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Oklahoma Real Estate Commission Residential Lease
OKLAHOMA REAL ESTATE COMMISSION This is a legally binding Contract; if not understood, seek advice from an attorney. RESIDENTIAL LEASE CONTRACT DOCUMENTS. The contract is defined as this document with the following attachment(s): (check as applicable) ____ Brokerage Disclosure to Landlord/Tenant ____ Move in/Move out Inspection ____ Tenant Guidelines ____ Landlord/Tenant “You Need to Know” ____ Lead-Based Paint Disclosure and Brochure ____ Key/Re-key Addendum ____ Pet Addendum ____ _____________________________________ ____ Homeowner’s Association Rules and Regulations ____ _____________________________________ OWNER’S BROKER, a licensed real estate Broker, OR OWNER of Property. Name (Owner/Owner’s Broker): _______________________________________________________________________ Owner/Owner’s Broker Address: ______________________________________________________________________ Tenant(s) _________________________________________________________________________________________ Property Address: __________________________________________________________________________________ City: _____________________________________________________________ State: ____________ Zip: ________ Legal Description: _________________________________________________________________________________ In consideration of their mutual agreement to the following terms, conditions, and covenants, the Owner/Owner’s Broker leases to Tenant and Tenant leases from Owner/Owner’s Broker the above-described Premises. 1. TERMS, CONDITIONS, AND COVENANTS. A. TERM. This lease -
Flow of Real Estate Transactions (In the Case of an Individual Purchasing a Home)
Flow of Real Estate Transactions (in the case of an individual purchasing a home) Real estate transactions can be broadly divided into those conducted for self-use purposes (actual demand) and those for earning purposes (investment). Here is the flow of real estate transactions summarized as a flowchart, assuming the case of an individual purchasing a home, as an example of actual demand. Flow of Real Estate Transactions (in the case of an individual purchasing a home) ●●●Property for Sale by Owner/Builder and Property for Sale by Broker ●●● The form of selling homes can be broadly divided into properties for sale by owner/builder and properties for sale by broker. The flow of purchase differs depending on this. (1) Property for sale by owner/builder A property purchased directly from the real estate company that is the seller. (There are also cases of purchase via a real estate company entrusted by the seller to act as a sales agent.) In general, newly-constructed condominiums and large groups of newly-constructed detached homes are properties for sale by owner/builder. (2) Property for sale by broker A property purchased through a real estate company acting as broker at the request of the seller. In general, small groups of newly-constructed detached homes and existing properties are properties for sale by broker. Brokerage fees payable to the real estate company may arise in the case of properties for sale by broker. ◆◆◆Property for Sale by Owner/Builder (in the case the seller is a real estate company) Planning by seller (real estate -
Commercial Vs Residential Transactions the Complexities & Needed Due Diligence
A Division of American Surveying & Mapping, Inc. Commercial vs Residential Transactions The Complexities & Needed Due Diligence National Marketing Director Service Provider to the David Herrin, Fidelity National Title Group Cindy Jared, SVP, Major Accounts Family of Companies Thank You Thank You • Thank you to ALTA and to Fidelity National Title Group for sponsorship of this Webinar and the opportunity to present to ALTA members • My name is David Herrin the National Marketing Director of National Due Diligence Services (NDDS) • NDDS is a Division of American Surveying & Mapping, Inc. • We are a national land surveying and professional due diligence firm • Established in 1992 with over 25 years of service • One of the nation's largest, private sector, survey firms • Staff of 150 dedicated & experienced professionals ® 2 Commercial vs Residential Transactions • Residential Transactions – Systematic and Regulated • Commercial Transaction – Complexities • Commercial - Due Diligence Phase – ALTA Survey – Related Title Endorsements • Other Commercial Due Diligence Needs – Environmental Site Assessments – Property Condition Assessments, – Seismic Risk Assessments (PML) – Zoning ® 3 Subject Matter Expert Speakers may include: David Herrin, National Marketing Director, NDDS Mr. Herrin offers over 35 years real estate experience including 10 years as a Georgia licensed Real Estate Broker (prior GRS & CCIM designates), regional manager for a national title insurance company & qualified MCLE instructor in multiple states. Brett Moscovitz, President, -
Lease/Rental Agreement Cover Page (Exhibit A) Property Address: Address
Lease/Rental Agreement Cover Page (Exhibit A) Property Address: address This addendum acknowledges you have received the following (please initial each line and sign below): _________ Lease/Rental Agreement _________ Barbecue Regulations _________ Utility Billing Information _________ Crime Free Lease Addendum _________ Lead-Based Paint Disclosure _________ These are the Consequences if you Break your Lease _________ Mold Information/Prevention _________ Tenant Rules and Regulations _________ Utility Billing Agreement _________ Welcome New Residents _________ Winterization Addendum _________ Space Heater Fact Sheet _________ Cleaning/Damage/Security Deposit Agreement _________ Fire Safety and Protection Information Notice _________ Copy of City of Bellingham Rental Registration Certificate (if applicable) _________ Packet: Law of Real Estate Agency _________ Packet: Mold Guidance _________ Packet: Your Rights as a Tenant _________ Packet: Protect your Family from Lead _________ Condition Checklist _________ ______________________________________________________ _________ ______________________________________________________ _________ ______________________________________________________ _________ ______________________________________________________ By my initials, I acknowledge that I have received and read the addenda in my leasing packet as noted and acknowledged above. ___________________________________ ____________________________________ Tenant Signature Date Tenant Signature Date ___________________________________ ____________________________________ -
Unrepresented Buyer Acknowledgement
UNREPRESENTED BUYER ACKNOWLEDGEMENT This Unrepresented Buyer Acknowledgement (the “Acknowledgement”) is made by ____________________________________________________________________________ (“Buyer”) regarding the property located at _________________________________________________________ ______________________________________________________________________ (the “Property”). Redfin Corporation (“Redfin”) represents the seller of the Property. 1. BUYER IS UNREPRESENTED. Buyer is not currently represented by, or otherwise working with, a real estate agent. 2. REDFIN REPRESENTS SELLER ONLY, NOT BUYER. Redfin does not represent Buyer or Buyer’s interests. Redfin solely represents the interests of the seller of the Property. 3. NO AGENCY RELATIONSHIP WITH REDFIN. There is no agency relationship between Buyer and Redfin. In the course of representing the seller of the Property, Redfin may perform several real estate activities including, without limitation, the following: ● Answer questions about the Property; ● Hold open houses of the Property; ● Conduct tours of the Property; and ● Transcribe a prospective buyer’s offer terms into contract form (although Buyer agrees it remains Buyer’s sole responsibility to review, complete, understand, and sign such contracts). Neither those activities nor this Acknowledgement create an agency relationship between Buyer and Redfin. If, at a later date, Buyer would like to be represented by a Redfin agent in Buyer’s efforts to purchase this Property or a different property, then Buyer will enter an agency agreement with Redfin at that time. Unless and until Buyer enters an agency agreement with Redfin, Buyer understands and agrees that Redfin does not represent Buyer’s interests in the purchase of this Property or any other property. 4. OPPORTUNITY TO CONSULT WITH AGENT. Buyer understands that real estate transactions are complex and that real estate agents can provide valuable services in guiding their clients through the real estate transaction process. -
Residential Real Estate Conveyancing
BEST PRACTICE MANUAL Residential Real Estate Conveyancing The material is this manual is for illustration purposes only and is not to be copied or shared. Some of the information is compiled from the following sources: Continuing Legal Education Society Law Society of British Columbia of British Columbia Practical Legal Training Course Conveyancing Deskbook Real Estate Practice Manual The Society strongly recommends that its members subscribe to the CLE course materials noted above. ENCOURAGING BEST PRACTICE FOR BC NOTARIES 1 April 2009 Index RESIDENTIAL REAL Estate CONVEYANCING ................................................... 4 Introduction ..................................................................................................................4 Relying on Staff.............................................................................................................5 Talking to your Client .....................................................................................................5 Taking Instructions ........................................................................................................6 Scope of the Retainer ...................................................................................................7 Multiple Clients .............................................................................................................8 Consent/Conflict of Interest ..........................................................................................8 Independent Legal Advice ..........................................................................................11 -
Updated Requirements for Pre-Foreclosure Sales (PFS) and Deeds in Lieu (DIL) of Foreclosure
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000 ASSISTANT SECRETARY FOR HOUSING- FEDERAL HOUSING COMMISSIONER July 10, 2014 Mortgagee Letter 2014-15 To All FHA-Approved Mortgagees Servicing Single Family Mortgages Subject Updated Requirements for Pre-Foreclosure Sales (PFS) and Deeds in Lieu (DIL) of Foreclosure Purpose This Mortgagee Letter sets forth the Department’s policies on Pre-Foreclosure Sales and Deed In Lieu transactions. This Mortgagee Letter also describes: Requirements for real estate agents and brokers participating in PFS transactions; An initial listing period requirement for PFS transactions; Updated sample language for the PFS Addendum; Documentation requirements for verifying assets, income, and expenses; Use of the Deficit Income Test (DIT); The elimination of the financial hardship/deficit income PFS requirement for a servicemember who has received Permanent Change of Station (PCS) Orders; Validation requirements for appraisals; The criteria under which the Department will permit non-arms-length PFS transactions; and The minimum marketing period for all PFS transactions. Effective Date Mortgagees must implement the requirements in this Mortgagee Letter for all new Approvals to Participate (ATPs) no later than October 1, 2014. Affected Policy This Mortgagee Letter supersedes in its entirety Mortgagee Letter 2013-23, Updated Pre-Foreclosure Sale (PFS) and Deed in Lieu (DIL) of Foreclosure Requirements, published on July 9, 2013. The policies set forth in this Mortgagee Letter also supersede, where in conflict, Mortgagee Letters 2013- 34, 2008-43, 2002-13, and 2000-05. All other requirements of Mortgagee Letters 2008-43, 2002-13, and 2000-05 remain in effect. Priority Order If none of FHA’s loss mitigation home retention options are available or of PFS and DIL appropriate, the mortgagee must evaluate the borrower for a non-home retention option. -
New Residential Lease Agreement
RESIDENTIAL LEASE AGREEMENT THE LANDLORD ASSOCIATION OF PENNSYLVANIA CAUTION: Consult a lawyer before using or acting under this form. The publisher of this form makes no warranty of its fitness for any particular purpose 1. PARTIES: This lease is made on _____________________, 20____ between the LANDLORD __________________________________, address: ______________________________________________ and the TENANTS: _______________________________________________________________________ 2. PROPERTY: The landlord agrees to rent to the tenant the property described as: ______________________________________ located in _____________________________, Pennsylvania 3. CONDITIONS: A) The rent for the property is $_____________ per month The tenant must pay the rent on the ________ day of the month and deliver it to the LANDLORD at the above address B) If the tenant fails to pay the rent on the due date, the LANDLORD may end this lease If the rent is more than ________days late, the tenant must pay a late fee of $___________ and then another $__________ for each additional day that the rent is late The late fees specified are reasonable estimations of the losses the landlord will suffer as a result of late payment of rent C) The term of this lease is ______________ beginning on ___________, 20___ The total rent due for the full term of this lease is $_____________ In the event that the tenant should break this lease without the written permission of the LANDLORD, the unpaid rent for the remainder of this lease will become immediately due and owing -
Flat Fee / Limited Service Disclosure / Limitation Of
FLAT FEE / LIMITED SERVICE DISCLOSURE / LIMITATION OF LIABILITY Flat Fee Discount Realty, Real Estate Brokerage is offering a Limited Service Listing, the following services will/will not be provided: *Comparative Market Analysis (CMA) will be provided upon request. *Your property will be listed in the Multiple Listing Service (MLS) with an Exclusive Right to Sell Listing Agreement. The MLS will not allow multiple Brokers to post the same property in the MLS at the same time. You will be exclusively listed with us. *Cooperating Brokers (Realtors) have permission and authority to make appointments and ask questions directly with you. Your private contact information will be posted in the MLS for only Realtors to view using their password. Once your property is posted in the MLS system, that data automatically downloads into other Realty websites including Realtor.com. How the information is ultimately posted on other websites is beyond our control. Realtor.com (& other Real Estate websites) sell zip codes to local Buyer Representatives (Realtors) in your area, so Buyer inquiries will go directly to that Realtor. The MLS guidelines prohibit private information from being posted on their website (MLS). If a Buyer is interested in your property, the Buyer will contact their Realtor so the Realtor can use their password to look up your private contact information in the MLS. Our ultimate goal is to have Realtors help bring you a qualified Buyer. *You name the price, terms and commission; you advertise and show yourself. Obtain your own buyer and pay no selling commission. * Flat Fee Discount Realty is available to accept delivery of Offers to Purchase your property, submit Counteroffers, provide a Seller’s Closing Cost Estimate and answer any questions relating to Real Estate transactions that are presented by a Buyer’s Realtor (Selling Broker) upon request. -
Equipment Rental Agreement (Lease)
EQUIPMENT RENTAL AGREEMENT (LEASE) THIS AGREEMENT, made the ________day of____________________________, 200____, by and between ____________________________________, hereafter called the Lessee, and ___________________________Conservation District, hereafter called the Lessor. Lessee and Lessor, for the consideration hereafter named, agree as follows: Under the General Conditions of Lease attached to this sheet, Lessor hereby leases to Lessee all equipment named and identified in the following “List of Equipment,” for use at such location and at such rental rate for approximately such time as is therein stated. Lessor shall furnish such equipment, F.O.B., in operative condition. LIST OF EQUIPMENT Description Location of Duration of Lessor Rental Rental Rate of equipment equipment Identification Rate Per Unit (daily, Equipment use use Number Article ($) monthly) Lessor and Lessee, for themselves, their successors, executors, administrators and assigns, agree to the full performance of the covenants herein contained. IN WITNESS WHEREOF, they have executed this Agreement the day and year first above written: _______________________________Conservation District, Lessor By:______________________________________ _________________________________________, Lessee By:______________________________________ Page 1 of 5 Equipment Rental Agreement – CONSERVATION DISTRICT PROGRAM GENERAL CONDITIONS OF EQUIPMENT RENTAL AGREEMENT (LEASE) The conditions of lease here below stated, together with the Agreement set forth on the reverse side of this sheet, -
Seasonal/Short Term Rental Agreement
SEASONAL/SHORT TERM RENTAL AGREEMENT We thank you for choosing PREMIER SOTHEBYS INTERNATIONAL REALTY and hope you enjoy your stay in Florida. If Terms and conditions are acceptable, please sign this agreement and return to PREMIER SOTHEBYS INTERNATIONAL REALTY. If you are renting the unit sight unseen, your signatures on this reservation releases Broker, and its representatives from any deficiencies you may find in the unit upon your arrival. Please bring your copy with you on arrival. Tenant Name(s): Total # of Occupants: Property Address: Phone # Parking Space: Number of Bedrooms: Check in Date: (After 3:00 P.M.) Check Out Date: (10:00 A.M.) Owner’s Names: RENTAL AGENT: @sothebysrealty.com RENT FOR TERM: $ SALES/TOURIST TAX: $ SOTHEBY’S MAIN PHONE: (239) 262-4242 PREPAID DEPARTURE CLEANING: $ EMERGENCY PHONE: (239) 498-3628 BOOKING CHARGE: $50.00 DAMAGE PROTECTION PLAN: $39.00 CLEANING/DAMAGE/UTILITY DEPOSIT: $1000.00 (Security Deposit) CONDO/HOMEOWNERS ASSN. APPROVAL FEE: $ TRAVELERS INSURANCE (OPTIONAL) $ TO BE PAID AS FOLLOWS 1st PAYMENT OF: $ Rent (INCLUDING) Travelers Insurance charge if accepting Travelers Insurance. DUE NO LATER THAN: DATE, 2013 (PAYABLE TO: PREMIER SIR) (OR) 1st PAYMENT OF: $ Rent if (DECLINING) the Travelers Insurance. DUE NO LATER THAN: DATE, 2013 (PAYABLE TO: PREMIER SIR) CONDO PAYMENT OF: $ DUE NO LATER THAN: DATE, 2013 (PAYABLE TO: ) CONDO PAYMENT OF: $ DUE NO LATER THAN: DATE, 2013 (PAYABLE TO: ) 2nd PAYMENT OF: $ DUE NO LATER THAN: DATE, 2013 (PAYABLE TO: PREMIER SIR) 3rd PAYMENT OF: $ DUE NO LATER THAN: DATE, 2013 (PAYABLE TO: PREMIER SIR) Please make checks payable as indicated above and send to: PREMIER SOTHEBYS INTERNATIONAL REALTY AT: 1395 PANTHER LANE, SUITE 200, NAPLES, FL 34109. -
Commonly Used Real Estate Transaction Terms
Commonly Used Real Estate Transaction Terms The following terms are utilized frequently in real estate transactions that are not used in implementing other NRCS conservation programs. The definitions provided for this list of terms does not supersede definitions provided in the WRP manual or in the Department of Justice title standards, but is intended to clarify frequently used terms. 1. “Exceptions and clouds on title” refers to any evidence that the landowner is not in full control of the property to be encumbered by the Wetlands Restoration Program (WRP) easement or contract or that the property cannot be used for wetland restoration purposes. Exceptions and clouds on title can include mechanics’ liens, mortgages, judgments, divorce decrees, other conservation easements, hazardous waste risks, and squatters’ rights. 2. “Title search documents” refers to the summaries of information regarding the documents obtained by searching the land records, court dockets, and other public records. These summaries are contained in documents entitled “Preliminary Title Report,” “Title Commitment Binder,” “Title Abstract,” and the like. 3. “Underlying documents” refers to the individual documents listed in the title search documents summary that are obtained by searching the land records, court dockets, and other public records. 4. “Closing agent” refers to the person or entity preparing the title search document, providing the underlying documents, or handling the closing and legal transfer of title and ownership from the seller to the buyer. The closing agent is typically not an agent of either party, but simply the person entrusted to carry out all non-conflicting instructions from all parties. In WRP transactions, the closing agent is hired by NRCS and thus is consider a buyer’s agent.