Franklin Ohio Listing Agreement with Broker for Leasing of Premises with Commission Agreement

• Category: Real Estate - Listing Agreements
• State: Multi-State
• County: Franklin
• 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 Franklin Ohio Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legally binding document that outlines the terms and conditions between a property owner (referred to as the "owner" or "landlord") and a real estate broker (referred to as the "broker") for the leasing of a property located in Franklin, Ohio. This agreement ensures a clear understanding between both parties and serves as a written record of their agreed-upon arrangements. The agreement covers several essential aspects, including the description of the premises being leased, the duration of the listing agreement, commission structure, and other specific terms that may be relevant to the leasing process. This agreement can be tailored to suit different types of leasing situations, such as residential, commercial, or industrial properties. Here are some key points commonly addressed in the Franklin Ohio Listing Agreement with Broker for Leasing of Premises with Commission Agreement: 1. Premises description: This section provides a detailed description of the property being leased, including the address, size, and any specific features or amenities. 2. Listing term: The agreement specifies the duration of the listing agreement, which is the period during which the broker has the exclusive right to market and lease the premises. 3. Broker's duties: This section outlines the broker's responsibilities, such as marketing the property, conducting showings, screening potential tenants, negotiating lease terms, and preparing necessary documents. 4. Commission structure: The commission agreement delineates how the broker will be compensated for their services. It typically includes a percentage of the total lease value or a flat fee, which is payable upon the execution of the lease agreement. 5. Owner's obligations: This section describes the owner's obligations, such as maintaining the premises in good condition, complying with all relevant laws and regulations, and providing accurate information to the broker and prospective tenants. 6. Tenant qualifications: The agreement may specify certain requirements concerning the creditworthiness, background checks, or other qualifying criteria for prospective tenants. It's important to note that while the general structure and content of the Franklin Ohio Listing Agreement with Broker for Leasing of Premises with Commission Agreement remain consistent, there might be variations based on the type of property being leased, such as residential properties, commercial properties (office space, retail space, etc.), or industrial properties (warehouses, manufacturing facilities, etc.). However, these variations do not alter the fundamental principles of the agreement.

The Franklin Ohio Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legally binding document that outlines the terms and conditions between a property owner (referred to as the "owner" or "landlord") and a real estate broker (referred to as the "broker") for the leasing of a property located in Franklin, Ohio. This agreement ensures a clear understanding between both parties and serves as a written record of their agreed-upon arrangements. The agreement covers several essential aspects, including the description of the premises being leased, the duration of the listing agreement, commission structure, and other specific terms that may be relevant to the leasing process. This agreement can be tailored to suit different types of leasing situations, such as residential, commercial, or industrial properties. Here are some key points commonly addressed in the Franklin Ohio Listing Agreement with Broker for Leasing of Premises with Commission Agreement: 1. Premises description: This section provides a detailed description of the property being leased, including the address, size, and any specific features or amenities. 2. Listing term: The agreement specifies the duration of the listing agreement, which is the period during which the broker has the exclusive right to market and lease the premises. 3. Broker's duties: This section outlines the broker's responsibilities, such as marketing the property, conducting showings, screening potential tenants, negotiating lease terms, and preparing necessary documents. 4. Commission structure: The commission agreement delineates how the broker will be compensated for their services. It typically includes a percentage of the total lease value or a flat fee, which is payable upon the execution of the lease agreement. 5. Owner's obligations: This section describes the owner's obligations, such as maintaining the premises in good condition, complying with all relevant laws and regulations, and providing accurate information to the broker and prospective tenants. 6. Tenant qualifications: The agreement may specify certain requirements concerning the creditworthiness, background checks, or other qualifying criteria for prospective tenants. It's important to note that while the general structure and content of the Franklin Ohio Listing Agreement with Broker for Leasing of Premises with Commission Agreement remain consistent, there might be variations based on the type of property being leased, such as residential properties, commercial properties (office space, retail space, etc.), or industrial properties (warehouses, manufacturing facilities, etc.). However, these variations do not alter the fundamental principles of the agreement.