Broward Florida Listing Agreement with Broker for Leasing of Premises with Commission Agreement

• Category: Real Estate - Listing Agreements
• State: Multi-State
• County: Broward
• 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 Broward Florida Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legal document that establishes a partnership between a property owner and a broker for leasing or renting out a premise in Broward County, Florida. This agreement outlines the terms and conditions under which the broker will act as the representative of the property owner, aiming to secure a tenant for the premises. The agreement usually includes a provision for a commission to be paid to the broker upon successful leasing of the property. Keywords: Broward Florida, Listing Agreement, Broker, Leasing of Premises, Commission Agreement Types of Broward Florida Listing Agreement with Broker for Leasing of Premises with Commission Agreement may include: 1. Exclusive Listing Agreement: This type of agreement grants exclusive rights to the broker, meaning that only the broker is authorized to market and lease the premises on behalf of the property owner. In this case, no other brokers or the property owner can directly lease or market the property. 2. Non-exclusive Listing Agreement: This type of agreement allows the property owner to engage multiple brokers to market and lease the premises simultaneously. The first broker to secure a tenant is entitled to the commission, regardless of whether another broker also submitted a potential tenant. 3. Open Listing Agreement: An open listing agreement allows the property owner to lease the premises independently without the assistance of a broker. However, in this case, the owner may still choose to work with brokers on a non-exclusive basis, with the commission being paid only to the broker who brings a successful tenant. 4. Net Listing Agreement: A net listing agreement is relatively uncommon and considered legally dubious in some jurisdictions. In this arrangement, the property owner sets an acceptable rental rate or net amount that they wish to receive after deducting any expenses or commissions. The broker is then entitled to any amount above the "net" agreed upon. It is important for both parties involved, the property owner, and the broker, to thoroughly review and understand the terms and conditions specified in the Broward Florida Listing Agreement with Broker for Leasing of Premises with Commission Agreement before entering into the arrangement. Additionally, seeking legal counsel is advisable to ensure that the agreement complies with state and local laws.

The Broward Florida Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legal document that establishes a partnership between a property owner and a broker for leasing or renting out a premise in Broward County, Florida. This agreement outlines the terms and conditions under which the broker will act as the representative of the property owner, aiming to secure a tenant for the premises. The agreement usually includes a provision for a commission to be paid to the broker upon successful leasing of the property. Keywords: Broward Florida, Listing Agreement, Broker, Leasing of Premises, Commission Agreement Types of Broward Florida Listing Agreement with Broker for Leasing of Premises with Commission Agreement may include: 1. Exclusive Listing Agreement: This type of agreement grants exclusive rights to the broker, meaning that only the broker is authorized to market and lease the premises on behalf of the property owner. In this case, no other brokers or the property owner can directly lease or market the property. 2. Non-exclusive Listing Agreement: This type of agreement allows the property owner to engage multiple brokers to market and lease the premises simultaneously. The first broker to secure a tenant is entitled to the commission, regardless of whether another broker also submitted a potential tenant. 3. Open Listing Agreement: An open listing agreement allows the property owner to lease the premises independently without the assistance of a broker. However, in this case, the owner may still choose to work with brokers on a non-exclusive basis, with the commission being paid only to the broker who brings a successful tenant. 4. Net Listing Agreement: A net listing agreement is relatively uncommon and considered legally dubious in some jurisdictions. In this arrangement, the property owner sets an acceptable rental rate or net amount that they wish to receive after deducting any expenses or commissions. The broker is then entitled to any amount above the "net" agreed upon. It is important for both parties involved, the property owner, and the broker, to thoroughly review and understand the terms and conditions specified in the Broward Florida Listing Agreement with Broker for Leasing of Premises with Commission Agreement before entering into the arrangement. Additionally, seeking legal counsel is advisable to ensure that the agreement complies with state and local laws.