Nassau New York Listing Agreement with Broker for Leasing of Premises with Commission Agreement

• Category: Real Estate - Listing Agreements
• State: Multi-State
• County: Nassau
• 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. Nassau New York Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legally binding contract that establishes the terms and conditions between a property owner (landlord) and a licensed real estate broker in Nassau County, New York. This agreement outlines the responsibilities and obligations of both parties involved in leasing out a property. The listing agreement typically includes details such as property information, lease terms, commission structure, and other relevant terms discussed and agreed upon by the landlord and the broker. This document is crucial for ensuring a transparent and smooth leasing process while protecting the rights and interests of all parties. The Nassau New York Listing Agreement with Broker for Leasing of Premises with Commission Agreement may include various types or variations, depending on specific circumstances and requirements. Some of these alternate listing agreements commonly used are: 1. Exclusive Right to Lease Listing Agreement: This type of agreement grants the exclusive rights to the broker to market and lease the property. In this case, the landlord cannot work with any other broker or lease the property by themselves during the agreed-upon period. The broker is entitled to the agreed upon commission regardless of who finds the tenant. 2. Exclusive Agency Listing Agreement: Under this agreement, the broker has the exclusive right to lease the property, but the landlord can still market and lease the property independently without owing a commission to the broker, as long as they find the tenant themselves. 3. Multiple Listing Service (MLS) Agreement: This type of listing agreement involves the participation of multiple brokers. The landlord agrees to list their property on an MLS platform, whereby multiple brokers can market and lease the premises. In this scenario, the commission is typically split between the listing broker and the cooperating broker who finds the tenant. 4. Open Listing Agreement: This agreement allows the landlord to work with multiple brokers simultaneously. The broker who successfully leases the premises is entitled to the commission, while the landlord can lease the property on their own without owing a commission to any of the brokers. It's important to note that the exact terms and conditions of the listing agreement can vary from one situation to another. Therefore, it's crucial for both the landlord and the broker to carefully review and negotiate the agreement to ensure clarity and mutual understanding before signing. Seeking legal advice is always recommended when entering into a Nassau New York Listing Agreement with Broker for Leasing of Premises with Commission Agreement.

Nassau New York Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legally binding contract that establishes the terms and conditions between a property owner (landlord) and a licensed real estate broker in Nassau County, New York. This agreement outlines the responsibilities and obligations of both parties involved in leasing out a property. The listing agreement typically includes details such as property information, lease terms, commission structure, and other relevant terms discussed and agreed upon by the landlord and the broker. This document is crucial for ensuring a transparent and smooth leasing process while protecting the rights and interests of all parties. The Nassau New York Listing Agreement with Broker for Leasing of Premises with Commission Agreement may include various types or variations, depending on specific circumstances and requirements. Some of these alternate listing agreements commonly used are: 1. Exclusive Right to Lease Listing Agreement: This type of agreement grants the exclusive rights to the broker to market and lease the property. In this case, the landlord cannot work with any other broker or lease the property by themselves during the agreed-upon period. The broker is entitled to the agreed upon commission regardless of who finds the tenant. 2. Exclusive Agency Listing Agreement: Under this agreement, the broker has the exclusive right to lease the property, but the landlord can still market and lease the property independently without owing a commission to the broker, as long as they find the tenant themselves. 3. Multiple Listing Service (MLS) Agreement: This type of listing agreement involves the participation of multiple brokers. The landlord agrees to list their property on an MLS platform, whereby multiple brokers can market and lease the premises. In this scenario, the commission is typically split between the listing broker and the cooperating broker who finds the tenant. 4. Open Listing Agreement: This agreement allows the landlord to work with multiple brokers simultaneously. The broker who successfully leases the premises is entitled to the commission, while the landlord can lease the property on their own without owing a commission to any of the brokers. It's important to note that the exact terms and conditions of the listing agreement can vary from one situation to another. Therefore, it's crucial for both the landlord and the broker to carefully review and negotiate the agreement to ensure clarity and mutual understanding before signing. Seeking legal advice is always recommended when entering into a Nassau New York Listing Agreement with Broker for Leasing of Premises with Commission Agreement.