Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement

• Category: Real Estate - Listing Agreements
• State: Multi-State
• Control #: US-0584BG
• Format: Word; Rich Text

Description

This form is a listing agreement with a broker for the leasing of real property and contains a commission agreement. The Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legal contract between a property owner, referred to as the "Owner/Landlord," and a licensed real estate broker, referred to as the "Broker/Agent." This agreement allows the Broker to act as an agent for the Owner/Landlord in finding and securing tenants for the premises. Keyword: Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement The primary purpose of this agreement is to outline the responsibilities and obligations of both parties, ensuring a smooth leasing process and protecting the interests of the Owner/Landlord. Some key elements included in this agreement are: 1. Identification of the Parties: The agreement clearly identifies the Owner/Landlord and the Broker/Agent involved in the leasing transaction. 2. Property Details: The agreement provides a detailed description of the premises being leased, including its address, size, features, and any specific terms related to the property. 3. Broker's Performance: This section outlines the Broker's responsibilities, such as marketing the property, conducting viewings, screening potential tenants, negotiating lease terms, and preparing the lease agreement. 4. Exclusive Agency: The agreement may specify whether the listing is an exclusive agency listing, in which case the Owner/Landlord agrees not to engage any other brokers for the leasing of the premises during the agreement period. 5. Commission Agreement: The commission structure is a crucial part of this agreement. It specifies the commission rate or fee that the Owner/Landlord agrees to pay the Broker/Agent for successfully securing a tenant for the premises. It may also outline additional conditions for commission payment, such as lease duration or tenant performance. 6. Duration and Termination: The agreement includes the start and end dates, as well as provisions for termination or extension of the agreement. It might also mention circumstances under which the agreement can be terminated before the agreed-upon end date. Other types of Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement may include variations in commission rates (flat fee, percentage-based, or negotiated), exclusivity terms (open listing vs. exclusive right-to-lease listing), or additional clauses addressing specific property types (residential, commercial, industrial). Overall, the Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement serves as a legally binding contract that establishes the relationship between the Owner/Landlord and the Broker/Agent, regulates their roles and responsibilities, and helps ensure a successful leasing process.

The Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legal contract between a property owner, referred to as the "Owner/Landlord," and a licensed real estate broker, referred to as the "Broker/Agent." This agreement allows the Broker to act as an agent for the Owner/Landlord in finding and securing tenants for the premises. Keyword: Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement The primary purpose of this agreement is to outline the responsibilities and obligations of both parties, ensuring a smooth leasing process and protecting the interests of the Owner/Landlord. Some key elements included in this agreement are: 1. Identification of the Parties: The agreement clearly identifies the Owner/Landlord and the Broker/Agent involved in the leasing transaction. 2. Property Details: The agreement provides a detailed description of the premises being leased, including its address, size, features, and any specific terms related to the property. 3. Broker's Performance: This section outlines the Broker's responsibilities, such as marketing the property, conducting viewings, screening potential tenants, negotiating lease terms, and preparing the lease agreement. 4. Exclusive Agency: The agreement may specify whether the listing is an exclusive agency listing, in which case the Owner/Landlord agrees not to engage any other brokers for the leasing of the premises during the agreement period. 5. Commission Agreement: The commission structure is a crucial part of this agreement. It specifies the commission rate or fee that the Owner/Landlord agrees to pay the Broker/Agent for successfully securing a tenant for the premises. It may also outline additional conditions for commission payment, such as lease duration or tenant performance. 6. Duration and Termination: The agreement includes the start and end dates, as well as provisions for termination or extension of the agreement. It might also mention circumstances under which the agreement can be terminated before the agreed-upon end date. Other types of Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement may include variations in commission rates (flat fee, percentage-based, or negotiated), exclusivity terms (open listing vs. exclusive right-to-lease listing), or additional clauses addressing specific property types (residential, commercial, industrial). Overall, the Colorado Listing Agreement with Broker for Leasing of Premises with Commission Agreement serves as a legally binding contract that establishes the relationship between the Owner/Landlord and the Broker/Agent, regulates their roles and responsibilities, and helps ensure a successful leasing process.