A Montana Brokerage Agreement for Services to Tenant is a legally binding contract between a tenant and a broker or real estate agent in Montana. It outlines the terms and conditions of the agreement regarding the broker's services provided to help the tenant find a suitable rental property or negotiate a lease agreement. This agreement safeguards the rights of both parties involved and ensures a clear understanding of the services rendered by the broker. The primary purpose of a Montana Brokerage Agreement for Services to Tenant is to define the responsibilities of the broker and the tenant. It typically includes the duration of the agreement, the specific services the broker will provide, and any fees or commissions due to the broker upon successful completion of the transaction. The agreement may cover various aspects such as property search, property showings, lease negotiations, and assistance with paperwork. It may also outline the extent of the broker's authority, any limitations or exclusions, and any disclosure requirements the broker must follow. In Montana, there can be different types of Brokerage Agreements for Services to Tenant, which may include variations such as: 1. Exclusive Tenant Representation Agreement: This type of agreement establishes an exclusive relationship between the tenant and the broker. It ensures that the broker is solely responsible for representing the tenant's interests and finding suitable rental properties. 2. Non-exclusive Tenant Representation Agreement: In this type of agreement, the tenant may work with multiple brokers simultaneously or seek rental options on their own. The broker is entitled to a commission only if they are the procuring cause of the tenant successfully securing a lease. 3. Open Listing Agreement: An open listing agreement allows the tenant to seek properties with multiple brokers and even negotiate directly with landlords or property owners. The broker is entitled to a commission only if they find and facilitate the lease transaction. It is crucial for both tenants and brokers to carefully review and understand the terms and conditions mentioned in the Montana Brokerage Agreement for Services to Tenant. It is advisable to seek legal advice if needed and ensure that all parties involved are comfortable with the obligations and expectations outlined in the agreement.
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.