Michigan Lease Provisions Relating to Brokers

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Multi-State
Control #:
US-OL29A07
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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

Under California law, a real estate broker has a fiduciary duty to their client. The broker's fiduciary duty to the client requires the utmost good faith and undivided service and loyalty. The broker fiduciary duty is greater than the negligence standard of due care of under Civil Code § 2079.

REALTORS shall submit offers and counter-?offers objectively and as quickly as possible. REALTORS shall continue to submit all offers and counter-?offers until closing unless seller has waived this obligation in writing.

Informed Consent ? Both parties involved in a dual agency transaction must provide their informed written consent for the arrangement to proceed. Without this consent, an agent cannot represent both sides.

554.134 Termination of estate at will or by sufferance or tenancy from year to year.

You must move within 24 hours from the date this notice was served or the landlord/landlady may take you to court to evict you. 3. If your landlord/landlady takes you to court to evict you, you will have the opportunity to present reasons why you believe you should not be evicted.

If a tenant violates any terms of the lease agreement, the landlord must issue a 30-Day Notice to Quit. If the tenant resolves these issues on time, the eviction process does not continue. Lease violations may include: Damage to the rental property.

A Michigan 7-Day Notice to Quit (Non-Payment), also called a ?Demand,? is a rental notice used to inform a tenant of unpaid rent, which they will have 7 days to cure the breach. If the tenant decides to move out within 7 days, they may still be liable to pay rent.

Michigan Notice to Quit - Why is it important? You can use the notice to quit form to end your Michigan Residential Lease if the tenant has failed to pay rent. The Michigan Notice to Quit Form should not be confused with the "Writ of Possession" (read more about Michigan eviction notice) which is issued by the courts.

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Michigan Lease Provisions Relating to Brokers