Office Lease Exclusive Brokerage Agreement (Model And Form) | Pdf Fpdf Docx | New York

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Office Lease Exclusive Brokerage Agreement (Model And Form) | Pdf Fpdf Docx | New York

Last updated: 12/9/2022

Office Lease Exclusive Brokerage Agreement (Model And Form)

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Description

OFFICE LEASE EXCLUSIVE BROKERAGE AGREEMENT. This form is a customizable template for use between a landlord and a licensed real estate broker in New York State to establish exclusive rights to lease one or more office spaces within a commercial building. Developed as a model agreement with annotated commentary, it defines the broker’s appointment, term, marketing obligations, commission structure, cooperation with outside brokers, indemnification, confidentiality, and termination rights. It also contains negotiable provisions for commission timing, tenant default, renewal options, and excluded prospects, along with sample Exhibits A and B for listing pre-existing prospects and specifying commission percentages. The form is designed to ensure compliance with New York Real Property Law and to clarify when a commission is earned and payable in connection with executed office leases. www.FormsWorkflow.com

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