TRANSACTION BROKERAGE Sample Clauses

TRANSACTION BROKERAGE. Xxxxxxx Xxxxxx has not entered into a client relationship with Purchaser or Seller.
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TRANSACTION BROKERAGE. Selling Broker has not entered into a client relationship with Purchaser or Seller.
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TRANSACTION BROKERAGE. Transaction brokerage occurs when a real estate brokerage or a designated agent enters into an agreement, in which the brokerage or the designated agent acts as an impartial facilitator for the seller and the buyer in the same trade. As an impartial facilitator, the brokerage or the designated agent treats the buyer and the seller in an even-handed and impartial manner. Under transaction brokerage, the brokerage or the designated agent acts as an impartial facilitator for both parties, not exclusively in the best interest of one party as the brokerage or designated agent would in a client relationship. Entering into transaction brokerage requires the written consent of all parties and must be done prior to an offer being presented. No one is obligated to proceed with a real estate transaction under transaction brokerage. Both the buyer and seller must be provided with an opportunity to obtain independent advice. Either the seller or the buyer may obtain representation from another brokerage and/or designated agent, or be treated as a customer as an alternative to transaction brokerage. Under transaction brokerage, the real estate representative will, for both the buyer and seller: ✓ explain real estate terms and practices; ✓ provide and explain forms; ✓ give true copies of all agreements; ✓ identify and estimate service costs of other professionals involved in a transaction; ✓ prepare offers and counter offers at your direction; and ✓ present all offers and counter offers promptly. Under this relationship, the real estate representative cannot: 🗶 make recommendations about the transaction, for example, what you should offer/counter offer; 🗶 assist you with negotiation; 🗶 inform you of the other party’s top/bottom line; or 🗶 disclose any confidential information about the other party unless specifically authorized to do so. CUSTOMER RELATIONSHIP
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TRANSACTION BROKERAGE. Leasing Broker has not entered into a client relationship with Tenant or Landlord.
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TRANSACTION BROKERAGE. Owner acknowledges that from time to time, a buyer may hire Broker to serve in the capacity of the buyer's agent. Owner  agrees  does not agree that Xxxxxx may show the Property to such a Buyer, serving as a transaction broker without an agency or fiduciary relationship to either Owner or the buyer, therefore, being neutral, serving neither as an advocate or adviser for either party. As a Transaction Broker, Broker shall have the following duties and obligations: (a) to protect the confidences of both Owner and the buyer; (b) to exercise reasonable skill, care and diligence for Owner and the buyer; (c) to perform the terms of any written or oral agreement made with any party to the transaction; (d) to present all offers and counteroffers in a timely manner regardless of whether the property is subject to a contract for sale or lease or a letter of intent unless otherwise provided herein; (e) to keep the parties to the transaction fully informed regarding the transaction and suggesting that such parties obtain expert advice as to material matters about which Xxxxxx knows, but the specifics of which are beyond the expertise of Broker; (f) to account in a timely manner for all money and property received; (g) to disclose to each party to the transaction any adverse material facts of which Broker has actual notice or knowledge; and (h) to assist the parties in complying with the terms and conditions of any contract. As a Transaction Broker, Xxxxxx shall have no duty to conduct an independent inspection of or discover any defects in the property. Broker shall have no duty to conduct an independent investigation of the buyer's financial condition.
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Related to TRANSACTION BROKERAGE

  • No Brokerage The Purchaser has not incurred any obligation or liability, contingent or otherwise, for brokerage fees, finder's fees, agent's commissions, or the like in connection with this Agreement or the transactions contemplated hereby.

  • Portfolio Transactions and Brokerage (a) The Manager is authorized, in arranging the purchase and sale of the Fund’s publicly-traded portfolio securities, to employ or deal with such members of securities exchanges, brokers or dealers (hereinafter “broker-dealers”), including broker-dealers that are affiliated persons of the Fund or the Manager, as that term is defined in the 1940 Act, as may, in its best judgment, implement the policy of the Fund to obtain the best execution of the Fund’s portfolio transactions.

  • No Brokerage Fees There are no claims for brokerage commission, finders’ fees or similar compensation in connection with the transactions contemplated by this Subscription Agreement or related documents based on any arrangement or agreement binding upon Subscriber.

  • Finders; Brokers None of the Seller Parties has employed any finder or broker in connection with the Purchase who would have a valid claim for a fee or commission from Purchaser in connection with the negotiation, execution or delivery of this Agreement or any of the other Transaction Documents or the consummation of any of the transactions contemplated hereby or thereby.

  • Brokerage In connection with the services provided under subparagraph (b) of paragraph 1 of this Agreement, the Sub-Advisor shall place all orders for the purchase and sale of portfolio securities for the Portfolio's account with brokers or dealers selected by the Sub-Advisor, which may include brokers or dealers affiliated with the Advisor or Sub-Advisor. The Sub-Advisor shall use its best efforts to seek to execute portfolio transactions at prices which are advantageous to the Portfolio and at commission rates which are reasonable in relation to the benefits received. In selecting brokers or dealers qualified to execute a particular transaction, brokers or dealers may be selected who also provide brokerage and research services (as those terms are defined in Section 28(e) of the Securities Exchange Act of 1934) to the Portfolio and/or to the other accounts over which the Sub-Advisor or Advisor exercise investment discretion. The Sub-Advisor is authorized to pay a broker or dealer who provides such brokerage and research services a commission for executing a portfolio transaction for the Portfolio which is in excess of the amount of commission another broker or dealer would have charged for effecting that transaction if the Sub-Advisor determines in good faith that such amount of commission is reasonable in relation to the value of the brokerage and research services provided by such broker or dealer. This determination may be viewed in terms of either that particular transaction or the overall responsibilities which the Sub-Advisor has with respect to accounts over which it exercises investment discretion. The Trustees of the Trust shall periodically review the commissions paid by the Portfolio to determine if the commissions paid over representative periods of time were reasonable in relation to the benefits to the Portfolio.

  • Brokerage Fee Seller agrees to sell the above described Property on the terms and conditions stated in the foregoing Contract, and does hereby approve, ratify and confirm such Contract in all respects. Further, Seller acknowledges the employment of KIRE as the real estate broker in this transaction and agrees to pay said broker a fee under a previously executed listing agreement. The said brokerage fee is to be paid at the Closing of this transaction and shall be deducted from the Downpayment herein before described and disbursed from KIRE’s escrow account at Closing. If there is not a sufficient Downpayment deposited to cover the brokerage fee, the balance shall be disbursed by cashier's check or wire transfer at the time of Closing. Purchaser and Seller do hereby release, acquit, and forever discharge KIRE, its agents, servants, representatives, heirs, administrators, successors and assigns, of and from any and all actions, causes of action, claims, demands, damages, costs, loss of services, expenses and compensation, on account of, or in any way growing out of any and all known and unknown injuries and damages of whatsoever nature, whether past, present or future, and the results of such injuries and damages, incurred in connection with, occasioned by or resulting from the execution, delivery and closing of the transaction contemplated in this Contract.

  • Allocation of Brokerage The Subadviser shall have authority and discretion to select brokers and dealers to execute Designated Series transactions initiated by the Subadviser, and to select the markets on or in which the transactions will be executed.

  • No Financial Advisor, Placement Agent, Broker or Finder The Company represents and warrants to the Investor that it has not engaged any financial advisor, placement agent, broker or finder in connection with the transactions contemplated hereby. The Investor represents and warrants to the Company that it has not engaged any financial advisor, placement agent, broker or finder in connection with the transactions contemplated hereby. The Company shall be responsible for the payment of any fees or commissions, if any, of any financial advisor, placement agent, broker or finder relating to or arising out of the transactions contemplated hereby. The Company shall pay, and hold the Investor harmless against, any liability, loss or expense (including, without limitation, attorneys' fees and out of pocket expenses) arising in connection with any such claim.

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