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".
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).
As compensation for the efforts of broker, he will receive commission for each tenant procured in the amount of _________ percent of each months rent.
This agreement can be terminated by either party on __________ days written notice.
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.
It is agreed that this agreement shall be governed and enforced in accordance with the laws of the state of _________________________ (State).
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)
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.