Phoenix Arizona Listing Agreement with Broker for Leasing of Premises with Commission Agreement

• Category: Real Estate - Listing Agreements
• State: Multi-State
• City: Phoenix
• 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. Phoenix, Arizona Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legally binding contract between a property owner or landlord (referred to as the "Listing Party") and a real estate broker or agent (referred to as the "Broker Party"). This agreement outlines the terms and conditions for leasing a property in Phoenix, Arizona, and defines the commission structure for the broker or agent. In this agreement, the Listing Party grants the Broker Party the exclusive right to list and market the premises for lease. The premises may include residential properties, commercial spaces, office buildings, retail spaces, or any other type of real estate available for leasing in Phoenix, Arizona. The agreement includes various essential details such as the property address, rental rate, lease term, and any specific terms or conditions associated with the premises. It also specifies the commission structure, which is the compensation the Broker Party will receive for successfully leasing the property. There are several types of Phoenix, Arizona Listing Agreements with Broker for Leasing of Premises with Commission Agreement: 1. Exclusive Right to Lease Listing Agreement: — This type of listing agreement grants the Broker Party the exclusive right to lease the premises. The Listing Party is prohibited from engaging other brokers or marketing the property independently. 2. Exclusive Agency Listing Agreement: — Under this listing agreement, the Broker Party has the exclusive rights to represent and lease the premises, but the Listing Party reserves the right to lease the property on their own without paying a commission to the broker. 3. Open Listing Agreement: — An open listing agreement allows the Listing Party to work with multiple brokers simultaneously. The broker who finds a suitable tenant and successfully leases the property is entitled to the commission. The Phoenix, Arizona Listing Agreement with Broker for Leasing of Premises with Commission Agreement is crucial to protect the rights and interests of both the Listing Party and the Broker Party. It ensures that the property is effectively marketed and leased, while providing clear guidelines regarding the commission payment.

Phoenix, Arizona Listing Agreement with Broker for Leasing of Premises with Commission Agreement is a legally binding contract between a property owner or landlord (referred to as the "Listing Party") and a real estate broker or agent (referred to as the "Broker Party"). This agreement outlines the terms and conditions for leasing a property in Phoenix, Arizona, and defines the commission structure for the broker or agent. In this agreement, the Listing Party grants the Broker Party the exclusive right to list and market the premises for lease. The premises may include residential properties, commercial spaces, office buildings, retail spaces, or any other type of real estate available for leasing in Phoenix, Arizona. The agreement includes various essential details such as the property address, rental rate, lease term, and any specific terms or conditions associated with the premises. It also specifies the commission structure, which is the compensation the Broker Party will receive for successfully leasing the property. There are several types of Phoenix, Arizona Listing Agreements with Broker for Leasing of Premises with Commission Agreement: 1. Exclusive Right to Lease Listing Agreement: — This type of listing agreement grants the Broker Party the exclusive right to lease the premises. The Listing Party is prohibited from engaging other brokers or marketing the property independently. 2. Exclusive Agency Listing Agreement: — Under this listing agreement, the Broker Party has the exclusive rights to represent and lease the premises, but the Listing Party reserves the right to lease the property on their own without paying a commission to the broker. 3. Open Listing Agreement: — An open listing agreement allows the Listing Party to work with multiple brokers simultaneously. The broker who finds a suitable tenant and successfully leases the property is entitled to the commission. The Phoenix, Arizona Listing Agreement with Broker for Leasing of Premises with Commission Agreement is crucial to protect the rights and interests of both the Listing Party and the Broker Party. It ensures that the property is effectively marketed and leased, while providing clear guidelines regarding the commission payment.