Analyzing the buyer representation agreement
Learn to explain to your buyer and tenant clients the provisions contained within the buyer representation agreement and tenant representation agreement.
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Category: Forms
Real Estate Team Agreement — RPI Form 512
Download the Form This form is used by a group of individuals employed by the same broker to form a real estate Team and set out each member’s obligations and fee sharing as DRE-licensed team members. Your use of...
Read MoreDesignated Officer Employment Agreement — RPI Form 511
Download the Form This form is used by a corporate broker entity when employing an individual broker as its designated officer, to establish their duties as the designated officer and the fee schedule for their earnings. ...
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Form-of-the-Week: Designated Officer Employment Agreement, and Real Estate Team Agreement — Forms 511 and 512
A corporate broker uses RPI Form 511 to establish a corporate broker-officer’s duties and fee schedule for earnings as designated officer of the real estate corporation and licensees held under the same broker use RPI Form 512 to form a real estate team and establish each team member’s responsibilities and fee sharing.
Read MoreFire Hardening and Defensible Space Disclosure Statement — RPI Form 314-1
Download the Form This form is used by a seller or seller agent when marketing for a one-to-four unit residential property located in a high or very high fire hazard severity zone and constructed before January 1, 2010 or...
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Form-of-the-Week: Natural Hazard Disclosure Statement and Fire Hardening and Defensible Space Disclosure Statement — Forms 314 and 314-1
A seller agent uses the Natural Hazard Disclosure Statement to disclose the existence of natural hazards on the sale of any type of real estate to a prospective buyer and the Fire Hardening and Defensible Space Disclosure Statement when the property is in a high fire hazard severity zone to disclose retrofits, local vegetation management ordinances and fire hardening measures the buyer is to consider.
Read MoreRelease and Cancellation of Representation Agreement — RPI Form 121
Download the Form This form is used by an agent when employed by a client under an existing representation agreement that has been terminated by mutual agreement, to document the agreed-to termination of the employment, cancel...
Read MoreModification of Representation Agreement — RPI Form 120
Download the Form This form is used by an agent when the terms of an existing representation agreement with a buyer, seller, landlord, tenant, borrower or lender are modified, to document the agreed-to modification of the...
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Form-of-the-Week: Modification of Representation Agreement and Release and Cancellation of Employment Agreement — Forms 120 and 121
After entering into a representation agreement with a client, an agent uses the Modification of Representation Agreement to change the terms of the employment without canceling it and to terminate the authorization to represent, an agent uses the Release and Cancellation of Representation Agreement.
Read MoreCommercial Lease Agreement Addendum — Lender Subordination and Attornment Provisions — RPI Form 552-8
Download the Form This form is used by a leasing agent or landlord as an addendum when the landlord negotiating a commercial lease wants flexibility for meeting lender demands for mortgage financing, to add provisions in an...
Read MoreCommercial Lease Agreement Addendum — Alienation of Leasehold — RPI Form 552-7
Download the Form This form is used by a leasing agent or landlord as an addendum when the landlord negotiating a commercial lease is concerned about the tenant selling their business or their leasehold to another operator, to...
Read MoreCommercial Lease Agreement Addendum — Maintenance Modification — RPI Form 552-6
Download the Form This form is used by a leasing agent or landlord as an addendum when negotiating a commercial lease agreement on terms for maintenance differing from the Gross or Net terms provided by the form agreement, to...
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Form-of-the-Week: Commercial lease agreement addenda — Forms 552-6, 552-7 and 552-8
A commercial leasing agent and a landlord have several options for including addenda in a commercial lease agreement, including the Maintenance Modification Addendum, Alienation Addendum, Subordination Addendum and a lease agreement addendum with blank spaces.
Read MoreLandlord Representation Agreement — RPI Form 106
Download the Form This form is used by a broker when employed by a commercial property landlord as their sole agent, to solicit prospective tenants and negotiate a lease of the real estate. Your use of RPI Form 106 When to use a...
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Form-of-the-Week: Landlord and Seller Representation Agreement — Forms 106 and 102
A broker employed by a landlord to market the property to tenants, screen tenants and negotiate lease terms in exchange for a fee uses a Landlord Representation Agreement — the leasing equivalent of a Seller Representation Agreement.
Read MoreCommercial Lease Agreement — Month-to-Month Tenancy — RPI Form 552-5
Download the Form This form is used by a leasing agent, tenant or landlord when space in a project is rented by a tenant on a month-to-month basis, to grant the tenancy and set the terms for the tenant’s payment of rent...
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Form-of-the-Week: Commercial lease agreement — percentage and month-to-month — Forms 552-4 and 552-5
A landlord, tenant, leasing agent or property manager when negotiating rent payments as a percentage of a non-residential tenant’s gross sales uses a Commercial Lease Agreement of the percentage variety to set the terms for a fixed-term tenancy or uses the month-to-month variety to prepare a Commercial Rental Agreement for a periodic tenancy.
Read MoreCommercial Lease Agreement — Gross — Multi-Tenant — RPI Form 552-1
Download the Form This form is used by a leasing agent, tenant or landlord when space in a commercial multi-tenant property is leased by a tenant for a fixed-term, to grant the tenancy and set the terms for the tenant’s...
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Form-of-the-Week: Commercial lease agreements — Gross variety — 552 and 552-1
A landlord, tenant, leasing agent or property manager uses a Commercial Lease Agreement of the gross variety for projects with a single tenant or multiple tenants when the landlord retains the obligations to manage and pay for most or all property operating expenses such as property taxes, insurance and maintenance during the tenancy.
Read MoreCommercial Lease Agreement — Net — Multi-Tenant — RPI Form 552-3
Download the Form This form is used by a leasing agent, tenant or landlord when space in a commercial multi-tenant project is leased by a tenant for a fixed-term, to grant the tenancy and set the terms for the tenant’s...
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