Arizona Brokerage Agreement for Services to Landlords is a legally binding contract between a real estate broker and a landlord that outlines the terms and conditions under which the broker will provide their services in relation to renting or leasing a property. This agreement assigns the broker the responsibility of finding suitable tenants, managing the landlord's property, and serving as a representative throughout the rental process. Within the Arizona Brokerage Agreement for Services to Landlords, various critical aspects are typically covered, such as rent collection, screening potential tenants, property maintenance, lease negotiation, and compliance with state and local regulations. This agreement helps protect the interests of both parties and ensures a smooth and professional working relationship between the landlord and the broker. Some common types of Arizona Brokerage Agreement for Services to Landlords include: 1. Exclusive Agency Agreement: This type of agreement grants exclusive rights to one specific broker to market and lease the landlord's property. It prevents the landlord from working with multiple brokers simultaneously. 2. Non-Exclusive Agency Agreement: Unlike the exclusive agency agreement, this type allows the landlord to engage multiple brokers simultaneously. The agreement states that the broker who successfully procures a tenant will be entitled to the commission. 3. Full-Service Agreement: This agreement encompasses a comprehensive range of services provided by the broker, including marketing the property, tenant screening, lease preparation, property maintenance and repairs, rent collection, and eviction procedures. It offers complete management and relief to landlords by handling all aspects of their rental property. 4. Limited Service Agreement: In contrast to the full-service agreement, this type allows landlords to choose and customize specific services they require assistance with. The agreement will outline precisely which services the broker will provide, such as advertising, tenant screening, or lease preparation, while leaving other responsibilities to the landlord. 5. Lease-Only Agreement: This agreement primarily focuses on finding suitable tenants and negotiating lease terms. It does not involve ongoing management or maintenance of the property. Once the lease is signed, the landlord assumes all responsibilities related to the property. When entering into an Arizona Brokerage Agreement for Services to Landlords, it is crucial to carefully review all terms and conditions, commission rates, termination clauses, and any additional provisions specific to the parties' requirements. Seeking legal advice before signing such an agreement is advisable to ensure compliance with Arizona's real estate laws and regulations.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.