Common use of Creation of Agency Clause in Contracts

Creation of Agency. The Broker, as agent for the Client, negotiates and advocates on behalf of the Client, performs the terms of any written agreement made with the client, exercises reasonable skill and care, and promotes the interests of the client with the utmost good faith, loyalty, and fidelity. Regardless of representation, the broker shall: Disclose all known material facts about the property which could affect the client’s use or enjoyment of the property, disclose information which could have a material impact on either party’s ability to fulfill their obligations under the purchase/lease contract, respond honestly and accurately to questions concerning the property, and deal honestly with all parties. The Client should carefully read all documents to assure that they adequately express Client’s understanding of the transaction and protection of your own interests. If you have questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding further. The Client represents no other Broker has been employed as an exclusive agent for real estate defined in Section 2 and agrees to protect, defend, indemnify and hold Broker harmless from the claims, liability, and expenses, including reasonable attorney’s fees, arising by reason of the claim of any other Broker in compensation as the result of a transaction that is within the scope of this contract. The Client authorizes the Broker as Client’s exclusive agent, to identify and communicate to Client real estate appearing to Broker to substantially meet the criteria described in Section 2 and to negotiate acceptance of any offer to purchase or lease such real estate.

Appears in 1 contract

Samples: ims.rase-inc.org

AutoNDA by SimpleDocs

Creation of Agency. The Broker, as agent for the Client, negotiates and advocates on behalf of the Client, performs the terms of any written agreement made with the client, exercises reasonable skill and care, and promotes the interests of the client with the utmost good faith, loyalty, and fidelity. Regardless of representation, the broker shall: Disclose all known material facts about the property which could affect the client’s use or enjoyment of the property, disclose information which could have a material impact on either party’s ability to fulfill their obligations under the purchase/lease contract, respond honestly and accurately to questions concerning the property, and deal honestly with all parties. The Client should carefully read all documents to assure that they adequately express Client’s understanding of the transaction and protection of your own interests. If you have questions regarding the duties and responsibilities of the brokerBroker, you should resolve those questions before proceeding further. The Client represents no other Broker broker has been employed as an exclusive agent for real estate defined in Section 2 and agrees to protect, defend, indemnify and hold Broker harmless from the claims, liability, and expenses, including reasonable attorney’s fees, arising by reason of the claim of any other Broker in compensation as the result of a transaction that is within the scope of this contract. The Client authorizes the Broker as Client’s exclusive agent, to identify and communicate to Client Purchasers appearing to have interest in purchasing the real estate appearing to Broker to substantially meet the criteria described in Section 2 and to negotiate acceptance of any offer to purchase or lease such real estate2.

Appears in 1 contract

Samples: For Sale Listing Contract

Creation of Agency. The Broker, as agent for the Client, negotiates and advocates on behalf of the Client, performs the terms of any written agreement made with the client, exercises reasonable skill and care, and promotes the interests of the client with the utmost good faith, loyalty, and fidelity. Regardless of representation, the broker Broker shall: Disclose all known material facts about the property which could affect the client’s use or enjoyment of the property, disclose information which could have a material impact on either party’s ability to fulfill their obligations under the purchase/lease contract, respond honestly and accurately to questions concerning the property, and deal honestly with all parties. The Client should carefully read all documents to assure that they adequately express Client’s understanding of the transaction and protection of your own interests. If you have questions regarding the duties and responsibilities of the brokerBroker, you should resolve those questions before proceeding further. The Client represents no other Broker broker has been employed as an exclusive agent for real estate defined in Section 2 and agrees to protect, defend, indemnify and hold Broker harmless from the claims, liability, and expenses, including reasonable attorney’s fees, arising by reason of the claim of any other Broker in compensation as the result of a transaction that is within the scope of this contract. The Client authorizes the Broker as Client’s exclusive agent, to identify and communicate to Client Purchasers appearing to have interest in purchasing the real estate appearing to Broker to substantially meet the criteria described in Section 2 and to negotiate acceptance of any offer to purchase or lease such real estate2.

Appears in 1 contract

Samples: Lease Listing Contract

AutoNDA by SimpleDocs

Creation of Agency. The Broker, as agent for the Client, negotiates and advocates on behalf of the Client, performs the terms of any written agreement made with the client, exercises reasonable skill and care, and promotes the interests of the client with the utmost good faith, loyalty, and fidelity. Regardless of representation, the broker shall: Disclose all known material facts about the property which could affect the client’s use or enjoyment of the property, disclose information which could have a material impact on either party’s ability to fulfill their obligations under the purchase/lease contract, respond honestly and accurately to questions concerning the property, and deal honestly with all parties. The Client should carefully read all documents to assure that they adequately express Client’s understanding of the transaction and protection of your own interests. If you have questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding further. The Client represents no other Broker has been employed as an exclusive agent for real estate defined in Section 2 and agrees to protect, defend, indemnify and hold Broker harmless from the claims, liability, and expenses, including reasonable attorney’s fees, arising by reason of the claim of any other Broker in compensation as the result of a transaction that is within the scope of this contract. The Client authorizes the Broker as Client’s exclusive agent, to identify and communicate to Client real estate appearing to Broker to substantially meet the criteria described in Section 2 and to negotiate acceptance of any offer to purchase or lease such real estate.

Appears in 1 contract

Samples: ims.rase-inc.org

Time is Money Join Law Insider Premium to draft better contracts faster.