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1. Parties: Identification of the broker and property owner/landlord
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement including commission, lease, property, and other relevant definitions
4. Scope of Services: Details of broker's services and responsibilities in securing tenants and negotiating leases
5. Commission Structure: Commission rates, calculation methods, and payment terms for different lease scenarios
6. Payment Terms: When and how commission payments will be made, including timing and method of payment
7. Term and Termination: Duration of agreement and conditions for termination by either party
8. Representations and Warranties: Statements of fact and promises made by both parties regarding their authority and capabilities
9. Governing Law: Specification of jurisdiction and applicable laws governing the agreement
1. Protection Period: Post-termination period where broker may still earn commission for leads generated during the agreement
2. Co-Broker Arrangements: Terms for sharing commissions with other brokers and cooperation with other real estate professionals
3. Marketing Budget: Allocation and terms for property marketing expenses, including reimbursement provisions
4. Dispute Resolution: Procedures for resolving disputes through mediation or arbitration
5. Indemnification: Terms for mutual indemnification and liability protection
1. Schedule A - Property Details: Detailed description of the property or properties subject to the agreement
2. Schedule B - Commission Rate Schedule: Detailed breakdown of commission rates for different lease scenarios and terms
3. Schedule C - Broker's Services: Comprehensive list of services to be provided by the broker
4. Schedule D - Marketing Plan: Detailed marketing strategy, timeline, and budget allocation if applicable
5. Schedule E - Excluded Prospects: List of any prospective tenants excluded from the commission agreement
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