Wisconsin ?Commercial Cooperative Agreement

State:
Wisconsin
Control #:
WI-SKU-2299
Format:
PDF
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Description

?Commercial Cooperative Agreement

The Wisconsin Commercial Cooperative Agreement (CCA) is a contract between two or more parties that sets out the terms of their cooperation in a commercial venture. The CCA is used to protect the interests of all parties involved in the venture, and to specify the duties and responsibilities of each party. There are several types of CCA, including a Business Cooperation Agreement, Distributor Agreement, Limited Liability Company Agreement, Partnership Agreement, and Joint Venture Agreement. All of these agreements must be in writing and include the specific details of the relationship between the parties. The CCA also sets out how disputes will be resolved, and how any changes to the agreement will be made. The CCA is an important part of any business relationship, as it helps to protect the interests of all the parties involved.

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FAQ

Yes. A licensee in this situation may be the ?agent? for the entity. Therefore, the licensee would be acting as an agent of the licensee's firm and the entity in which the licensee has an interest.

OSL: An out of state licensee, i.e. one who does not hold a real estate license in the state where the subject property is located. Transaction State: The state where the property which is subject of the transaction is located.

Consideration is anything of legal value that is offered in exchange by one party for something of value from another party. Common forms of consideration include money, property in exchange, or a promise to perform. Without consideration, a contract is not legally enforceable.

Generally when selling a home, Wisconsin homeowners are required under Wis. Stat. § 709.02. to provide buyers with a Real Estate Condition Report (?Report?).

The Wisconsin Department of Safety and Public Services website is where the state's licensees can find Wisconsin's approved real estate forms.

The State of Wisconsin does not legally require sellers to have a lawyer for their FSBO real estate transaction.

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Wisconsin ?Commercial Cooperative Agreement