San Jose California Listing Agreement with Broker for Leasing of Premises with Commission Agreement

• Category: Real Estate - Listing Agreements
• State: Multi-State
• City: San Jose
• 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. San Jose, California 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 or lessor and a broker or real estate agent for leasing a property in San Jose, California. This agreement is specifically designed to facilitate the process of leasing residential or commercial premises while ensuring the rights and responsibilities of both parties are protected. Keywords: San Jose, California, Listing Agreement, Broker, Leasing of Premises, Commission Agreement There are different types of San Jose, California Listing Agreement with Broker for Leasing of Premises with Commission Agreement, including: 1. Exclusive Right to Lease Agreement: This agreement exclusively grants the broker the right to lease the premises on behalf of the owner or lessor. It ensures that the broker will receive a commission regardless of whether the prospective tenant is found by the broker or through other means. 2. Open Listing Agreement: In this type of agreement, the owner or lessor can engage multiple brokers simultaneously, and the broker who successfully leases the premises first is entitled to receive the commission. This agreement allows the owner or lessor to work with multiple brokers and increase the pool of potential tenants. 3. Exclusive Agency Agreement: Under this agreement, the broker is granted the exclusive right to represent the owner or lessor in finding a tenant for the premises. However, if the owner or lessor finds a tenant independently, no commission is payable to the broker. 4. Net Lease Agreement: This type of agreement is commonly used for commercial properties. It specifies that the tenant is responsible for paying a base rent along with additional costs like taxes, insurance, and maintenance. The broker's commission is typically calculated on the net amount received by the owner or lessor. 5. Gross Lease Agreement: In contrast to the net lease agreement, with this type of agreement, the tenant pays a fixed amount of rent, and the owner or lessor is responsible for expenses such as taxes, insurance, and maintenance. The broker's commission is usually based on the gross amount of rent paid by the tenant. Regardless of the specific type of San Jose, California Listing Agreement with Broker for Leasing of Premises with Commission Agreement, it is crucial for both parties to carefully review and understand the terms and conditions before signing. Seeking legal advice is always recommended ensuring all legal requirements and obligations are properly addressed.

San Jose, California 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 or lessor and a broker or real estate agent for leasing a property in San Jose, California. This agreement is specifically designed to facilitate the process of leasing residential or commercial premises while ensuring the rights and responsibilities of both parties are protected. Keywords: San Jose, California, Listing Agreement, Broker, Leasing of Premises, Commission Agreement There are different types of San Jose, California Listing Agreement with Broker for Leasing of Premises with Commission Agreement, including: 1. Exclusive Right to Lease Agreement: This agreement exclusively grants the broker the right to lease the premises on behalf of the owner or lessor. It ensures that the broker will receive a commission regardless of whether the prospective tenant is found by the broker or through other means. 2. Open Listing Agreement: In this type of agreement, the owner or lessor can engage multiple brokers simultaneously, and the broker who successfully leases the premises first is entitled to receive the commission. This agreement allows the owner or lessor to work with multiple brokers and increase the pool of potential tenants. 3. Exclusive Agency Agreement: Under this agreement, the broker is granted the exclusive right to represent the owner or lessor in finding a tenant for the premises. However, if the owner or lessor finds a tenant independently, no commission is payable to the broker. 4. Net Lease Agreement: This type of agreement is commonly used for commercial properties. It specifies that the tenant is responsible for paying a base rent along with additional costs like taxes, insurance, and maintenance. The broker's commission is typically calculated on the net amount received by the owner or lessor. 5. Gross Lease Agreement: In contrast to the net lease agreement, with this type of agreement, the tenant pays a fixed amount of rent, and the owner or lessor is responsible for expenses such as taxes, insurance, and maintenance. The broker's commission is usually based on the gross amount of rent paid by the tenant. Regardless of the specific type of San Jose, California Listing Agreement with Broker for Leasing of Premises with Commission Agreement, it is crucial for both parties to carefully review and understand the terms and conditions before signing. Seeking legal advice is always recommended ensuring all legal requirements and obligations are properly addressed.