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Agreement For Exclusivity Of Listing For Lease Of Property - Legal Forms
|Agreement For Exclusivity Of Listing For Lease Of Property Form. This is a Legal Forms form and can be used in Leases And Tenancies .||
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AGREEMENT FOR EXCLUSIVITY OF LISTING FOR LEASE OF PROPERTY This agreement is effective as of ________________________ (Date), between ______________________________, of _________________________________________ (Address)," broker" and _____________________________________, of ____________________________________________________ (Address), "owner". PART I. EMPLOYMENT OF BROKER In consideration of the services to be rendered by broker, the owner employs broker as his exclusive agent. The broker will procure tenants for rental units located at ______________________________ (Address). PART II. COMMISSION As compensation for the efforts of broker, he will receive commission for each tenant procured in the amount of _________ percent of each months rent. PART III. TERM This agreement can be terminated by either party on __________ days written notice. PART IV. ADVERTISING The broker is authorized to advertise the rental units however he sees fit. The broker may also place his signs on the premises and remove all other signs. PART V. GOVERNING LAW It is agreed that this agreement shall be governed and enforced in accordance with the laws of the state of _________________________ (State). PART VI. ARBITRATION OF DISPUTES All disputes, claims, and questions regarding the rights and obligations of the parties under the terms of this agreement are subject to arbitration. Either party may file a demand in writing with the other party within __________ days after the dispute arises. Arbitration shall be conducted by ____________________________ (Set Forth Terms) of arbitration, such as: _____________________________________________. 2001 © American LegalNet, Inc. In witness whereof, each party to this agreement has caused it to be executed at _______________________________________ (Location) on _____________ (Date) _________________________ Signature _____________________ Date _________________________ Signature _____________________ Date 2001 © American LegalNet, Inc.