Indiana Brokerage Agreement for Services to Tenant

State:
Multi-State
Control #:
US-OL29A092
Format:
Word; 
PDF
Instant download

Description

This office lease form is an exclusive brokerage agreement whereas the client wishes to obtain an office premises, an office building, or an interest in an office building with particulars and amenities as advised to the broker by the client in an orderly, prompt and prudent manner through a search effort that will meet the client's requirements in the current marketplace. This agreement lists the terms of the agreement, the requirements and rights of both parties, and services to be rendered.

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  • Preview Brokerage Agreement for Services to Tenant
  • Preview Brokerage Agreement for Services to Tenant
  • Preview Brokerage Agreement for Services to Tenant

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FAQ

The purpose of paragraph 3A2 of the RLA is to allow Agents/Brokers to receive a commission after expiration of the Listing Agreement if the seller ultimately sells to (i)a Prospective Buyer who physically entered the property or (ii) made a written offer during the listing period.

A brokerage agreement is a type of contract wherein one party agrees to act as a sales agent of another, who is called the principal. 3 min read. Updated October 29, 2020: A brokerage agreement is a type of contract wherein one party agrees to act as a sales agent of another, who is called the principal.

Sec. 3. As used in this chapter, ?psychologically affected property? includes real estate or a dwelling that is for sale, rent, or lease and to which one (1) or more of the following facts or a reasonable suspicion of facts apply: (1) That an individual died on the property.

If there is a foreclosure sale, a condemnation, or a court-ordered transfer, such as in a divorce, a residential real estate disclosure in not required. Likewise, if the trustee of an estate or a bankruptcy is selling property, the trustee is not required to complete a disclosure form.

In the Indiana listing agreement, you must include specific information, including the type of agency you are offering the seller, the expiration date of the agreement, the duties of both parties, and the commission rate you are charging your client.

No person shall, for consideration, sell, buy, trade, exchange, option, lease, rent, manage, list, or appraise real estate or negotiate or offer to perform any of those acts in Indiana or with respect to real estate situated in Indiana, without a license.

(a) A licensee representing a seller or landlord has the following duties and obligations: (1) To fulfill the terms of the agency relationship made with the seller or landlord. (2) To disclose the nature of the agency relationship with the seller or landlord, and redefine and disclose if the relationship changes.

Indiana recognizes the following types of joint ownership: Tenants in Common. Tenancy in common is typically the default type of joint ownership for real property, meaning that if the ownership instrument is silent regarding the type of joint ownership, the law will presume you hold it as tenants in common.

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Indiana Brokerage Agreement for Services to Tenant