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Agreement Between Landlord And Real Estate Agent for the United States

Agreement Between Landlord And Real Estate Agent Template for United States

This document establishes a legal relationship between a property owner and a real estate agent in the United States, outlining the terms and conditions under which the agent will provide services related to property leasing, management, or sale. It defines responsibilities, compensation structures, and service expectations while ensuring compliance with federal and state-specific real estate regulations, including the Fair Housing Act and state licensing requirements.

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Agreement Between Landlord And Real Estate Agent

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What is a Agreement Between Landlord And Real Estate Agent?

An Agreement Between Landlord And Real Estate Agent is essential when a property owner wishes to engage professional real estate services for their property. This document, governed by U.S. federal and state real estate laws, establishes the scope of services, commission structures, and mutual obligations. It provides protection for both parties by clearly defining expectations, responsibilities, and compensation terms while ensuring compliance with relevant real estate regulations. This agreement is particularly important for establishing clear lines of authority, marketing responsibilities, and property management duties if included.

What sections should be included in a Agreement Between Landlord And Real Estate Agent?

1. Parties: Identification of the Landlord and Real Estate Agent with full legal names and addresses

2. Background: Context of the agreement and brief description of the property/properties involved

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of services to be provided by the agent

5. Term and Termination: Duration of agreement and conditions for termination

6. Compensation: Fee structure, commission rates, and payment terms

7. Agent's Obligations: Specific duties and responsibilities of the agent

8. Landlord's Obligations: Specific duties and responsibilities of the landlord

9. Liability and Insurance: Risk allocation and insurance requirements

What sections are optional to include in a Agreement Between Landlord And Real Estate Agent?

1. Property Management Services: Additional section detailing property management services when agent will manage property in addition to listing/leasing

2. Marketing Plan: Section outlining specific marketing strategies and commitments when specific marketing requirements need to be documented

3. Exclusive Rights: Section defining terms of exclusivity when agent has exclusive rights to lease/manage property

4. Performance Metrics: Section detailing specific performance targets and evaluation criteria when performance-based components are included

What schedules should be included in a Agreement Between Landlord And Real Estate Agent?

1. Schedule A - Property Details: Detailed description of property/properties covered by agreement

2. Schedule B - Fee Schedule: Detailed breakdown of all fees and commission structures

3. Schedule C - Services Scope: Detailed listing of all services to be provided

4. Appendix 1 - Required Forms: Standard forms used in leasing process

5. Appendix 2 - Marketing Materials: Samples or templates of marketing materials

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Document Type

Broker Agreement

Cost

Free to use
Clauses




























Industries

Fair Housing Act: Federal law prohibiting discrimination in housing transactions based on race, color, national origin, religion, sex, familial status, and disability

Americans with Disabilities Act (ADA): Federal law requiring reasonable accommodations for persons with disabilities in public accommodations and commercial facilities

Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes and prohibiting kickbacks and referral fees in real estate transactions

Truth in Lending Act: Federal law requiring disclosure of credit terms and standardizing the manner in which costs associated with borrowing are calculated and disclosed

Equal Credit Opportunity Act: Federal law prohibiting discrimination in credit transactions, including those related to real estate

State Real Estate Licensing Laws: State-specific requirements for obtaining and maintaining real estate licenses, including educational requirements and professional conduct standards

State Property Management Regulations: State-specific rules governing property management activities, including maintenance, tenant relations, and financial management

State Agency Laws: Laws governing agency relationships between real estate professionals and their clients, including fiduciary duties and disclosure requirements

NAR Code of Ethics: Professional standards and ethical requirements established by the National Association of REALTORSยฎ for its members

State Contract Law: State-specific requirements for contract formation, enforcement, and termination in real estate transactions

Commission Regulations: Laws and regulations governing real estate commission structures, fee arrangements, and compensation practices

Property Management Laws: Regulations concerning property maintenance, security deposit handling, and tenant screening procedures

Consumer Protection Laws: State and federal laws protecting consumers in real estate transactions, including marketing regulations and disclosure requirements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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