Mississippi Brokerage Agreement for Services to Tenant

State:
Multi-State
Control #:
US-OL29A092
Format:
Word; 
PDF
Instant download

Description

This office lease form is an exclusive brokerage agreement whereas the client wishes to obtain an office premises, an office building, or an interest in an office building with particulars and amenities as advised to the broker by the client in an orderly, prompt and prudent manner through a search effort that will meet the client's requirements in the current marketplace. This agreement lists the terms of the agreement, the requirements and rights of both parties, and services to be rendered.

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  • Preview Brokerage Agreement for Services to Tenant
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FAQ

"Mississippi Real Estate Commission," or "Commission" means the agency of the State of Mississippi created by §73-35-1, et seq. To regulate the licensing of real estate brokers and salespersons and by §73-35-35 directed to regulate the sale of timeshare and condominium properties.

(1) Regulate the issuance of real estate licenses, registrations, and certificates. (2) Censure licensees, registrants, and certificate holders. (3) Suspend or revoke licenses, registrations, and certificates. (4) Impose additional continuing education requirements on licensees, registrants, or certificate holders.

Education and licensing, broker standards, and business requirements are all within MREC's purview. 1) The commission regulates real estate schools and licensing exams, issues licenses, and oversees the activities of licensees to ensure they comply with Mississippi license law.

No licensee shall pay any part of a fee, commission, or other compensation received by such licensee in buying, selling, exchanging, leasing, auctioning or renting any real estate except to another licensee through the licensee's responsible broker.

The Mississippi Real Estate Commission (MREC) administers control over the commercial real estate industry in the State of Mississippi, licensing all real estate brokers and salespersons. MREC works to assure that all real estate transactions are performed in a professional and ethical manner.

The Broker must confirm that the seller(s) also understands and consents to the consensual dual agency relationship prior to presenting the offer to purchase. The seller shall give his/her consent by signing the MREC Dual Agency Confirmation Form attached to the buyer's offer.

A listing must state a definite expiration date. A listing may not contain a provision requiring the seller signing the listing to notify the broker of the intention to cancel the listing after the stated expiration date.

Commissioners: The seated members of the Mississippi Real Estate Commission as appointed by the Governor with the advice and consent of the Senate pursuant to Miss. Code Ann. §73-35-5.

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Mississippi Brokerage Agreement for Services to Tenant