This office lease form is an exclusive brokerage agreement whereas the client wishes to obtain an office premises, an office building, or an interest in an office building with particulars and amenities as advised to the broker by the client in an orderly, prompt and prudent manner through a search effort that will meet the client's requirements in the current marketplace. This agreement lists the terms of the agreement, the requirements and rights of both parties, and services to be rendered.
Kansas Brokerage Agreement for Services to Tenant
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State:
Multi-State
Control #:
US-OL29A092
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Word;
PDF
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How to fill out Brokerage Agreement For Services To Tenant?
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FAQ
BRRETA defines a material fact as any fact that a party: does not know, could not reasonably discover, and would reasonably want to know. A broker should disclose any relationship with another party in the transaction (friend, relative, Page 5 5 business associate).
This lesson discusses the responsibilities of the seller's agent and the buyer's agent in Kansas ing to the Brokerage Relationships in Real Estate Transactions Act (BRETTA).
While they do not provide the same level of representation as a traditional agent, they can still be very helpful in guiding buyers and sellers through the process. In addition, transaction brokers can often save both parties time and money by helping to negotiate the terms of the sale.
The transaction broker has no duty to: conduct an independent inspection of the property for the benefit of any party. conduct an independent investigation of the buyer's financial condition.
The Brokerage Relationships in Real Estate Transactions, BRETTA, a Georgia statute, controls the legal relationship of brokers to clients in this situation.In these cases, BRETTA allows the managing broker to legally assigns different licensees as designated agents to exclusively represent different clients in the same ...
Duties of Seller's Agent, Buyer's Agent and Transaction Broker. The Kansas Brokerage Relationships in Real Estate Transactions Act (referred to as BRRETA II) became effective on October 1, 1997.
If a buyer client becomes interested in making an offer on SELLER'S property, then the BROKER would be in a position of representing both Buyer and Seller in that transaction. Such representation would constitute dual agency, which is illegal in Kansas.
The Brokerage Relationships in Real Estate Transactions Act (BRRETA) is an act designed to protect consumers and requires that agency relationships be explained to all prospective customers and clients.