This office lease provision states that the landlord and tenant each warrant and represent to the other party that there was no broker, finder or similar person, other than those listed, entitled to a commission, fee or other compensation, instrumental in consummating the lease. It also states that no conversations or prior negotiations were had by the landlord or tenant, respectively, or anyone acting on behalf of the landlord or the tenant, respectively, with any broker, finder or similar person, other than those listed, concerning the renting of the demised premises.
San Jose, California, has specific lease provisions relating to brokers to ensure transparency and protect the rights of tenants and landlords in real estate transactions. These provisions outline the rights and responsibilities of brokers involved in the leasing process and aim to maintain fair and ethical practices. One type of San Jose, California, lease provision relating to brokers is the requirement for brokers to hold a valid real estate license issued by the California Bureau of Real Estate. This provision ensures that brokers have the necessary knowledge and qualifications to represent tenants and landlords in lease negotiations. Additionally, brokers must adhere to the California Business and Professions Code, which governs the conduct of real estate professionals. Another important lease provision in San Jose, California, is the requirement for brokers to provide full disclosure to both parties involved in the leasing transaction. This provision mandates that brokers disclose any conflicts of interest, such as financial relationships or personal ties with any of the parties. By providing this information, brokers foster trust and transparency in the leasing process. San Jose lease provisions also often include a provision regarding broker fees. It is common for brokers to charge a commission or fee for their services, typically a percentage of the total lease value. However, the specifics of these fees, including who is responsible for paying them, should be clearly outlined in the lease agreement. This provision protects both the tenant and the landlord from any unexpected fees or disputes that may arise. Additionally, San Jose lease provisions may outline the broker's responsibilities in terms of property inspections and maintenance. Brokers may be responsible for conducting thorough inspections of the property before leasing it to ensure it meets all health and safety standards. This provision ensures that tenants are leasing a safe and habitable space. Furthermore, San Jose lease provisions relating to brokers may include guidelines on the termination of broker representation. These provisions state the conditions under which either the tenant or landlord can terminate the broker's services and the process for doing so. This provision protects both parties' rights and allows for a smooth transition in the leasing process. In summary, San Jose, California, lease provisions relating to brokers encompass licensing requirements, disclosure of conflicts of interest, guidelines for broker fees, property inspection responsibilities, and termination of broker representation. These provisions aim to promote fairness, transparency, and professionalism in leasing transactions in San Jose.San Jose, California, has specific lease provisions relating to brokers to ensure transparency and protect the rights of tenants and landlords in real estate transactions. These provisions outline the rights and responsibilities of brokers involved in the leasing process and aim to maintain fair and ethical practices. One type of San Jose, California, lease provision relating to brokers is the requirement for brokers to hold a valid real estate license issued by the California Bureau of Real Estate. This provision ensures that brokers have the necessary knowledge and qualifications to represent tenants and landlords in lease negotiations. Additionally, brokers must adhere to the California Business and Professions Code, which governs the conduct of real estate professionals. Another important lease provision in San Jose, California, is the requirement for brokers to provide full disclosure to both parties involved in the leasing transaction. This provision mandates that brokers disclose any conflicts of interest, such as financial relationships or personal ties with any of the parties. By providing this information, brokers foster trust and transparency in the leasing process. San Jose lease provisions also often include a provision regarding broker fees. It is common for brokers to charge a commission or fee for their services, typically a percentage of the total lease value. However, the specifics of these fees, including who is responsible for paying them, should be clearly outlined in the lease agreement. This provision protects both the tenant and the landlord from any unexpected fees or disputes that may arise. Additionally, San Jose lease provisions may outline the broker's responsibilities in terms of property inspections and maintenance. Brokers may be responsible for conducting thorough inspections of the property before leasing it to ensure it meets all health and safety standards. This provision ensures that tenants are leasing a safe and habitable space. Furthermore, San Jose lease provisions relating to brokers may include guidelines on the termination of broker representation. These provisions state the conditions under which either the tenant or landlord can terminate the broker's services and the process for doing so. This provision protects both parties' rights and allows for a smooth transition in the leasing process. In summary, San Jose, California, lease provisions relating to brokers encompass licensing requirements, disclosure of conflicts of interest, guidelines for broker fees, property inspection responsibilities, and termination of broker representation. These provisions aim to promote fairness, transparency, and professionalism in leasing transactions in San Jose.
