|
|
|
Creative
and Professional Web Site Design for Small Businesses
and Individuals
|
|
|
|
|
|
|
|
|
|
|
|
Small
Business Home >> Useful
Standard Legal Documents >>
Contract Employing Real Estate Broker
for Lease of Property
This agreement dated __________(1)___________, is made By
and Between ________(2)__________, whose address is __________(3)__________,
referred to as "Owner", AND ____________(4)_________,
whose address is ________(5)__________, referred to as "Broker."
1. Property. Owner is the owner of the following real estate:
2. Employment of Broker. Owner gives the Broker the sole
right to rent space in the above property to prospective tenants.
3. Commission. Owner agrees to pay the Broker a commission
of __(6)__ DOLLARS ($_________) for services in obtaining
the tenants and in negotiating and closing each lease. Owner
reserves the right to reject any such lease and will not be
responsible for any commission unless and until Owner accepts
the lease and receive payment therefore. A commission of __(7)__
DOLLARS ($_________) will be payable for renewals of leases
originally obtained by the Broker. All commissions will be
paid out of rents received.
4. Sole Agency. I agree to refer all inquiries from prospective
tenants or their agents to the Broker. The Broker agrees to
use his or her best efforts to lease the property to such
prospects.
5. Other Brokers. The Broker agrees to obtain the assistance
of other brokers, as required, and to pay same out of the
aforesaid commissions provided for in this agreement. In no
event shall Owner be liable for additional commissions due
to the efforts of any other broker.
6. Advertisement. The Broker and all other brokers as noted
above shall be entitled to advertise the rental of this property
and take all necessary steps in accordance with this agreement.
7. Signs. The Broker will provide suitable sign or signs
to be placed on the property, subject to my approval.
8. Term of Agreement. This agreement shall remain effective
until ________(8)__________, unless terminated prior thereto.
9. Termination. Either party may terminate this contract
on twenty (20) days notice. Such termination shall not limit
the Brokers right to commissions resulting from pending negotiations
and pending leases. However, no commissions shall be paid
from rents received three (3) months after the termination
of this agreement.
10. Signatures. Both the Broker and Owner agree to the above:
Witnessed by: ___________(9)________________ ____________(10)______________
"OWNER"
___________(9)________________ ___________(11)______________
"BROKER"
NOTICE
The information in this document is designed to provide an
outline that you can follow when formulating business or personal
plans. Due to the variances of many local, city, county and
state laws, we recommend that you seek professional legal
counseling before entering into any contract or agreement.
If this document is of use
to you, please provide a link back to Hoover Web Design.
Return
to Making Money Online with Your Own Home Business
|
