A Miami-Dade Florida Non-Exclusive Real Estate Brokerage Agreement is a legally binding contract between a property owner (referred to as the "principal" or "seller") and a real estate broker (referred to as the "broker" or "agent"). This agreement outlines the terms and conditions under which the broker will represent the principal in the sale, lease, or purchase of a property located in Miami-Dade County, Florida. The non-exclusive aspect of this agreement means that the principal retains the right to engage other brokers or sell the property without the broker's involvement. However, if the broker successfully brings forth a buyer or lessee, the broker is entitled to receive a commission, as specified in the agreement. This agreement covers various important aspects related to the real estate transaction, such as the property description, listing price, broker's commission rate, duration of the agreement, and the specific services to be provided by the broker. It also includes provisions regarding the withdrawal of the property, compensation for expenses, and the broker's duties and responsibilities. Different types of Miami-Dade Florida Non-Exclusive Real Estate Brokerage Agreements may include: 1. Residential Non-Exclusive Real Estate Brokerage Agreement: This type of agreement is used for residential properties, such as houses, apartments, or condominiums. 2. Commercial Non-Exclusive Real Estate Brokerage Agreement: This agreement pertains to commercial properties, including office buildings, retail spaces, warehouses, or industrial properties. 3. Land Non-Exclusive Real Estate Brokerage Agreement: This agreement focuses on the sale or lease of vacant land or undeveloped property in Miami-Dade County. 4. Luxury Non-Exclusive Real Estate Brokerage Agreement: In the case of high-end properties, this agreement is used to outline the specific marketing and promotional efforts to attract potential buyers from a luxury market segment. In all variations, it is crucial for both the principal and the broker to thoroughly review and understand the terms of the agreement before signing. Seeking legal advice to ensure compliance with local laws and regulations is highly recommended.
Miami-Dade Florida Non-Exclusive Real Estate Brokerage Agreement
Category:
State:
Multi-State
County:
Miami-Dade
Control #:
US-13377BG
Format:
Word;
Rich Text
Instant download
Description
A real estate brokerage agreement is a contract formed between a broker and their client. The brokerage agreement or broker agreement describes the duties that the broker has towards the client. It also lists the client's duties, such as the duty to pay the broker.
A Miami-Dade Florida Non-Exclusive Real Estate Brokerage Agreement is a legally binding contract between a property owner (referred to as the "principal" or "seller") and a real estate broker (referred to as the "broker" or "agent"). This agreement outlines the terms and conditions under which the broker will represent the principal in the sale, lease, or purchase of a property located in Miami-Dade County, Florida. The non-exclusive aspect of this agreement means that the principal retains the right to engage other brokers or sell the property without the broker's involvement. However, if the broker successfully brings forth a buyer or lessee, the broker is entitled to receive a commission, as specified in the agreement. This agreement covers various important aspects related to the real estate transaction, such as the property description, listing price, broker's commission rate, duration of the agreement, and the specific services to be provided by the broker. It also includes provisions regarding the withdrawal of the property, compensation for expenses, and the broker's duties and responsibilities. Different types of Miami-Dade Florida Non-Exclusive Real Estate Brokerage Agreements may include: 1. Residential Non-Exclusive Real Estate Brokerage Agreement: This type of agreement is used for residential properties, such as houses, apartments, or condominiums. 2. Commercial Non-Exclusive Real Estate Brokerage Agreement: This agreement pertains to commercial properties, including office buildings, retail spaces, warehouses, or industrial properties. 3. Land Non-Exclusive Real Estate Brokerage Agreement: This agreement focuses on the sale or lease of vacant land or undeveloped property in Miami-Dade County. 4. Luxury Non-Exclusive Real Estate Brokerage Agreement: In the case of high-end properties, this agreement is used to outline the specific marketing and promotional efforts to attract potential buyers from a luxury market segment. In all variations, it is crucial for both the principal and the broker to thoroughly review and understand the terms of the agreement before signing. Seeking legal advice to ensure compliance with local laws and regulations is highly recommended.
Free preview
