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.
The Oregon Brokerage Agreement for Services to Tenant is a legally binding document that outlines the terms and conditions of the relationship between a tenant and a real estate brokerage firm in the state of Oregon. This agreement serves as a written contract to protect the rights and responsibilities of both parties involved in a real estate transaction. This agreement ensures that the tenant is provided with professional guidance and assistance throughout the process of searching for and securing a rental property. It also establishes the obligations of the tenant to the brokerage firm, such as paying the agreed-upon brokerage fees or commissions. The Oregon Brokerage Agreement for Services to Tenant typically includes the following key elements: 1. Parties involved: This section identifies the tenant and the real estate brokerage firm. It includes their legal names, addresses, and contact information. 2. Term of agreement: The term of the agreement specifies the duration for which the agreement will remain in effect. It may be for a fixed period or open-ended, depending on the mutual agreement of the tenant and the brokerage firm. 3. Scope of services: This section details the specific services that the brokerage firm will provide to the tenant. These services may include property searches, property showings, lease negotiation assistance, and other related services. 4. Commission and fees: The brokerage fee or commission structure is clearly outlined in this section. It specifies the amount or percentage of the commission, how it will be determined, and when it is payable. 5. Tenant's responsibilities: The agreement defines the tenant's responsibilities and obligations, such as providing accurate information, cooperating with the brokerage, and notifying the brokerage promptly of any changes or decisions regarding the rental property. 6. Termination clause: This section explains the conditions under which either party can terminate the agreement. It may include provisions for early termination, termination without cause, or termination for breach of contract. Some common variations or types of Oregon Brokerage Agreements for Services to Tenant may include: 1. Exclusive Tenant Representation Agreement: This type of agreement grants the brokerage firm exclusive rights to represent the tenant during the property search and negotiation process. It prohibits the tenant from seeking assistance from other brokers during the agreed-upon term. 2. Non-exclusive Tenant Representation Agreement: In this type of agreement, the tenant is allowed to engage multiple brokerage firms simultaneously to assist with their property search. The commission or fee is typically split between the brokerage firm that successfully secures a rental property for the tenant. 3. Lease Agreement Addendum: This variation incorporates the brokerage agreement into the lease agreement between the tenant and the landlord. It ensures that the tenant continues to receive the services of the brokerage firm throughout the duration of the lease. In conclusion, the Oregon Brokerage Agreement for Services to Tenant is a comprehensive document that governs the relationship between a tenant and a real estate brokerage firm. It ensures that both parties understand their rights and responsibilities, providing a framework for a successful real estate transaction.The Oregon Brokerage Agreement for Services to Tenant is a legally binding document that outlines the terms and conditions of the relationship between a tenant and a real estate brokerage firm in the state of Oregon. This agreement serves as a written contract to protect the rights and responsibilities of both parties involved in a real estate transaction. This agreement ensures that the tenant is provided with professional guidance and assistance throughout the process of searching for and securing a rental property. It also establishes the obligations of the tenant to the brokerage firm, such as paying the agreed-upon brokerage fees or commissions. The Oregon Brokerage Agreement for Services to Tenant typically includes the following key elements: 1. Parties involved: This section identifies the tenant and the real estate brokerage firm. It includes their legal names, addresses, and contact information. 2. Term of agreement: The term of the agreement specifies the duration for which the agreement will remain in effect. It may be for a fixed period or open-ended, depending on the mutual agreement of the tenant and the brokerage firm. 3. Scope of services: This section details the specific services that the brokerage firm will provide to the tenant. These services may include property searches, property showings, lease negotiation assistance, and other related services. 4. Commission and fees: The brokerage fee or commission structure is clearly outlined in this section. It specifies the amount or percentage of the commission, how it will be determined, and when it is payable. 5. Tenant's responsibilities: The agreement defines the tenant's responsibilities and obligations, such as providing accurate information, cooperating with the brokerage, and notifying the brokerage promptly of any changes or decisions regarding the rental property. 6. Termination clause: This section explains the conditions under which either party can terminate the agreement. It may include provisions for early termination, termination without cause, or termination for breach of contract. Some common variations or types of Oregon Brokerage Agreements for Services to Tenant may include: 1. Exclusive Tenant Representation Agreement: This type of agreement grants the brokerage firm exclusive rights to represent the tenant during the property search and negotiation process. It prohibits the tenant from seeking assistance from other brokers during the agreed-upon term. 2. Non-exclusive Tenant Representation Agreement: In this type of agreement, the tenant is allowed to engage multiple brokerage firms simultaneously to assist with their property search. The commission or fee is typically split between the brokerage firm that successfully secures a rental property for the tenant. 3. Lease Agreement Addendum: This variation incorporates the brokerage agreement into the lease agreement between the tenant and the landlord. It ensures that the tenant continues to receive the services of the brokerage firm throughout the duration of the lease. In conclusion, the Oregon Brokerage Agreement for Services to Tenant is a comprehensive document that governs the relationship between a tenant and a real estate brokerage firm. It ensures that both parties understand their rights and responsibilities, providing a framework for a successful real estate transaction.
