Kings New York Appointment of Agent to Receive Rentals by Lessor

• Category: Oil Gas and Minerals - Agent Designations
• State: Multi-State
• County: Kings
• Control #: US-OG-190
• Format: Word; Rich Text

Description

This form is used by the Lessor to appoint an Agent, as Lessor's Agent and Attorney in Fact to receive, collect, issue receipts for, and execute division orders for all payments of rentals which may be paid to Lessor under the terms of an Oil and Gas Lease. Kings New York Appointment of Agent to Receive Rentals by Lessor is a legal document used by landlords or lessors in the state of New York to appoint an agent who will handle the receipt of rental payments on their behalf. This arrangement is particularly useful for landlords who may be unable or prefer not to personally handle rent collection. The appointed agent, also referred to as the authorized representative, assumes the responsibility of receiving rent payments from tenants and ensuring their timely delivery to the lessor. This document helps to establish a clear and formalized agreement between the lessor and the agent, ensuring that both parties understand their roles and obligations. Keywords: Kings New York, Appointment of Agent, Receive Rentals, Lessor, authorized representative, rent collection, tenants, timely delivery, roles, obligations. Types of Kings New York Appointment of Agent to Receive Rentals by Lessor: 1. Standard Appointment of Agent to Receive Rentals: This document establishes the basic agreement between the lessor and the authorized agent. It outlines the agent's responsibilities, the terms of appointment, and any specific instructions or limitations regarding the receipt of rental payments. 2. Limited Power of Attorney for Rent Collection: In certain cases, a lessor may grant limited power of attorney to the appointed agent, allowing them to perform additional tasks beyond rent collection. This could include handling lease agreements, property inspections, or maintenance requests on behalf of the lessor. 3. Appointment of Agent for Specific Rental Properties: This variation of the document is used when a lessor appoints an agent for a specific rental property or properties. It clarifies that the agent's responsibilities are limited to those particular properties and may include specific details relevant to the management of those properties. 4. Appointment of Agent for Multiple Lessor Properties: In cases where a lessor owns multiple rental properties, they may appoint a single agent to handle rent collection for all of their properties. This document specifies that the agent has the authority to collect rent from all the lessor's properties and outlines any additional responsibilities or terms specific to this arrangement. By utilizing Kings New York Appointment of Agent to Receive Rentals by Lessor, landlords can ensure a smooth and efficient rent collection process while maintaining clear communication with their tenants and authorized agents. It is essential to consult with a legal professional to tailor the document to specific circumstances and ensure compliance with local laws and regulations.

Kings New York Appointment of Agent to Receive Rentals by Lessor is a legal document used by landlords or lessors in the state of New York to appoint an agent who will handle the receipt of rental payments on their behalf. This arrangement is particularly useful for landlords who may be unable or prefer not to personally handle rent collection. The appointed agent, also referred to as the authorized representative, assumes the responsibility of receiving rent payments from tenants and ensuring their timely delivery to the lessor. This document helps to establish a clear and formalized agreement between the lessor and the agent, ensuring that both parties understand their roles and obligations. Keywords: Kings New York, Appointment of Agent, Receive Rentals, Lessor, authorized representative, rent collection, tenants, timely delivery, roles, obligations. Types of Kings New York Appointment of Agent to Receive Rentals by Lessor: 1. Standard Appointment of Agent to Receive Rentals: This document establishes the basic agreement between the lessor and the authorized agent. It outlines the agent's responsibilities, the terms of appointment, and any specific instructions or limitations regarding the receipt of rental payments. 2. Limited Power of Attorney for Rent Collection: In certain cases, a lessor may grant limited power of attorney to the appointed agent, allowing them to perform additional tasks beyond rent collection. This could include handling lease agreements, property inspections, or maintenance requests on behalf of the lessor. 3. Appointment of Agent for Specific Rental Properties: This variation of the document is used when a lessor appoints an agent for a specific rental property or properties. It clarifies that the agent's responsibilities are limited to those particular properties and may include specific details relevant to the management of those properties. 4. Appointment of Agent for Multiple Lessor Properties: In cases where a lessor owns multiple rental properties, they may appoint a single agent to handle rent collection for all of their properties. This document specifies that the agent has the authority to collect rent from all the lessor's properties and outlines any additional responsibilities or terms specific to this arrangement. By utilizing Kings New York Appointment of Agent to Receive Rentals by Lessor, landlords can ensure a smooth and efficient rent collection process while maintaining clear communication with their tenants and authorized agents. It is essential to consult with a legal professional to tailor the document to specific circumstances and ensure compliance with local laws and regulations.