Broker Agreement Template
This agreement pertains to the salelease of property located at.
Broker agreement template. Listing broker agrees to pay cooperating broker a brokerage commission split equivalent to. Download this template review attorney drafted comments and put in a request to have a priori legal ma attorney customize it for you. Broker shall not be entitled to any compensation under this agreement if any one of the preceding requirements are not fully satisfied. A broker agreement also known as a finders fee agreement or a referral agreement sets forth the terms and conditions under which a broker will either find goods andor services for a buyer to purchase or interested buyers for goods andor services being sold by a seller.
How to customize the template. Broker agrees to pay carriers invoice within thirty 30 days of receipt of the bill of lading or proof of delivery provided carrier is not in default under the terms of this. The document is written according to your responses clauses are added or removed paragraphs are customised words are changed etc. In this case a broker is someone with knowledge and contacts in a certain field who can facilitate the connection of one business or individual with another.
Whereas both parties acknowledge that the listing broker represents the seller or landlord for the property listed above. If broker has not paid carriers invoice as agreed and carrier has complied with the terms of this agreement carrier may seek payment from the. If the preceding requirements of this paragraph 3 are met at the closing of the purchase of the. The brokers role may be limited to just introducing a buyer and a seller or may be more involved in the transaction.
Use this template to draft your own agreement. At the end you will immediately receive the document in word and pdf formats for freeyou can then open the word document to modify it and reuse it however you wish. Use the form on the left to fill in the template. The agreement addresses interests of both parties to seal a win win deal between a business owner and a business broker.
With a broker agreement you either a broker or client can set forth the terms and conditions of the brokers payment for his or her services. This is a complete well balanced business broker contract to list a business for sale. It includes the broker details the land to be sold and the terms of payment for the broker. This pdf commission agreement template is used in cases of brokerage of a land buy or sale.