Suffolk New York Contrato de Comisión de Arrendamiento - Leasing Commission Agreement

• Category: Contratos - Comisión
• State: Multi-State
• County: Suffolk
• Control #: US-0585BG
• Format: Word

Description

A leasing commission agreement is a contract between a real estate broker and an owner and/or tenant granting the broker the authority to act as the agent for the owner and/or tenant in the leasing of the property. A Suffolk New York Leasing Commission Agreement is a legally binding contract between a property owner or landlord and a real estate agent or broker. This agreement outlines the terms and conditions related to the commission payment that the agent or broker will receive for leasing or renting out a property on behalf of the owner in Suffolk County, New York. In this lease commission agreement, the main objective is to specify the commission rates, payment terms, and other related conditions that both parties agree upon. It ensures that the agent or broker is compensated fairly and motivates them to secure tenants efficiently, while the property owner benefits from the expertise and services provided by the agent. The key elements typically covered in a Suffolk New York Leasing Commission Agreement include: 1. Parties involved: Clear identification of the landlord or property owner and the real estate agent or broker. 2. Property description: Detailed information about the leased property, including its address, size, amenities, and any other relevant features. 3. Commission rates: This section will specify the percentage or flat fee that the agent or broker will receive as a commission for successfully leasing the property. 4. Lease duration: The duration for which the commission will apply. It could be for the initial term of the lease, extensions, or renewals. 5. Exclusions: Any specific situations or circumstances that will not be eligible for commission payment, such as lease terminations due to default by the tenant or early terminations. 6. Marketing and advertising: Clarifies who will be responsible for marketing and advertising costs, and whether these expenses will be separate from the commission or included in it. 7. Non-disclosure and confidentiality: Contains provisions to protect sensitive information shared during the leasing process. 8. Payment terms: Outlines the timeline and method of commission payment, including any deductions or withholding taxes that may apply. 9. Termination: Includes conditions for terminating the agreement, such as notice periods and circumstances under which either party can terminate the agreement. 10. Governing law: Specifies the laws of Suffolk County, New York, applicable to this agreement. In Suffolk County, New York, there are no specific types of leasing commission agreements unique to the region. However, there can be variations in commission rates, terms, and conditions, depending on the nature of the property, property owner's preferences, and the negotiation between the parties involved.

A Suffolk New York Leasing Commission Agreement is a legally binding contract between a property owner or landlord and a real estate agent or broker. This agreement outlines the terms and conditions related to the commission payment that the agent or broker will receive for leasing or renting out a property on behalf of the owner in Suffolk County, New York. In this lease commission agreement, the main objective is to specify the commission rates, payment terms, and other related conditions that both parties agree upon. It ensures that the agent or broker is compensated fairly and motivates them to secure tenants efficiently, while the property owner benefits from the expertise and services provided by the agent. The key elements typically covered in a Suffolk New York Leasing Commission Agreement include: 1. Parties involved: Clear identification of the landlord or property owner and the real estate agent or broker. 2. Property description: Detailed information about the leased property, including its address, size, amenities, and any other relevant features. 3. Commission rates: This section will specify the percentage or flat fee that the agent or broker will receive as a commission for successfully leasing the property. 4. Lease duration: The duration for which the commission will apply. It could be for the initial term of the lease, extensions, or renewals. 5. Exclusions: Any specific situations or circumstances that will not be eligible for commission payment, such as lease terminations due to default by the tenant or early terminations. 6. Marketing and advertising: Clarifies who will be responsible for marketing and advertising costs, and whether these expenses will be separate from the commission or included in it. 7. Non-disclosure and confidentiality: Contains provisions to protect sensitive information shared during the leasing process. 8. Payment terms: Outlines the timeline and method of commission payment, including any deductions or withholding taxes that may apply. 9. Termination: Includes conditions for terminating the agreement, such as notice periods and circumstances under which either party can terminate the agreement. 10. Governing law: Specifies the laws of Suffolk County, New York, applicable to this agreement. In Suffolk County, New York, there are no specific types of leasing commission agreements unique to the region. However, there can be variations in commission rates, terms, and conditions, depending on the nature of the property, property owner's preferences, and the negotiation between the parties involved.

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.