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An exclusivity clause is an agreement between at least two parties where one party will purchase goods exclusively from another. This ensures that the seller is the only party providing the other with the goods outlined in the agreement.
Exclusive Option Agreement means the Exclusive Option Agreement entered into on the same day of this Agreement by and between the Pledgor, Domestic Company and Beneficiary, ing to which the Pledgor agrees to grant an exclusive option of purchasing its pledged equity right to the Beneficiary.
The Exclusive Right-to-Buy Agreement obligates the buyer to pay the broker if the selling broker cannot be compensated from some other source. The obligation for the seller to pay the broker a commission is a provision which benefits the buyer and is an agreement between the buyer and the seller.
Colorado has a specific agreement that is used to buy and sell residential property called the Colorado Real Estate Commission's Contract to Buy and Sell Real Estate.
The contract must be in writing. The contract must specify the location, such as the lot and block, subdivision, city, and state. The agreed-upon time frame of the contract must grant the buyer's right to purchase. The buyer and the seller must agree upon the purchase price.
As with an exclusive right-to-sell listing, the right-to-buy variation has provisions for a broker fee to be paid by the buyer ? if not paid by the seller ? when the buyer acquires property during the listing period of the type described in the buyer's listing.
Purchase Agreement in an Option to Buy. provides the terms and conditions related to the actual purchase of the property and is only completed when the option is exercised by the tenant/optionee.
The success fee in an Exclusive Right-to- Buy Contract ALWAYS comes from the seller. promote the interests of the Buyer with utmost good faith, loyalty and fidelity. may legally do this by instructing the Broker in the Exclusive Right-to-Buy Contract.