Agreement for Exclusivity of Listing for Lease of Property


The form below is a very basic one. Chances are you will need something more comprehensive.

AGREEMENT FOR EXCLUSIVITY OF LISTING FOR LEASE OF PROPERTY

 

This agreement is effective as of ________________________ (Date), between ______________________________, of _________________________________________ (Address)," broker" and _____________________________________, of ____________________________________________________ (Address), "owner".

PART I.

EMPLOYMENT OF BROKER

In consideration of the services to be rendered by broker, the owner employs broker as his exclusive agent. The broker will procure tenants for rental units located at ______________________________ (Address).

PART II.

COMMISSION

As compensation for the efforts of broker, he will receive commission for each tenant procured in the amount of _________ percent of each months rent.

PART III.

TERM

This agreement can be terminated by either party on __________ days written notice.

PART IV.

ADVERTISING

The broker is authorized to advertise the rental units however he sees fit. The broker may also place his signs on the premises and remove all other signs.

PART V.

GOVERNING LAW

It is agreed that this agreement shall be governed and enforced in accordance with the laws of the state of _________________________ (State).

PART VI.

ARBITRATION OF DISPUTES

All disputes, claims, and questions regarding the rights and obligations of the parties under the terms of this agreement are subject to arbitration. Either party may file a demand in writing with the other party within __________ days after the dispute arises. Arbitration shall be conducted by ____________________________ (Set Forth Terms) of arbitration, such as: _____________________________________________.

In witness whereof, each party to this agreement has caused it to be executed at _______________________________________ (Location) on _____________ (Date)

_________________________ _____________________    

Signature Date

_________________________ _____________________

Signature Date

 

 

Warning:

These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.

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