Middlesex Massachusetts Finder’s Fee Agreement Regarding Real Property Sales

• Category: Real Estate - Contracts
• State: Multi-State
• County: Middlesex
• Control #: US-0154BG
• Format: Word; Rich Text

Description

In a real estate context, a finder's fee may be paid for locating property, obtaining mortgage financing. or referring sellers or buyers. A finder's fee is money paid to a person for finding someone interested in selling or buying property. To conduct any negotiations of sale terms, the finder may be required to be a licensed broker or he violates the law. However, state laws, which vary by state, may also provide an exemption for certain individuals, allowing them to be compensated without the necessity of licensure. For example, one state's law allows an exemption for either a property management firm or an owner of an apartment complex to pay a finder’s fee or referral of up to $50 to a current tenant for referring a new tenant. The fee can be in the form of cash, a rental reduction or some other thing of value. The party claiming compensation under this exemption is not allowed to advertise for prospective tenants. Middlesex Massachusetts Finder's Fee Agreement Regarding Real Property Sales is a legally binding document that outlines the terms and conditions for compensating a finder or broker who successfully facilitates a real estate transaction in Middlesex County, Massachusetts. This agreement can be crucial for individuals or entities looking to engage the services of a finder or broker to identify potential buyers or sellers of real property in Middlesex County. Keywords: Middlesex Massachusetts, Finder's Fee Agreement, Real Property Sales, compensation, finder, broker, real estate transaction, Middlesex County. Different types of Middlesex Massachusetts Finder's Fee Agreement Regarding Real Property Sales: 1. Residential Finder's Fee Agreement: This type of agreement is specific to residential real estate transactions in Middlesex County. It covers the compensation and responsibilities of the finder or broker for helping in the sale or purchase of residential properties. 2. Commercial Finder's Fee Agreement: Designed for commercial real estate transactions in Middlesex County, this agreement focuses on compensating the finder or broker for their efforts in identifying commercial property buyers or sellers and successfully closing deals. 3. Land Finder's Fee Agreement: Land transactions require a distinct agreement due to the unique nature of buying and selling land. This agreement defines the finder's or broker's responsibilities and compensation for facilitating land sales in Middlesex County. 4. Multi-Unit Finder's Fee Agreement: This agreement is specific to multi-unit properties, such as apartment buildings or condominium complexes, in Middlesex County. It outlines the finder's or broker's duties and the compensation for finding potential buyers or sellers of such properties. 5. Lease Finder's Fee Agreement: Targeting lease agreements for properties in Middlesex County, this agreement covers compensation and responsibilities for finding tenants or landlords interested in leasing residential or commercial properties. It is important to note that these various types of Finder's Fee Agreements are customizable and can be tailored to meet the specific needs of the parties involved, taking into consideration the unique aspects of Middlesex County's real estate market.

Middlesex Massachusetts Finder's Fee Agreement Regarding Real Property Sales is a legally binding document that outlines the terms and conditions for compensating a finder or broker who successfully facilitates a real estate transaction in Middlesex County, Massachusetts. This agreement can be crucial for individuals or entities looking to engage the services of a finder or broker to identify potential buyers or sellers of real property in Middlesex County. Keywords: Middlesex Massachusetts, Finder's Fee Agreement, Real Property Sales, compensation, finder, broker, real estate transaction, Middlesex County. Different types of Middlesex Massachusetts Finder's Fee Agreement Regarding Real Property Sales: 1. Residential Finder's Fee Agreement: This type of agreement is specific to residential real estate transactions in Middlesex County. It covers the compensation and responsibilities of the finder or broker for helping in the sale or purchase of residential properties. 2. Commercial Finder's Fee Agreement: Designed for commercial real estate transactions in Middlesex County, this agreement focuses on compensating the finder or broker for their efforts in identifying commercial property buyers or sellers and successfully closing deals. 3. Land Finder's Fee Agreement: Land transactions require a distinct agreement due to the unique nature of buying and selling land. This agreement defines the finder's or broker's responsibilities and compensation for facilitating land sales in Middlesex County. 4. Multi-Unit Finder's Fee Agreement: This agreement is specific to multi-unit properties, such as apartment buildings or condominium complexes, in Middlesex County. It outlines the finder's or broker's duties and the compensation for finding potential buyers or sellers of such properties. 5. Lease Finder's Fee Agreement: Targeting lease agreements for properties in Middlesex County, this agreement covers compensation and responsibilities for finding tenants or landlords interested in leasing residential or commercial properties. It is important to note that these various types of Finder's Fee Agreements are customizable and can be tailored to meet the specific needs of the parties involved, taking into consideration the unique aspects of Middlesex County's real estate market.