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CommercialExclusiveRighttoRepresent(SAMPLE)
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Commercial Exclusive Right to Represent (Sample)
(Date)
[BROKER NAME]
[BROKER ADDRESS]
[BROKER CITY, STATE ZIP]
[BROKER WEBSITE]
This Agreement is made on_______________________between_____________________(“Tenant”) and _________________(“Broker”).
In consideration of services and facilities, the Broker is hereby granted the right to represent the Tenant in the acquisition of real property. (As used in this Agreement, “acquisition of real property” shall include any lease of property or an agreement to do so.)
TENANT’S REPRESENTATIONS. The tenant represents that as of commencement sate of this Agreement, the Tenant is not a party to a Tenant representation agreement with any other brokerage firm. The Tenant further represents that the Tenant has disclosed to the Associates information about any properties or “open houses” that the Tenant has previously visited, or that the Tenant has been shown by any other real estate associate(s) in any area where the Tenant seeks to acquire property under this Agreement.
TERM. This Agreement shall commence upon being executed by all parties and, subject to Paragraph 7, terminate at___________________________.
ASSOCIATES. The following Associates are assigned by Broker to represent Tenant, each with equal responsibility:
BROKER’S RESPONSABILITIES. The Broker, through the Associates, shall promote the interest of the Tenant by: (a) performing the terms of this brokerage agreement; (b) seeking a lease at a price and terms acceptable to the Tenant; (c) presenting in a timely manner all written offers or counteroffers to and from the Tenant; (d) disclosing to the Tenant all materials facts related to the property or concerning the transaction of which they have actual knowledge; (e) accounting for in a timely manner all money and property received in which Tenant has or may have an interest. Unless otherwise provided by law or the Tenant consents in writing to the release of the information, the Broker shall maintain the confidentiality of all personal and financial information and other matters identified as confidential by the Tenant, if that information is received from the Tenant during the brokerage relationship. In satisfying these duties, the Broker shall exercise ordinary care, comply with all applicable laws and regulations, treat all prospective landlords honestly and not knowingly give them false information. In addition, the Broker may show the same property to other Tenants; represent other Tenants on the same or different properties; represent landlords relative to other properties; or provide assistance to a landlord or prospective landlord by performing ministerial acts that are not inconsistent with the Broker’s duties under this Agreement.
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CommercialExclusiveRighttoRepresent(SAMPLE)
General Agreements -- US - General