This listing agreement (this "contract") is an agreement between Urban Igloo, LLC (sometimes, "we" and "us", or "the Broker") and you, the landlord or authorized agent of the landlord. This contract consists of our questions about your rental property (the "Rental Property"), your written responses to our questions (the "Rental Information"), and the terms below:

PART I: THE TERM OF CONTRACT

This contract commences when executed and ends on 2026-03-14, but is cancellable on twenty (20) days' notice as defined below. The period from execution to expiration is known as the "listing period." This agreement shall not automatically renew and no cancellation notice is necessary to terminate this agreement at the end of the listing period.

PART II: THE TYPE OF CONTRACT:

This is an "open listing" agreement: the broker earns a fee on the lease of the property during the listing period, excluding the landlord completing a lease with a renter found on their own, or any other broker. We collect a fee only if and when a Renter provided by us is accepted into a Lease of your property, whether it is the unit you listed, or another unit you showed the Renter that the Renter agreed to lease.

PART III: WHERE URBAN IGLOO WILL LIST YOUR PROPERTY:

Services: We will display this listing on Urban Igloo's website. You authorize us to use the Rental Information to market the property in such print and electronic media, industrial and social media (including but not limited to Craig's list) and web-based and mobile technologies, including video as we may in our sole discretion determine. We reserve the right not to post, list, market or bring a lease to any rental property for any reason (or no reason) at any time in our discretion.

PART IV: OUR FEE

Our brokerage, referral and /or marketing fee (our "fee" or "fees") is the equivalent of one month's rent for a twelve month lease term per unit rented (each, a "Rental Unit"), and is equivalent to one and one half month's rent for a 13-36 month term per Rental Unit, in the lease you agree to with a Renter (each, a "Lease"). At lease execution, you or we will collect certified funds for a security deposit in the amount stated in the Lease, made out to you (the landlord) and forwarded to you; and certified funds for one month’s rent made out to "Urban Igloo, LLC", to be credited to the Renter under the Lease (the "Renter") as the first month's rent. As the Renter has paid us the first month's rent, or an amount equivalent to one and one half month's rent for a 13-36 month term, per Rental Unit, the certified funds (upon collection) will serve as our fee. We will not charge you a fee if you lease your rental(s) on your own.

"Rent" means the annualized amount of income a Renter agrees to pay for a Rental Unit. We earn our fee when you and a Renter sign a Lease.

PART V: You agree to each of the following additional terms:

1.           You will endeavor to update us with the Rental Information, including units available or not available and their price changes, whenever it becomes inaccurate, within 24 hours.

2.           Whether or not you have notified us, you authorize us to offer the Rental Unit(s) you have told us about at the lowest price you are offering that Rental Unit to anyone anywhere. You give us the right and license to use the Rental Information in providing our services to you. You will be solely responsible for the truth, correctness, completeness and accuracy of the Rental Information. You will indemnify and hold us harmless from any claim, loss or liability of any kind (including attorneys fees) resulting from the use of the Rental Information.

3.           You will have the sole and final responsibility for determining whether or not to enter into a Lease with any prospective renter (i.e., a renter provided by us). UI will only collect a fee if and when you approve the applicant(s) provided by UI, and a lease is executed.

4.           You will not enter into a Lease of any property to a prospective renter provided by us without paying us, nor will you refer any prospective renter to a third party who enters into a lease with that renter, without paying us the amount calculated as our fee.

5.           We will decide in our sole discretion what services are appropriate for the property, its condition and its location. We may provide services identical or similar to those provided to you, to any other person or entity, including your competitors, on the same terms or different terms.

6.           You will comply with all applicable laws (including but not limited to the Gramm-Leach-Bliley Act and the Fair Credit Reporting Act) with respect to the use, protection and re-disclosure of any confidential non-public personal information regarding our customers or us that we might provide to you.

7.           If you terminate this contract upon 20 calendar days' written notice in advance, you will pay us fees in accordance with this contract for each lease you enter into with a prospective renter provided by us if the renter enters a lease with you within 6 months after the termination date.

8.           We will not, under any circumstances, be liable to you or any third party for consequential, incidental, special or exemplary damages arising out of or relating to this contract or our providing you services, whether based on contract, tort (including negligence or strict liability) or any other legal theory, even if we have been advised of the possibility of such damages, and our aggregate liability under this contract shall be limited to the total fees you pay us.

We are not aware of any possible conflicts of interest, except as disclosed in this agreement, but we do have a continuing duty to timely disclose in a reasonably practicable period of time to you, the landlord, any conflicts of interest.

9.           This contract contains the entire understanding between you and us with respect to the services described in this contract and supersedes all earlier agreements and understandings, inducements or conditions, whether express or implied, oral or written, between you and us.

10.       This contract binds you and us and your and our respective successors and assigns.

11.       If either party institutes an action to enforce its rights under this contract, the prevailing party will be entitled to recover its reasonable attorneys fees and costs paid or incurred in the action; provided, however, that we may refer any brokerage fees and late fees that are not timely paid to an attorney for collection, and you agree to pay all fees and costs we pay or incur in attempting to collect such late fees, including attorneys fees and costs.

12.       Our providing blank application forms does not constitute our delivering legal services or providing legal advice. (As we are not licensed to practice law, you should consult with a licensed attorney regarding the terms and conditions included in any Lease.)

13.       This is an agreement between us, as the broker, and you, as the landlord and/or authorized agent of the landlord. We are renter's agents. As a renter's agents, we will represent the interests of the renter unless otherwise disclosed, and/or agreed to in writing. We are not your management agent in the transactions described in this contract.

TAKE NOTICE: This agreement does not grant us the authority to execute a signed agreement of lease for you, does not grant us an option to purchase the listed property, and does not grant us the authority to confess judgment against the landlord for the real estate commissions in the jurisdiction of the Property, in the event of a lease. A Real Estate Recovery Fund exists to reimburse a person who has obtained a final civil judgment against a real estate licensee owing to fraud, misrepresentation or deceit in a real estate transaction and who has been unable to collect the judgment after exhausting legal and equitable remedies. Details about the Fund may be obtained by calling the respective State Real Estate Commission.

You attest to us by signing below that as the Owner of the Rental Property described above that: the Rental Information is true, correct, complete and accurate; you have reviewed the Rental Information, accept responsibility for the accuracy of the Rental Information, and agree to the terms of this contract; and you are either the owner or a contractually authorized agent for the Rental Property on the date of this contract.

 

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