Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement

• Category: Real Estate - Listing Agreements
• State: Multi-State
• County: Mecklenburg
• 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. Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legally binding contract that outlines the terms and conditions between a property owner, referred to as the "Principal," and a licensed real estate broker, known as the "Broker," for the purpose of leasing a property in the Mecklenburg County of North Carolina. This agreement also establishes a commission agreement, detailing the compensation the Broker will receive upon successfully leasing the premises. The Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement is specifically designed to protect the rights and interests of both the Principal and the Broker involved in the leasing process. By entering into this agreement, the Principal grants the Broker the exclusive right to market and advertise the property in order to secure a suitable tenant for the premises. The agreement includes various essential components, such as: 1. Property Description: The agreement starts with a detailed description of the premises to be leased, including the property address, legal description, and any special conditions or features of the property. 2. Appointment and Duration: This section establishes the duration of the agreement, specifying the starting and ending dates during which the Broker will have exclusive rights to market and lease the property on behalf of the Principal. 3. Listing Price and Terms: The agreement includes the listing price for the premises and any specific terms or conditions related to the lease, such as the duration of the lease, any security deposit requirements, and allowable uses for the property. 4. Broker's Duties and Obligations: This section outlines the Broker's responsibilities, which typically include conducting property showings, advertising and marketing the premises, screening potential tenants, and negotiating lease terms on behalf of the Principal. 5. Commission Agreement: The agreement details the commission terms and structure. It specifies the percentage or amount of commission the Broker will receive upon successfully leasing the premises, as well as the conditions for commission payment, such as when it becomes due and any deductions or adjustments that may be applicable. It's worth noting that there can be variations of the Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement based on specific circumstances. Different types of agreements may include modified commission structures, specific requirements for commercial or residential properties, or additional provisions related to property management services. Overall, the Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement offers a comprehensive legal framework for the leasing process, safeguarding the interests of both the property owner and the licensed real estate broker involved.

Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legally binding contract that outlines the terms and conditions between a property owner, referred to as the "Principal," and a licensed real estate broker, known as the "Broker," for the purpose of leasing a property in the Mecklenburg County of North Carolina. This agreement also establishes a commission agreement, detailing the compensation the Broker will receive upon successfully leasing the premises. The Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement is specifically designed to protect the rights and interests of both the Principal and the Broker involved in the leasing process. By entering into this agreement, the Principal grants the Broker the exclusive right to market and advertise the property in order to secure a suitable tenant for the premises. The agreement includes various essential components, such as: 1. Property Description: The agreement starts with a detailed description of the premises to be leased, including the property address, legal description, and any special conditions or features of the property. 2. Appointment and Duration: This section establishes the duration of the agreement, specifying the starting and ending dates during which the Broker will have exclusive rights to market and lease the property on behalf of the Principal. 3. Listing Price and Terms: The agreement includes the listing price for the premises and any specific terms or conditions related to the lease, such as the duration of the lease, any security deposit requirements, and allowable uses for the property. 4. Broker's Duties and Obligations: This section outlines the Broker's responsibilities, which typically include conducting property showings, advertising and marketing the premises, screening potential tenants, and negotiating lease terms on behalf of the Principal. 5. Commission Agreement: The agreement details the commission terms and structure. It specifies the percentage or amount of commission the Broker will receive upon successfully leasing the premises, as well as the conditions for commission payment, such as when it becomes due and any deductions or adjustments that may be applicable. It's worth noting that there can be variations of the Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement based on specific circumstances. Different types of agreements may include modified commission structures, specific requirements for commercial or residential properties, or additional provisions related to property management services. Overall, the Mecklenburg North Carolina Listing Agreement with Broker for Leasing of Premises with Commission Agreement offers a comprehensive legal framework for the leasing process, safeguarding the interests of both the property owner and the licensed real estate broker involved.