Get Bda55-5-09 Brokerage Duties Baddendum Tob - Coloradogov

The BDA55-5-09 Brokerage Duties BAddendum Tob is essential for outlining the responsibilities of brokers in property management agreements. This guide provides a step-by-step approach to help users effectively complete the addendum online.

Follow the steps to complete the addendum accurately.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the Property name in the designated field, which identifies the property associated with the management and leasing agreement.
3. Fill in the date of the agreement in the appropriate section, as this establishes the timeline for the brokerage duties.
4. Select the appropriate brokerage relationship by checking one of the boxes at the top of the form: ‘Landlord Agency’ or ‘Transaction-Brokerage’.
5. If applicable, check the box indicating whether the brokerage is a multiple-person firm or a one-person firm. This will determine the parties referenced as Broker.
6. Complete the definitions for the terms ‘Landlord’, ‘Brokerage Firm’, and ‘Broker’ as outlined in sections 2.1 to 2.3. Make sure these designations reflect the specifics of your relationship.
7. Review sections that detail the brokerage relationship. Confirm whether the selected agency type accurately reflects the duties and expectations of the Broker.
8. Go through the ‘Brokerage Duties’ section and ensure that the operational responsibilities of the Broker are clearly understood and agreed upon.
9. Check the boxes related to Landlord's obligations, especially regarding disclosures such as lead-based paint and carbon monoxide alarms if applicable.
10. Date and sign the document in the designated areas for all required parties notably the Landlord and Broker. Ensure all signatures are obtained as necessary.
11. After completing all required fields, review the entire form for completeness and accuracy. You can then save changes, download, print, or share the completed form.

Complete your documents online for a seamless and efficient process.