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The shipper-broker agreement outlines the terms and conditions of the working relationship between the shipper and the broker. It includes details about the duration of the contract, which services the broker will provide the shipper, and the amount and types of carrier insurance required.
What is a broker-carrier agreement? In its most basic form, the broker-carrier agreement is a contract between two or more parties that details legally enforceable mutual obligations. Going a little deeper into Law 101, that enforceable contract must contain mutual assent, expressed by a valid offer and acceptance.
A listing agreement is a contract between a property owner and a real estate broker that authorizes the broker to represent the seller and find a buyer for the property. The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.
Freight rates and fees are defined in the broker-carrier agreement, including shipping costs, fuel rates, customs/taxes, handling fees and any other expenses. The document should specifically address and when and how you'll receive payment for transporting the load.
A brokerage agreement is a type of contract wherein one party agrees to act as a sales agent of another, who is called the principal. Updated October 29, 2020: A brokerage agreement is a type of contract wherein one party agrees to act as a sales agent of another, who is called the principal.