Hennepin Minnesota Acuerdo de honorarios del buscador con respecto a la venta de bienes inmuebles - Finder’s Fee Agreement Regarding Real Property Sales

• Category: Bienes Raíces - Contratos
• State: Multi-State
• County: Hennepin
• Control #: US-0154BG
• Format: Word

Description

In a real estate context, a finder's fee may be paid for locating property, obtaining mortgage financing. or referring sellers or buyers. A finder's fee is money paid to a person for finding someone interested in selling or buying property. To conduct any negotiations of sale terms, the finder may be required to be a licensed broker or he violates the law. However, state laws, which vary by state, may also provide an exemption for certain individuals, allowing them to be compensated without the necessity of licensure. For example, one state's law allows an exemption for either a property management firm or an owner of an apartment complex to pay a finder’s fee or referral of up to $50 to a current tenant for referring a new tenant. The fee can be in the form of cash, a rental reduction or some other thing of value. The party claiming compensation under this exemption is not allowed to advertise for prospective tenants. Hennepin Minnesota Finder's Fee Agreement Regarding Real Property Sales is a legally binding document that outlines the terms and conditions between a real estate finder and a property owner or seller in Hennepin County, Minnesota. This agreement is typically used in situations where a finder or intermediary helps connect potential buyers with property owners or sellers and expects to receive a commission or finder's fee for their services. Keywords: Hennepin Minnesota, Finder's Fee Agreement, Real Property Sales, real estate finder, property owner, seller, commission, intermediary. Types of Hennepin Minnesota Finder's Fee Agreement Regarding Real Property Sales may include: 1. Standard Finder's Fee Agreement: This is the most common type of agreement used in Hennepin County, Minnesota. It outlines the terms and conditions for the finder's fee, such as the percentage or flat fee amount that the finder will receive upon the successful sale of a property. 2. Exclusive Finder's Fee Agreement: In this type of agreement, the property owner or seller grants exclusivity to a specific finder, preventing other finders or intermediaries from engaging in similar activities regarding their property. This type of agreement is often used when a finder invests significant time and resources into finding a buyer for a property. 3. Non-Exclusive Finder's Fee Agreement: Unlike the exclusive agreement, a non-exclusive finder's fee agreement allows multiple finders or intermediaries to work simultaneously to find a buyer for a property. In this case, the finder who successfully brings in a buyer is entitled to the finder's fee. 4. Referral-Based Finder's Fee Agreement: This type of agreement is commonly used when a finder refers a potential buyer or seller to a real estate agent and expects compensation for their referral. The agreement outlines the referral fee amount or percentage that the finder will receive upon a successful transaction. 5. Time-Limited Finder's Fee Agreement: This type of agreement specifies a specific duration during which the finder's fee will be valid. If the property is not sold within that time frame, the agreement may expire, and the finder may not be entitled to receive a commission. It is important to note that these types of agreements may have variations in their terms and conditions and should be tailored to fit the specific needs and requirements of the parties involved. It is recommended to seek legal advice or consult an attorney specialized in real estate law to draft or review the Finder's Fee Agreement Regarding Real Property Sales in Hennepin County, Minnesota.

Hennepin Minnesota Finder's Fee Agreement Regarding Real Property Sales is a legally binding document that outlines the terms and conditions between a real estate finder and a property owner or seller in Hennepin County, Minnesota. This agreement is typically used in situations where a finder or intermediary helps connect potential buyers with property owners or sellers and expects to receive a commission or finder's fee for their services. Keywords: Hennepin Minnesota, Finder's Fee Agreement, Real Property Sales, real estate finder, property owner, seller, commission, intermediary. Types of Hennepin Minnesota Finder's Fee Agreement Regarding Real Property Sales may include: 1. Standard Finder's Fee Agreement: This is the most common type of agreement used in Hennepin County, Minnesota. It outlines the terms and conditions for the finder's fee, such as the percentage or flat fee amount that the finder will receive upon the successful sale of a property. 2. Exclusive Finder's Fee Agreement: In this type of agreement, the property owner or seller grants exclusivity to a specific finder, preventing other finders or intermediaries from engaging in similar activities regarding their property. This type of agreement is often used when a finder invests significant time and resources into finding a buyer for a property. 3. Non-Exclusive Finder's Fee Agreement: Unlike the exclusive agreement, a non-exclusive finder's fee agreement allows multiple finders or intermediaries to work simultaneously to find a buyer for a property. In this case, the finder who successfully brings in a buyer is entitled to the finder's fee. 4. Referral-Based Finder's Fee Agreement: This type of agreement is commonly used when a finder refers a potential buyer or seller to a real estate agent and expects compensation for their referral. The agreement outlines the referral fee amount or percentage that the finder will receive upon a successful transaction. 5. Time-Limited Finder's Fee Agreement: This type of agreement specifies a specific duration during which the finder's fee will be valid. If the property is not sold within that time frame, the agreement may expire, and the finder may not be entitled to receive a commission. It is important to note that these types of agreements may have variations in their terms and conditions and should be tailored to fit the specific needs and requirements of the parties involved. It is recommended to seek legal advice or consult an attorney specialized in real estate law to draft or review the Finder's Fee Agreement Regarding Real Property Sales in Hennepin County, Minnesota.

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.