Michigan Brokerage Agreement for Services to Tenant

State:
Multi-State
Control #:
US-OL29A092
Format:
Word; 
PDF
Instant download

Description

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.

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  • Preview Brokerage Agreement for Services to Tenant
  • Preview Brokerage Agreement for Services to Tenant
  • Preview Brokerage Agreement for Services to Tenant

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FAQ

A brokerage agreement is a statutory agreement between a broker and a customer, summarizing the terms and conditions of their professional association. In addition, brokers can offer different services, including managing portfolios, purchasing and selling securities, and offering investment advice.

Buyer gives Broker the exclusive right to locate and/or assist in the purchase, exchange or option to purchase property (purchase) at a price and with terms acceptable to Buyer. 2. Buyer agrees to compensate Transaction Broker.

A service agreement is a contract between a brokerage and a client. The client agrees to hire the brokerage to act on their behalf in a real estate transaction. The brokerage agrees to deliver the services specific to the contract and fulfill various obligations to the client.

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.

"Brokerage relationship" means the contractual relationship between a client and a real estate licensee who has been engaged by such client for the purpose of procuring a seller, buyer, option, tenant, or landlord ready, able, and willing to sell, buy, option, exchange or rent real estate on behalf of a client.

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Michigan Brokerage Agreement for Services to Tenant