Travis Texas 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: Travis
• 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. Travis Texas Finder's Fee Agreement Regarding Real Property Sales is a crucial legal document that outlines the terms and conditions associated with finding a potential buyer for a real property sale in Travis County, Texas. This agreement serves as a binding contract between a finder (the party responsible for identifying and connecting the buyer with the seller) and the seller of the property. It helps ensure fairness and transparency in real estate transactions while protecting the interests of all parties involved. The Travis Texas Finder's Fee Agreement Regarding Real Property Sales typically includes the following components: 1. Parties Involved: This section identifies and provides contact information for both the finder and the seller. It includes their full legal names, addresses, and other relevant details. 2. Property Description: Here, the agreement stipulates the details of the property being sold. This includes the property's address, legal description, and any specific features or unique characteristics that may influence its market value. 3. Exclusive Representation: This clause determines whether the finder has exclusive rights to represent the seller in finding potential buyers or if there are multiple finders involved. It clarifies the finder's responsibilities, obligations, and limitations. 4. Finder's Fee: This crucial aspect outlines the compensation or finder's fee that the finder is entitled to upon a successful property sale. It specifies the percentage or fixed amount the finder will receive and explains the circumstances in which the fee is payable (e.g., upon closing of the sale, upon receipt of the buyer's deposit, etc.). 5. Term and Termination: This section establishes the duration of the agreement, which can vary depending on the circumstances. It also outlines the conditions under which the agreement may be terminated, such as upon fulfillment of its terms or if either party breaches their obligations. 6. Confidentiality: To protect the seller's interests and maintain privacy during the real estate transaction, a confidentiality clause may be included. This ensures that sensitive information, such as the property's financial status, is kept strictly confidential. 7. Governing Law: The agreement will specify the laws of Travis County, Texas, that govern the interpretation, validity, and enforcement of the contract. This helps avoid any potential disputes and ensures that the agreement complies with local regulations. It is essential to note that the exact terms and conditions of a Travis Texas Finder's Fee Agreement Regarding Real Property Sales can differ as it may be tailored to suit the unique needs and preferences of the involved parties. However, the key elements mentioned above are typically addressed in any finder's fee agreement for real property sales in Travis County, Texas.

Travis Texas Finder's Fee Agreement Regarding Real Property Sales is a crucial legal document that outlines the terms and conditions associated with finding a potential buyer for a real property sale in Travis County, Texas. This agreement serves as a binding contract between a finder (the party responsible for identifying and connecting the buyer with the seller) and the seller of the property. It helps ensure fairness and transparency in real estate transactions while protecting the interests of all parties involved. The Travis Texas Finder's Fee Agreement Regarding Real Property Sales typically includes the following components: 1. Parties Involved: This section identifies and provides contact information for both the finder and the seller. It includes their full legal names, addresses, and other relevant details. 2. Property Description: Here, the agreement stipulates the details of the property being sold. This includes the property's address, legal description, and any specific features or unique characteristics that may influence its market value. 3. Exclusive Representation: This clause determines whether the finder has exclusive rights to represent the seller in finding potential buyers or if there are multiple finders involved. It clarifies the finder's responsibilities, obligations, and limitations. 4. Finder's Fee: This crucial aspect outlines the compensation or finder's fee that the finder is entitled to upon a successful property sale. It specifies the percentage or fixed amount the finder will receive and explains the circumstances in which the fee is payable (e.g., upon closing of the sale, upon receipt of the buyer's deposit, etc.). 5. Term and Termination: This section establishes the duration of the agreement, which can vary depending on the circumstances. It also outlines the conditions under which the agreement may be terminated, such as upon fulfillment of its terms or if either party breaches their obligations. 6. Confidentiality: To protect the seller's interests and maintain privacy during the real estate transaction, a confidentiality clause may be included. This ensures that sensitive information, such as the property's financial status, is kept strictly confidential. 7. Governing Law: The agreement will specify the laws of Travis County, Texas, that govern the interpretation, validity, and enforcement of the contract. This helps avoid any potential disputes and ensures that the agreement complies with local regulations. It is essential to note that the exact terms and conditions of a Travis Texas Finder's Fee Agreement Regarding Real Property Sales can differ as it may be tailored to suit the unique needs and preferences of the involved parties. However, the key elements mentioned above are typically addressed in any finder's fee agreement for real property sales in Travis County, Texas.

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.