Queens New York Advisory Agreement between Real Estate Investment Trust and Corporation: The Queens New York Advisory Agreement between a Real Estate Investment Trust (REIT) and a corporation is a legally binding document that outlines the terms and conditions under which the REIT provides advisory services to the corporation in relation to real estate investments in Queens, New York. This agreement aims to establish a clear understanding between the parties involved and to protect the interests of both the REIT and the corporation. Keywords: 1. Queens New York: Refers to the specific geographical location in which the advisory agreement is focused, emphasizing that the agreement pertains to properties and investments in Queens, New York. 2. Advisory Agreement: This term signifies the legal contract that governs the relationship between the REIT and the corporation, highlighting that the REIT agrees to provide advisory services. 3. Real Estate Investment Trust (REIT): A type of company that owns and operates income-generating real estate assets, often publicly traded on stock exchanges. In this agreement, the REIT assumes the role of the advisor to the corporation, providing expertise and guidance on Queens real estate investments. 4. Corporation: This refers to the entity or organization seeking advisory services from the REIT. The corporation could be a business, institution, or any other legal entity interested in real estate investments in Queens, New York. Types of Queens New York Advisory Agreements: 1. Limited Advisory Agreement: In this type of advisory agreement, the REIT provides limited services to the corporation, focusing on specific aspects or phases of the real estate investment process. The agreement clearly outlines the scope of services and the limitations of the advisor's responsibilities. 2. Comprehensive Advisory Agreement: This agreement covers a wide range of services and responsibilities assumed by the REIT. It involves in-depth involvement in the corporation's real estate investment decisions, including property sourcing, due diligence, financing strategies, property management, and any other relevant activities. 3. Exclusive Advisory Agreement: This type of agreement grants exclusivity to the REIT, ensuring that the corporation solely relies on the advisor's expertise for any real estate investments in Queens. The corporation agrees not to seek advice or engage with other advisors during the term of the agreement. 4. Non-Exclusive Advisory Agreement: This agreement allows the corporation to seek advisory services from multiple Rests or advisors simultaneously. The terms and conditions of the agreement specify that the REIT's services are not exclusive, enabling the corporation to explore various options. Overall, the Queens New York Advisory Agreement between a Real Estate Investment Trust and a corporation is a critical document that ensures a clear understanding and legal framework for the provision of advisory services in the realm of Queens real estate.