Owner shall pay a brokerage fee equal to the lesser of one-half of the earnest deposit or the full amount of

the commission.

h. CONSTRUCTION. Listing Contract shall be construed as limiting applicable provisions of law relating to when commissions

are earned or payable. In the event of any express disagreement between any provision of this Listing Contract and the




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that Broker, either acting directly or through one or more licensees within the same brokerage firm, may represent a Prospect

interested in the purchase or rental of the Premises. Owner authorizes the Premises to be shown to any such Prospect and

understands that Broker may legally represent both Owner and Prospect in a transaction with the knowledge and informed

consent of both parties.62636465666768

transaction.

$

in any manner acceptable to Broker.

87

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83 the entire term of the initial lease, or

AZ Premier

6% of gross lease

X 3.000

30

90

7. LISTING BROKER OBLIGATIONS AND AUTHORITY. Broker agrees to make diligent and continued efforts to sell/lease the

Premises.

a. Owner authorizes Broker to place appropriate transaction signs on the Premises, including “For Sale” signs and “Sold” signs

OR “For Lease” and “Leased” signs.

(Owner opt-out) (Check one if applicable)

(ii) Display the Listing on the Internet except the street address of the Premises shall not be displayed on the Internet.

(i) Owner does not authorize Broker to display the Listing on the Internet.

Owner understands and acknowledges that if Owner selects option (ii), consumers who conduct searches for listings on the

Internet will not see information about the listed Premises in response to their search.

e.

referred to as Virtual Office Websites (“VOW”). An automated estimate of market value or reviews and comments about a

Premises may be displayed in conjunction with a Premises on some VOWs. Anyone who registers on a Virtual Office

Website may gain access to such automated valuations or comments and reviews about any Premises displayed on a VOW.

Unless limited below, a VOW may display automated valuations or comments/reviews (blogs) about this Premises.

(Owner opt-out) (Check if applicable)

(i) Owner does not authorize an automated estimate of the market value of the Premises (or hyperlink to such

estimate) to be displayed in immediate conjunction with any listing information relating to Premises.

(ii) Owner does not authorize third parties to write online comments or reviews about the Premises or the listing of the

Premises (or display a hyperlink to such comments or reviews) in immediate conjunction with any listing

information relating to the Premises.

f. Broker reserves the right to cancel this Listing Contract unilaterally for cause, which shall include, but is not limited to,

8. ROLE OF BROKER. Owner acknowledges that Broker is not responsible for the custody or condition of the Premises or for its

management (except under separate contract), maintenance, upkeep or repair.

9. DOCUMENTS. In connection with any sale or rental of the Premises, Owner consents to the use of the standard form of purchase

or rental contract used by Broker and all other standard documents used by Broker and the escrow and title companies.

10. REALTOR® STATUS. This agent is a REALTOR® member of the

Association/Board of REALTORS® and subscribes to the REALTOR® Code of Ethics. This agent is not a member of any

REALTOR® Association/Board, but as a Subscriber to the Arizona Regional Multiple Listing Service, Inc., has agreed to abide

by the Standards of Conduct of MLS Subscribers.

11. OWNER OBLIGATIONS. In consideration of Broker’s obligations, Owner agrees to:

a. Cooperate with Broker in carrying out the purpose of this Listing Contract, including referring immediately to Broker all

b. Provide Broker with keys to the Premises and make the Premises available for Broker to show during reasonable times.

c. Inform Broker prior to leasing, mortgaging or otherwise encumbering the Premises.

d. Inform Broker of any past due HOA, tax or other Premises related fees. During the term of this Listing Contract, Owner

agrees to continue disclosing to Broker all additional information of the type required by the preceding sentence promptly

after Owner becomes aware of any such information.

e. Complete and return to Broker a Seller Property Disclosure Statement (“SPDS”) form if the premises is to be sold,




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terms of applicable law, the applicable provision of this Listing Contract shall be deemed as modified to the minimum extent

necessary to ensure compliance with applicable law.


b. Owner authorizes Broker to obtain information relating to the present mortgage(s) on the Premises.

c. Owner authorizes Broker to provide the information on the Listing/Data Entry Form, and any photographs of the Premises, to

ARMLS for publishing and dissemination, in whole or in part, in printed or electronic form, including via the Internet, to

ARMLS participants and the general public, even after the cancellation or expiration of the Listing. Broker is authorized to

report the sale, exchange, option or rental of the Premises, and its price, terms and financing, for dissemination through

ARMLS or otherwise to authorized ARMLS participants and to the public and for use by companies engaged in selling

information for various purposes, including but not limited to, appraisals or evaluations of tax assessments.

d. Owner authorizes Broker to market the Premises as Broker deems advisable, including marketing the Premises on the

inquiries regarding the Premises’ transfer, whether by purchase or any means of transfer.

164165166167

responsibility, in whole or part, for the preparation of the SPDS form nor any disclosures required in the Arizona

Residential Landlord and Tenant Act.

Internet unless limited in (7)(d)(i) or (7)(d)(ii) below.

Virtual Office Websites: Some real estate brokerages offer real estate brokerage services online. These websites are

Broker's good faith belief that any service requested of Broker or any action undertaken by anyone other than Broker is (or

could be determined to be) in violation of any applicable law.

and/or any disclosures required by the Arizona Residential Landlord and Tenant Act if the premises is to be

leased. These disclosures are designed to disclose pertinent property information. Broker shall have no

X WeMAR

AZ Premier

g. Provide a Disclosure of Lead-Based Paint and Lead-Based Paint Hazards as required by the U.S. Department of

h. Deliver a completed Affidavit of Disclosure in the form required by law to a buyer within (5) days after purchase contract

12. INSURANCE. Owner acknowledges that Owner’s or occupant’s property could be damaged or stolen or persons visiting the

Premises could be injured. Owner shall be responsible for obtaining appropriate insurance to cover such possible events.

13. GENERAL WARRANTIES BY OWNER. Owner represents and warrants:

a. CAPACITY. Owner has the legal capacity, full power and authority to enter into this Listing Contract, deliver marketable

title to the Premises and consummate the transactions contemplated hereby on Owner’s own behalf or on behalf of the

party Owner represents, as appropriate.

b. ADVERSE INFORMATION. Owner has disclosed to Broker all material latent defects and information concerning the

Premises known to Owner, including all material information relating to: connection to a public sewer system, septic tank or

other sanitation system; the existence of any tax, judgment or other type of lien; past or present infestation by or treatment

for wood-destroying pests or organisms; and past or present repair of the Premises for damage resulting from wood-

destroying pests or organisms. During the term of this Listing Contract, Owner agrees to continue disclosing to Broker all

additional information of the type required by the preceding sentence promptly after Owner becomes aware of any such

information by updating SPDS or other written notice.

c. CORRECT INFORMATION. All information concerning the Premises in this Listing Contract, including the Data Entry Form

relating to the Premises, or otherwise provided by Owner to Broker or to any Prospect is, or will be at the time provided,

and shall be at close of escrow or occupancy by a tenant, true, correct and complete. Owner agrees to notify Broker

promptly if there is any material change in such information until the latest to occur of the expiration of this Listing Contract,

any close of escrow or occupancy by a tenant.

d. USE OF LISTING CONTENT; INTELLECTUAL PROPERTY LICENSE. Unless Owner delivers to Broker a written

certification, expressly prohibiting the dissemination to a multiple listing service of the listing and any listing information

relating to the Premises, Owner acknowledges and agrees that all photographs, images, graphics, video recordings, virtual

tours, drawings, written descriptions, remarks, narratives, pricing information, and other copyrightable elements relating to

the Premises provided by Owner to Broker or Broker’s agent (the “Owner Listing Content”), or otherwise obtained or

produced by Broker or Broker’s agent in connection with this Listing Contract (the “Broker Listing Content”), and any

changes to the Owner Listing Content or the Broker Listing Content, may be filed with one or more multiple listing services,

included in compilations of listings, and otherwise distributed, publicly displayed and reproduced, subject to the limitations

listed in Section 7 of this Listing Contract. Owner hereby grants to Broker a non-exclusive, irrevocable, worldwide, royalty

free license to use, sublicense through multiple tiers, publish, display, and reproduce the Owner Listing Content, to prepare

derivative works of the Owner Listing Content, and to distribute the Owner Listing Content or any derivative works thereof,

subject to the limitations listed in Section 7 of this Listing Contract. This non-exclusive license shall survive the termination

of this Listing Contract for any reason whatever. Owner represents and warrants to Broker that the Owner Listing Content,

and the license granted to Broker for the Owner Listing Content, do not violate or infringe upon the rights, including any

copyright rights, or any person or entity. Owner acknowledges and agrees that as between Owner and Broker, all Broker

Listing Content is owned exclusively by Broker, and Owner has no right, title or interest in or to any Broker Listing Content.

14. UTILITIES. During the term of this Listing Contract, Owner shall maintain continuous service to the Premises of all utilities which

are currently connected to the Premises.

15. RELIEF OF LIABILITY. Broker is hereby relieved of any and all liability and responsibility for everything stated in Paragraphs

11.e, 11.f, 11.g, 12, and 13.

16. INDEMNIFICATION. Owner agrees to indemnify and hold Broker, all Boards or Associations of REALTORS®, ARMLS and all

other brokers harmless against any and all claims, expenses, liabilities, damages and losses arising from (i) any

misrepresentation, breach of warranty or breach of a promise by Owner in this Listing Contract, (ii) any incorrect information

supplied by Owner, (iii) any facts concerning the Premises not disclosed by Owner, including any facts known to Owner relating

17. OTHER OWNERS AND PROSPECTS. Owner understands that other owners may make offers to sell or rent or may sell, rent,

exchange or option properties similar to the Premises through Broker. Owner consents to any agency representation by Broker




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Housing and Urban Development, if any Premises structure was built before 1978.

acceptance, if the Premises is located in an unincorporated area of the county, and five or fewer parcels of property other

than subdivided property are being transferred.

to adverse conditions or latent defects, (iv) the use of a lockbox, or (v) any injury or damage to persons or property in connection

with the marketing or showing of the Premises. This indemnification shall survive Broker’s performance and any transfer of title.

227228

of such other owners before, during and after the expiration of this Listing Contract and understands that the Premises probably

will not be presented or shown to every Prospect encountered by Broker.

168 f. If applicable, sign and deliver to the escrow company a certificate indicating whether Owner is a foreign person or non-169 resident alien pursuant to the Foreign Investment in Real Property Tax Act (FIRPTA).

AZ Premier

18. ATTORNEYS’ FEES. In any action or proceeding to enforce any provision of this Listing Contract, or for damages sustained by

19. DEPOSITS. Owner authorizes brokers to accept earnest deposits on behalf of Owner and to issue receipts for such earnest

deposits.

20. RECOMMENDATIONS. If Broker recommends a builder, contractor, escrow company, title company, pest control service,

appraiser, lender, home inspection company or home warranty company or any other person or entity to Owner for any purpose,

such recommendation shall be independently investigated and evaluated by Owner, who hereby acknowledges that any

decision to enter into any contractual arrangement with any such person or entity recommended by Broker will be based solely

upon such independent investigation and evaluation.

21. SUBSEQUENT PURCHASE OR LEASE OFFERS. Broker acknowledges that Owner has the right to accept subsequent offers

until the close of escrow in the case of a sale or until occupancy by a tenant in the case of a rental. Owner understands that any

subsequent offers accepted by Owner must be backup offers, namely, contingent on the cancellation or other nullification of any

contracts arising from the acceptance of earlier offers. Broker will change or maintain the correct MLS Listing status in

accordance to the ARMLS Rules and Regulations and any associated policies.

(Check if applicable) Accept backup offers. Withhold verbal offers. Withhold all offers once Owner accepts a

purchase or lease contract for the Premises.

22. EQUAL HOUSING OPPORTUNITY. The Premises will be presented in compliance with federal, state and local fair housing

23. TIME OF ESSENCE. Time is of the essence in the performance of the obligations contained in this Listing Contract.

24. COUNTERPARTS AND ELECTRONIC COPIES. This Listing Contract may be executed in any number of counterparts by the

parties hereto. All counterparts so executed shall constitute one Listing Contract binding upon all parties hereto, notwithstanding

that all parties do not sign the same counterpart. Any legible electronic copy of the Listing Contract which indicates that the

Listing Contract was fully executed shall be treated as an original Listing Contract.

25. CONSTRUCTION OF LANGUAGE AND GOVERNING LAW. The language of this Listing Contract shall be construed

according to its fair meaning and not strictly for or against either party. Words used in the masculine, feminine or neuter shall

apply to either gender or the neuter, as appropriate. All singular and plural words shall be interpreted to refer to the number

consistent with circumstances and context. Whenever the words “include”, “includes” or “including” are used in this Listing

Contract, they shall be deemed to be followed by the words “without limitation”. If this Listing Contract is used for a rental,

exchange, or option instead of a sale of the Premises, all language in this Listing Contract relating to the sale of Premises shall

be construed to apply as appropriate, to a rental, exchange, or option. For example, Owner shall be deemed to be Exchanger,

Optionor, or Landlord respectively. This Listing Contract shall be governed by the laws of the State of Arizona.

26. TAXES AND REGISTRATION. Owner acknowledges that a rental property must be registered with the County Assessor’s

Office and may be subject to a tax on gross receipts and a special rental classification for property taxes. Owner agrees to

obtain appropriate licenses and pay fees and taxes when due. Owner agrees to indemnify and hold Broker harmless for any

such tax liability, including penalties and interest.

27. ADDITIONAL TERMS.




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laws and regulations.

283

reason of its breach, the prevailing party shall be entitled to receive from the other party reasonable attorneys’ fees, as set by

the court or arbitrator and not by a jury, and all other related expenses, such as expert witness fees, fees paid to investigators

and court costs. Additionally, if any broker hires an attorney to enforce the collection of any commission payable pursuant to this

Listing Contract, and is successful in collecting some or all of such commission without commencing any action or proceeding,

Owner agrees to pay such broker’s reasonable attorneys’ fees and costs and Owner also agrees to pay interest at the legal rate

on all compensation and other amounts owed or due to broker from the time due until paid in full.

X

Anything that supersedes pre-printed language...

Example: In the event tenant does not have representation and no other REALTOR/Agent is

involved, commission will be reduced to a total of 5% of the gross lease. (example of

variable commission)

AZ Premier

Additional addendum/addenda attached.

28. ENTIRE AGREEMENT. This Listing Contract including the Data Entry Sheet, plus any attached exhibits and any addenda or

supplements signed by Owner and Broker, shall constitute the entire agreement between Owner and Broker and supersede any

other written or oral agreements between Owner and Broker. It is the intention of the parties that this Listing Contract shall be a

legally binding contract once it has been signed by Owner and Broker even though none, or only some, of the pages have been

initialed by Owner. This Listing Contract can be modified only by a writing signed by Owner and Broker.

THE TERMS AND CONDITIONS IN THIS LISTING CONTRACT PLUS ALL INFORMATION ON THE DATA ENTRY FORM

ARE INCORPORATED HEREIN BY REFERENCE. COMMISSIONS PAYABLE FOR THE SALE, RENTAL OR MANAGEMENT

OF PREMISES ARE NOT SET BY ANY BOARD OR ASSOCIATION OF REALTORS® OR MULTIPLE LISTING CONTRACT

SERVICE OR IN ANY MANNER OTHER THAN BY NEGOTIATION BETWEEN THE BROKER AND THE OWNER. BY

SIGNING BELOW, OWNER ACKNOWLEDGES THAT HE HAS READ, UNDERSTANDS AND ACCEPTS ALL TERMS AND

PROVISIONS CONTAINED HEREIN AND THAT HE HAS RECEIVED A COPY OF THIS LISTING CONTRACT.

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290291292293294295296297298299300301

Copyright© February 2013 by Arizona Regional Multiple Listing Service, Inc. For Use with Data Entry Forms 1, 2, 3


Broker’s File/Lot No. Broker/Manager Initials Date:

6 of 6


302303

Print Name of Owner Print Name of Owner304305306

Street City/Town State Zip307308309

Phone Fax Owner’s email Address310311312

Mo/Da/Yr Owner’s Signature Mo/Da/YrOwner’s Signature313314315 ADDITIONAL OWNER(S) (If applicable)316317318 Print Name of Owner Print Name of Owner

319320321 Street City/Town State Zip

322323324 Phone Fax Owner’s email Address

325326327 Mo/Da/Yr Owner’s Signature Mo/Da/YrOwner’s Signature

328329 Additional Owner information attached.330331332333334335336337338339

In consideration of Owner’s representations and promises in this Listing Contract, Broker agrees to endeavor to effect a sale, rental,

exchange, or option in accordance with this Listing Contract.

Firm Name (Broker) Preferred Phone

By:

Date (Mo/Da/Yr) Agent’s EmailAgent’s Signature

Fax

Agent Name (Printed)

Arizona Premier Realty Homes & Land Your Cell Phone

Your Name Your Email

AZ Premier

Residential Rental Input Form: ARMLS

General Information

Required Field Field with a list*

Type*

Hundred Block Hndrd Blk Directionl*:

City/Town Code* Zip Code* Zip4

County Code* Bldg Number

Copyright © 2014 by Arizona Regional Multiple Listing Service, Inc. REV. DATE (12/16/2013)

Listing Member

Lease Price/ HiSeason List Date

Expire Date

Subagents* Comp to Subagent

Buyer/Broker* Comp to Buyer Broker

Variable Commission*

Co-listing Member

Assessor Parcel Ltr

Other Compensation

Marketing Name

Year Built

Elementary School* Jr. High School*

High School Dist #* Out of Area Schl Dst

High School*

Elem School Dist #*

Page 1 of 6

Address Information

State/Province*

Contract Information

Sub Agent $/%*

Buyer Broker $/%*

Location & Legal

Subdivision

General Property Description

Remarks & Misc

Seller Opt Out: Seller Directs Listing to be Excluded from Internet Seller Directs Address to be Excluded from Internet Seller Directs Listing to Not Be Used in

AVMs on Internet Seller Directs Listing to Not Allow Comments on Internet

Publish this listing to: IDX AZ Central/HomeFinder.com Realtor.COM

Owners Initials:

Date Available

Comp For Sale

Renewal Comp

Owner Name - DND2

Horses* Model Builder Name

Planned Comm NamePool*

Dwelling Type* # Bedrooms # Bathrooms

Approx SQFT Source of SqFt* Approx SqFt Range*

Guest House SqFt Encoded Features

House Number Compass* Street Name St Suffix* St Dir Sfx*

Assessor's Parcel #

Map Code/Grid Assessor's Book #: Assessor's Map #:

Cross Street

Directions

Public Remarks

Private Rmks - DND2

Semi-Private Remarks

Office Remarks

Tax Municipality*

Unit #

Homes.com

Country*

Vacation Rental Y/N* Mthly Rate Lo Season

Marketing End Date

Dwelling Styles* Exterior Stories # of InteriorLevels

Approx Lot SqFt Source Apx Lot SqFt*

Apx Lot Size Range*

Phone: Fax:


Your Name

AZ Zip Code

Beginning Date Ending Date 6m -year

Major Cross RoadsUsing compass directions is the best option

Description of property:Example - Open split floor plan featuring upgraded coriancounters, maple cabinetry, and 20" tile throughout home. Kitchen boasts a large pantry, gas range,and built in overhead microwave.

Information for the other REALTOR... Example - Application fee is $35 per adult,application is located under document tab. Agency disclosure and company W-9 must be provided withapplication. Rental price does not include monthly privilege tax rate.


623.594.7680 623.594.7682AZ Premier


Owners Initials:


Township:

Range:

Section:

Lot Number:

Cnty Rcrd Bk & Pg #:

Legal Info

Block:

Additional Bedroom

Plat:

Special Listing Cond: 1 to 4 req'd

Age Restricted Owner/Agent

Also for Sale N/A

# Kings:

# Queens:

# Full:

# Twins:

# Bunks:

# Singles:

# Sleeper Sofa Beds:

Earnest Deposit:

Security Deposit:

Credit Check Amount:

Cleaning Deposit/Fee:

Pet Deposit/Fee:

Pre-Paid Lst Mth Rnt:

Rental Tax Percent:

HOA Name:

HOA Telephone:

Carpet Color:

# of Beds Furnished

Deposit Breakdown

Pets:

Rental Info

Contact Name - DND2:

Contact Phone - DND2:

Furnished?*:

Floor Number:

Ranch Territorial/Santa Fe

Spanish Contemporary

Santa Barbara/Tuscan Other (See Remarks)

2-3-4 Plex Clustered

String High Rise

3/4 Bath Master Bdrm Full Bth Master Bdrm

Separate Shwr & Tub Double Sinks

Private Toilet Room

Tubs with Jets

None

Architecture

Building Style

Master Bathroom: 1 to 11 req'd

Other Bedroom Split 2 Master Bdrms

Other Bdrm Dwnstrs Separate Bdrm Exit

Mstr Bdr Walkin Clst Other Bdr Walkin Clst

Mstr Bdrm Sitting Rm

1 Fireplace 2 Fireplace

3+ Fireplace Fireplace Family Rm

Fireplace Living Rm Fireplace Master Bdr

Two Way Fireplace Gas Fireplace

Freestnd Fireplace Exterior Fireplace

Firepit No Fireplace

Other (See Remarks)

Carpet Concrete

Laminate

SustainableStone

Linoleum

Wood

Vinyl

Pool - Private Fenced Pool

Diving Pool Heated Pool

Play Pool Lap Pool

Above Ground Pool

No Pool

Spa - Private Above Ground Spa

Spa - Heated None

Biking/Walking Path Children’s Playgrnd

Clubhouse/Rec Room Coin-Op Laundry

Fireplace: 1 to 13 req'd

Flooring

Other

Pool - Private: 1 to 11 req'd

Spa - Private: 1 to 4 req'd

Community Features

Community Laundry

Community Pool

Community Pool Htd Community Spa

Community Spa Htd Concierge

Gated Community Golf Course

Handball/Raquetball

Horse Facility

Near Bus Stop

Near Light Rail Stop On-Site Guard

Comm Tennis Court(s)

Transportation Svcs

Formal Eat-in Kitchen

Breakfast Room Dining in LR/GR

Dining in FR Breakfast Bar

Other (See Remarks)

Range/Oven Elec Range/Oven Gas

Cook Top Elec Cook Top Gas

Gas Stub for Range Disposal

Dishwasher Built-in Microwave

Refrigerator

Reverse Osmosis

Dining Area: 1 to 7 req'd

Kitchen Features: 1 to 20 req'd

Wall Oven(s)

Engy Star (See Rmks)

Pantry

Built In Recycling

Granite Countertops Non-laminate Counter

Kitchen Island None

Washer Included Dryer Included

Stacked Washer/Dryer

Wshr/Dry HookUp Only Inside Laundry

Laundry in Garage None

Other (See Remarks)

Family Room Great Room

Library-Blt-in Bkcse Bonus/Game Room

Arizona Room/Lanai Loft

Guest Qtrs-Sep Entrn Exercise/Sauna Room

Separate Workshop Media Room

Fix-Up Needs Repair Skylight(s)

Vaulted Ceiling(s) 9+ Flat Ceilings

Central Vacuum Wet Bar(s)

Intercom Roller Shields

Fire Sprinklers Elevator

Physcl Chlgd (SRmks) No Interior Steps

Water Softener Soft Water Loop

Drink Wtr Filter Sys Other (See Remarks)

Laundry: 1 to 9 req'd

Other Rooms

Basement Description

Walkout Finished

Unfinished Full

Partial

Features

Accessibility Feat.

Zero-Grade Entry Dr/Access 32in+ Wide

Hallways 36in+ Wide Hard/Low Nap Floors

Bath Roll-In Shower Bath Raised Toilet

Bath Grab Bars Bath Roll-Under Sink

Bath Lever Faucets

Ktch Apps Low/Secure Ktch Low Counters

Ktch Roll-Under Sink Ktch Modified Range

Ktch Low Cabinetry

Lever Handles

Tactile/Visual Mrkrs Closet Bars 15-48in

Ramps Stair Lifts

Remote Devices Exterior Curb Cuts

3+ Exist Tele Lines Pre-Wire Srnd Snd

Pre-Wire Sat Dish Sat Dish for TV

Sat Dish for Internet Cable TV Avail

HighSpd Intrnt Aval Ntwrk Wrng One Room

Ntwrk Wrng Multi Rms Security System

Separate Guest House Pvt Tennis Court(s)

Hand/Racquetball Cts Sport Court(s)

Patio Covered Patio(s)

Screened in Patio(s) Balcony/Deck(s)

Gazebo/Ramada Circular Drive

Storage Shed(s) Private Street(s)

Pvt Yrd(s)/Crtyrd(s) Misting System

Childrens Play Area Build-in BBQ

Other (See Remarks)

Technology

Smart Home System

Exterior Features

Tile

HOA Y/N:

Community Media Room

Guarded Entry

Historic District

Lake Subdivision

Workout Facility

Bath Scald Ctrl Fct

Ktch Insulated Pipes

Ktch Side Open Oven

Mltpl Entries/Exits

Bath 60in Trning Rad

Bath Insulated Pipes

Ktch 60in Trning Rad

Ktch Raised Dishwshr

Pool Ramp Entry Pool Power Lift

Residential Rental Input Form: ARMLS Required Field Field with a list* Page 2 of 6

HOA Paid By:

HOA Fee:

HOA Fee Paid (Freq):

Min Months Available:

Property Sleeps:

2 Master Baths

Bidet

Other (See Remarks)

Walk-in Shower

Master Bedroom

Split Upstairs

Downstairs Not Split

Windows

Sunscreen(s) Dual Pane

Energy Star Low-E

Mechanical Sun Shds

Triple Pane

Wood Frame

Tinted

Vinyl Frame

Solar Thermal Sys

Solar Pool Equipment

Variable Speed Pump

Multiple Ovens

Walk-in Pantry

Engy Star (See Rmks)

Basement: 1 req'd

Basement Y/N:

Separate Den/Office: 1 req'd

Sep Den/Office Y/N:

Wireless Network

BBQ

AZ Premier


Owners Initials:


Mfg Home Features Energy/Green Feature

Construction: 1 to 13 req'd

Landscaping: 1 to 19 req'd

Single Wide Multi-Wide

In Subdivision Affidavit Affixture

Other (See Remarks)

Parking Features

Block Frame - Wood

Frame - Metal Brick

Slump Block Adobe

Blown Cellulose

Painted Stucco

Brick Trim/Veneer Stone

Siding

Other (See Remarks)

To Be Built Under Construction

Complete Spec Home

Comp Shingle Built-Up

All Tile Partial Tile

Rock Shake

Concrete Foam

Rolled Metal

Other (See Remarks)

Refrigeration Evaporative

Both Refrig & Evap Window/Wall Unit

Electric Heat Gas Heat

Wall/Floor Heat No Heat

Other (See Remarks)

Const - Finish: 1 to 9 req'd

Construction Status

Roofing: 1 to 13 req'd

Cooling: 1 to 7 req'd

Heating: 1 to 5 req'd

Solar Hot Water Ceiling Fan(s)

Load Controller Multi-Zones

APS SRP

SW Gas City Electric

City Gas Oth Elec (See Rmrks)

Oth Gas (See Rmrks) Butane/Propane

Other (See Remarks)

City Water Pvt Water Company

Well - Pvtly Owned Well - Shared

Hauled

Sewer - Public Sewer - Private

Sewer - Available Sewer in & Cnctd

Septic Septic in & Cnctd

No Sewer/Septic Other (See Remarks)

City Services County Services

Other (See Remarks)

View/Wrought Iron Block

Wood Concrete Panel

Chain Link Wire (See Remarks)

Partial None

Other (See Remarks)

HERS Rating Y/N:

Energy Audit Gray Water System

Other (See Remarks)

Green/Energy Cert

Energy Star Cert LEED Certified

LEED Nghbrhood Dev Scotts Grn Bldg Prog

NAHB Green Program

Green/Engy Cert Year

Green/Engy Cert Year:

Utilities: 1 to 9 req'd

Water: 1 to 5 req'd

Sewer: 1 to 8 req'd

Services

Fencing: 1 to 9 req'd

Property Description

Corral Stall

Barn Tack Room

Arena Auto Water

Hot Walker Commercial Breed

Commercial Board Bridle Path Access

Other (See Remarks)

Dirt Front

Gravel/Stone Front

Desert Front

Natural Desert Front

Grass Front

Synthetic Grass Frnt

Yrd Wtring Sys Front

Auto Timer H2O Front

Irrigation Front

None

Dirt Back

Gravel/Stone Back

Desert Back

Natural Desert Back

Grass Back

Synthetic Grass Back

Yrd Wtring Sys Back

Auto Timer H2O Back

Irrigation Back

Horse Features

Show Instruct - DND2: 1 to 17 req'd

Property Access

Alarm Code - DND2:

Gate Code - DND2:

Mech-box Code - DND2:

All on One Level Two Levels

Three or More Levels No Common Walls

One Common Wall Two Common Walls

Three Common Walls Neighbor Above

Neighbor Below End Unit

Poolside Ground Level

Courtyard Facing Street Facing

Penthouse

King Queen

Double Twin

Rental Disc Avail Spr Fnd/WQARF/DOD

Agency Discl Req Special Asmnt Dist

None Other (See Remarks)

Drapes Blinds

Vertical Blinds Shutters

None

AAR Lease Listers

Owners Credit Rpt Listers

Listers ID - Stmnt Credit Rpt Other

Call Lister None

Unit Style

Master Bed Size

Disclosures: 1 to 6 req'd

Window Coverings: 1 to 5 req'd

Forms Required

Parking Spaces

Garage Spaces:

Carport Spaces:

Slab Parking Spaces:

Addtn'l Purchasable Assigned Parking

Attch’d Gar Cabinets Community Structure

Detached

Electric Door Opener Extnded Lngth Garage

Gated Parking Golf Cart Garage

Over Height Garage Permit/Decal Req'd

Rear Vehicle Entry RV Garage

RV Gate RV Parking

Separate Strge Area Side Vehicle Entry

Tandem Garage Temp Controlled

Unassigned Parking Valet

Border Pres/Pub Lnd Waterfront Lot

Golf Course Lot Hillside Lot

Cul-De-Sac Lot Corner Lot

Nat Reg Historic Hms City Light View(s)

Mountain View(s) North/South Exposure

Alley Street(s) Not Paved

Adjacent to Wash Borders Common Area

Alarm Activated Spcl Inst/Priv Rmrks

Call Occup (OCC)

Occupied Vacant

Lkbx - ARMLS Lkbx - Not ARMLS

SubAgent-Use Lkbx ByrBrkr-Use Lkbx

Tenants Rights


Dir Entry frm Garage

Other (See Remarks)

Panelized Constrctn

Spray Foam Insulatn

Insltd Concrete Form

Rammed Earth

Straw-bale

Low VOC Paint

EIFS Synthetic Stcco

No VOC Paint

Reflective Coating Sub Tile Ventilation

Other (See Remarks)Programmable Thmstat

HVAC SEER Rating:

Plumbing

Recirculation Pump Tankless Ht Wtr Heat

Dual Flush Toilet

Engy Star Ht Wtr Htr

Gas Hot Wtr – Tnklss

Propane Hot Wtr Htr

Reclaimed Water Sys

Water Sense Faucets

Electric Hot Wtr Htr

Gas Hot Water Heater

Low Flow Fixtures

Rainwater Captr Sys

Solar Hot Water Htr

Fresh Air Mechanical Solar Tubes

HERS Rating:

HERS Cert Date:

Indoor airPLUS Pkg

HPwES

Solar Panels

Grid:

KW:

Ownership:

Lister Perm Reqd

Co-List Perm Reqd

Contact via Email

Contact via Text

Notify Lister

Notify Co-Lister

Contact via Phone

Lockbox Location:

Lease Information: 1 to 23 req'd

Month to Month 3 Month Minimum

6 Month Minimum 12 Month Minimum

Lease Option

Lease Purchase First Rgt of Refusal

Inventory List Accept Back-ups

Special Avlbl (CLO)

Management - Broker

Management - Owner Gov't Assist Accepted

Smoking Allowed No Smoking Allowed

No Smoking Prefernce Waterbeds Allowed

Other (See Remarks)

Daily

Monthly

Lister Writes Lease

Weekly

Application Lister's

AZ Premier


Owners Initials:


Contact Info

Electric Gas

Water Sewer

Garbage Collection Phone - Local

Phone - Long Distance Linen

Dishes Maid Service

Repairs Cable TV

Sec System Monitoring Pool Service - Full

Pool Svc-Chem Only Gardening Service

Pest Control Svc Rental Tax

None Other (See Remarks)

Rent Includes

Owner Property Manager

Certified Funds Only

Immediate Refer to Date Availb

Other Possession

Security Deposit Cleaning Deposit

Pet Deposit None


Pet Deposit None


Pet Deposit None

Listing Broker Leasing Broker

Owner Csh/Cert Fnds Only

Deposit Held/Broker Deposit Held/Owner

Flat Fee Percent of Gross

Upon Occupancy Month to Month

Renewal Comm (CLO) Receipt of Ttl Funds

Other (CLO) Rent Payable

Possession (Rentals)

Fully Refundable Dep

Prtl Refundable Dep

Non-Refundable Dep

Earnest Dep Payable

Commission Paid

List Agt Primary Phn:

CoList Primary Phn:

Office Fax Number:

List Agent Home Phn:

List Agent Hme Phn 2:

List Agent Cell Phn:

List Agent Cell Phn 2:

List Agent Pager:

List Agent Pager 2:

List Agent Ofc Phn 2:


Utility Caps Apply Internet Access

AZ Premier


Owners Initials:


Room Information

Room Name† Length Width

†Room Name: Master Bedroom | Bedroom 2 | Bedroom 3 | Bedroom 4 | Bedroom 5 | Bedroom 6 | Bedroom 7 | Bedroom 8 | Den | Living Room | Dining Room | Family Room |Kitchen | Bonus/Game Room | Loft | Great Room | Media Room | Office | Separate Workshop | Library | Exercise/Sauna | AZ Room/Lanai | Breakfast Room | Guest HouseBedroom | Guest House Living Room | Other


AZ Premier



Residential Rental Input Form: ARMLS Page 6 of 6

Owner's Signature

The undersigned Owner acknowledges and reaffirms that this Profile Sheet is an integral part of the Listing Contract between Owner and Broker, that allinformation in the Profile Sheet is true, correct and complete, that the Owner will promptly notify Broker if there is any material change in suchinformation during the term of this Listing and that Owner will indemnify other persons for inaccuracies in such information as further provided in theListing Contract. If there is a conflict between the Listing Contract and this Profile Sheet, the terms of this Profile Sheet shall prevail. Owner agrees toindemnify and hold Broker, all Boards or Associations of REALTORS®, ARMLS and all other brokers harmless against any and all claims, liability,damage or loss arising from any misrepresentation or breach of warranty by Owner in this Listing, any incorrect information supplied by Owner and anyfacts concerning the Property not disclosed by Owner, including without limitation, any facts known to Owner relating to adverse conditions or latentdefects.

Owner Date

Owner Date

Listing Agent's/Broker's Signature

The undersigned Agent/Broker represents and warrants that the information in and manner of execution of this Profile Sheet and the related ListingContract comply in all respects with the Rules and Regulations of ARMLS and the Agent's/Broker's Board or Association of REALTORS®.

Listing Broker Date

AZ Premier

REAL ESTATE AGENCY DISCLOSURE AND ELECTIONThe pre-printed portion of this form has been drafted by the Arizona Association of REALTORS®. Any

change in the pre-printed language of this form must be made in a prominent manner. No

representations are made as to the legal validity, adequacy and/or effects of any provision, including

tax consequences thereof. If you desire legal, tax or other professional advice, please consult your

attorney, tax advisor or professional consultant.

Firm Name (“Broker”)

acting through

Document updated:

January 2009

1.

2.

Real Estate Agency Disclosure and Election • Updated: January 2009 • Copyright © 2009 Arizona Association of REALTORS®. All rights reserved.

Phone: Fax:


hereby makes the following disclosure.

LICENSEE’S NAME

DISCLOSURE

3. Before a Seller or Landlord (hereinafter referred to as “Seller”) or a Buyer or Tenant (hereinafter referred to as “Buyer”) enters into

4. a discussion with a real estate broker or licensee affiliated with a broker, the Seller and the Buyer should understand what type of agency

5. relationship or representation they will have with the broker in the transaction.

6. Buyer’s Broker: A broker other than the Seller’s broker can agree with the Buyer to act as the broker for the Buyer. In theseI.

7. situations, the Buyer’s broker is not representing the Seller, even if the Buyer’s broker is receiving compensation for services

8. rendered, either in full or in part, from the Seller or through the Seller’s broker:

9. A Buyer’s broker has the fiduciary duties of loyalty, obedience, disclosure, confidentiality, and accounting in dealings with the Buyer.a)

10. b) Other potential Buyers represented by broker may consider, make offers on, or acquire an interest in the same or similar

11. properties as Buyer is seeking.

12. II. Seller’s Broker: A broker under a listing agreement with the Seller acts as the broker for the Seller only:

13. a) A Seller’s broker has the fiduciary duties of loyalty, obedience, disclosure, confidentiality, and accounting in dealings with the Seller.

14. b) Other potential Sellers represented by broker may list properties that are similar to the property that Seller is selling.

15. III. Broker Representing both Seller and Buyer (Limited Representation): A broker, either acting directly or through one or more

16. licensees within the same brokerage firm, can legally represent both the Seller and the Buyer in a transaction, but only with the

17. knowledge and informed consent of both the Seller and the Buyer. In these situations, the Broker, acting through its licensee(s),

18. represents both the Buyer and the Seller, with limitations of the duties owed to the Buyer and the Seller:

19. a) The broker will not, without written authorization, disclose to the other party that the Seller will accept a price or terms other than

20. stated in the listing or that the Buyer will accept a price or terms other than offered.

21. b) There will be conflicts in the duties of loyalty, obedience, disclosure and confidentiality. Disclosure of confidential information may

22. be made only with written authorization.

23. Regardless of who the Broker represents in the transaction, the Broker shall exercise reasonable skill and care in the performance of the

24. Broker’s duties and shall be truthful and honest to both the Buyer and Seller and shall disclose all known facts which materially and adversely

25. affect the consideration to be paid by any party. Pursuant to A.R.S. §32-2156, Sellers, Lessors and Brokers are not obligated to disclose that

26. a property is or has been: (1) the site of a natural death, suicide, homicide, or any crime classified as a felony; (2) owned or occupied by a

27. person exposed to HIV, or diagnosed as having AIDS or any other disease not known to be transmitted through common occupancy of real

28. estate; or (3) located in the vicinity of a sex offender. Sellers or Sellers’ representatives may not treat the existence, terms, or conditions of

29. offers as confidential unless there is a confidentiality agreement between the parties.

30. THE DUTIES OF THE BROKER IN A REAL ESTATE TRANSACTION DO NOT RELIEVE THE SELLER OR THE BUYER FROM THE

31. RESPONSIBILITY TO PROTECT THEIR OWN INTERESTS. THE SELLER AND THE BUYER SHOULD CAREFULLY READ ALL

32. AGREEMENTS TO ENSURE THAT THE DOCUMENTS ADEQUATELY EXPRESS THEIR UNDERSTANDING OF THE TRANSACTION.

ELECTION

33. Buyer or Tenant Election (Complete this section only if you are the Buyer.) The undersigned elects to have the Broker (check any that apply):

34. represent the Buyer as Buyer’s Broker.

35. represent the Seller as Seller’s Broker.

36. show Buyer properties listed with Broker’s firm and Buyer agrees that Broker shall act as agent for both Buyer and Seller provided that

37. the Seller consents to limited representation. In the event of a purchase, Buyer’s and Seller’s informed consent should be

38. acknowledged in a separate writing other than the purchase contract.

39. Seller or Landlord Election (Complete this section only if you are the Seller.) The undersigned elects to have the Broker (check any that apply):



42. show Seller’s property to Buyers represented by Broker’s firm and Seller agrees that Broker shall act as agent for both Seller and

43. Buyer provided that Buyer consents to the limited representation. In the event of a purchase, Buyer’s and Seller’s informed consent

44. should be acknowledged in a separate writing other than the purchase contract.

45. The undersigned Buyer(s) or Seller(s) acknowledge that this document is a disclosure of duties. This document is not an employment agreement.

46. I/WE ACKNOWLEDGE RECEIPT OF A COPY OF THIS DISCLOSURE.

^ PRINT NAME

47.

^ PRINT NAME

48.

^ SIGNED MO/DA/YR ^ SIGNED MO/DA/YR

REAL SOLUTIONS. REALTOR® SUCCESS

AZ Premier Realty Homes & Land

Arizona Premier Realty Homes & Land

Your Name

XX

X


623.594.7680 623.594.7682AZ Premier

AND LEAD-BASED PAINT HAZARDS (RENTALS)The pre-printed portion of this form has been drafted by the Arizona Association of REALTORS®. Any





Premises Address:

Document updated:

January 2009

1.

Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards (Rentals) • Updated: January 2009 • Copyright © 2009 Arizona Association of REALTORS®. All rights reserved.

Phone: Fax:


^ LANDLORD'S SIGNATURE

^ PROPERTYMANAGER/LISTING AGENT'S SIGNATURE

DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT

2. Lead Warning Statement: Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health3. hazards if not taken care of properly. Lead exposure is especially harmful to young children and pregnant women. Lead poisoning in young children4. may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired5. memory. Before renting pre-1978 housing, landlords must disclose the presence of known lead-based paint and lead-based paint hazards in the6. dwelling. Tenants must also receive a federally-approved pamphlet on lead poisoning prevention.

LANDLORD’S DISCLOSURE (Landlord must complete and initial sections a, b and c below)

7. (a) Lead-based paint and/or lead-based paint hazards (check 1 or 2 below):8. 1. Landlord is aware that lead-based paint and/or lead-based paint hazards are present in the residence(s) and/or building(s)

included in this rental. (Explain)9.

10. 2. Landlord has no knowledge of any lead-based paint and/or lead-based paint hazards in the residence(s) and building(s)

11. included in this rental.12.

LANDLORD LANDLORD

(LANDLORD’S INITIALS REQUIRED)

13.

1. Landlord has provided the tenant with all available records and reports relating to lead-based paint and/or lead-based paint hazards in

(b) Records and reports available to the landlord (check 1 or 2 below):

14.

15. the residence(s) and building(s) included in this rental. (List documents)

16. 2. Landlord has no records or reports relating to lead-based paint and/or lead-based paint hazards in the residence(s) and

17. building(s) included in this rental.18. (LANDLORD’S INITIALS REQUIRED)

LANDLORD LANDLORD

19. Landlord acknowledges his obligation to disclose to any real estate agent(s) to whom the landlord directly or indirectly is to pay20. compensation with regard to the transaction contemplated by this disclosure any known lead-based paint or lead-based paint21. hazards in the premises to be rented, as well as the existence of any reports or records relating to lead-based paint or lead-based22. paint hazards in the premises to be rented. Landlord further acknowledges that this disclosure accurately reflects the entirety of23. the information provided by the landlord to the agent(s) with regard to lead-based paint, lead-based paint hazards, and lead-based

(c)

(LANDLORD’S INITIALS REQUIRED)

LANDLORD LANDLORD

TENANT’S ACKNOWLEDGMENT (Tenant must complete and initial sections a and b below)

25. (a) Tenant has read the information set forth above, and has received copies of the reports, records, or other materials referenced

27. (TENANT’S INITIALS REQUIRED)

TENANT TENANT28. (b) Tenant has received the pamphlet Protect Your Family From Lead in Your Home.

29. (TENANT’S INITIALS REQUIRED)

TENANT TENANT

AGENT’S ACKNOWLEDGMENT (Any real estate agent who is to receive compensation from the landlord or theproperty manager with regard to the transaction contemplated in this disclosure must initial below.)

30. The agent(s) whose initials appear below has (have) ensured the landlord’s compliance under the Residential Resale Lead-Based Paint31. Hazard Reduction Act of 1992 by the landlord’s use and completion of this disclosure form.

32. (AGENT’S INITIALS REQUIRED)

PROPERTY MANAGER/LISTING AGENT LEASING AGENT

33. By signing below, each signatory acknowledges that he or she has reviewed the above information, and certifies that, to the best of his or her34. knowledge, the information provided by the signatory is true and accurate.

MO/DA/YR

37.^ LEASING AGENT'S SIGNATURE MO/DA/YR

MO/DA/YR

36.

35.^ LANDLORD'S SIGNATURE MO/DA/YR ^ TENANT'S SIGNATURE MO/DA/YR

^ TENANT'S SIGNATURE MO/DA/YR

Page 1 of 2

24. paint risk-assessment or inspection reports and records.

26. above, if any.

CERTIFICATION OF ACCURACY

Page 1 of 2



Property Street Address, City (Phoenix), AZ Zip Code

Client Name per Pre Qual


623.594.7680 623.594.7682AZ Premier

Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards (Rentals) • Updated: January 2009 • Copyright © 2009 Arizona Association of REALTORS®. All rights reserved.

Information on Lead-Based Paint and Lead-Based Paint Hazards (Rentals) >>Page 2 of 2

Lead-Based Paint Disclosure:Tips for Rentals of Residential Properties — Steps for REALTORS® to follow

NOTE: The lead-based paint disclosure requirements apply to all real estate agents involved in the transaction except for tenant’s agents

receiving compensation from the tenant only. The following recommended steps are provided to help REALTORS® meet the law’s obligations in

a typical residential rental transaction.

1. When entering into an agreement to manage a property,the property manager/listing agent (hereinafter “propertymanager”) should determine if the property is “target housing”(generally, built before January 1,1978). This can generally beaccomplished by asking the landlord/owner (“the owner”). Ifthe owner doesn’t know, the property manager should consultproperty records.

5. The property manager should disclose to potential leasingagents that the listed property is target housing, probablythrough the MLS or other offerings to REALTORS®.

The property manager should also determine if the propertyfalls within an exemption from the lead-based paintdisclosure requirements. For example, if a certified inspectorhas determined that the property is free from lead-basedpaint and lead-based paint hazards, or if the lease is for lessthan 100 days with no opportunity for renewal or extension,the disclosure requirements will not apply. Even if anexemption applies, the property manager should have theowner complete and sign the disclosure form,acknowledging in writing the claimed basis for theexemption. If an exemption applies, the disclosure form neednot be given to potential tenants.

2. The lead-based paint disclosure requirements becameeffective for all “target housing” on December 6, 1996. Alltarget housing will require the following steps.

3. If the property is target housing, the property managermust advise the owner of certain obligations, namely thefollowing: 1) disclose to the tenant known lead-based paint orlead-based paint hazards; 2) provide the tenant any existingrecords, test results, reports, or other known lead-based paintinformation related to the presence of lead-based paint orlead-based paint hazards in the property, if any; 3) provide thetenant with the pamphlet Protect Your Family From Lead inYour Home (EPA approved lead-based paint hazardinformation pamphlet); and 4) include disclosure andacknowledgment language as part of the rental contract oraddenda. (NOTE: The law does not require that all interestedtenants must be informed, only the actual tenant.)

4. The property manager should have the owner complete,initial and sign the disclosure form. The property managershould obtain from the landlord any records, test results,reports, or other lead-based paint information related to thepresence of lead-based paint or lead-based paint hazards inorder to be ready to provide copies to a tenant making an offerto rent the property. The property manager should then initialand sign the form.


Page 2 of 2

6. The leasing agent (the agent working with the tenant whoexpects to be paid by the property manager or the owner —whether it be tenant’s agent, subagent, “facilitator,” orwhatever) also has an obligation to ensure the owner’scompliance. If the disclosure form has not been provided bythe property manager, the leasing agent should provide thedisclosure form to the property manager for the owner tocomplete and sign, or directly to the owner if no propertymanager is involved.

7. When the tenant is ready to make an offer on targethousing, the leasing agent should provide the tenant with acopy of the disclosure form signed by the owner and theproperty manager, together with related test results andrecords, if any, and a copy of Protect Your Family From Leadin Your Home. Ideally, these documents will be obtained bythe leasing agent from the property manager before the offeris signed by the tenant, but the signed disclosure form withattachments must be provided to the tenant before the offer torent is accepted by the owner.

8. The disclosure form must be initialed and signed by thetenant and the leasing agent, which should be done after theowner and the property manager have initialed and signed theform. (By initialing line 32 of the AAR Disclosure of Information onLead-Based Paint and Lead-Based Paint Hazards (Rentals) form,signing the Certification, and complying with the other termsof this AAR form, both the property manager and leasing agentwill have met their obligations under the law.)

AZ Premier

RESIDENTIAL LEASE OWNER ADVISORY

WHEN IN DOUBT - DISCLOSE!

August 2011

Residential lease owners have certainobligations pursuant to the Landlordand Tenant Act and other laws. Thereare also some very specific Owner disclosuresthat you are required by statute to make. Forexample, Owners are required to discloseinformation on lead based paint in homes builtprior to 1978 and Owners must provide a stateapproved Pool Safety Notice if the propertyincludes a pool or spa.

If the tenant asks you about an aspect of theproperty, you should disclose the information,regardless of whether or not you consider theinformation material. However, an Owner doesnot generally have a legal obligation to correctdefects in the property, as long as the defect:(1) does not render the property uninhabitable;(2) does not pose a real or potential threat tothe tenant's health or safety; and (3) as long asthe existing defects are disclosed. Anycorrection of the defects is a matter of contractnegotiation between you and the tenant.

(1) Ownership and Property: This section asks for general informationabout the property, such as location, ownership and occupancy.Any Owner, whether or not that Owner has actually lived in theproperty, should be able to answer most, if not all, of the questionsin this section.

The Arizona Association of REALTORS®Residential Lease Owner's Property DisclosureStatement is designed to assist you in makingthese disclosures and to avoid inadvertentnondisclosures of material facts.

You should complete this form by answeringall questions as truthfully and as thoroughlyas possible. You may use the blank lines toexplain any answers. If you do not have thepersonal knowledge to answer a question, it isimportant not to guess—use the blank lines toexplain the situation.

The form is divided into five general sections:

(2) Building and Safety Information: This section asks for informationregarding the physical aspects of the property. You should discloseany present problems with the property. You are also askedspecifically to disclose any knowledge of scorpions or other possible"pests" have ever been present on the property. Although manyOwners will answer affirmatively to these questions, full disclosureis the best way to avoid complaints.

(3) Utilities: You are asked whether the property currently receives thelisted utilities, and if so, to identify the provider. The water sourceand any known information about drinking water problems shouldalso be disclosed.

(4) Environmental Information: A variety of environmental informationis requested. In addition to questions regarding environmentalhazards, you are asked to disclose any issues relating to soilsettlement/expansion, drainage/grade, or erosion; noise from thesurrounding area including airport and traffic noise; and any odorsor other nuisances. As a result of recent lawsuits and potentialhealth concerns, you are asked specifically if you are aware of anypast or present mold growth on the property. Mold spores areeverywhere and when mold spores drop in places where there iswater damage or excessive moisture, or where there has beenflooding, mold will grow. Thus, you are asked to disclose anyconditions conducive to mold growth, such as past or presentdampness/moisture, flooding, and water damage or water leaks ofany kind.

(5) Additional Information: These blank lines provide space for you toprovide any other important information concerning the property.

Please note: By law, Owners are not obligated to disclose that theproperty is or has been: (1) the site of a natural death, suicide,homicide, or any other crime classified as a felony; (2) owned oroccupied by a person exposed to HIV, or diagnosed as having AIDS orany other disease not known to be transmitted through commonoccupancy of real estate; or (3) located in the vicinity of a sex offender.However, the law does not protect an Owner who makes an intentionalmisrepresentation. For example, if you are asked whether there hasbeen a death on the property and you know that there was such adeath, you should not answer "no" or "I don't know"; instead you shouldeither answer truthfully or respond that you are not legally required toanswer the question.

Residential Lease Owner Advisory • August 2011

Copyright© 2011 Arizona Association of REALTORS®. All rights reserved.

Phone: Fax:


REAL SOLUTIONS. REALTOR® SUCCESS.

AZ Premier Realty Homes & Land 7200 W. Bell Rd # I - 400 Glendale, AZ 85308623.594.7680 623.594.7682 Mandy Neat AZ Premier

DISCLOSURE STATEMENT August 2011

Page 1 of 4RESIDENTIAL LEASE OWNER'S PROPERTYO

(To be completed by Owner)

MESSAGE TO THE OWNER:

The form is designed to assist you in making disclosures to the Tenant. If you know something important about the Property that is

not addressed on the form, add that information to the form. Prospective Tenants may rely on the information you provide.

INSTRUCTIONS: (1) Complete this form yourself. (2) Answer all questions truthfully and as fully as possible. (3) Attach all available

supporting documentation. (4) Use explanation lines as necessary. (5) If you do not have the personal knowledge to answer a

question, use the explanation lines to explain. By signing below you acknowledge that the failure to disclose known material

information about the Property may result in liability.

MESSAGE TO THE TENANT:

There are likely facts about the Property that the Owners do not know. Therefore, it is important that you take an active role in

obtaining information about the Property. For more information on obtaining this information see the Buyer Advisory at

http://www.aaronline.com/documents/buy_advis.pdf

INSTRUCTIONS: (1) Review this form and any attachments carefully. (2) Verify all important information. (3) Ask about any

incomplete or inadequate responses. (4) Inquire about any concerns not addressed on the form. (5) Review all other applicable

documents, such as CC&R's, and association rules and regulations. (6) Conduct inspections of the Property. (7) Investigate the

surrounding area.

OWNERSHIP AND PROPERTY

THE FOLLOWING ARE REPRESENTATIONS OF THE OWNER(S) AND ARE NOT VERIFIED BY THE BROKER(S) OR AGENT(S).

REAL SOLUTIONS. REALTOR® SUCCESS.

The pre-printed portion of this form has been drafted by the Arizona Association of REALTORS®.

Any change in the pre-printed language of this form must be made in a prominent manner.

No representations are made as to the legal validity, adequacy and/or effects of any provision,

including tax consequences thereof. If you desire legal, tax or other professional advice, please

consult your attorney, tax advisor or professional consultant.

As used herein, "Property" shall mean the real property and all fixtures and improvements thereon and appurtenances incidental1.thereto, plus fixtures and personal property described in the Lease.2.

3. LEGAL OWNER(S) OF PROPERTY:

4. PROPERTY ADDRESS:(STREET ADDRESS) (CITY) (STATE) (ZIP)

5. Is the property located in a community defined by the fair housing laws as housing for older persons? Yes No

6. Explain:

7. Approximate year built: . If Property was built prior to 1978, Owner must furnish the Tenant with a lead-based

8. paint disclosure form.

9. Are you current on: Mortgage Yes No Property tax Yes No HOA fees Yes No

10.

YES NO

Are you aware if there are any association(s) governing this Property?

11. If yes, provide contact(s) information: Name:

Phone #:12. Address:

13. If yes, are there any fees related to leasing the home? Explain

14. Are you aware of any public or private use paths or roadways on or across this Property?

15. Explain:

16. Are you aware of any violation(s) of any of the following? (If yes, check all that apply):

17. Zoning Building Codes Utility Service Sanitary health regulations

18. Covenants, Conditions, Restrictions (CC&R’s) Other

19. Are you aware of any parking restrictions? If yes, please explain:

20.

21. How many parking spots are available for tenants?

>>

Residential Lease Owner’s Property Disclosure Statement

• Copyright © 2011 Arizona Association of REALTORS®.

All rights reserved.Initials>

TENANT TENANTPage 1 of 4

August 2011

Phone: Fax:


Property Street Address City (Phoenix) AZ Zip Code

AZ Premier Realty Homes & Land 7200 W. Bell Rd # I - 400 Glendale, AZ 85308 623.594.7680 623.594.7682AZ PremierMandy Neat

O

23.

YES NO

Roof leaks/problems? Explain:

Flood

>>





August 2011

Residential Lease Owner’s Property Disclosure Statement >> Page 2 of 4

BUILDING AND SAFETY INFORMATION

STRUCTURAL:

ARE YOU AWARE OF ANY PRESENT:22.

24. Interior wall/ceiling/door/window/floor problems? Explain:

25. Cracks or settling involving the foundation, exterior walls or slab? Explain:

26. Chimney or fireplace problems, if applicable? Explain:

27. Damage to any structure on the Property by any of the following? (Check all that apply):

28. Fire Water Hail Other

29. Explain:

HEATING, COOLING AND PLUMBING/SYSTEMS:

30. Heating: Type(s)

YES NO

31. Are you aware of any present problems with the heating or cooling system(s)?

Cooling: Type(s)

Explain:32.

33. Are there any special instructions/filters/service requirements?

34. Explain:

35. Are you aware of any present plumbing problems?

36. Explain:

37. Are you aware of any present water pressure problems?

38. Explain:

39. Type of water heater(s): Gas Electric Solar Approx. age(s)

40. Are you aware of any present water heater problems?

Explain:41.

42. Is the entire Property connected to a sewer? (If yes, skip to line 47)

43. Is the Property served by an On-Site Wastewater Treatment Facility? (If no, skip to line 47)

44. If yes, the Facility is: Conventional septic system Alternative system Type:

45. If the Facility is an alternative system, is it currently being serviced under a maintenance contract?

46. If yes, name of contractor: Phone #:

47. Does the Property contain any of the following systems?

48. landscape watering: If yes, type: auto timer manual both

water treatment: If yes, check all that apply:49. water filtration reverse osmosis water softener Other

sump pump50.

51. Are you aware of any present problems or special instructions with any of the systems mentioned above?

52. Explain:

53.

SWIMMING POOL/SPA/HOT TUB/SAUNA/WATER FEATURE:

YES NO

54. Does the Property contain any of the following? (Check all that apply):

Swimming pool55. Spa Hot tub Sauna Water feature

56. If yes, are either of the following heated? Swimming pool Spa

57. If yes, type of heat:

58. Would the swimming pool comply with the applicable swimming pool enclosure/barrier requirements if children reside in

59.

60.

or regularly visit the Property?

Note: Owner must furnish Tenant with a Residential Pool Safety Notice prepared by the Arizona Department

61. of Health Services.

62.

63.

Are you aware of any present problems or special instructions relating to the swimming pool, spa, hot tub, sauna

or water feature? Explain:


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Explain:

Security system:


ELECTRICAL SYSTEMS:

YES NO

64. Are you aware of any present problems with the electrical system?

65. Does the Property contain any of the following systems? (Check all that apply):

66.

67.

Monitored Yes No Other

Smoke/fire detection Fire suppression (sprinklers) Carbon monoxide detector

Alternate power systems: If yes, indicate type (Check all that apply):68.

69. Solar Wind Generator Other

70.

71.

Are you aware of any present problems or special instructions with any of the systems mentioned above?

MISCELLANEOUS:

YES NO

72. Are you aware of or have you observed any of the following on the Property? (Check all that apply):

73.

74.

75.

Scorpions Rabid animals Bees Rodents Reptiles Termites/Other wood destroying organisms

Bed Bugs Other:

How often is the Property serviced or treated for pests, reptiles, insects or animals?

76.

77.

78.

79.

Name of service provider: Date of last service:

Are there any security bars or other obstructions to door or window openings?

Are you aware of any present problems with any built-in appliances?

Are there any leased propane tanks, equipment or other systems on the Property?

80. Are you aware of any problems or special instructions with any of the items listed above?

81.

82.

83.

Explain:

Has the Premises ever been used as a “drop house” (i.e. used to facilitate the transport of persons that are not United

States citizens, permanent resident aliens or otherwise lawfully in this state, for profit or commercial purpose)?

UTILITIES

84. DOES THE PROPERTY CURRENTLY RECEIVE THE FOLLOWING SERVICES?

YES NO

85. Electricity:

86.

87.

88.

89.

90.

Fuel: Natural gas Propane Oil

PROVIDER NAME

Cable:

Telephone:

Garbage Collection:

Fire:

91. Irrigation:

92. Water Source: Public Private water co. Private well Shared well Hauled water

If source is public, private water company, or hauled water:93.

94.

95.

Are you aware of any present drinking water problems?

Explain:

96. NOTICE TO TENANT: IF THE PROPERTY IS SERVED BY A WELL, PRIVATE WATER COMPANY OR A MUNICIPALWATER PROVIDER, THE ARIZONA DEPARTMENT OF WATER RESOURCES MAY NOT HAVE MADE A WATER SUPPLYDETERMINATION. FOR MORE INFORMATION ABOUT WATER SUPPLY, CONTACT THE WATER PROVIDER.

97.98.

ENVIRONMENTAL INFORMATION

YES NO

99. Are you aware of any past or present issues or problems with any of the following on the Property? (Check all that apply):

Soil settlement/expansion100. Drainage/grade Erosion Fissures Dampness/moisture Other

101. Are you aware of any past or present issues or problems in close proximity to the Property related to any of the following?

102. (Check all that apply): Soil settlement/expansion Drainage/grade Erosion Fissures Other

103. NOTICE TO TENANT: THE ARIZONA DEPARTMENT OF REAL ESTATE PROVIDES EARTH FISSURE MAPS TO ANY MEMBER

104. OF THE PUBLIC IN PRINTED OR ELECTRONIC FORMAT UPON REQUEST AND ON ITS WEBSITE AT www.azre.gov.

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Superfund/ WQARF/ CERCLA


105. Are you aware if the Property is located within any of the following? (Check all that apply):

106.

112. NOTICE TO TENANT: THE ARIZONA BOARD OF TECHNICAL REGISTRATION (BTR) MAINTAINS A LIST OF

ADDITIONAL INFORMATION

Wetlands area

107. Are you aware if the Property is subject to any present or proposed effects of any of the following? (Check all that apply):

108. Airport noise Traffic noise Rail line noise Neighborhood noise Landfill Odors Nuisances

109. Toxic waste disposal Sand/gravel operations Other:

110. Are you aware if any portion of the Property has ever been used as a “Clandestine drug laboratory” (manufacture of,

or storage of, chemicals or equipment used in manufacturing methamphetamine, ecstasy or LSD)?111.

113. UNREMEDIATED SITES AT www.azbtr.gov. TO DETERMINE IF THE PROPERTY WAS ONCE ON THE LIST BUT HAS BEEN

114. REMEDIATED, CONTACT THE BTR AT 602-364-4948.

115. Are you aware if the Property is located in the vicinity of an airport (military, public, or private)?

116. Are you aware of the presence of any of the following on the Property, past or present? (Check all that apply):

117. Asbestos Radon gas Lead-based paint Pesticides Underground storage tanks Fuel/chemical storage

118. Are you aware of any open mine shafts/tunnels or abandoned wells on the Property?

119. If yes, describe location:

120. Are you aware if any portion of the Property is in a flood plain/way.

121. Are you aware of any portion of the Property ever having been flooded?

122. Are you aware of any water damage or water leaks of any kind on the Property?

123. Are you aware of any past or present mold growth on the Property?

124. Explain:

125.

126. Any other components of property not in working order or any additional information:

127.

128.

129.

130.

131. OWNER CERTIFICATION: Owner certifies that the information contained herein is true and complete to the best of Owner’s

knowledge as of the date signed. Owner agrees that any material changes in the information contained herein will be disclosed in

writing by Owner to Tenant prior to occupancy, including any information that may be revealed by subsequent inspections.

132.

133.

134.^ OWNER'S SIGNATURE MO/DA/YR ^ OWNER'S SIGNATURE MO/DA/YR

135. Reviewed and updated:

136. Initials: /

137. TENANT’S ACKNOWLEDGMENT: Tenant acknowledges that the information contained herein is based only on the Owner’s actual

138. knowledge and is not a warranty of any kind. Tenant acknowledges Tenant’s obligation to investigate any material (important) facts in

139. regard to the Property.

140. NOTICE: Tenant acknowledges that by law, Owners, Lessors and Brokers are not obligated to disclose that the Property is or has

been: (1) the site of a natural death, suicide, homicide, or any other crime classified as a felony; (2) owned or occupied by a person

exposed to HIV, diagnosed as having AIDS or any other disease not known to be transmitted through common occupancy of real

estate; or (3) located in the vicinity of a sex offender.

141.

142.

143.

144. By signing below, Tenant acknowledges receipt only of this form.

145.^ TENANT'S SIGNATURE MO/DA/YR ^ TENANT'S SIGNATURE MO/DA/YR

OWNER OWNER MO/DA/YR

YES NO

Client Name per Pre Qual

AZ Premier

An Important Notice About Pool SafetyDrowning is a serious threat to young children in Arizona. Young children also suffer from a high number of neardrownings that may lead to permanent, severe disability. Most of these incidents occur in the child's own backyardswimming pool. These tragedies must be stopped. To that end, the Arizona Legislature has passed a law requiringthat new occupants of dwellings with pools, and persons having a pool installed, receive this safety message aboutsteps to prevent drownings and the legal responsibilities of pool ownership.

(Note: pool means an in-ground or above-ground swimming pool or other contained body of water 18 ormore inches in depth, wider than 8 feet, and intended for swimming.)

This law applies to home with both a child under 6 years of age and a pool built after June 1, 1991. This law aimsto impede children's access to their own pools. Likewise, all pools must have a barrier to keep out uninvitedneighborhood children.

Unless a local code provides otherwise*, the barrier must:

Entirely enclose the pool area.

Be at least 5 feet high, measured on the outside of the barrier.

Not have openings, handholds or footholds that can be used to climb the barrier. Wire mesh or chainlink fences shall have a maximum mesh size of 1 3/4 inches measured horizontally.

Have no openings through which a sphere 4 inches in diameter can pass. Horizontal components ofany barrier shall be spaced not less than 45 inches apart measured vertically or shall be placed on the poolside of the barrier which shall have no opening greater than 1 3/4 inches measured horizontally.

Be at least 20 inches from the water's edge.

Prevent direct access from the house to the pools.

Gates must be self-closing and self-latching with the latch located at least 54 inches above the ground or on thepool side with a release mechanism at least 5 inches below the top of the gate and no opening greater than 1/2inch within 24 inches of the release mechanism or be secured by a padlock or similar device which requires a key,electronic opener or integral combination which can have the latch at any height. Gates must open outward fromthe pool.

If a wall of the home forms part of the barrier, one of the following must be used:

A barrier at least 4 feet high between the home and the pool which otherwise meets all of the requirementsfor a barrier set forth above.

A motorized, safety pool cover which does not require manual operation other than the use of a key switchwhich meets the American Society of Testing and Materials (ASTM) emergency standard 13-89 (now 1346-91).

Self latching devices on all doors with direct access to the pool. Such latches shall meet the requirements forlatches on self-closing gates set forth above.

Emergency escape or rescue windows from sleeping rooms with access to the pool shall be equipped with alatching device not less than 54 inches above the floor. All other openable dwelling unit or guest room windows withsimilar access shall be equipped with a screwed-in-place wire mesh screen, or a keyed lock that prevents opening thewindow more than 4 inches or a latching device located not less than 54 inches above the floor.

Initials Initials

State of Arizona law requires a barrier between the house and pool.

Client Name:

Property Address:

An above-ground swimming pool shall have non-climbable exterior sides which are a minimum height of 4 feet. Anyaccess ladder or steps shall be removable without tools and secured in an inaccessible position with a latchingdevice not less than 54 inches above the ground when the pool is not in use.

*Phoenix, Peoria, Tucson, and some other cities and unincorporated areas of Maricopa, Pima, and Pinal countieshave different pool barrier requirements. Check with your city and county governments to see if they haveadopted different pool barrier requirements.

Supervision is the key to prevent drowning

Never leave children unsupervised in the pool or inside the pool area -- not even for a second!

Inform guests to your home of the importance of closely watching children around water. At parties, make suresomeone is always watching the children around the pool. Don't count on barriers to keep children from reachingthe pool. No barrier is foolproof. Barriers only slow a child's access to the pool.

In case of an emergency: act immediately -

1. Shout for help.

2. Pull the child out of the water.

3. Take the child to the phone and dial 911 (or the local emergency number) for help.

4. Check airway and breathing. If needed, start CPR immediately. CPR can save lives and preventserious injury.

Other smart tips to protect children around water:

DON'T

Don't keep toys, tricycles or other playthings in the pool area. Also, remove items that a child could use to climb over the barrier.

Don't be distracted by phone calls, doorbells, or chores while children are in the pool. Your full attention should be on the children.

Don't rely on swimming lessons or "floaties" to protect your children.

Don't prop gates open.

DO

Attend a CPR class. All family members and baby-sitters should know CPR. For the nearest class, contact your local fire department.

Post 911 (or the local emergency number) on all phones.

Learn water rescue. Keep lifesaving equipment mounted near the pool, especially if you can't swim.

Lock passageways (such as pet doors) leading to the pool.

Inspect latches and gates regularly; keep them in working order.

Set a good example. Insist on safety around the pool.

Signature Date Signature Date

Legend

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THISMAPFULFILLSTHESTATUTORYREQUIREMENTSUNDERARIZONAREVISEDSTATUTE28-8482AND8483

ASOF20020620

Remedial Maps

Central Phoenix

East Valley

West Valley

Working with Tenants…

Qualify them…

- Income = 3x monthly rent

- Income Source

- Credit Issues

Income: If a client states that they make $2,500 a month then they will be

able to ‘qualify’ for a rental at $830 or less monthly. A client stating that they

can afford a rental up to $1,000 monthly needs to bring in $3,000 as monthly

income.

Income Source: Job verification is a common practice when qualifying

prospective tenants. Pay stubs are a good idea to include with the rental

application as verification of salary. In the event the applicant is receiving

alimony, child support, social security, pension, or any other type of income a

bank statement or letter showing the monthly income is recommended to be

provided with the application.

Credit Issues: Most prospective tenants have some type of credit issue on

their report. Being up front about the situation by providing a letter of

explanation is a great idea to avoid surprises. Short sales, foreclosures, and

bankruptcies are common credit issues in the rental market.

***Note… Showing a drastic decrease between the foreclosed/short sold

home and the rental may assist a landlord in reaching an approval

on the applicant.***

Educate them…

- Deposits

- Application

- Owners / Landlords/ Property Managers.

Deposits: On top of monthly rent there are several different types of

deposits that may apply… Security Deposit, Pet Deposit, Cleaning

Deposit, etc. Deposits can only equal 1 ½ times the monthly rent and

maybe refundable or non refundable. The deposits are customarily paid

at time of move in with the pro rated rent.

Example: Monthly Rent = $1,000

Security Deposit = $1,000 Refundable

Pet Deposit = $250 Non Refundable

Cleaning Deposit = $250 Non Refundable

Application: Each listing office may choose to have their own application

and set of application fee’s. The AAR Residential Application is the

application AZ Premier Realty uses, we charge a $35 per applicant as our

application fee. Check with the listing agent on how to obtain their

application.

Ownership: The owner of the property is considered the landlord. The

landlord may choose to hire a third party to handle the rental property.

This would be the property management company. Depending on if the

owner is managing the property as a landlord or has hired a property

management company will dictate where deposits are held, who takes

care of the repairs during the lease, and where monthly rent payments

are received.

The Tenant Advisory is a resource

Residential Lease Agreement

Tenants should protect themselves by taking the time


Initials>1 TENANT TENANTApril 2013

provided by the Arizona Association of REALTORS®

COMMON DOCUMENTS A TENANT SHOULD REVIEW

1

Residential Rentals are required to comply with the Arizona Residential Landlord/Tenant Act:http://www.azhousing.gov/azcms/uploads/PUBLICATIONS/Landlord%20Tenant%20Act%20-12-31-12.pdf

Verification of OwnershipPrior to executing a lease agreement or conveying any money, tenants should independently verify the owner of the propertyand confirm that they are contracting with the owner of record. If a person other than the owner signs the lease agreement, ten-ants should verify that the third party has authority to act on the owner's behalf. Information regarding property ownership canoften be found through the local county assessor's office. Contact information for county assessors can be found athttp://azstateparks.com/shpo/downloads/SHPO SPT Assessor.pdf.

to read the residential lease agreement andunderstand their legal rights and obligations before they enterinto a lease agreement. A sample Arizona Association ofREALTORS® (AAR) lease agreement can be found at http://www.aaronline.com/wp-content/uploads/2013/02/SAMPLE-Residential-Lease-Agreement.pdf.

2 Residential Lease Owner’s Property Disclosure

Many landlords provide a RLOPDS. This document poses avariety of questions for the owner to answer about theproperty and its condition. The property manager/broker isnot responsible for verifying the accuracy of the items on the

Statement (RLOPDS)

RLOPDS; therefore, a tenant should carefully review theRLOPDS and verify those statements of concern. View a sampleRLOPDS at www.aaronline.com/wp-content/uploads/2012/12/sample-residential-lease-owner.pdf.

3 Homeowners Association (HOA) GoverningDocumentsIf CC&Rs are recorded against the property, the

tenant agrees to follow the CC&Rs. It is essential that thetenant review and agree to these restrictions prior to leasing aproperty. See www.realtor.com/BASICS/condos/ccr.asp.TheArizona Department of Real Estate (ADRE) advises: “Read thedeed restrictions, also called CC&Rs (covenants, conditions andrestrictions). You might find some of the CC&Rs are very strict.” www.azre.gov/PublicInfo/PropertyBuyerChecklist.aspx.

In addition to CC&Rs, HOAs may be governed by Articles ofIncorporation, Bylaws, Rules and Regulations, and oftenarchitectural control standards. Read and understand thesedocuments. Also, be aware that some HOAs impose fees. Tenants with questions about their rights and remedies regarding homeowners associations or communityassociations should read the information provided atwww.azre.gov/PublicInfo/RealEstateResearchTopics.aspx#LINK11 or Chapters 16 and 18of the Arizona Revised Statutes - Title 33:www.azleg.state.az.us/ArizonaRevisedStatutes.asp?Title=33.

4 Lead-based Paint Disclosure Form

If the home was built prior to 1978, the landlord mustprovide the tenant with a lead-based paint disclosure

form. Information about lead-based paint may be obtained atwww.azre.gov/PublicInfo/RealEstateResearchTopics.aspx#LINK11 or www.epa.gov/lead/.

5 Move-in/Move-out Inspection

The importance of inspecting the property at thetime of moving in cannot be over-emphasized. The

tenant is encouraged to fill out a move-in/move-out checklistto identify material defects in the property within the statedtimeframe. A sample of AAR’s Move-in/Move-out ConditionChecklist can be viewed at www.aaronline.com/wp-content/uploads/2012/12/sample-movein-moveout-checklist.pdf.Tenants should keep a copy of the checklist for their recordsand may also want to take photographs of any damageobserved at the time of move-in.

AZ Premier

Repairs and Property Condition

Pursuant to Arizona law, the landlord is generally


Initials>

2 TENANT TENANTApril 2013

TENANTS RIGHTS AND OBLIGATIONS

2responsible for ensuring that all “electrical, plumbing,

sanitary, heating, ventilating, air-conditioning and other facili-ties and appliances, including elevators, supplied or required

3 Access to the Property by Landlord or Landlord’s

Unless the tenant requests repairs in writing, thelandlord must give the tenant at least two days notice to enterthe property, during reasonable hours, to make repairs, con-duct inspections, have services completed or exhibit the prop-

Representative

erty to prospective purchasers and tenants. The landlord has

A.R.S §33-1321(G). The landlord can subtract unpaid rent orrepair costs from the security deposit.

including, but not limited to, monthly rent. A holdover tenantis someone who stays in the lease property after the expressterm of the lease has expired. The landlord can choose to evict

conditions of the lease agreement.

1 Notice

Unless otherwise agreed, all notices shall be sent reg-istered or certified mail, or personally delivered. A.R.S. §33-1313.

supplied by him” be in good and safe working order and condi-tion. A.R.S. §33-1324. It is the landlord’s responsibility to makesure that necessary repairs are made to keep the property in afit and livable condition. It is the tenant’s responsibility to no-tify the landlord of any/all necessary repairs. Following propernotice, the landlord has five days to make any repairs that ma-terially affect the health and safety of the tenant(s) and 10days to make any other requested repairs. NOTE: Pursuant to A.R.S. §33-1324(C), the landlord and tenant of a single familyresidence may agree in writing, supported by adequate consid-eration, that the tenant will perform the landlord’s duties tomaintain a fit premises and perform specified repairs.

the right to immediately enter the premises in the event of anemergency or by court order. A.R.S. §33-1343.

4 Deposits/FeesThe lease agreement should specify which deposits/fees are refundable and which are not. A landlord is

not permitted to receive refundable security in an amount in excess of one and one-half month's rent.

During the term of the lease, the tenant's security deposit should be held by the landlord or in a broker's trustaccount (disclosed in writing). At the end of the lease all re-fundable deposits shall be refunded to the tenant pursuant to

Within 14 business days after termination of the ten-ancy and delivery of possession and demand by the tenant, thetenant is entitled to receive an itemized list of any/all securitydeposit deductions together with the amount due and payableto the tenant. A.R.S §33-1321(D) .

5 Termination of the Lease

Unless the parties desire for the lease agreement to continue, written notice of intent not to renew

the lease agreement shall be issued pursuant to the terms of the lease. If the lease continues on a month-to-month basis,absent prior written agreement, either the lease owner or thetenant may terminate by providing 30-days written noticeprior to the periodic rental date (i.e. the date on which rent isdue) per A.R.S. §33-1375(B).

If the tenant vacates the property before the leaseexpires, they can still be held responsible for damages,

a holdover tenant or allow the tenant to continue living in theproperty on a month-to-month basis under the terms and

6 ForeclosureThe landlord shall not allow the property to

become the subject of a trustee's sale and doing so may placethe landlord in breach of the lease agreement. Nonetheless, alandlord’s failure to pay the mortgage does not eliminate thetenant’s obligation to pay rent. To avoid breaching the lease,the tenant should continue paying rent to the landlord up tothe date on which the foreclosure is completed.

Should foreclosure occur during the term of the lease,The Protecting Tenants at Foreclosure Act of 2009 providescertain protections to tenants facing foreclosure by the landlord’s lender. If the tenant is occupying residential property pursuant to a bona fide, written lease, the tenant isgenerally entitled to continue residing in the property for theduration of the lease term. An exception exists where theproperty is sold to an individual intending to reside in theproperty as a primary residence. In such circumstances, thenew owner can evict the tenant after providing 90-days noticeto vacate. Information on The Protecting Tenants atForeclosure Act of 2009 can be found at: www.nlchp.org/content/pubs/ForeclosureStatutes6.09.pdf.

AZ Premier


Initials>3 TENANT TENANTApril 2013

1 Bedbugs: Bedbug infestation is on the rise inArizona and nationally. For more information on rights and

Pests

registry and community notification program for convicted

7 Insurance

Tenants are strongly encouraged to obtainrenter’s insurance for their benefit.

Pursuant to some lease agreements, certain pets may require

2 Swimming Pools and Spas

Barriers: Each city and county has its ownswimming pool barrier ordinance and tenants

8 Fair Housing & Disability Laws

The Fair Housing Act prohibits discrimination based onrace, color, national origin, religion, sex, familial status(including children under the age of 18 living with parents orlegal custodians, pregnant women, and people securing custodyof children under the age of 18), and handicap (disability). VisitHUD’s Fair Housing/Equal Opportunity website at

. For information on the Americans withDisabilities Act, visit

Links to state agencies, city and county websites:

TENANTS RIGHTS AND OBLIGATIONS (CONTINUED)

additional insurance coverage. Tenants are encouraged tocontact an insurance professional concerning additional cov-erage that may be required. www.id.state.az.us/publications/Renters_Ins_Guide_w_Prem_Comp_12_-_Final_Web.pdf

http://portal.hud.gov/portal/page/portal/HUD/program_offices/fair_housing_equal_opp

www.usdoj.gov/crt/ada/adahom1.htm .

ADDITIONAL INFORMATION ADDITIONAL RESOURCES

obligations with respect to bedbugs visit the followingwebsites: www.azdhs.gov/phs/oids/vector/bedbugs/files/Bed-Bug_FAQs.pdf or www.cdc.gov/parasites/bedbugs/ orwww.epa.gov/bedbugs/.Scorpions: Information on scorpions may be found atwww.desertusa.com/oct96/du_scorpion.html .

should investigate and comply with all applicable state,county and municipal pool regulations. Pool barrier contactinformation for Arizona cities and counties may be found atwww.aaronline.com/documents/pool_contacts.aspx . TheArizona Department of Health Services Private Pool Safetynotice may be found at http://azdhs.gov/phs/oeh/pool_rules.htm . The state law on swimming pools is locatedat www.azleg.state.az.us/ars/36/01681.htm.

3 Sex Offenders

The presence of a sex offender in the vicinity of theproperty is not a fact that the landlord or broker is requiredto disclose. Since June 1996, Arizona has maintained a

sex offenders. This information may be accessed at https://az.gov/webapp/offender/main.do or through the NationalSex Offender Public Website: www.nsopw.gov/Core/Portal.aspx . Prior to June 1996, registration was not required and only the higher-risk sex offenders are on thewebsite.

www.az.gov .Tenant’s Rights Handbook: www.azag.gov/sites/default/files/sites/all/docs/civil-rights/fha/TenantRightsResponsibilities.pdf Arizona Department of Real Estate Consumer Information:www.azre.gov/InfoFor/Consumers.aspx.Find a REALTOR®: www.aaronline.com.For information on indoor environmental concerns, theEPA has a host of resource materials and pamphletsavailable at www.epa.gov/iaq/pubs/index.html .For crime statistics in all Arizona cities go towww.leagueaz.org/lgd/ , click on the city/town and searchfor “crime statistics.” Tenants may find that children cannot attend the schoolnearest to the property and may even be transported toanother community. For information about Arizona’s schools visit www.ade.state.az.us .A U.S. Department of Housing and Urban Development Housing Choice Vouchers Fact Sheet can be found at http://portal.hud.gov/hudportal/HUD?src=/topics/housing_choice_voucher_program_section_8 .Information regarding Section 8 programs availablethrough the Arizona Public Housing Authority can be found

www.azhousing.gov/ShowPage.aspx?ID=187&CID=11at: orwww.findsection8housing.com/

Maps for military airports can be found at www.azre.gov/AirportMaps/MilitaryAirports.aspx .Maps for many of the public airports can be found atwww.azre.gov/AirportMaps/PublicAirports.aspx.

AZ Premier


4

Tenant acknowledges receipt of all four pages of

TENANT ACKNOWLEDGMENT

Tenant AdvisoryA Resource for

Real Estate ConsumersProvided by the

this advisory. Tenant further acknowledges thatthere may be other disclosure issues of concernnot listed in this advisory. Tenant is responsiblefor making all necessary inquiries and consultingthe appropriate persons or entities prior to theleasing of any property.

The information in this advisory is provided withthe understanding that it is not intended as legalor other professional services or advice. These materials have been prepared for generalinformational purposes only. The information andlinks contained herein may not be updated orrevised for accuracy. If you have any additionalquestions or need advice, please contact yourown lawyer or other professional representative.

TENANT SIGNATURE DATE

TENANT SIGNATURE DATE

AZ Premier

Applying for the home…

Clients may or may not need you to send the application to the listing

agent on their behalf. In some cases, clients may go to the listing office

to turn in the application, apply online, or they may have you send the

information. In any case you need to have them sign the Agency

Disclosure form. This form should be presented with the application.

Also, contact the listing agent to discuss your applicant and the procedure

to apply for the specific home.

When contacting the listing agent verify which application your clients

need to fill out, what the application fee’s are, and the time frame for

approval. If your client is approved for the home it is customary for the

listing agent to write the lease. Prior to your client signing and turning

over earnest monies, review the lease on their behalf. Be aware that as

the tenant representative you may need to write the lease. Work

cooperatively with the listing agent to obtain the correct information for

the lease agreement.

The application fee’s are non refundable even in the event the tenant

does not qualify. After the lease is signed and earnest is turned over to

the listing side the earnest is also non refundable.

APPLICATION FOR OCCUPANCY Document:February 2013





consult your attorney, tax advisor or professional consultant.REAL SOLUTIONS. REALTOR® SUCCESS

Address of Rental Property Applying for:

APPLICANT PERSONAL INFORMATION

NAME:

Single Married Separated Divorced (date of decree)

EMAIL ADDRESS TELEPHONE

SOCIAL SECURITY NUMBER DATE OF BIRTH

DRIVER’S LICENSE / GOVERNMENT ISSUED ID NUMBER STATE

DESIRED DATE OF OCCUPANCY DESIRED LENGTH OF LEASE

EXPIRATION DATE

How did you hear about us?

Sign Our website Ad Referral: Other:

EMPLOYMENT & BANK REFERENCES (Minimum one year verified employment required)

Current Employer:

Address: City: State: ZIP Code:

Telephone: How long?: Start date:

Department/Position: Approximate Monthly Gross Income: $

If you have been with your current employer less than one year, please complete the following:

Previous Employer:


Telephone: How long?: Date left:

Please provide a valid, enlarged copy of your current driver’s license or government issued photo ID and your 2 mostrecent paystubs or proof of income.

Bank: Branch:

Telephone:

Account Number (checking): Account Number (savings):

Other Income: (Indicate source & amount)

RESIDENCE HISTORY (Minimum one year required)

Current Rent/Mortgage Payment: $ How long?: Own Rent

Current Address:

City: State: ZIP Code:

Landlord: Telephone:

If owned, please provide mortgage company name and address:

Mortgage Company:

Address:

Telephone:


If you have been at your current address less than one year, please complete the following:

Previous Address:

How Long?:


Application for Occupancy • February 2013 • Copyright © 2013 Arizona Association of REALTORS®. All rights reserved.

PAGE 1 of 3Phone: Fax:


Page 1 of 3

>>

1.2.3.

9.

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33.



623.594.7680 623.594.7682

AZ Premier

Application for Occupancy >>

PERSONAL REFERENCES

1. Name:

Address:

Relation:

Telephone:

2. Name: Relation:

Address: Telephone:

3. Name: Relation:

Address: Telephone:

DEPENDENTS/ADDITIONAL OCCUPANTS

Number of people who will occupy residence:

List occupants and their birthdates - CREDIT AND CRIMINAL BACKGROUND CHECKS WILL BE RUN ON EACH PERSON 18 & OVER.

Name: Relationship: D.O.B.:




Additional occupants, see attached.

Person(s) to notify in case of emergency and that you authorize to enter and take possession of your personal property in the event of

death, pursuant to A.R.S. §33-1314(F), disability or incarceration:

Name:


Phone: Email:

PETS/SERVICE ANIMALS

Will you have pets? Yes No (assistive and service animals are not considered “pets”)

Description of pets (recent photo required):

Breed: Age: Gender: Weight:

Breed: Age: Gender: Weight:

Will you have an assistive or service animal? Yes No (accommodation request required with application)

VEHICLE INFORMATIONTotal Number of Vehicles (including company vehicles):

Vehicles:

Make: Model: Year: Color: Lic. Plate #:



Description of any other vehicles (boat, trailer, truck, recreational vehicle, etc.) you would like to keep on property:

Prior written permission separate from this application must be obtained from management.

CREDIT AND BACKGROUND HISTORY(ANSWER ALL QUESTIONS FOR YOURSELF AND FOR ANYONE WHO WILL OCCUPY THIS RESIDENCE)

Have you ever been evicted? Yes No

Has a notice of eviction ever been filed against you? Yes No If so, when:

Have you ever declared bankruptcy? Yes No If so, when: Discharge Date:

Have you had two or more late rental payments in the past year?

Have you ever willfully or intentionally refused to pay rent when due?

Do you currently owe any monies to an apartment community or landlord?

Do you use illegal drugs?

Have you ever engaged in the distribution or sale of illegal drugs?

Have you ever been convicted, arrested or charged with any crime?

Please give detailed explanation(s), date(s), and names for any question answered ‘Yes’ above:

Yes No

Yes No

Yes No

Yes No

Yes No

Yes No

Do you have any outstanding warrants or anticipate any warrants for arrest? Yes No


PAGE 2 of 3Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Page 2 of 3

>>

47.

48.

49.

50.

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52.

53.54.55.

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88.

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98.

99.

100.

AZ Premier

Application for Occupancy >>

ADDITIONAL INFORMATION

Have you or anyone in your household had, or do you presently have, bed bugs or other pest issues? Yes No

If yes, please explain:

Please give any information that might help evaluate this application:

DEPOSIT TO HOLD AGREEMENT

In consideration of management holding this property for me, I agree to pay:

Earnest/holding deposit of a minimum of

A non-refundable application fee of

$

$

and

per person over 18 in CERTIFIED FUNDS ONLY*

*Additional fees will apply for non-U.S. residents and will vary according to current rates. IF YOU ARE A NON-US RESIDENT, PLEASE

The earnest/holding deposit is refundable if my application is not approved (14-day delay required for bank clearance of check). If my

Application is approved, the earnest/holding deposit is credited to the required move-in costs. IF APPLICANT SHOULD WITHDRAW

THIS APPLICATION WITHIN 7 DAYS AFTER WRITTEN NOTIFICATION OF ACCEPTANCE, a minimum of $

of the earnest/holding deposit WILL BE RETAINED in addition to the non-refundable application fee. IF AFTER 7 DAYS OF

NOTIFICATION OF ACCEPTANCE, APPLICANT WITHDRAWS OR FAILS TO EXECUTE LEASE AGREEMENT, ALL EARNEST/

HOLDING DEPOSIT MONIES WILL BE FORFEITED. UNDER NO CONDITIONS WILL APPLICATION FEE BE REFUNDED.

Total deposits/fees submitted with application $

I hereby authorize and instruct Owner/Broker/Property Manager to investigate the information supplied by me and to conduct inquiries

concerning my income, credit and character for the purpose of verifying and qualifying for this rental and any renewals thereof. I further

authorize the release of any and all information available from any reference, former owners, and credit reporting services, department of

motor vehicles, and governmental agencies. I hereby release and hold harmless all parties from liability for any damages that may result

from furnishing this information to its owners, its agents and others. NOTE: Copy of actual credit report will not be provided to applicant by

Owner/Broker/Property Manager.

Applicant acknowledges that Owner/Broker/Property Manager may not be able to complete a comprehensive evaluation of this

information prior to move-in. Owner/Broker/Property Manager reserves the right to verify application information after move-in and may

convert the proposed Lease Agreement to a month-to-month term or declare the lease irreparably breached and seek immediate eviction

if false or misleading information is contained in this Application. Applicant agrees to the terms of this Deposit to Hold Agreement. This

application is preliminary only and does not obligate owner or owner’s representatives to execute a lease or deliver possession of the

proposed Property. Owner/Broker/Property Manager comply with federal, state and local fair housing laws and regulations.

Unless otherwise agreed, I understand that the Brokerage, its Broker, its Agents, and employees are agents of and

represent the Owner in leasing this property.

(Applicant’s Initials Required)APPLICANT

By signing below, I acknowledge and accept the qualifying criteria and policies of the Owner/Broker/Property Manager by which my

application will be approved.

This application must be signed by applicant.

^ APPLICANT SIGNATURE MO/DA/YR

FALSIFYING INFORMATION ON THIS APPLICATION IS GROUNDS FOR REJECTION.

FOR OFFICE USE ONLY

Agent Name:

Co-Broke? Exclusive?

Referred by: At:

ACCEPTED

REJECTED

Date of Written Notification:

Date Denial Letter Was Sent:

Non-resident application fee?

Yes No Yes No



Page 3 of 3

CALL FOR CORRECT APPLICATION FEE AMOUNT BEFORE APPLYING.

NOTES:

101.

102.

103.

104.

105.

106.

107.

109.108.

110.

111.

112.

113.

114.

115.

116.

117.

118.

119.

120.

121.

122.

123.

124.

125.

126.

127.

128.

129.

130.

131.

132.

133.

134.

135.

136.137.

138.

139.

140.141.

142.143.144.145.146.

147.

148.

149.

150.

151.

152.

153.

AZ Premier

- Executed Lease Agreement

- Copy of Earnest Money Check

- Agency Disclosure

- Any addendums incorporated in the lease agreement

- Example: Crime Free Addendum

- Rental Lead Base Paint Disclosure

- Copy of the MLS Plano (active or pending status)

- Applicable Maps (Remedial, Surprise Zoning Map)

- Pool Safety Form (If applicable)

- Initialed/Signed SPDS (if provided)

- Final Walk Thru / Move in checklist

YOUR APPROVED!! What do you need…

TENANT ATTACHMENT Document updated:

February 2014

ATTENTION TENANT!YOU ARE ENTERING INTO A LEGALLY BINDING AGREEMENT.

1. Read the entire agreement before you sign it.

2. Review the Rules & Regulations, CC&Rs and all other governing documents,especially if the property is in a homeowner's association.

3. You are strongly urged to obtain Renter's Insurance.

4. Investigate all material (important) facts.

6.

through the Tenant Advisory at http://www.aaronline.com.

Remember, you are urged to consult with an attorney, inspectors, and experts of yourchoice in any area of interest or concern in the transaction. Be cautious about verbalrepresentations, advertising claims, and information contained in a listing.

Verify anything important to you.

Read and understand your rights and obligations pursuant to theArizona Residential Landlord and Tenant Act, a copy of which can be obtainedon the Department of Housing website: www.azhousing.gov

You can obtain information about considerations when renting a property

Phone: Fax:


Tenant's Check List

Tenant Attachment • Updated: February 2014

Copyright © 2014 Arizona Association of REALTORS®. All rights reserved.


5. If a Residential Lease Owner's Property Disclosure Statement is provided,carefully review that document. This information comes directly from the Landlord.Investigate any blank spaces.

Initials>

TENANT TENANT

This attachment is intended to be given to the Tenant prior to the submissionof any offer and is not part of the Residential Lease Agreement's terms.



RESIDENTIAL LEASE AGREEMENT

1. LANDLORD: or identified on Line 328.PROPERTY OWNER(S) (LANDLORD) NAME(S)

2. TENANT:TENANT(S) NAME(S)

3.4.5.

Premises Address:6.

City: AZ, Zip Code:7.

Personal Property Included and to be maintained in operational condition by Landlord:

Washer Dryer Refrigerator Range/Oven Dishwasher Microwave

8.

Other:

9.

Occupancy: The Premises shall be used only for residential purposes and only by the following named persons:

10.

11.

12.

Assignment and Occupancy Restrictions: Only persons listed above may occupy the Premises or any part thereof without Landlord's

13.

14.15.16.17.

Addenda Incorporated: Lead-based Paint Disclosure Move-In/Move-Out Condition Checklist18.

Other:19.

Term: The Lease Agreement shall begin on at and end on at ,MO/DA/YR TIME MO/DA/YR TIME

20.

21.22.23.24.25.

26. IF TENANT WILLFULLY FAILS TO VACATE THE PREMISES AS PROVIDED FOR IN THIS LEASE AGREEMENT, LANDLORD27. SHALL BE ENTITLED TO RECOVER AN AMOUNT EQUAL TO BUT NOT MORE THAN TWO MONTHS' PERIODIC RENT OR28. TWICE THE ACTUAL DAMAGES SUSTAINED BY LANDLORD, WHICHEVER IS GREATER, AS PROVIDED FOR IN THE29. ARIZONA RESIDENTIAL LANDLORD AND TENANT ACT ("ARLTA").

30. Earnest Money: No Earnest Money is required.

31. Earnest Money is required in the amount of $ .

32.

33.

Until offer is accepted, Landlord is entitled to lease the Premises to another tenant.

34.

Form of Earnest Money: Personal Check Cashier's Check Other:

35.

Upon acceptance of this offer by Landlord, Earnest Money will be deposited with:

36.

Broker's Trust Account(PRINT BROKERAGE FIRM'S NAME)

37.

Landlord

Other:

Page 1 of 8

Document updated:February 2014




including tax consequences thereof. If you desire legal, tax or other professional advice, pleaseREAL SOLUTIONS. REALTOR® SUCCESS consult your attorney, tax advisor or professional consultant.

>>

Residential Lease Agreement • Updated: February 2014

Copyright © 2014 Arizona Association of REALTORS®. All rights reserved.<Initials Initials>

LANDLORD LANDLORD TENANT TENANTPage 1 of 8

at which time this Lease Agreement shall automatically continue on a month-to-month basis, with all other terms and conditions set forthherein remaining the same, unless either party provides written notice to the other of their intention to terminate the Lease Agreement.Notice to terminate the Lease Agreement at the end of the original term shall be given on or prior to the last rental due date of the originalterm. Notice to terminate, if on a month-to-month basis, shall be given thirty days prior to the periodic rental due date. At lease terminationTenant shall return all keys/garage door/entry gate openers as described herein and vacate the Premises.

prior written consent. If Tenant attempts to sublet, transfer, or assign this Lease Agreement and/or allows any persons other than those listedabove to occupy the Premises without Landlord’s prior written consent, such act shall be deemed a material non-compliance by Tenant ofthis Lease Agreement and Landlord may terminate this Lease Agreement.

Landlord and Tenant enter into this Residential Lease Agreement (“Lease Agreement”) on the terms contained herein. Landlordrents to Tenant and Tenant rents from Landlord, the real property and all fixtures and improvements thereon and appurtenancesincident thereto, plus personal property described below (collectively the “Premises”).

Phone: Fax:



Owner Name

Tenant Name

1234 W Marconi Ave

Glendale 85306

X X X X X X

John Doe, Sally Doe, Jacob Doe, & Melissa Doe

05/07/14 9:00a 04/30/14 5:00p

X 500.00

X Certified Funds

X Arizona Premier Realty Homes & Land LLC

***If not managed then select landlord***


Residential Lease Agreement >> Page 2 of 8

39.All Earnest Money shall consist of immediately available funds and is subject to collection. In the event any payment for Earnest Money is

40.dishonored for any reason, at Landlord's option, Landlord shall be immediately released from all obligations under this Lease Agreement by

41.42.

Rent: Tenant shall pay monthly installments of $ plus any applicable sales taxes, which are currently

43.

$ , totaling $ ("Rent") to:

44.

at: .

45.

day

46.

47.

48.49.

plus any

50.

applicable sales tax of $ , totaling $ for the prorated period beginning and ending .MO/DA/YR MO/DA/YR

51.

Note: The ARLTA prohibits a landlord from demanding or receiving security, however denominated, including, but

52.

not limited to, prepaid Rent in an amount or value in excess of one and one-half month's Rent; however theARLTA does not prohibit a Tenant from voluntarily paying more than one and one-half month's Rent in advance.

53.

The breakdown of the deposit amounts shown below is solely for the purpose of showing how such amounts

54.55.

were calculated and does not limit landlord's right to use all deposit amounts as permitted by the ARLTA.Deposits may be placed in interest-bearing accounts, which interest shall be retained by the Broker or Landlord.

56.

57.

REFUNDABLE DEPOSITS SHALL NOT BE USED AS A CREDIT TOWARDS LAST MONTH'S RENT.

58.

Initial Rent Payment:

59.

Refundable Security Deposit Due: "Security Deposit" is given to assure payment or performance under this Lease Agreement.

60.

"Security Deposit" does not include a reasonable charge for redecorating or cleaning.

61.

Security deposit: $

62.

Pet deposit: + $

63.

Cleaning deposit: + $

64.

Non-refundable Charges Due:

65.

Cleaning Fee: + $ (for additional cleaning and sanitizing of the Premises after Tenant vacates)

66.

Redecorating Fee: + $ (for periodic repair/replacement of floor and window coverings, paint and

67.

decorative items after Tenant vacates)

68.

Pet Cleaning Fee: + $ (for additional wear, tear and cleaning after Tenant vacates)

69.

Other Fee: + $ (for )

70.

Tax Due on Initial Rent and Non-refundable Charges Paid to Landlord:

71.

Sales tax charged: + $ City rental tax rate % Taxable amount $

72.

Total Required Payment: $

73.

Less Earnest Money - $

74.

BALANCE DUE (CERTIFIED FUNDS): $MO/DA/YR

75.

Refundable deposits will be held: by Landlord in Broker's Trust AccountBROKERAGE FIRM NAME

76.

77.

78.

79.80.

81.82.

Late Charges and Returned Checks: A late charge of $

83.

84.

$

$

Late or Partial Payments: The acceptance by Landlord of any late or partial payment shall not change the due date or amount ofany required payment in the future and shall not relieve Tenant of any obligation to pay the balance of the Rent and any applicablelate fees or costs.

>>





to be delivered to Landlord on or before

(assistive and service animals are not considered "pets")

(assistive and service animals are not considered "pets")

Rent Proration: If Rent is being prorated for a period other than a full month, Tenant shall pay onMO/DA/YR

$

These additional charges shall be collectible as Rent. If a Rent payment has been returned unpaid for any reason,Landlord shall be entitled to demand that all sums due pursuant to this Lease Agreement be paid in the form of a cashier’scheck or money order.

for all funds dishonored for any reason, in addition to the late charge provided herein.5:00 p.m. on the due date orby days after due date and shall be collectible as Rent. Tenant shall pay a charge of

shall be added to all Rent not received

38.

notice to Tenant. Upon acceptance of this Lease Agreement by all parties, all Earnest Money shall be applied to deposits and/or initial rents.

Periodic Rental Due Date: The Rent and all other accrued charges shall be due and payable no later than 5:00 p.m. on theof each month (regardless of weekends or holidays). Rent shall be payable in advance without deductions or offsets. Landlord is not requiredto accept a partial payment of Rent or other charges. If the sales tax changes during the term of this Lease Agreement, Landlord may adjustthe amount of Rent due to equal the difference caused by the tax change upon thirty (30) days notice to Tenant.

,

1st

950.0020.90 970.90 Arizona Premier Realty Homes & Land7055 W Bell Road Ste 2 Glendale, AZ 85308

25 a day after 3rdX50.00

05/07/2014 791.67

17.42 809.09 05/07/2014 05/31/2014

791.67

950.00150.00

250.00

17.42 2.200 791.67

2,159.09500.00

1,659.09 Upon Move in

X Arizona Premier Realty

AZ Premier


88.89.90.

91. Application/Credit/Background Contingency: A credit/background report(s) application fee of $92. is due by separate payment and is non-refundable. This Lease Agreement is contingent on satisfactory verification and93. approval by Landlord of Tenant's employment, credit, banking references, income, past rental history, and criminal and/or94. other background check(s) prior to possession. Tenant consents to these credit/background check(s) by Landlord or Broker.95. Tenant shall complete a separate rental and/or credit application containing all the required information. Tenant warrants96. that the information is correct and complete and that Tenant has disclosed all pertinent information and has not withheld

any information, including, but not limited to, poor credit, early terminations of leases, evictions or bankruptcy. Tenant's97.98. material falsification of any information provided to Landlord shall entitle Landlord to terminate this Lease Agreement and99. pursue all applicable remedies, damages, court costs and reasonable attorneys' fees. The credit history of Tenant with

100. respect to this Lease Agreement may be reported to any credit bureau or reporting agency.

101. Pets (including, but not limited to animals, fish, reptiles or birds): Assistive and service animals are not considered "pets."

No pets allowed. Tenant agrees not to keep or permit any pets on the Premises without prior written consent of the Landlord.102.

103. Landlord hereby grants Tenant permission to keep the following described pet(s) on the Premises:

104. and Tenant

105. is required is not required to maintain a liability insurance policy to cover any liability incurred due to pets with a106. minimum of $ coverage and cause Landlord to become an "additional insured" under the policy.

107. Keys: Landlord agrees to deliver to Tenant keys for Premises: Door Pool Mail Box

108. Entry Gate Other: and garage door openers upon possession.109. Tenant shall pay Rent and shall remain responsible for the security of the Premises until all keys and garage door open-110. ers have been physically returned to Landlord/Property Manager/Authorized Representative or otherwise satisfactorily111. accounted for by Tenant. Leaving keys/garage door opener/entry gate opener in or on the Premises will not be considered112.113.114.

115. Utilities: Tenant agrees to arrange, and pay for when due, all utilities except:116.

117. Yes No If yes, explain:118.

Maintenance Responsibility: The following shall be the responsibility of the party indicated:

119.

A. Pool Maintenance:120.

Cleaning/Routine Maintenance: Landlord Tenant Association Not applicable121.

Pool Chemicals: Landlord Tenant Association Not applicable

122.

B. Routine Pest Control: Landlord Tenant Association Not applicable

123.

C. Yard Maintenance:

124.

Front Yard: Landlord Tenant Association Not applicable125.

Back Yard: Landlord Tenant Association Not applicable

126.

D. Other: Landlord Tenant Association Not applicable

127.

Upkeep of the Premises: Tenant has completed all desired physical, environmental or other inspections and investigations of the

128.

Premises and is satisfied with the physical condition, except as otherwise noted in writing. Tenant shall maintain the Premises in a129.

neat and undamaged condition and, in particular, shall comply with applicable provisions of building codes, homeowners' association130.

or other rules and regulations; maintain the Premises in a clean and safe condition; dispose of all ashes, rubbish, garbage and other131.

waste; keep and use all plumbing and electrical, sanitary, heating, ventilating and air conditioning facilities and elevators and otherfacilities and appliances in a clean and reasonable manner; and generally conduct themselves and others in their charge, including

132.

pets, in a manner so as not to disturb their neighbors or in any way, deface, damage, impair or otherwise destroy any part of the

133.134.

Premises. Tenant shall immediately notify Landlord of any situation or occurrence that requires the Landlord to provide maintance,135.136.

>>





Association Dues: If applicable, homeowners’ and other association dues and assessments shall be paid by Landlord.

Association: Premises is located within a community association(s):

returned unless expressly authorized by Landlord in writing. Tenant agrees to pay all costs related to replacing lost or unre-turned keys and/or garage door/entry gate openers. Tenant shall not change the locks or add a deadbolt lock withoutLandlord’s written consent. Tenant acknowledges that unless otherwise provided herein, Premises have not been re-keyed.

85.86.87.

No refundable deposit shall be transferred from the Broker’s Trust Account to anyone other than Tenant without ten (10) calendar days’written notice to Tenant. If deposits are held by Landlord, Tenant and Landlord agree to hold Broker harmless of all liability regarding saiddeposits. If the Premises are surrendered to Landlord at the termination or expiration of this Lease Agreement in a clean and undamagedcondition acceptable to Landlord, Landlord shall return the refundable deposits to Tenant within the time period provided for in the ARLTA.However, if the Premises are delivered to Landlord in an unclean, damaged or unacceptable condition, Landlord shall be entitled toretain all or a portion of the refundable deposits and hold Tenant liable for any additional charges.

35.00

X

1 small dogX

X 2X 1

X

XX

X

XX

X

AZ Premier


141.142.143.144.145.146.

147.148.149.

VIOLATION OF THIS PROVISION SHALL CONSTITUTE A MATERIAL AND IRREPARABLE VIOLATION OF THIS LEASE

150.151.

AGREEMENT AND CAUSE FOR IMMEDIATE TERMINATION OF THE TENANCY.

152.

Rules and Law: Tenant has either received a copy of any rules, regulations, covenants, conditions and restrictions, homeowners'

153.

association rules, ordinances, and laws ("Rules and Law") concerning the Premises, or has made an independent investigation

154.

of the applicability of any such Rules and Law to Tenant's use of the Premises. If the homeowners' association, state, county,municipal or other governmental bodies adopt new ordinances, rules or other legal provisions affecting this lease Agreement,

155.156.

Landlord may make immediate amendments to bring this Lease Agreement into compliance with the law. In such event, the Landlord

157.

agrees to give Tenant notice that this Lease Agreement has been amended and shall provide a brief description of the amendment

158.

and the effective date.

159.

160.161.162.163.164.

165.

Swimming Pool Barrier Regulations: Tenant agrees to investigate all applicable state, county, and municipal Swimming

166.

Pool Barrier Regulations and agrees to comply with said regulations while occupying the Premises, unless otherwise agreed167.

in writing. If the Premises contains a swimming pool, Tenant acknowledges receipt of the Arizona Department of Health168.

Services approved private pool safety notice. Landlord and Tenant expressly relieve and indemnify brokers from any and all liability169.

and responsibility for compliance with any applicable pool barrier laws and regulations.170.

(TENANT'S INITIALS REQUIRED)TENANT TENANT

171.

Lead-based Paint Disclosure: If the Premises were built prior to 1978, the Landlord shall: (i) notify the Tenant of any known

172.

lead-based paint ("LBP") or LBP hazards in the Premises; (ii) provide the Tenant with any LBP risk assessments or inspections of173.

the Premises in the Landlord's possession; (iii) provide the Tenant with the Disclosure of Information on Lead-based Paint and174.

Lead-based Paint Hazards, and any report, records, pamphlets, and/or other materials referenced therein, including the175.

pamphlet "Protect Your Family from Lead in Your Home" (collectively "LBP Information").176.

The Premises were constructed prior to 1978 and Tenant has received and executed the Disclosure of Information on

177.

Lead-based Paint and Lead-based Paint Hazards, and has received any reports, records, pamphlets, and/or other materialsreferenced therein, including the pamphlet "Protect Your Family from Lead in Your Home."

178.179.


180.

OR

181.

Premises were constructed in 1978 or later.

182.


Smoke Detectors: The Premises does does not contain smoke detector(s). If yes, Tenant shall maintain the

183.

detector(s) in working condition, change batteries and notify Landlord if the detector is not working properly or missing from

184.

185.

the Premises.186.

Carbon Monoxide Detectors: The Premises does does not contain carbon monoxide detector(s). If yes, Tenant shall

187.

maintain the detector(s) in working condition, change batteries and notify Landlord if the detector is not working properly or188.

missing from the Premises.189.190.

>>





Crime-Free Provision: Tenant, occupants, family, guests, invitees, or other persons under Tenant’s control shall not engage in or facil-itate: (i) any acts involving imminent or actual serious property damage as defined by law; (ii) any criminal activity (state, federal orother municipality), including drug-related criminal activity, any act of violence or threats of violence, other illegal activity, includingprostitution, criminal street gang activity, threatening or intimidating, unlawful discharge of firearms, or assault; (iii) jeopardize the health,safety and welfare of Tenants, Landlord, Landlord’s representatives, agents or others.


Compliance with Rules and Law: Landlord and Tenant agree to comply with the applicable Rules and Law concerning thePremises. Tenant agrees to supervise other occupants, family, guests, invitees, or other persons under Tenant’s control to ensuretheir compliance with the Rules and Law and shall be responsible for any actions of the foregoing who violate this Lease Agreementor the applicable Rules and Law. Tenant shall immediately notify Landlord upon receipt of any notice of violation and shall pay anyfines or penalties assessed by any governing body as a result of Tenant’s noncompliance with Rules and Law.

ing the repairs or performing the maintenance requested. If Tenant fails to comply with such requirements, Landlord may make nec-essary repairs and submit a bill to Tenant subject to the provisions of the ARLTA. Tenant also agrees to replace furnace filters, airconditioning filters, light bulbs, water filters and smoke alarm and/or carbon monoxide detector batteries as frequently as conditionsrequire, or as otherwise provided. Landlord agrees to maintain the Premises as provided in the ARLTA and shall comply with therequirements of applicable building codes, homeowners’ association or other rules and regulations, make all repairs necessary tokeep the Premises in a fit and habitable condition.

maintenance, such notice shall constitute permission from Tenant for Landlord to enter the Premises for the sole purpose of mak-140.139. nent thereof. In the event Tenant notifies Landlord in writing of any condition requiring Landlord to make repairs or perform138.137. make repairs, or otherwise requires Landlord to take action as required by the ARLTA, including, but not limited to any moisture con-

ditions from any source, leaks, evidence of mold/mildew, or of any inoperative mechanical, plumbing or electrical system or compo-

X

X

AZ Premier


191.192.

193.

Tenant Liability/Renter's Insurance: Tenant assumes all liability for personal injury, property damage or loss, and insurable

194.195.

196.197.198.

199.200.201.202.203.204.

205.206.207.208.

209.

Death of Tenant: Tenant may provide and update Landlord with the name and contact information of a person who is authorized to

210.211.

212.

Breach: In the event of a breach of this Lease Agreement, the non-breaching party may proceed against the breaching party inany claim or remedy that the non-breaching party may have in law or equity.

213.214.

Attorney Fees and Costs: The prevailing party in any dispute or claim between Tenant and Landlord arising out of or relating to this

215.216.

217.218.219.

220.221.222.223.224.

225.226.227.228.229.

230.231.

Time of Essence: Time is of the essence in the performance of the obligations described herein.

232.

233.

234.235.236.

237.238.239.

240. Permission: Landlord and Tenant grant Brokers permission to advise the public of this Lease Agreement and the price and terms herein.

241. Equal Housing Opportunity: Landlord and Brokers comply with federal, state, and local fair housing laws and regulations.>>





dination agreements or other similar documents presented by Landlord within three (3) days of delivery.

Subordination: This Lease Agreement shall be subordinate to all present and future ground leases, mortgages, deeds of trust and anyother encumbrances consented to by Landlord and also to any modifications or extensions thereof. Tenant agrees to execute any subor-

Waivers: No waiver by Landlord of any provision herein shall be enforceable against Landlord unless in writing signed by Landlord, norshall it be deemed a waiver of any other provision herein or of any subsequent breach by Tenant of the same or any other provision.Landlord’s consent to or approval of any act shall not constitute a continuing consent to or approval of any subsequent act by Tenant.

Entire Agreement: This Lease Agreement, and any addenda and attachments, shall constitute the entire agreement between Landlord and

Tenant, shall supersede any other written or oral agreements between Landlord and Tenant and can be modified only by a writing signed by

Landlord and Tenant. The failure to initial any page of this Lease Agreement shall not affect the validity or terms of this Lease Agreement.

Copies and Counterparts: A fully executed facsimile or electronic copy of the Lease Agreement shall be treated as an original.This Lease Agreement and any other documents required by this Lease Agreement may be executed by facsimile or other electronicmeans and in any number of counterparts, which shall become effective upon delivery as provided for herein, except that the Lead-based Paint Disclosure Statement may not be signed in counterpart. All counterparts shall be deemed to constitute one instrument,and each counterpart shall be deemed an original.

Servicemembers’ Civil Relief Act: If Tenant enters into military service or is a military service member and receives military ordersfor a change of permanent station or to deploy with a military unit or as an individual in support of a military operation for a period of90 days or more, Tenant may terminate this Lease Agreement by delivering written notice and a copy of Tenant’s official militaryorders to Landlord. In such a case, this Lease Agreement shall terminate 30 days after the next monthly rental payment is due. Militarypermission for base housing does not constitute a change of permanent station order.

Lease Agreement shall be awarded all their reasonable attorney fees and costs, along with all costs and fees incurred as a result of anycollection activity. Costs shall include, without limitation, expert witness fees, fees paid to investigators, and arbitration costs.

enter the Premises to retrieve and store Tenant’s personal property if Tenant dies during the term of this Lease Agreement. In the eventof Tenant’s death during the term of this Lease Agreement, Landlord may release Tenant’s personal property pursuant to the ARLTA.

Trustee’s Sale Notice: Per A.R.S. § 33-1331 Landlord shall notify Tenant in writing within five (5) days of receipt of a notice of trustee’ssale or other notice of foreclosure on the Premises. Tenant shall notify Landlord immediately upon receipt of any notice of trustee’s saleor other notice on the Premises. Landlord shall not allow the Premises to be foreclosed.

Tenant Obligations upon Vacating Premises: Upon termination of this Lease Agreement, Tenant shall surrender the Premisesto Landlord in the same condition as when the Agreement term commenced, reasonable wear and tear excepted; all debris willbe removed from the Premises; mail forwarded; and keys/garage door opener/entry gate opener returned to Landlord/PropertyManager/Authorized Representative. Tenant shall have all utilities on until completion of the move-out inspection.

Access: Tenant shall not unreasonably withhold consent to Landlord or Landlord’s representative(s) to enter into the Premises toinspect; make necessary or agreed repairs, decorations, alterations or improvements; supply necessary or agreed services; orexhibit the Premises to prospective or actual purchasers, mortgagees, tenants, workmen or contractors. Landlord may enter thePremises without consent of Tenant in case of emergency. Landlord shall not abuse the right to access or use it to harass Tenant.Except in case of emergency, Tenant’s written request for repairs, or if it is impracticable to do so, Landlord shall give Tenant atleast two days’ notice in writing of the intent to enter and enter only at reasonable times.

risks except for that caused by Landlord’s negligence. Landlord strongly recommends that Tenant obtain and keep renter’s insur-ance in full force and effect during the full term of this Lease Agreement.

Alterations and Improvements: Tenant shall not make any alterations, changes or improvements to the Premises withoutLandlord’s prior written consent. Tenant may be held responsible for any damages resulting from unauthorized alterations, changesor improvements as well as the cost to restore the Premises to its move-in condition.

Fire Sprinklers: The Premises does does not contain fire sprinklers. If yes, Tenant shall notify Landlord if thesprinklers are not working properly or are missing from the Premises.

X

AZ Premier


242. Construction of Language: The language of this Lease Agreement shall be construed according to its fair meaning and not243. strictly for or against either party. All singular and plural words shall be interpreted to refer to the number consistent with circumstances244. and context.

245. Court Modification: If any provision of this Lease Agreement is found by a court to be invalid, illegal or vague, the parties agree246. that such provision shall be modified or stricken by the court to the minimum extent deemed necessary to make it valid, legal and247. enforceable and that all other provisions of this Lease Agreement shall remain in full force and effect.

248. Days: All references to days in this Lease Agreement shall be construed as calendar days and a day shall begin at 12:00 a.m.249. and end at 11:59 p.m.

250. Notices: Unless otherwise provided for by statute or by agreement of the parties, all notices herein shall be in writing and shallbe delivered to Landlord at the address set forth herein and to Tenant at the Premises and shall be sent by registered or cer-251.tified mail, or personally delivered. Such notice shall be deemed received on the date the notice is actually received or five252.

253. (5) days after the date the notice is mailed by registered or certified mail, whichever occurs first.

254. Additional Terms:

255.

256.

257.

258.

259.

260.

261.

262.

263.

264.

265.

266.

267.

268.

269.

270.

271. Tenant Acknowledgment: By signing below, Tenant acknowledges that: (i) A free copy of the Arizona Residential Landlord272. and Tenant Act is available through the Arizona Department of Housing; (ii) Landlord shall furnish upon move-in, a move-in273. form for specifying any existing damages to the Premises and Tenant shall return the completed move-in form to Landlord274. within five (5) days or days of occupancy or Tenant accepts the Premises in its existing condition; (iii)275. Tenant is hereby notified that Tenant is entitled to be present at the move-out inspection; (iv) Tenant understands and276. agrees to the terms and conditions of this Lease Agreement, and acknowledges a receipt of a copy of all (eight) 8 pages of277. the Lease Agreement and any addenda.

278. INDEMNITY AND RELEASE: THE PARTIES TO THIS LEASE AGREEMENT AGREE TO INDEMNIFY AND HOLD HARMLESS279. BROKERS, PROPERTY MANAGERS, AND ANY OF THEIR RESPECTIVE AGENTS, REPRESENTATIVES OR EMPLOYEES280. FROM ANY LOSS, CLAIM, LIABILITY OR EXPENSE ARISING FROM INJURY TO ANY PERSON OR DAMAGE TO OR281. LOSS OF ANY PROPERTY, IN ANY WAY CAUSED BY THE PARTIES AND TENANT'S FAMILY, GUESTS, INVITEES,282. AGENTS, PETS OR OTHERS UNDER THEIR CONTROL.


284.

Terms of Acceptance: This offer will become a binding lease agreement when acceptance is signed by Landlord and a signed285.copy delivered in person, by mail, facsimile or electronically, and received by Broker on behalf of Tenant if applicable, or286.

, at a.m. p.m., Mountain Standard Time. Tenant may287.withdraw this offer at any time prior to receipt of Landlord's signed acceptance. If no signed acceptance is received by this date and288.time, this offer shall be deemed withdrawn.289.

>>





by Tenant no later than

283. (LANDLORD'S INITIALS REQUIRED)LANDLORD LANDLORD

Tenant will have mailbox re-keyed at tenants expense.The property is a non-smoking property.

AZ Premier

Residential Lease Agreement >>


>>

Page 7 of 8

292. Broker on behalf of Tenant:

293.PRINT SALESPERSON'S NAME PRINT FIRM NAME FIRM CODEAGENT CODE

294.FIRM ADDRESS CITY STATE ZIP CODE

295.TELEPHONE FAX EMAIL

296. Agency Confirmation: The Broker is the agent of (check one):

Tenant exclusively; or both Tenant and Landlord297.

298. The undersigned agree to lease the Premises on the terms and conditions herein stated and acknowledge receipt of a copy

299. hereof including Tenant Attachment.

300.^ TENANT'S SIGNATURE MO/DA/YR ^ TENANT'S SIGNATURE MO/DA/YR

301.ADDRESS

302.CITY STATE ZIP CODE

LANDLORD ACCEPTANCE

303. Broker on behalf of Landlord:

304.PRINT SALESPERSON'S NAME PRINT FIRM NAME FIRM CODEAGENT CODE

305.FIRM ADDRESS CITY STATE ZIP CODE

306.TELEPHONE FAX EMAIL

307. Broker is not authorized to receive notices or act on behalf of Landlord unless indicated below.

308. Agency Confirmation: The Broker is the agent of (check one):

Landlord exclusively; or309. both Landlord and Tenant

310. Property Manager, if any, authorized to manage the Premises and act on behalf of Landlord pursuant to separate

311. written agreement:

312.NAME TELEPHONE

313.FIRM TELEPHONE

314.ADDRESS CITY STATE ZIP CODE

315. Person authorized to receive service of process, notices, and demands is:

316.NAME / LANDLORD'S NAME

317.PROPERTY MANAGER / AUTHORIZED REPRESENTATIVE TELEPHONE

318.ADDRESS CITY STATE ZIP CODE

c/o




290. THIS LEASE AGREEMENT CONTAINS (EIGHT) 8 PAGES EXCLUSIVE OF ANY ADDENDA AND ATTACHMENTS. PLEASE291. ENSURE THAT YOU HAVE RECEIVED AND READ ALL (EIGHT) 8 PAGES AS WELL AS ANY ADDENDA AND ATTACHMENTS.

Your Name MLS IDAZ Premier Realty Homes &

Land LLC APRH01

7055 W Bell Road Ste 2 Glendale AZ 85308

(623)594-7680 (623)594-7682 Your Email

Tenant Name

Brenda Ryan BR003Arizona Premier Realty Homes

& Land APRH01


(623)594-7680 (623)594-7682 [email protected]

X

Brenda Ryan (623)594-7680

Arizona Premier Realty Homes & Land (623)594-7680


AZ Premier

Residential Lease Agreement >>




TENANT TENANTLANDLORD LANDLORD Page 8 of 8

Page 8 of 8

319. Landlord Acknowledgment: Landlord has read this entire Agreement. Landlord acknowledges that Landlord understands the320. terms and conditions contained herein. Landlord accepts and agrees to be bound by the terms of this Lease Agreement.321. Landlord has received a signed copy of this Lease Agreement and directs the Broker to deliver a signed copy to Tenant, and to any other322. Broker involved in this Lease Agreement.

323. LANDLORD ACKNOWLEDGES THAT LANDLORD HAS PROVIDED THE REQUIRED INFORMATION ON RESIDENTIAL324. RENTAL PROPERTY TO THE APPLICABLE COUNTY ASSESSOR.

325. Counter Offer is attached, which is incorporated herein by reference. If there is a conflict between this Lease Agreement326. and the Counter Offer, the provisions of the Counter Offer shall be controlling. (Note: If this box is checked, Landlord327. should sign both Lease Agreement and Counter Offer.)

328.^ SIGNATURE OF LANDLORD OR PROPERTY MANAGER (IF AUTHORIZED) MO/DA/YR

MO/DA/YR

329.

PRINT LANDLORD NAME

PRINT LANDLORD NAME

332.PRINT PROPERTY MANAGER NAME

333.ADDRESS ADDRESS

334.CITY STATE ZIP CODE CITY STATE ZIP CODE

335. OFFER REJECTED BY LANDLORD OR PROPERTY MANAGER (IF AUTHORIZED):

,MONTH DAY YEAR (LANDLORD'S INITIALS)

For Broker Use Only:

Brokerage File/Log No. Manager's Initials Broker's Initials DateMO/DA/YR

330.^ SIGNATURE OF LANDLORD OR PROPERTY MANAGER (IF AUTHORIZED)

331.

Owner Name

Brenda Ryan

7055 W Bell Road Ste 2

Glendale AZ 85308

AZ Premier

Agency

Agency is used to determine who represents who??? In every transaction, we must disclose

our agency relationship. We do this by using the Real Estate Agency Disclosure and

Election or Consent for Limited Representation form… The buyers or sellers elects the

type of representation, and authorizes the agent to show them properties already listed by the

same company.

Here are the choices:

- Representing the Landlord exclusively (Listing Agent)

- Representing the Tenant exclusively (Selling Agent)

- Representing both Landlord & Tenant (Dual Representation)

***In the event, the company is property managing the home, then it can not be dual agency…

The brokerage will only be representing the landlord as single agency***

Agency

Created

by:

Types of

Agency Agent

Represents

Express Written

Agreement

Listing Agreement, Buyer

Broker Employment

Agreement,

Tenant Representation

Agreement, Property

Management

Agreement, Right to

Lease Agreement

Implied Agency

Acts and/or speaks like

an agent

Single Agency

Dual Agency Buyer AND Seller

Buyer OR Seller

***Be aware if you are personally the seller or buyer

you can not do dual agency***

REAL ESTATE AGENCY DISCLOSURE AND ELECTIONThe pre-printed portion of this form has been drafted by the Arizona Association of REALTORS®. Any





Firm Name (“Broker”)

acting through

Document updated:

January 2009

1.

2.

Real Estate Agency Disclosure and Election • Updated: January 2009 • Copyright © 2009 Arizona Association of REALTORS®. All rights reserved.

Phone: Fax:


hereby makes the following disclosure.

LICENSEE’S NAME

DISCLOSURE

3. Before a Seller or Landlord (hereinafter referred to as “Seller”) or a Buyer or Tenant (hereinafter referred to as “Buyer”) enters into

4. a discussion with a real estate broker or licensee affiliated with a broker, the Seller and the Buyer should understand what type of agency

5. relationship or representation they will have with the broker in the transaction.

6. Buyer’s Broker: A broker other than the Seller’s broker can agree with the Buyer to act as the broker for the Buyer. In theseI.

7. situations, the Buyer’s broker is not representing the Seller, even if the Buyer’s broker is receiving compensation for services

8. rendered, either in full or in part, from the Seller or through the Seller’s broker:

9. A Buyer’s broker has the fiduciary duties of loyalty, obedience, disclosure, confidentiality, and accounting in dealings with the Buyer.a)

10. b) Other potential Buyers represented by broker may consider, make offers on, or acquire an interest in the same or similar

11. properties as Buyer is seeking.

12. II. Seller’s Broker: A broker under a listing agreement with the Seller acts as the broker for the Seller only:

13. a) A Seller’s broker has the fiduciary duties of loyalty, obedience, disclosure, confidentiality, and accounting in dealings with the Seller.

14. b) Other potential Sellers represented by broker may list properties that are similar to the property that Seller is selling.

15. III. Broker Representing both Seller and Buyer (Limited Representation): A broker, either acting directly or through one or more

16. licensees within the same brokerage firm, can legally represent both the Seller and the Buyer in a transaction, but only with the

17. knowledge and informed consent of both the Seller and the Buyer. In these situations, the Broker, acting through its licensee(s),

18. represents both the Buyer and the Seller, with limitations of the duties owed to the Buyer and the Seller:

19. a) The broker will not, without written authorization, disclose to the other party that the Seller will accept a price or terms other than

20. stated in the listing or that the Buyer will accept a price or terms other than offered.

21. b) There will be conflicts in the duties of loyalty, obedience, disclosure and confidentiality. Disclosure of confidential information may

22. be made only with written authorization.

23. Regardless of who the Broker represents in the transaction, the Broker shall exercise reasonable skill and care in the performance of the

24. Broker’s duties and shall be truthful and honest to both the Buyer and Seller and shall disclose all known facts which materially and adversely

25. affect the consideration to be paid by any party. Pursuant to A.R.S. §32-2156, Sellers, Lessors and Brokers are not obligated to disclose that

26. a property is or has been: (1) the site of a natural death, suicide, homicide, or any crime classified as a felony; (2) owned or occupied by a

27. person exposed to HIV, or diagnosed as having AIDS or any other disease not known to be transmitted through common occupancy of real

28. estate; or (3) located in the vicinity of a sex offender. Sellers or Sellers’ representatives may not treat the existence, terms, or conditions of

29. offers as confidential unless there is a confidentiality agreement between the parties.

30. THE DUTIES OF THE BROKER IN A REAL ESTATE TRANSACTION DO NOT RELIEVE THE SELLER OR THE BUYER FROM THE

31. RESPONSIBILITY TO PROTECT THEIR OWN INTERESTS. THE SELLER AND THE BUYER SHOULD CAREFULLY READ ALL

32. AGREEMENTS TO ENSURE THAT THE DOCUMENTS ADEQUATELY EXPRESS THEIR UNDERSTANDING OF THE TRANSACTION.

ELECTION

33. Buyer or Tenant Election (Complete this section only if you are the Buyer.) The undersigned elects to have the Broker (check any that apply):



36. show Buyer properties listed with Broker’s firm and Buyer agrees that Broker shall act as agent for both Buyer and Seller provided that

37. the Seller consents to limited representation. In the event of a purchase, Buyer’s and Seller’s informed consent should be

38. acknowledged in a separate writing other than the purchase contract.

39. Seller or Landlord Election (Complete this section only if you are the Seller.) The undersigned elects to have the Broker (check any that apply):



42. show Seller’s property to Buyers represented by Broker’s firm and Seller agrees that Broker shall act as agent for both Seller and

43. Buyer provided that Buyer consents to the limited representation. In the event of a purchase, Buyer’s and Seller’s informed consent

44. should be acknowledged in a separate writing other than the purchase contract.

45. The undersigned Buyer(s) or Seller(s) acknowledge that this document is a disclosure of duties. This document is not an employment agreement.

46. I/WE ACKNOWLEDGE RECEIPT OF A COPY OF THIS DISCLOSURE.

^ PRINT NAME

47.

^ PRINT NAME

48.

^ SIGNED MO/DA/YR ^ SIGNED MO/DA/YR



AZ Premier Realty Homes & Land LLC

Your Name

X

X

X


623.594.7680 623.594.7682AZ Premier

BROKER REPRESENTS BOTH SELLER AND BUYER OR BOTH LANDLORD AND TENANTDocument updated:

December 2002





consult your attorney, tax advisor or professional consultant.

Phone: Fax:


Copyright © 2002 Arizona Association of REALTORS®. All rights reserved.

Consent to Limited Representation ("Consent") • Updated: December 2002

CONSENT TO LIMITED REPRESENTATION ("CONSENT")

Buyer/Tenant ("Buyer"):1.

2. Seller/Landlord ("Seller"):

3. Subject Property:

4. Firm Name ("Broker"):

5. Consent: Buyer and Seller consent that Broker, acting through the Licensee(s) named below, will represent both parties in the transaction.

6. One Licensee:(NAME)

7. Two Licensees: , who, through the Broker, has been representing the Buyer;(NAME)

8. and , who, through the Broker, has been representing the Seller.(NAME)

9. Duties and Limitations: The Broker now represents both Buyer and Seller and both parties understand that neither Broker nor Broker's

10. Licensee(s) can represent the interests of one party to the exclusion or detriment of the other party. The parties understand and further

11. consent to the following:

12. a) The Licensee or each Licensee represents both the Buyer and the Seller with limitations of the duties owed to the Buyer and the

13. Seller, such as:

14. 1) The Licensee(s) will not, without written authorization, disclose to the other party that the Seller will accept a price or terms

15. other than stated in the listing or that the Buyer will accept a price or terms other than offered;

16. 2) There will be conflicts in the duties of loyalty, obedience, disclosure and confidentiality. Disclosure of confidential information

17. may be made only with written authorization. This does not relieve each Licensee of any legal obligation to disclose all known

18. facts which materially and adversely affect the consideration to be paid by any party to the transaction.

19. 3) Pursuant to A.R.S. §32-2156, Sellers, Lessors and Broker/Licensee(s) are not obligated to disclose that the Subject Property

20. is or has been: (1) the site of a natural death, suicide, homicide, or any crime classified as a felony; (2) owned or occupied by

21. a person exposed to HIV, or diagnosed as having AIDS or any other disease not known to be transmitted through common

occupancy of real estate; or (3) located in the vicinity of a sex offender.22.

23. b) The Licensee(s) shall exercise reasonable skill and care in the performance of their duties.

24. c) The Licensee(s) shall be obligated at all times to deal honestly with all parties.

25. d) The duties of the Licensee(s) in this transaction do not relieve the Seller or the Buyer from the responsibility to protect their own interests.

26. Compensation: Compensation to the Broker shall be paid pursuant to separate agreement(s).

Prior Agreements: Seller and Buyer understand this Consent does not replace prior agreements entered into with Broker and27.

such agreements shall remain in effect. However, to the extent that the terms of this Consent contradict or conflict with the terms28.

of prior agreements, this Consent shall supersede.29.

30. Termination: If the Seller and Buyer do not enter into a contract relating to the Subject Property or if the transaction between the

31. Seller and the Buyer fails to close, the parties agree that this Consent is terminated, and the parties shall have no further rights or

32. obligations pursuant to this Consent.

33. Indemnification: Seller and Buyer agree to indemnify and hold Broker harmless against any and all claims, damages, losses,

34. expenses or liabilities including attorneys' fees and costs incurred by Broker in any defense thereof arising from Broker's role of

35.

THE UNDERSIGNED PARTIES ACKNOWLEDGE THAT THEY HAVE THOROUGHLY READ, UNDERSTOOD AND APPROVED THIS

CONSENT AND ACKNOWLEDGE RECEIPT OF A COPY.

36.

37.

38.

39.^ SELLER'S SIGNATURE

^ BUYER'S SIGNATURE

limited representation.

MO/DA/YR MO/DA/YR

MO/DA/YR MO/DA/YR^ SELLER'S SIGNATURE

^ BUYER'S SIGNATURE



AZ Premier Realty Homes & Land LLC


Move – In Checklist / Walk - Through…

Coaching your client on the purpose and how to perform a proper move

in inspection is extremely helpful to all parties involved. The move in

checklist is for the purpose of documenting the initial condition of the

home. It is not a fix it checklist!! The intent of the move in checklist is for

your clients to not be held responsible for an item that was not in good

condition at time of move in.

Example move in notation: Black scuff marks on baseboard in hallway,

stains on carpet in living room…

***Pictures can be incorporated in the move in inspection***

Unless the item is a heath hazard it will be noted but not repaired…

Health hazards…

Mold, A/C, water heater leak, Kitchen appliance not working…

Per lines 271 – 277 the tenant has 5 days to complete the move in

checklist after occupancy. It also states the tenants right to be present for

the move out on the property.

The walk through form is utilized in our office to ensure that the tenant’s

representative has expressed the tenants right to the move in checklist.

All tenant’s should be aware where they can locate their rights and the

landlord tenant act… These can be found at www.azsos.gov.

http://www.azsos.gov/

Arizona Premier Realty Homes & Land

Final Walk Through/Tenant Acknowledgement

Landlord: ___________________________________________________________________________________

Tenant: _____________________________________________________________________________________

Premises Address: ___________________________________________________________________________

Upon advice of Broker, and in accordance with the provisions of the Lease relating to tenant acknowledgement.

Tenant has taken possession and acknowledged the acknowledgement requirements on ____________________.

Pursuant to Page 2 per line 74 of the AAR Residential Lease Agreement, the tenant has paid the balance due upon

move in.

Pursuant to lines 272 – 274 of the AAR Residential Lease Agreement, the tenant has been provided a

MOVE-IN/MOVE-OUT CONDITION form. Tenant shall return the completed the form to the Landlord/Property

Manager within five days of possession.

Furthermore, the tenant understands that in the event the move-in form is not submitted to the landlord/property

manager in the above specified time frame, the tenant will be liable for the condition of the premises upon move out.

Tenant Initials: ______ ______

Keys: Landlord has delivered to premises _____ Door _____ Pool _____Mail Box _____ Entry Gate

_____Garage Door Openers _____ Others: ________________________________________________

Notations:

_____________________________________________________________________________________

_____________________________________________________________________________________

References:

Arizona Landlord Tenant Act: Arizona Department of Housing - www.azhousing.gov

Pool Safety Laws: Arizona Department of Health Services – www.azdhs.gov/phs/oeh/pool_rules.htm

Tenant Acknowledgement:

Signature Date Signature Date

7200 W Bell Road Suite I-400 Glendale, AZ 85308 Office: (623) 594.7680 Fax: (623) 594.7682

MOVE-IN / MOVE-OUT CONDITION CHECKLISTDocument:

August 2012





consult your attorney, tax advisor or professional consultant.REAL SOLUTIONS. REALTOR® SUCCESS

THIS CHECKLIST is hereby made a part of the Residential Lease Agreement dated by and between

Landlord:

Tenant:

Premises Address:

Move-in Date

Inspection Date

Move-out Date

Inspection Date

Complete the move-in section of this form and return it to your Landlord within five (5) days or days after occupancy.

All items are deemed to be in good condition unless noted otherwise. Test all locks, window latches, smoke detectors, and

equipment. This form is not a repair request. Submit all requests for repairs separately in accordance with your lease. You and your

Landlord will also use this form upon move-out. Keep a copy for your records. Note any defects in the items listed below. If you fail to

return this form you will be held responsible for any damages, and you will be accepting the Premises in its current condition.

EXTERIOR ITEMS

Fences & Gates

Lawn (Trees / Shrubs / Landscaping)

Paint

Front Door — Door Knob and Locks

Back Door — Door Knob and Locks

Fountain

Grill

Swimming Pool

Hot tub / Spa

Other:

Water Shut-Off Valve Located? Yes No Breaker Panel Located? Yes No

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

MOVE-IN CONDITION MOVE-OUT CONDITION

COMMENTS:

GARAGE / CARPORT MOVE-IN CONDITION MOVE-OUT CONDITION

Ceilings, Walls, Baseboards Good Other

Floor / Driveway Good Other

Auto Door Opener Good Other

Remotes Good Other

Garage Door Good Other

Plugs & Switches Good Other

Other: Good Other

COMMENTS:

ENTRY & HALL MOVE-IN CONDITION MOVE-OUT CONDITION

Ceiling, Walls (Paint), Baseboards, Vent Covers Good Other

Doors (Close properly / Condition) Good Other

Flooring Good Other

Stairwell / Handrails Good Other

Light Fixtures Good Other

Closet Shelves & Rods Good Other

Other: Good Other

COMMENTS:

Move-In / Move-Out Condition Checklist • August 2012 • Copyright © 2012 Arizona Association of REALTORS®. All rights reserved.

PAGE 1 of 6Phone: Fax:


Page 1 of 6

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AZ Premier Realty Homes & Land 7200 W. Bell Rd # I - 400 Glendale, AZ 85308 623.594.7680 623.594.7682Mandy Neat AZ Premier

LIVING ROOM MOVE-IN CONDITION MOVE-OUT CONDITION


Fireplace Good Other


Flooring (Note burns, tears, stains) Good Other

Lights & Ceiling Fans Good Other

Windows & Screens Good Other

Window coverings Good Other


Other: Good Other

KITCHEN MOVE-IN CONDITION MOVE-OUT CONDITION


Flooring Good Other

Lights Good Other


Cabinets (Close properly / Condition) Good Other

Drawers (Close properly / Condition) Good Other

Countertops Good Other

Sink & Faucet Good Other

Disposal Good Other

Dishwasher Good Other

COMMENTS:

Microwave

Refrigerator

Stove

Fan, filter & hood

Other:

COMMENTS:

Good Other

Good Other

Good Other

Good Other

Good Other

DINING ROOM MOVE-IN CONDITION MOVE-OUT CONDITION


Flooring Good Other





Other:

COMMENTS:

Good Other

MASTER BEDROOM MOVE-IN CONDITION MOVE-OUT CONDITION









Other: Good Other

COMMENTS:



Move-In / Move-Out Condition Checklist >> Page 2 of 6

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AZ Premier

BEDROOM #2 MOVE-IN CONDITION MOVE-OUT CONDITION









Other: Good Other

COMMENTS:

BEDROOM #3 MOVE-IN CONDITION MOVE-OUT CONDITION









Other: Good Other

COMMENTS:

BEDROOM #4 / DEN / LOFT MOVE-IN CONDITION MOVE-OUT CONDITION









Other: Good Other

COMMENTS:

BATHROOM (MASTER) MOVE-IN CONDITION MOVE-OUT CONDITION



Flooring Good Other





Sinks & Faucets Good Other

Soap dishes, towel bars, shower rod, Good Other

paper holders secure

Mirrors Good Other

Medicine Cabinet Good Other

Tub / Shower & Faucets Good Other

Toilet Good Other

Plumbing working properly Good Other



Move-In / Move-Out Condition Checklist >> Page 3 of 6

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AZ Premier

Linen Closet Good Other

Fan Good Other

Other: Good Other

COMMENTS:

BATHROOM #2 MOVE-IN CONDITION MOVE-OUT CONDITION



Flooring Good Other






Soap dishes, towel bars, shower rod Good Other


Toilet Good Other


Fan Good Other

Other: Good Other

COMMENTS:

BATHROOM #3 MOVE-IN CONDITION MOVE-OUT CONDITION



Flooring Good Other






Soap dishes, towel bars, shower rod Good Other


Toilet Good Other


Fan Good Other

Other: Good Other

COMMENTS:

UTILITY / LAUNDRY ROOM MOVE-IN CONDITION MOVE-OUT CONDITION

Fan Good Other


Sink Good Other

Washer Good Other

Dryer Good Other

Washer / Dryer Hookups Good Other

Dryer Vent Good Other



Switches Good Other

Other: Good Other

COMMENTS:

Move-In / Move-Out Condition Checklist >>



Page 4 of 6

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AZ Premier

ADDITIONAL ROOM

MOVE-IN CONDITION MOVE-OUT CONDITION

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

Good Other

Room Name:

OTHER MOVE-IN CONDITION MOVE-OUT CONDITION

Heating Good Other

A/C Good Other

Swamp Cooler Good Other

Filters size: Good Other

Fire Sprinklers

Security Alarm

Smoke Detector(s)

Carbon Monoxide Detector

Trash Removed

Good Other

Good Other

Yes No

Yes No

Yes No

Yes No

Yes No

COMMENTS:

FIXTURE / PERSONAL PROPERTY INVENTORYThe following fixtures / personal property are also included in the Residence (check all that apply):

Refrigerator

Stove

Dishwasher

Washer

Dryer

QUANTITY BRAND COLOR SERIAL # CONDITION

COMMENTS:



Move-In / Move-Out Condition Checklist >>Page 5 of 6

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AZ Premier

Move-In / Move-Out Condition Checklist >>

Landlord and Tenant acknowledge that video and/or photos (digital or otherwise) may have been taken of the Premises condition and arein Landlord’s possession. Tenant may take video and/or photos at Tenant’s own expense.

TENANT AGREES that the above information is an accurate account of the condition and contents of the Premises and acknowledges

receiving a copy hereof. Tenant understands that unless otherwise noted, all discrepancies will be Tenant’s responsibility and will be

deducted from the security deposit at time of move out.

*** PLEASE MAKE A COPY FOR YOUR RECORDS ***

MOVE-IN

Completed on this day of , .

^ NAME (PLEASE PRINT) ^ SIGNATURE DATE


This checklist must be signed and dated by the Landlord or Property Manager to be deemed received.

^ LANDLORD/PROPERTY MANAGER DATE

MOVE-OUT

Completed on this day of , .



This checklist must be signed and dated by the Landlord or Property Manager to be deemed received.

^ LANDLORD/PROPERTY MANAGER DATE



For Broker Use Only:

Brokerage File/Log No. Manager's Initials Broker's Initials DateMO/DA/YR

Page 6 of 6

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AZ Premier

Company Procedures…

After you take a rental listing you need to turn in a new listing request

sheet to the office. Once your file is created in the sure close system you

will receive an email to upload your file. If you do not have your

username and password, let the office know right away.

Once your listing rents you will turn in a new sales request sheet to the

office. The same procedure applies as above. Be aware that E & O

insurance does apply to rentals in the same way as sales.

In the event you represent the tenant only you will need to turn in a file if

your name is on the lease agreement. If your name is not on the lease

agreement you will not need to turn in a file. You will still be compensated

however, E & O will not apply and you will be paid as a referral.

To access the online file system go to www.azpremierrealty.com and click

on file login… You will need to be utilizing Internet Explorer to upload your

files in the sureclose system.

http://www.azpremierrealty.com/

Homework…

1. Your clients have found the perfect rental home… They are

concerned with the upfront cost of moving into the home. They would

like to move in on June 25th for a year term. The rent is $1,200

monthly, the home is located in Peoria, security is equal to the first

month rent and a $250 cleaning deposit applies… The application fee

is $50 and the earnest money is $1,000. What does your client need

to secure the property? How much does your client need at time of

possession? How could you attempt to reduce the upfront cost?

2. Your neighbor just called and they would like to rent out their home….

Pull comparable to figure out the fair market value for the rental. How

much would suggest your client charge for deposits? Fill out the ER

agreement accordingly.

3. The tenant was approved!! Time to write the lease… Write a lease

for your personal residence, privilege tax applies, determine fair

market value of your rental. Do not waive deposits.