Arizona Lease Provisions Relating to Brokers

State:
Multi-State
Control #:
US-OL29A07
Format:
Word; 
PDF
Instant download

Description

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.

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FAQ

The records of each transaction and employment records shall be kept by the broker for a period of at least five years from the date of the termination of the transaction or employment.

A corporation, limited liability company or partnership applying for a broker's license for the entity shall designate a natural person who is licensed as a broker and who is an officer of the corporation, manager of the limited liability company if management of the limited liability company is vested in one or more ...

No person shall be denied the opportunity to obtain or retain employment because of non-membership in a labor organization, nor shall the State or any subdivision thereof, or any corporation, individual or association of any kind enter into any agreement, written or oral, which excludes any person from employment or ...

Arizona statutes require that real estate employment agreements must: -Detail all material agreement terms, including how the broker will be compensated. -Include a specific beginning and ending date. -Be signed by all agreement parties.

Judicial Power; Courts The judicial power shall be vested in an integrated judicial department consisting of a supreme court, such intermediate appellate courts as may be provided by law, a superior court, such courts inferior to the superior court as may be provided by law, and justice courts.

Section 1. (1) The English language is the official language of the state of Arizona. (2) As the official language of this state, the English language is the language of the ballot, the public schools and all government functions and actions.

Article II, § 26 of the Arizona Constitution states: ?The right of the individual citizen to bear arms in defense of himself or the State shall not be impaired, but nothing in this section shall be construed as authorizing individuals or corporations to organize, maintain, or employ an armed body of men.?1 In addition, ...

Article XXVI of the Arizona Constitution is entitled Right of Licensed Real Estate Brokers and Salesmen to Prepare Instruments Incident to Property Transactions.

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Arizona Lease Provisions Relating to Brokers