A Commercial Lease Commission Assumption Agreement is a contract between a landlord and tenant that outlines the terms and conditions for the tenant to assume the landlord's obligation to pay a real estate agent's commission for leasing the property. The agreement typically states the amount of commission to be assumed, the term of the agreement, and the rights and responsibilities of both parties. There are two types of Commercial Lease Commission Assumption Agreements: Fixed Rate and Variable Rate. A Fixed Rate Agreement requires the tenant to pay the same predetermined commission rate for the duration of the lease. A Variable Rate Agreement allows the tenant to negotiate their commission rate with the landlord or real estate agent.
Commercial Lease Commission Assumption Agreement
Category:
State:
Multi-State
Control #:
US-RE-A-17645-1
Format:
Word;
Rich Text
Instant download
Description
This is a sample Commercial Lease Commission Assumption Agreement. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
A Commercial Lease Commission Assumption Agreement is a contract between a landlord and tenant that outlines the terms and conditions for the tenant to assume the landlord's obligation to pay a real estate agent's commission for leasing the property. The agreement typically states the amount of commission to be assumed, the term of the agreement, and the rights and responsibilities of both parties. There are two types of Commercial Lease Commission Assumption Agreements: Fixed Rate and Variable Rate. A Fixed Rate Agreement requires the tenant to pay the same predetermined commission rate for the duration of the lease. A Variable Rate Agreement allows the tenant to negotiate their commission rate with the landlord or real estate agent.
Free preview
How to fill out Commercial Lease Commission Assumption Agreement?
How much time and resources do you typically spend on drafting formal paperwork? There’s a better opportunity to get such forms than hiring legal experts or wasting hours searching the web for a suitable blank. US Legal Forms is the leading online library that offers professionally designed and verified state-specific legal documents for any purpose, such as the Commercial Lease Commission Assumption Agreement.
To obtain and complete a suitable Commercial Lease Commission Assumption Agreement blank, adhere to these simple steps:
- Look through the form content to make sure it meets your state laws. To do so, read the form description or take advantage of the Preview option.
- In case your legal template doesn’t meet your needs, find another one using the search bar at the top of the page.
- If you are already registered with our service, log in and download the Commercial Lease Commission Assumption Agreement. If not, proceed to the next steps.
- Click Buy now once you find the right document. Choose the subscription plan that suits you best to access our library’s full service.
- Sign up for an account and pay for your subscription. You can make a payment with your credit card or via PayPal - our service is totally secure for that.
- Download your Commercial Lease Commission Assumption Agreement on your device and complete it on a printed-out hard copy or electronically.
Another advantage of our service is that you can access previously downloaded documents that you securely store in your profile in the My Forms tab. Get them at any moment and re-complete your paperwork as frequently as you need.
Save time and effort preparing formal paperwork with US Legal Forms, one of the most trustworthy web solutions. Sign up for us today!