Realtor Association Fox Valley Form PDF Details

In today’s fast-paced real estate market, having a clear and comprehensive leasing agreement is paramount for ensuring the rights and duties of all parties involved are adequately protected. The Exclusive Right to Lease Agreement provided by the REALTOR® Association of the Fox Valley, Inc. is a testament to such an understanding, encompassing key elements that define the terms of the lease, the role of the brokerage company, and the obligations of the lessor and lessee. Beginning with the identification of the property to be leased and extending through terms of the agreement, marketing price, security deposit, commission structure, and brokerage company cooperation, the document provides a structured framework for the leasing process. It also delves into utilities, fixtures and personal property included in the lease, the handling of multiple offers, and disclosures regarding foreclosure. The designation of a legal licensee to market the lessor's property and an emphasis on confidentiality underscore the professional approach taken in these transactions. Further, it addresses dual agency representation, fair housing compliance, marketing authorizations, and the broker's responsibilities, ensuring all bases are covered. This comprehensive form not only facilitates a smooth leasing process but also underscores the importance of transparency, accountability, and professionalism within the real estate industry.

QuestionAnswer
Form NameRealtor Association Fox Valley Form
Form Length6 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min 30 sec
Other nameshereof, realtor association fox valley rental agreement, Illinois, Licensees

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Managing Broker Initial_________ Designated Licensee Initial _________ Lessor Initial_________ Lessor Initial________
Address______________________________________________________________________________________________
Exclusive Right To Lease- REALTOR® Association of the Fox Valley, Inc. 04/12Page 1 of 6

EXCLUSI VE RI GHT TO LEASE AGREEMENT

1 This Agr eem ent is ent er ed int o t his _______ day of ________________ ( m ont h) ___________ ( year ) , ( Effe ct iv e D a t e ) by

2and bet w een ______________________________________________________________________ ( Br oker age Com pany )

3 __________________________________________________________________________________ ( Br oker age Address)

4 and _______________________________________________________________________________________ ( Lessor ) .

5

I n considerat ion of t he

following

agreem ent s and

of y our effort s t o procure a qualified

LESSEE for t he propert y

and

6

im provem ent s t her eon

described

below , I ( we) ,

t he undersigned, hereinaft er referred

t o as LESSOR, appoint

you,

7

hereinaft er referred t o as BROKERAGE COMPANY, wit h t he EXCLUSI VE RI GHT TO LEASE said propert y under t he follow ing

8t er m s and condit ions:

9

10

1 . PROPERTY:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12

Addr ess: ________________________________________________ , Unit No: __________ , Cit y : _____________________

13

Count y : ________________________ , St at e: ________ , Zip Code: ____________ , hereinaft er referred t o as t he “ Propert y” .

14

Per m anent I ndex No. ( PI N) : _____________________________________________________________________________

15

Lot Appr oxim at ely: ___________________________________________________________________________________

16

Condo, Coop, or Tow nhom e

Park ing Space I ncluded ( check

t ype) : ___ deeded space:

___ lim it ed com m on

elem ent ;

17

___ assigned: Par king Space# ____ . I f deeded space, Per m anent I ndex No. ( PI N) : __________________________________

18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19

2 . TERM OF AGREEM EN T:

The Term of

t his Agr eem ent shall

begin

on t he Effe ct ive

D a t e and shall

t erm inat e

on

20

_________________________

( “ Mar ket ing

Per iod” ) . This Agr eem ent m ay not be t er m inat ed

or

am ended

pr ior

t o

t he

21

expirat ion dat e wit hout t he express writ t en consent of bot h part ies t o t his Agreem ent . I f t he par t ies m ut ually agree t o t he

22

t er m inat ion of t his Agr eem ent prior t o it s t erm inat ion dat e, LESSOR agrees t o pay $ __________ t o t he Brokerage Com pany

23

for said cancellat ion fee.

 

 

 

 

 

 

 

 

 

 

 

 

 

24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

25

3 .

M ARKETI N G PRI CE:

The pr ice shall be $ _______________________________

or

as

am ended by

w r it t en

26

agreem ent ( s) .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

28

4 .

SECURI TY D EPOSI T:

Secur it y Deposit

( Guarant eed Funds) ,

if any,

shall be held by

Lessor,

in a m anner

consist ent

29

wit h I llinois st at e law and t he execut ed Lease.

 

 

 

 

 

 

 

 

 

 

30

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

31

5 .

COM M I SSI ON :

I f during

t he t erm of t his Ex clusive Right

t o

Lease

Agreem ent ( hereaft er

“ Agr eem ent ” ) ,

Brokerage

32

Com pany obt ains an offer t o lease t he Propert y from a ready, willing and able Lessee [ Tenant and Lessee shall be deem ed

33

t o hav e t he sam e m eaning and refer t o t he sam e person( s) ] at t he lease price, Lessor shall be obligat ed t o pay Br okerage

34

Com pany a leasing

com m ission of ____________________________________________________________

( her eaft er

35

“ Com m ission” ) . Com m ission shall be paid upon t he execut ion of t he lease by t he Lessor and Lessee, and paym ent

of t he

36

first

m ont h’s r ent and secur it y deposit . Com m ission shall alt ernat ively be paid if t he propert y is leased direct ly or indirect ly

37

dur ing t he per iod of t his Agr eem ent , or w it hin ___________ m ont hs aft er t er m inat ion of t his Agr eem ent , t he ( “ Pr ot ect ion

38

Period” ) t o a Lessee t o w hom it w as offered during t he t erm

t hereof. However , Lessor shall not be obligat ed t o pay

39

Com m ission if a valid, wr it t en m arket ing agreem ent is ent er ed int o during t he t er m of said Prot ect ion Period w it h anot her

40

licensed Real Est at e Brokerage Com pany . Should Lessor / Seller default on any Agr eem ent for t he lease, sale, exchange or

41

opt ion of t he Propert y any com m ission ow ed under t his Agreem ent shall becom e payable im m ediat ely .

 

 

 

 

42

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

43

6 .

BROKERAGE COM PAN Y COOPERATI ON : Brokerage Com pany agrees t o cooperat e wit h ot her licensed Real Est at e

44

Brokerage Com panies represent ing Lessees’ who lease t he subj ect propert y in accordance w it h t his Agreem ent . Brokerage

45

Com pany shall com pensat e said cooperat ing Brokerage Com pany by sharing t he com m ission list ed above as follow s:

 

 

46

List ing Br okerage Co. _________________________________________________________________________________

47

Cooperat ing Br okerage Co. ____________________________________________________________________________ .

48

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

49

7 . UTI LI TI ES I n addition to the m onthly rental specified above, Lessee shall be responsible for the following:

 

 

 

 

50

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

51

 

___ Elect r icit y

 

 

___ Gas/ Heat ing Fuel

 

 

___ Rubbish rem oval

 

 

 

 

52

 

___ Wat er Ser vice

 

___ Sew age Disposal Ser vice

 

 

___ Landscape Maint enance

 

 

 

 

53

 

___ Snow Rem oval

 

___ Hom eow ner s Associat ion dues cur r ent ly $ ____________ per m ont h

 

 

 

 

54___Ot her: __________________________________________________________________________________

55__________________________________________________________________________________________

56

57

8 . FI X TURES AN D PERSON AL PROPERTY: I ncluded in

t he lease ar e all fix t ur es, all

heat ing, elect r ical,

plum bing and

58

well sy st em s t oget her w it h t he follow ing it em s of personal propert y , all of which t he Lessor r epr esent s ar e locat ed w it hin t he

59

Propert y and Lessee shall be ent it led t o use, subj ect t o all t erm s and provisions of t he lease:

 

 

 

 

 

 

60

[ Ch e ck o r e n u m e r a t e a p p lica b le it e m s]

 

 

 

 

 

 

 

 

 

 

 

 

61

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

62

___ Oven/ Range/ St ove

___ Cent r al Air Condit ioning

 

 

 

___ Cent r al Hum idifier

 

___ Light Fixt ur es, as t hey exist

63

___ Refr iger at or

___ Window Air Condit ioner s

 

 

 

___ Wat er Soft ener( s) ( ow ned)

 

___ Built - in or At t ached Shelving

64

___ Microwave

___ Ceiling Fan( s)

 

 

 

 

___ Sum p Pum ps

 

___ Carbon Monoxide Det ect ors

65

___ Dishw asher

___ I nt er com syst em

 

 

 

___ Elect r onic or Media Air Filt er

 

___ Exist ing St or m s & Scr eens

66

___ Gar bage Disposal

___ TV Ant enna Syst em

 

 

 

___ Cent r al Vac & Equipm ent

 

___ Fir eplace Scr eens/ Door s/ Gr at es

67

___ Trash Com pact or

___ Sat ellit e Dish

 

 

 

 

___ Securit y Syst em s ( ow ned)

 

___ Fireplace Gas Logs

 

68

___ Washer

___ Out door Shed

 

 

 

 

___ Elect r onic Gar age Door Opener ( s)

 

___ Sm oke Det ect or s

 

69

___ Dr yer

___ I nvisible Fence Syst em , Collar s & Boxes

 

 

w it h all Tr ansm it t er ( s)

 

___ Out door Playset s

 

70

___ At t ached Gas Gr ill

___ All Window Tr eat m ent s & Har dw ar e

 

 

___ All Tacked Dow n Car pet ing

 

___ Plant ed Veget at ion

 

71

Ot h e r it e m s in clu de d: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

72

I t e m s n ot in clu de d: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

73

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

74

Lessor represent s t hat all fixt ures, syst em s and Per sonal Propert y included in t his cont act

shall be in operat ing condit ion at

75

t he t im e of possession, ex cept ; __________________________________________________________________________

76

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

77

A syst em or it em shall be deem ed t o be in operat ing condit ion if it perform s t he funct ion for which it is int ended, r egardless

78

of age, and does not const it ut e a t hreat t o healt h or safet y .

 

 

 

 

 

 

 

 

 

 

79

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

80

9 . CON D O/ COM M ON I N TEREST

ASSOCI ATI ON :

Lessor

w arrant s and represent s

t hat t he propert y

_________ I S

81

_________ I S NOT subj ect

t o

a Hom eow ners’/ Condom inium

Associat ion assessm ent and/ or Covenant s, Condit ions and

82

Rest r ict ions and/ or Rules

and Regulat ions. Lessor agrees

t o

provide Brokerage Com pany / Designat ed

Licensee

w it h all

83

Associat ion docum ent s, and m anaging agent cont act inform at ion .

 

 

 

 

 

 

 

84

Associat ion Nam e: _____________________________ Addr ess: ______________________________________________

85

Cont act Nam e: ________________________________ Phone Num ber: _________________________________________

86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

87

1 0 . M ULTI PLE OFFERS: Br oker [ check one] I S___________ , I S NOT ___________ aut hor ized t o disclose t he ex ist ence

88

of a com pet ing offer t o pot ent ial Lessee or t heir agent in t he event of m ult iple offer s.

 

 

 

 

 

 

 

89

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

90

1 1 . FORECLOSURE: The Pr em ises [ CH ECK ON E] ____ is ____ is not secur ed by one or m or e m or t gages.

Seller shall give

91

writ t en not ice t o Lessee w it hin t hirt y ( 30) days of being served wit h a Foreclosure law suit for t he Pr em ises.

Not hing in t his

92

paragraph alt ers t he Lessee’s obligat ion t o pay rent under t he Lease.

 

 

 

 

 

 

 

93

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

94

1 2 .

D ESI GN ATI ON

OF

 

LEGAL

LI CEN SEE:

 

 

Brokerage Com pany designat es

and

 

Lessor

accept s

95

_________________________________ ( Designat ed Licensee) , a licensee associat ed w it h Br okerage Com pany, as t he

96

only legal licensee of Lessor

t o m arket

and lease Lessor’s

Propert y . Brokerage Com pany

reserv es t he

right t o

appoint

97

addit ional or subst it ut e Designat ed Licensees for Lessor

when, in Brokerage Com pany’s

discret ion,

it

is

necessary . I f

98

addit ional or subst it ut e Designat ed Licensee( s) are appoint ed, Lessor shall be inform ed in wr it ing w it hin a reasonable t im e

99

of such appoint m ent . Lessor

aut hor izes Designat ed Licensee,

from t im e t o t im e, t o allow

anot her licensee, who is not an

100

agent of t he Lessor , t o sit an open house of t he Propert y or provide sim ilar support t o Designat ed Licensee in m arket ing of

101

t he Proper t y . Designat ed Licensee w ill

be pr im ar ily

r esponsible for t he dir ect m arket ing and lease

of

t he Pr opert y .

102

Designat ed Licensee will accept delivery of and present t o Lessor offers and count eroffers t o lease, buy, or sell t he propert y;

103

assist Lessor in developing, com m unicat ing, negot iat ing, and present ing offers, count eroffers, and not ices t hat relat e t o t he

104

offers and count er offer s unt il a lease agreem ent or

purchase agreem ent is signed and

all cont ingencies are sat isfied or

105

waived; and answer Lessor’s quest ions relat ing t o t he offers, count eroffers, not ices, and cont ingencies. The dut ies owed t o

106

Lessor as refer red t o in t he current I llinois Real Est at e Act , w ill be ow ed t o Lessor by t he Brokerage Com pany as car ried out

107

by Designat ed Licensee. Lessor consent s and fur t her

aut horizes Broker age Com pany and

Designat ed

Licensee,

and any

108

aut hor ized represent at iv e

or

licensee of Brokerage Com pany,

t o cont act Lessor by t elephone,

facsim ile t ransm ission or

109

elect ronic m ail wit h respect t o fulfilling t he dut ies ow ed t o Lessor under t he current I llinois Real Est at e Act .

 

 

 

110

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

111

1 3 .

LESSOR CON FI D EN TI ALI TY:

Lessor underst ands t hat Brokerage Com pany and/ or Designat ed Licensee m ay have

112

previously represent ed a

Lessee who is int erest ed in

Lessor’s Propert y . Dur ing t hat represent at ion, Brokerage Com pany

113

and/ or Designat ed Licensee m ay hav e learned m at erial inform at ion about t he Lessee t hat is considered confident ial. Under

114

t he law, neit her Brokerage Com pany nor Designat ed Licensee m ay disclose any such confident ial inform at ion t o t he Lessor

115

even t hough Brokerage Com pany and/ or Designat ed Licensee now repr esent s t he Lessor .

 

 

 

 

 

 

 

116

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

117

1 4 .

BROKER AFFI LI ATES: Lessor under st ands and agrees t hat ot her Licensees affiliat ed wit h Brok erage Com pany, m ay

118

represent t he act ual or prospect ive Lessee of Lessor’s Propert y . Fur t her, Lessor underst ands and agr ees t hat if t he Propert y

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is leased t hrough t he effort s of a Licensee affiliat ed w it h

Brokerage Com pany who represent s t he

Lessee, t he ot her

120

Licensees affiliat ed w it h Brok erage Com pany will N OT be act ing as Seller’s Designat ed Licensees.

 

 

 

 

 

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122

1 5 .

CON SEN T TO REPRESEN T OTH ER LESSORS:

Lessor under st ands and agrees

t hat

Br okerage

Com pany and

123

Designat ed Licensee m ay

from

t im e t o

t im e represent

ot her

Lessor s w ho m ay be int erest ed in

leasing

t heir propert y t o

124

lessees. The Lessor consent s

t o Brokerage Com pany’s

and

Designat ed Licensees’ represent at ion of

such

ot her

Lessor s

125

before, dur ing and aft er t he expirat ion

of t his Agreem ent

and

expressly waives any claim s including,

but

not lim it ed t o,

126

breach of dut y or breach of cont ract based solely upon Brokerage Com pany’s or Designat ed Licensees’ represent at ion or

127

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Managing Broker Initial_________ Designated Licensee Initial _________ Lessor Initial_________ Lessor Initial________

Address______________________________________________________________________________________________

Exclusive Right To Lease- REALTOR® Association of the Fox Valley, Inc. 04/12

Page 2 of 6

128

assist ance of ot her lessors w ho m ay be int er est ed in leasing t heir proper t y t o lessees.

 

 

 

 

 

129

 

 

 

 

 

 

 

 

 

 

 

 

 

 

130

1 6 . D I SCLOSURE AN D CON SEN T TO D UAL AGEN CY: NOTE TO CONSUMER: THI S SECTI ON SERVES THREE PURPOSES.

131

FI RST, I T DI SCLOSES THAT A REAL ESTATE LI CENSEE MAY POTENTI ALLY ACT AS A DUAL AGENT, THAT I S, REPRESENT

132

MORE THAN ONE PARTY TO THE TRANSACTI ON. SECOND, THI S SECTI ON EXPLAI NS THE CONCEPT OF DUAL AGENCY.

133

THI RD, THI S SECTI ON SEEKS YOUR CONSENT TO ALLOW THE REAL ESTATE LI CENSEE TO ACT AS A DUAL AGENT:

A

134

LI CENSEE MAY LEGALLY ACT AS A DUAL AGENT ONLY WI TH YOUR CONSENT. BY CHOOSI NG TO I NI TI AL THI S SECTI ON OF

135

THI S AGREEMENT, YOUR CONSENT TO DUAL AGENCY REPRESENTATI ON I S PRESUMED.

 

 

 

 

136

 

 

 

 

 

 

 

 

 

 

 

 

 

 

137

The undersigned ____________________________________________ ( “ Licensee” ) , t he Lessor ’s Designat ed Licensee,

138

and any subsequent Designat ed Licensee( s) m ay under t ake a dual repr esent at ion ( represent bot h Seller or Lessor and t he

139

Buyer or Lessee) for t he lease or sale of r eal est at e. The undersigned acknow ledges t hey w ere infor m ed of t he possibilit y of

140

t his t ype of represent at ion. Before signing t his docum ent please read t he follow ing:

 

 

 

 

 

141

 

 

 

 

 

 

 

 

 

 

 

 

 

 

142

Repr esent ing m ore t han one part y t o a t ransact ion present s a conflict of int er est since bot h client s m ay rely upon Licensee’s

143

advice and client ’s respect ive int erest s m ay be adverse t o each ot her . Licensee w ill undert ake t his represent at ion only w it h

144

t he wr it t en consent of ALL client s in t he t ransact ion .

 

 

 

 

 

 

 

 

145

 

 

 

 

 

 

 

 

 

 

 

 

 

 

146

Any agreem ent

bet ween t he client s as t o

a final cont ract price and ot her

t erm s is a result

of negot iat ions bet w een

t he

147

client s act ing in

t heir best int er est s and

on t heir own behalf. Lessor ( s) acknow ledges t hat

Licensee

has explained

t he

148

im plicat ions of dual represent at ion, including t he risks involved, and underst and t hat

Lessor( s) have been advised t o seek

149

independent advice from your advisors or at t orney s before signing any docum ent s in t his t ransact ion.

 

 

 

150

 

 

 

 

 

 

 

 

 

 

 

 

 

 

151

 

W H AT A LI CEN SEE CAN D O FOR CLI EN TS W H EN ACTI N G AS A D U AL AGEN T:

 

 

 

 

152

 

1 .

Treat all client s honest ly .

 

 

 

 

 

 

 

 

 

153

 

2 .

Provide inform at ion about t he real est at e t o t he Buyer or Lessee.

 

 

 

 

 

154

 

3 .

Disclose all lat ent m at erial defect s in t he Pr opert y t hat are known t o licensee.

 

 

 

 

155

 

4 . Disclose financial qualificat ions of t he Buyer or Lessee t o t he Seller or Lessor .

 

 

 

 

156

 

5 .

Explain real est at e t er m s.

 

 

 

 

 

 

 

 

 

157

 

6 . Help t he Buyer or Lessee t o arrange for Propert y inspect ions.

 

 

 

 

 

 

 

158

 

7 . Explain closing cost s and procedures.

 

 

 

 

 

 

 

 

159

 

8 .

Help t he Buyer com pare financing alt ernat iv es.

 

 

 

 

 

 

 

 

160

 

9 .

Provide inform at ion about com parable propert ies t hat hav e sold so bot h client s m ay m ake educat ed decisions

161

 

 

on what pr ice t o accept or offer .

 

 

 

 

 

 

 

 

162

 

 

 

 

 

 

 

 

 

 

 

 

 

 

163

 

W H AT A LI CEN SEE CAN N OT D I SCLOSE TO CLI EN TS W H EN ACTI N G AS A D UAL AGEN T:

 

 

 

164

 

1 .

Confident ial inform at ion t hat Licensee m ay know about t he client , wit hout t he client ’s perm ission .

 

 

165

 

2 .

The pr ice or t erm s t he Seller or Lessor will t ake ot her t han t he list ing pr ice w it hout per m ission of t he Seller or

166

 

 

Lessor .

 

 

 

 

 

 

 

 

 

 

167

 

3 .

The price or t erm s t he Buyer or Lessee is w illing t o pay w it hout perm ission of t he Buyer or Lessee.

 

 

168

 

4 .

A recom m ended or suggest ed price or t erm s t he Buyer or Lessee should offer .

 

 

 

 

169

 

5 .

A recom m ended or suggest ed price or t erm s t he Seller or Lessor should count er w it h or accept .

 

 

170

 

 

 

 

 

 

 

 

 

 

 

 

 

 

171

I f

Seller ( s) / Lessor( s) is uncom fort able

w it h t his disclosure and dual

r epresent at ion, please let Licensee

know .

172

Seller ( s) / Lessor( s) is not required t o accept t his sect ion unless you want t o allow t he Licensee t o proceed as a Dual Agent in

173

t his t ransact ion.

 

 

 

 

 

 

 

 

 

 

 

174

 

 

 

 

 

 

 

 

 

 

 

 

 

 

175

By

select ing

“ Yes” and init ialing, Seller( s) / Lessor( s) acknow ledge t hat

Seller ( s) / Lessor( s) have read and under st and

t his

176

sect ion and volunt arily consent t o t he Licensee act ing as a Dual Agent ( t his is, t o repr esent BOTH t he Seller or Lessor and

177

t he Buyer or Lessee) should t hat becom e necessary .

 

 

 

 

 

 

 

 

178

 

 

 

 

 

 

 

 

 

 

 

 

 

 

179

 

DUAL AGENCY CONFI RMATI ON:

_______________ Yes

 

 

______________ No

 

 

 

180

 

 

 

 

 

( Seller’s/ Lessor’s I nit ials)

 

 

( Seller’s/ Lessor’s I nit ials)

 

 

 

181

 

 

 

 

 

 

 

 

 

 

 

 

 

 

182

1 7 . FAI R H OUSI N G: FAI R H OUSI N G:

 

 

 

 

 

 

 

 

 

183

 

 

 

 

 

 

 

 

 

 

 

 

 

 

184

 

( _ _ _ _ _ _ _ / _ _ _ _ _ _ _ ) ( Le ssor ’s I n it ia ls) TH E PARTI ES UN D ERSTAN D AN D AGREE TH AT I T I S I LLEGAL

185

 

FOR EI TH ER OF TH E PARTI ES ( OW N ER OR BROKER) TO REFUSE TO D I SPLAY OR SELL/ LEASE OW N ER’S

186

 

REAL ESTATE TO AN Y PERSON BECAUSE OF ON E’S M EM BERSH I P I N A PROTECTED CLASS, e . g . : RACE,

187

 

COLOR, RELI GI ON , N ATI ON AL ORI GI N , SEX , SEX UAL

ORI EN TATI ON , AN CESTRY,

AGE, ORD ER

OF

188

 

PROTECTI ON STATUS, M ARI TAL STATUS, PH YSI CAL

OR

 

M EN TAL

H AN D I CAP, FAM I LI AL STATU S,

189

 

M I LI TARY

STATUS, UN FAV ORABLE M I LI TARY D I SCH ARGE,

OR AN Y OTH ER CLASS

PROTECTED

BY

190

 

ARTI CLE 3

OF TH E I LLI N OI S H U M AN RI GH T ACTS, OR AN Y OTH ER APPLI CABLE FED ERAL AN D / OR

191

 

LOCAL FAI R H OUSI N G LAW S. TH E PARTI ES AGREE TO COM PLY W I TH ALL APPLI CABLE FED ERAL, STATE,

192

 

AN D LOCAL FAI R H OU SI N G LAW S.

 

 

 

 

 

 

 

 

193

 

 

 

 

 

 

 

 

 

 

 

 

 

 

194

1 8 . M ARKETI N G AUTH ORI ZATI ON :

 

 

 

 

 

 

 

 

 

195

( a)

Except

as ot herw ise m ay be provided in paragraphs ( h) , ( i) , ( j )

and ( k) below, Brokerage

Com pany

and

it s

196

 

Designat ed Licensee( s) are aut hor ized t o do all t hings deem ed necessar y or

desirable, in t heir

sole discret ion, t o

197

 

advert ise, prom ot e, and m arket

t he Propert y, including wit hout

lim it at ion:

display

of signs;

placem ent

of

t he

198

 

Propert y in

a Mult iple List ing Service ( MLS) ; and/ or pr om ot ion

of t he Proper t y t hr ough any

adv ert ising

m edia

Managing Broker Initial_________ Designated Licensee Initial _________ Lessor Initial_________ Lessor Initial________

Address______________________________________________________________________________________________

Exclusive Right To Lease- REALTOR® Association of the Fox Valley, Inc. 04/12

Page 3 of 6

199

 

( including wit hout lim it at ion, print m edia, fact

sheet s, t elevision program s, elect ronic m edia,

t he I nt ernet , blogs,

200

 

and social net w orking w ebsit es) .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

201

( b)

Lessor aut hor izes Brokerage Com pany and it s Designat ed Licensee( s) t o phot ograph and/ or film t he propert y and

202

 

t o m aint ain pict ur es/ video of t he Propert y ,

and

any ot her adver t ising cont ent provided

by

Lessor

t o

Brokerage

203

 

Com pany ( including

wit hout lim it at ion Propert y

draw ings, survey s, and/ or blueprint s) ,

in

an

MLS and any of t he

204

 

above described advert ising m edia for m ar ket ing purposes, as w ell as exam ples of Brokerage Com pany’s m arket ing

205

 

program s and/ or successfully m arket ed propert ies. I n doing so, Lessor hereby grant s t o Brokerage Com pany and

206

 

it s Designat ed

Licensee( s) a non- exclusiv e,

non - t ransfer able,

fully - paid, lim it ed license t o use,

dist r ibut e, m odify ,

207

 

and/ or display

Lessor or Brokerage Com pany

provided pict ur es/ video/ advert ising cont ent

in any form ,

m edia,

or

208

 

m anner . Lessor hereby acknowledges t hat Brokerage Com pany cannot

cont rol t he capt ure,

scraping, and

re-

209

 

post ing of pict ures/ video/ adv ert ising cont ent

by

t hir d

part ies

and m ak es no

represent at ion

t hat

pict ur es/ video

210

 

advert ising cont ent regarding t he Propert y w ill or can be com plet ely rem oved from advert ising m edia once post ed.

211

( c)

Lessor assum es sole responsibilit y for ensur ing

t hat

any Lessor

provided

pict ures/ video/ advert ising cont ent ,

212

 

w het her originat ing from Lessor or a t hird part y, does not violat e any law or t he r ight s of any per son ( including

213

 

wit hout lim it at ion, copyr ight , pat ent , t radem ark,

t rade

secret ,

propriet ary, cont ract , oral, privacy,

or

any ot her

214

 

t hird par t y right ) . Specifically, Landlord represent s t hat Lessor has t he express aut horizat ion of t he current

215

 

Lessees, if any, t o phot ograph

and/ or film

t he Propert y . Lessor shall indem nify

and

hold

har m less

Brokerage

216

 

Com pany and

it s Designat ed

Licensee( s)

from

any

claim s,

act ions,

dem ands,

liabilit ies,

losses,

dam ages,

217

 

j udgm ent s, and cost s ( including reasonable

legal fees) arising out of

any

claim relat ed

t o Lessor

provided

218

 

pict ure/ video/ advert ising cont ent .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

219

( d)

Brokerage Com pany / Designat ed Licensee is and shall rem ain t he sole ow ner of any pict ures, v ideos, and m ark et ing

220

 

m at erials it creat es about t he Propert y for m arket ing purposes.

 

 

 

 

 

 

 

 

 

 

 

 

221

( e)

Lessor hereby acknow ledges t hat he/ she has been adv ised t hat any pict ur es/ v ideo/ adver t ising cont ent prov ided or

222

 

creat ed by Lessor, Brok erage Com pany and Broker’s Designat ed Licensee( s) m ay be m ade available for access t o

223

 

t he public at large. Brokerage

Com pany and

it s

Designat ed

Licensee( s)

cannot be responsible for , and Lessor

224

 

agrees t o indem nify

and hold harm less Br okerage Com pany

and it s Designat ed Licensee( s)

from ,

any

claim s or

225

 

losses ar ising

out of

t he m isuse of t he pict ures/ v ideo/ advert ising cont ent by

t hird

part ies ( including reasonable

226

 

legal fees) .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

227

( f)

Brokerage Com pany / Designat ed Licensee is aut horized t o affix a keybox t o t he Propert y and, provided t he Lessor is

228

 

absent , any MLS Part icipant or subscr iber associat ed wit h t he Mult iple List ing Serv ice( s) whet her act ing as Buyer’s

229

 

or Lessee’s agent or ot herwise shall have t he r ight , t hrough use of said keybox, t o show t he Propert y at any

230

 

reasonable t im e. I t is not a r equir em ent of t he Mult iple List ing Service or Brokerage Com pany t hat a Lessor allow

231

 

use of a keybox . Lessor ack nowledges and shall advise any occupant ( s) of t he propert y t hat neit her List ing nor

232

 

Selling Broker age Com pany , t he REALTOR®

Associat ion of t he Fox Valley, I nc. nor any Mult iple List ing Service is

233

 

an insur er against t he loss of Lessor’s personal proper t y or of t he personal proper t y of any occupant of t he

234

 

Propert y . Lessor is advised t o

safeguard or rem ove valuables now

locat ed on said Pr opert y . Lessor

is fur t her

235

 

advised t o verify t he exist ence of said valuables and obt ain personal propert y insurance t hrough Landlord’s

236

 

insurance agent . Landlord agrees t o advise any

curr ent occupant

of t he Proper t y t hat t he

Propert y is being

237

 

m arket ed and t o advise t he occupant t o safeguard or r em ove valuables now locat ed on said proper t y and t o ver ify

238

 

t he exist ence of said valuables and obt ain personal proper t y insurance t hrough occupant ’s insurance agent .

 

239

( g)

Lessor her eby

grant s Brokerage Com pany

and

 

Designat ed Licensee t he right , and

Lessor

ack nowledges t hat

240

 

Brokerage Com pany / Designat ed

Licensee m ay

have an

obligat ion under

applicable Mult iple List ing

Service rules

241

 

and regulat ions as a condit ion of placing Lessor’s proper t y in such Mult iple List ing Service, t o r elease inform at ion as

242

 

t o t he am ount of leasing or selling price, t y pe of financing, if any, and num ber of days t o lease or sell t he Propert y

243

 

t o any Mult iple List ing Serv ice of which Broker is a m em ber at t he t im e t he Propert y is leased, sold, or closed.

 

244

( h)

Brokerage Com pany and it s Designat ed Licensee( s) are [ ch e ck on e ]

_ _ _ _ _ a ut h or iz e d _ _ _ _ _ n ot a u t h or ize d

245

 

t o list t he Propert y for Lease in any of t he above described advert ising m edia.

 

 

 

 

 

 

 

 

 

246

( i)

Brokerage Com pany and it s Designat ed Licensee( s) are [ ch e ck on e ]

_ _ _ _ _ a ut h or iz e d _ _ _ _ _ n ot a u t h or ize d

247

 

t o release t he Propert y’s address in any of t he above descr ibed adver t ising m edia.

 

 

 

 

 

 

 

 

248

( j )

Brokerage Com pany and it s Designat ed Licensee( s) are [ ch e ck on e ]

_ _ _ _ _ a ut h or iz e d _ _ _ _ _ n ot a u t h or ize d

249

 

t o allow com m ent s or review s regarding t he propert y on int ernet sit es or blogs.

 

 

 

 

 

 

 

 

 

250

( k)

Brokerage Com pany and it s Designat ed Licensee( s) are [ ch e ck on e ]

_ _ _ _ _ a ut h or iz e d _ _ _ _ _ n ot a u t h or ize d

251

 

t o allow display of an aut om at ed est im at e of t he m arket value of t he pr opert y ( or a hyperlink t o such est im at e) in

252

 

im m ediat e conj unct ion wit h t he list ing.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

253

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

254

1 9 . BROKER’S RESPON SI BI LI TI ES:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

255

BROKER shall m ake an ear nest , diligent and cont inuous effort t o lease t he propert y t o a qualified LESSEE and t o

256

 

advert ise as BROKER deem s advisable; t o phot ograph and t o display a “ FOR RENT” sign .

 

 

 

 

 

 

 

257

BROKER shall subm it propert y t o pr im ary MLS and m ay also subm it propert y t o any ot her MLS of w hich BROKER is

258

 

a part icipant t o which BROKER has access.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

259

BROKER is aut horized t o prom ot e t he propert y

t hrough any

elect ronic m edium and/ or any

int er net webpage t o

260

 

which t he BROKER m ay subscribe. The

part ies

agree

 

t he

pr opert y

will

be

list ed

in

t he

MLS

by

261

 

__________________ ( Dat e) .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

262

BROKER is aut horized t o ut ilize ot her BROKERS in carry ing out BROKER’S obligat ion hereunder .

 

 

 

 

263

BROKER is also aut hor ized t o dissem inat e inform at ion

about t he proper t y t o

real est at e BROKERS r epresent ing

264

 

BUYERS ( her einaft er “ Lessee’s Agent s” ) . LESSOR agr ees t hat any

pay m ent by BROKER t o Lessee’s

Agent

or

265

 

anot her BROKER shall not cr eat e any agency relat ionship bet w een t he Lessee’s Agent and t he BROKER or LESSOR.

266

BROKER shall provide t he MLS wit h t im ely not ice of changes in t he st at us of t he list ing; and shall, upon t he lease of

267

 

t he proper t y, provide MLS w it h lease inform at ion;

including but

not lim it ed t o t he leasing price, for dissem inat ion

268

 

by t he MLS t o it s m em ber s.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

269

BROKER shall provide LESSOR wit h a fully execut ed copy of t his Agreem ent and all incor porat ed at t achm ent s and

270

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Managing Broker Initial_________ Designated Licensee Initial _________ Lessor Initial_________ Lessor Initial________

Address______________________________________________________________________________________________

Exclusive Right To Lease- REALTOR® Association of the Fox Valley, Inc. 04/12

Page 4 of 6

271

 

 

disclosures and reasonable am ount of t im e.

 

 

 

 

 

 

 

 

 

 

 

 

 

272

 

BROKER shall not be r esponsible for t he m aint enance of t he propert y list ed, unless by separ at e w r it t en agr eem ent ,

273

 

 

nor for vandalism , t heft or dam age of any nat ure affect ing t he subj ect pr opert y .

 

 

 

 

 

 

 

 

 

274

 

BROKER w ill com ply

w it h t he cur r ent I llinois Real Est at e License Act of 2000,

Ar t icle 15,

Sect ion

15 - 75

Requir ed

275

 

 

Minim um Services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

276

 

 

 

Sec. 15 - 75 . Exclusiv e br oker age agr eem ent s. All exclusive brokerage agreem ent s m ust

specify

t hat t he

277

 

 

 

sponsor ing broker, t hrough one or m ore sponsored licensees, m ust provide, at a m inim um , t he following

278

 

 

 

services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

279

 

 

 

( 1)

accept delivery of and present t o t he client offers and count eroffer s t o buy, sell or lease t he

280

 

 

 

 

client ’s proper t y or t he proper t y t he client seeks t o pur chase or lease;

 

 

 

 

 

 

281

 

 

 

( 2)

assist

t he

client

in

dev eloping,

com m unicat ing,

negot iat ing,

and

present ing

offers,

282

 

 

 

 

count eroffers, and not ices t hat relat e t o t he offers and count eroffer s unt il a lease or pur chase

283

 

 

 

 

agr eem ent is signed and all cont ingencies are sat isfied or waived; and

 

 

 

 

 

 

284

 

 

 

( 3)

answer t he client ’s quest ions relat ing t o t he offer, count eroffers, not ices, and cont ingencies.

285

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

286

2 0 .

EX CLUSI V E BROKERAGE M I N I M UM SERV I CES:

Brokerage Com pany , t hrough one or m or e sponsored licensees,

287

will prov ide, at a m inim um , t he follow ing services:

( 1) Accept deliv ery of and present t o Lessor, offers and count eroffers t o

288

buy, sell or lease t he Lessor’s propert y or t he propert y t he client seeks t o sell or lease;

( 2) Assist t he Lessor in developing,

289

com m unicat ing, negot iat ing, and present ing offers,

count eroffers, and not ices t hat relat e t o t he offers and count eroffers

290

unt il a lease or purchase agr eem ent

is signed and all cont ingencies are sat isfied or waived;

and

( 3)

Answ er t he Lessor’s

291

quest ions relat ing t o t he offers, count eroffer s, not ices and cont ingencies.

 

 

 

 

 

 

 

 

 

 

292

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

293

2 1 . FUTURE SALE: The part ies furt her agree t hat in t he event Lessor and any Lessee procured by Broker, or any one else

294

t o whom t he Propert y was pr esent ed dur ing t he t erm of t his Agreem ent , execut es a cont ract for t he purchase and sale of

295

said

propert y , a cont ract for

deed agr eem ent , or a

rent / opt ion t o purchase agr eem ent during t he

lease

t erm

or

wit hin

296

___________ m ont hs aft er t he lease t er m or any ext ension t hereto, Br oker shall hav e ear ned a selling com m ission upon

297

execut ion of

said purchase and sale agreem ent . The

com m ission shall be ________ % of t he

sale pr ice. From such

298

com pensat ion t he Brokerage Com pany is aut horized t o offer a com pensat ion and pay m ent of _________ %

of sale price t o

299

any

Cooperat ing Brokerage Com pany upon t he

successful closing of t he t ransact ion. Except as ot herw ise

provided in

300

Paragraph 5,

t he com m ission

provided

for in t his

paragraph shall be payable as follows: in t he case of a purchase

301

agreem ent or rent / opt ion t o purchase agreem ent , at closing; and in t he case of cont ract for deed, upon t he execut ion of

302

such

an

agreem ent . Howev er,

t his

provision shall

not

apply if

Lessor/ Seller has

ent er ed

int o

a

 

valid, writ t en

list ing

303

agreem ent w it h anot her licensed Real Est at e Brokerage Com pany dur ing t he Prot ect ion Per iod. The ear nest m oney , if any ,

304

shall be held by Broker, in a m anner consist ent wit h I llinois st at e law .

 

 

 

 

 

 

 

 

 

 

305

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

306

2 2 .

STATUTORY D I SCLOSU RES: I f

applicable,

Lessor / Seller

[ ch e ck on e ] ____

will

provide

 

a Lead- Based

Paint

307

Disclosure; ____ will provide

t he EPA Pam phlet ,

“ Prot ect Your Fam ily From Lead

in

Your

Hom e” ;

____ will provide t he

308

Disclosure of I nform at ion on Radon Hazards; ____ will prov ide t he I EMA Pam phlet “ Radon Test ing Guidelines for Real Est at e

309

Transact ions” , t o t he Buy er .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

310

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

311

2 3 . OPTI ON AL D I SCLOSU RES: I f applicable, Lessor / Seller ____ w ill pr ovide a com plet ed I llinois Resident ial Real Pr opert y

312

Disclosure Report ; _ _ _ _ w ill provide an I llinois Mold Disclosure, t o t he Buyer .

 

 

 

 

 

 

 

 

 

 

313

Addit ional Disclsour es: _________________________________________________________________________________

314

___________________________________________________________________________________________________

315

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

316

2 4 . LESSOR’S ACKN OW LED GEM EN T: Lessor agrees t o com ply wit h all applicable federal and st at e law s w it h respect t o

317

t he lease of t he Proper t y, including but not lim it ed t o, Lead Paint Disclosure requir em ent s, t he I llinois Sm oke Det ect or Act ,

318

t he

I llinois Carbon Monoxide

Alar m Act , and any

ot her applicable law s or regulat ions im posed by any governm ent al

319

aut hor it y or Condom inium or Hom eow ners’ Associat ion .

 

 

 

 

 

 

 

 

 

 

 

 

320

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

321

2 5 .

LESSOR’S OBLI GATI ON S: All inquir es about

t his Propert y m ade direct ly t o Lessor shall be im m ediat ely referred t o

322

Brokerage Com pany and/ or Designat ed Licensee w it h nam es and addresses. Lessor underst ands t hat t he infor m at ion which

323

Lessor provides t o Designat ed Licensee as m arket ing inform at ion w ill be used t o adv er t ise Lessor’s Propert y t o t he public,

324

and it is essent ial t hat t his inform at ion is accurat e. THE BROKERAGE COMPANY I S HEREBY AUTHORI ZED TO SUBMI T ALL

325

I NFORMATI ON REQUI RED BY THE RULES OF THE MULTI PLE LI STI NG SERVI CE( S) OF WHI CH THE BROKERAGE COMPANY I S

326

A MEMBER.

LESSOR UNDERSTANDS THAT LESSOR

HAS THE OBLI GATI ON TO

PROVI DE

ACCURATE,

TRUTHFUL

327

I NFORMATI ON AND HEREBY

PROMI SES TO FULFI LL

THI S OBLI GATI ON. Alt h ou gh

Le ssor is

m a r k e t in g

Le ssor ’s

328

Pr ope r t y in it s pr e se n t ph ysica l con dit ion Le ssor u n de r st a n ds t h a t Le ssor m a y be h e ld r e spon sible by Le sse e for

329

a n y

la t e n t or h idde n , u n disclose d de fe ct s in

t h e

Pr ope r t y

w h ich a r e k n ow n t o

Le ssor

bu t w h ich

a r e n ot

330

disclose d t o Le sse e . Lessor shall indem nify, save, defend and hold Brokerage Com pany and Designat ed Licensee harm less

331

from all claim s, disput es, lit igat ion, j udgm ent s and/ or cost s, ( including reasonable at t orney’s fees) , w het her or not fr iv olous,

332

arising from

any m isrepr esent at ions m ade by t he Lessor, any incorrect inform at ion supplied by

t he

Lessor

or

from any

333

m at erial

fact

concerning t he

Propert y including lat ent defect s which t he Lessor fails t o disclose. Fur t her, Lessor shall

334

indem nify, sav e, defend and hold Brokerage Com pany and Designat ed Licensee( s) har m less from any claim , loss, dam age

335

or inj ury t o any person or propert y while viewing t he propert y arising from t he condit ion of t he Proper t y .

 

 

 

 

336

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

337

2 6 .

BROKER LI M I TATI ON S:

The Brokerage Com pany ’s sole dut y is t o affect a lease of

t he Propert y . The Brokerage

338

Com pany , Designat ed Licensee( s) , m em ber s of t he Mult iple List ing Serv ice( s) t o w hich t he Brokerage Com pany

belongs,

339

and t he REALTOR® Associat ion of t he Fox Valley, I nc. , ar e not charged wit h t he cust ody of t he Propert y, it s m anagem ent ,

340

m aint enance, upkeep or repair . I llinois law allow s Broker s t o prepar e t he lease agreem ent using approved preprint ed form s,

341

but no ot her legal docum ent s required t o close t he lease. Therefore, t he Lessor agrees t o furnish, or have Lessor s’ at t orney

Managing Broker Initial_________ Designated Licensee Initial _________ Lessor Initial_________ Lessor Initial________

Address______________________________________________________________________________________________

Exclusive Right To Lease- REALTOR® Association of the Fox Valley, Inc. 04/12

Page 5 of 6

Managing Broker Initial_________ Designated Licensee Initial _________ Lessor Initial_________ Lessor Initial________
Address______________________________________________________________________________________________
Exclusive Right To Lease- REALTOR® Association of the Fox Valley, Inc. 04/12Page 6 of 6

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furnish, all ot her legal docum ent s necessary t o close t he lease if t he for m s approved by t he REALTOR® Associat ion of t he

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Fox Valley , I nc. are unaccept able t o t he Lessor .

 

 

 

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2 7 . D I SCLAI M ER: Lessor acknowledges t hat Brokerage Com pany and Designat ed Licensee are act ing solely as real est at e

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professionals, and not as an at t orney, t ax advisor, survey or, st r uct ural engineer , hom e inspect or, env ironm ent al consult ant ,

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archit ect , cont r act or, or ot her professional service prov ider . Lessor under st ands t hat such ot her professional service

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providers ar e available t o render advice or ser vices t o t he Lessor , if desir ed, at Lessor ’s expense.

 

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2 8 .

EN TI RE AGREEM EN T: This Agreem ent const it ut es t he com plet e under st anding and ent ire agreem ent bet w een t he

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part ies r elat ing t o t he subj ect her eof; any prior negot iat ions or agr eem ent s per t aining heret o,

oral or wr it t en, have been

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m erged herein . This Agreem ent m ay not be t er m inat ed or am ended pr ior t o it s t erm inat ion dat e wit hout t he expr ess writ t en

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consent of bot h part ies t o

t his agreem ent . The

follow ing

docum ent s are addit ionally at t ached heret o and incor porat ed

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her ein: ____________________________________________________________________________________________

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__________________________________________________________________________________________________

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2 9 .

PLURALS: I f m ore t han one Lessee or m ore t han one Lessor is involved, t he pronouns and gram m at ical st ruct ur e

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shall be underst ood t o confor m .

 

 

 

 

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3 0 .

BI N D I N G EFFECT:

This Agr eem ent

shall

be binding upon and inure t o t he benefit of

t he heir s, adm inist rat ors,

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successors, and assigns of t he part ies heret o.

 

 

 

 

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3 1 . SI GN ATURES: Facsim ile and/ or elect ronic signat ur es shall be sufficient for t he purposes of execut ing, finalizing, and

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am ending t his Agreem ent and shall be deem ed original signat ur es for all purposes. This Agreem ent m ay be execut ed in

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m ult iple copies, each of which shall be deem ed an original.

 

 

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3 2 .

SEV ERABI LI TY: I n case any one or m ore provisions of t his Agreem ent shall for any reason be held t o be invalid,

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illegal or unenforceable in any respect , such invalidit y, illegalit y or unenforceabilit y , shall not affect any ot her provision

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hereof, and t his Agreem ent shall be const rued as if such invalid, illegal or unenforceable provision had never been cont ained

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herein .

 

 

 

 

 

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3 3 . AUTH ORI TY: Lessor w arrant s t hat Lessor has aut horit y t o ex ecut e t his Agreem ent and t o deal wit h and on behalf of

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said Propert y .

 

 

 

 

 

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3 4 . COM M UN I CATI ON :

The undersigned

Lessor agr ees t hat Brok erage Com pany and any

aut horized repr esent at ive,

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em ployee or agent of Broker age Com pany,

or Designat ed

Licensee( s) are her eby given expr ess consent t o cont act t he

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under signed by t elephone,

facsim ile t ransm ission

or elect ronic convey ance ( including e- m ail)

at t he follow ing locat ions,

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addresses and/ or t elephone num bers.

 

 

 

 

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________________________________________________

________________________________________________

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BROKERAGE COMPANY

 

 

 

LESSOR/ SELLER ( Signat ure)

DATE

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________________________________________________

________________________________________________

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BROKERAGE ADDRESS ( STREET)

 

 

LESSOR/ SELLER ( Please Pr int )

DATE

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________________________________________________

________________________________________________

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BROKERAGE ADDRESS ( CI TY, STATE, ZI P)

 

 

LESSOR/ SELLER ( Signat ure)

DATE

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________________________________________________

________________________________________________

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MANAGI NG BROKER ( Signat ure)

 

DATE

LESSOR/ SELLER ( Please Pr int )

DATE

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________________________________________________

________________________________________________

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MANAGI NG BROKER ( Please Print )

 

DATE

MAI LI NG ADDRESS ( STREET)

 

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________________________________________________

________________________________________________

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DESI GNATED LI CENSEE ( Signat ure)

 

DATE

MAI LI NG ADDRESS ( CI TY, STATE, ZI P)

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________________________________________________

________________________________________________

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DESI GNATED LI CENSEE ( Please Pr int )

 

DATE

PHONE

FAX

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401

________________________________________________

________________________________________________

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OFFI CE PHONE

OFFI CE FAX

 

CELL PHONE( S)

 

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404

________________________________________________

________________________________________________

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DESI GNATED LI CENSEE CELL PHONE

 

 

EMAI L( S)

 

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________________________________________________

________________________________________________

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DESI GNATED LI CENSEE EMAI L

 

 

EMERGENCY CONTACT

PHONE

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Th is a gr e e m e n t h a s be e n a ppr ove d by t h e REALTOR® Associa t ion of t h e Fox V a lle y , I n c.

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Copy r igh t 2 0 1 1 , REALTOR® Associa t ion of t h e Fox V a lle y , I n c.

 

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Re vise d 0 4 / 2 0 1 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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