Disclaimer
The content provided is intended solely as a general example related to contractual arrangements between property sellers and agents. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in real estate or contractual law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.
Please be advised: This is a sample template for a Real Estate Commission Agreement in the United States, provided for illustrative purposes only. Actual terms may differ based on specific agreements and applicable laws.
Sample Real Estate Commission Agreement (US)
Parties Involved:
Broker: XYZ Realty Inc.
Address: 123 Main Street, Los Angeles, CA 90001
Client: John Doe
Address: 456 Elm Street, Los Angeles, CA 90002
Property Details:
The property subject to this agreement is located at 789 Maple Avenue, Los Angeles, CA 90003, or other real estate as specified in subsequent negotiations.
Commission Terms:
The broker shall earn a commission of 6% of the final sale price or lease amount, payable at closing or as specified herein.
Broker Responsibilities:
The broker agrees to perform all duties related to marketing, showing, and negotiating on behalf of the client, in compliance with applicable state laws and ethical standards.
Governing Law:
This agreement is governed by the laws of the State of California. Any disputes shall be resolved under the jurisdiction of the Los Angeles County courts.
Additional Provisions:
- The client agrees to cooperate fully with the broker throughout the transaction.
- This agreement can only be modified through a written amendment signed by both parties.
- Commissions are payable only upon successful closing of the transaction.
Los Angeles, ______________________
Michael Johnson (Broker)
Jane Doe (Client)