Agreement Between Broker And Owner for the United States

Agreement Between Broker And Owner Template for United States

A legally binding contract governed by U.S. federal and state real estate laws that establishes the professional relationship between a licensed real estate broker and a property owner. The agreement outlines the scope of services, compensation terms, duration, and responsibilities of both parties in the marketing, selling, or management of the owner's property. It includes specific provisions for compliance with state licensing requirements, real estate regulations, and professional standards.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

1. Select your governing law:

2. Enter your key requirements:

3. Create your document to edit, review or download

Download a Standard Template

Get our United States-compliant Agreement Between Broker And Owner

4.6 / 5

4.8 / 5

Alternatively: Run an advanced review of an existing
Agreement Between Broker And Owner

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

Upload your Doc

What is a Agreement Between Broker And Owner?

The Agreement Between Broker And Owner is a fundamental document in real estate transactions across the United States. It serves as the primary contract establishing the professional relationship between property owners and licensed real estate professionals. This agreement is essential when property owners seek to engage professional services for selling, leasing, or managing their properties. It typically includes detailed provisions about commission structures, service scope, duration, marketing strategies, and compliance with both federal and state-specific real estate regulations. The document must adhere to state-specific licensing requirements and may need to accommodate varying regional real estate practices.

What sections should be included in a Agreement Between Broker And Owner?

1. Parties: Identification of broker and property owner with full legal names and addresses

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement including broker services, property, commission, and other relevant definitions

4. Scope of Services: Detailed description of broker's services and responsibilities including marketing, showing property, negotiating deals

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

6. Compensation: Commission structure, payment terms, and conditions for commission earning

7. Representations and Warranties: Statements of fact by both parties regarding authority, property condition, and compliance with laws

8. Governing Law: Applicable jurisdiction and legal framework for the agreement

What sections are optional to include in a Agreement Between Broker And Owner?

1. Property Management Services: Additional terms for property management including maintenance, tenant relations, and financial reporting

2. Marketing Plan: Specific marketing strategies, advertising commitments, and promotional activities

3. International Considerations: Special provisions for international owners or cross-border transactions

What schedules should be included in a Agreement Between Broker And Owner?

1. Property Schedule: Detailed description of property/properties covered under the agreement

2. Fee Schedule: Detailed breakdown of all fees, commission structures, and payment terms

3. Service Level Agreement: Specific performance metrics and service standards for the broker

4. Required Disclosures: State-mandated real estate disclosures and forms

Authors

Alex Denne

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

Cost

Free to use

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Property Management
Commercial Real Estate
Residential Real Estate

Relevant Teams

Real Estate Operations
Legal
Compliance
Sales
Property Management

Relevant Roles

Real Estate Broker
Property Manager
Real Estate Agent
Real Estate Attorney
Compliance Officer

Industries

RESPA: Real Estate Settlement Procedures Act - Federal law governing real estate transactions and settlement processes

Fair Housing Act: Federal law prohibiting discrimination in real estate transactions based on protected characteristics

ADA Compliance: Americans with Disabilities Act requirements ensuring accessibility in real estate services

Truth in Lending Act: Federal law requiring disclosure of credit terms and standardizing how costs are calculated and disclosed

Anti-Trust Laws: Federal and state laws preventing anti-competitive practices in real estate brokerage

State Real Estate Commission Regulations: State-specific rules governing real estate practice and broker conduct

State Licensing Requirements: Mandatory licensing and qualification requirements for real estate brokers at the state level

State Disclosure Requirements: State-mandated disclosures needed in real estate transactions and agreements

State Consumer Protection Laws: State-specific laws protecting consumers in real estate transactions

Agency Relationship Laws: State laws governing the fiduciary relationships between brokers and clients

NAR Code of Ethics: Professional standards set by the National Association of REALTORSยฎ

MLS Regulations: Rules and requirements for Multiple Listing Service participation and compliance

State Contract Law: Basic contract formation and enforcement requirements under state law

Statute of Frauds: Legal requirement that certain contracts, including real estate agreements, must be in writing

ESIGN Act: Federal law governing the validity of electronic signatures in contracts

Commission Regulations: State-specific rules governing real estate commission structures and payments

Property Management Laws: State laws governing property management activities if included in broker services

Data Privacy Laws: Federal and state requirements for handling client personal and financial information

Marketing Regulations: Federal and state rules governing real estate advertising and marketing practices

Dual Agency Regulations: State-specific rules governing situations where a broker represents both parties in a transaction

Find the exact document you need

No matches found.

Exclusive Contract With A Real Estate Agent

A U.S.-governed contract establishing an exclusive relationship between a property owner and real estate agent, granting sole rights for property marketing and sale/lease.

How Cambridge United Uses Genie AI to Speed Up Player Signings and Slash Legal Costs

Generate a Bespoke Document

Download a Standard Template

What is a Agreement Between Broker And Owner?

What sections should be included in a Agreement Between Broker And Owner?

What sections are optional to include in a Agreement Between Broker And Owner?

What schedules should be included in a Agreement Between Broker And Owner?

Authors

Alex Denne

Jurisdiction

Publisher

Document Type

Sector

Cost

Find the exact document you need

Exclusive Contract With A Real Estate Agent

Business Broker Engagement Agreement

Business Broker Agreement

Buyer Tenant Representation Agreement

Buyer Broker Commission Agreement

Buyer Agent Commission Agreement

Business Broker Listing Agreement

Co Broker Agreement

Buyer Broker Exclusive Agreement

Buyer Broker Agreement

Wholesale Broker Agreement

Transaction Broker Agreement

Tenant Broker Agreement

Split Commission Agreement

Seller Listing Agreement

Seller Broker Commission Agreement

Seller Agency Agreement

Sales Broker Agreement

Residential Listing Agreement Compensation To Broker

Rental Broker Fee Agreement

Rental Broker Agreement

Registration Agreement Between Brokers

Registration Agreement Between Broker And Owner

Referral Agreement Between Brokers

Real Estate Brokerage Operating Agreement

Real Estate Broker Referral Agreement

Real Estate Broker Of Record Agreement

Real Estate Broker Independent Contractor Agreement

Real Estate Broker Fee Agreement

Real Estate Broker Employment Agreement

Real Estate Broker Confidentiality Agreement

Real Estate Broker Commission Agreement

Real Estate Broker Agreement

Real Estate Broker Agent Commission Split Agreement

Real Estate Agent Retainer Agreement

Real Estate Agent Rental Agreement

Real Estate Agent Referral Agreement

Real Estate Agent Listing Agreement

Real Estate Agent Independent Contractor Agreement

Real Estate Agent Commission Split Agreement

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security:

Templates

Contract Templates

Letter Templates

Policy Templates

Industries

Legal Services

Manufacturing

Construction

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

Generate Legal Docs Free