cooperating broker definition

cooperating broker is any broker other than the listing broker entitled to a share of any commission arising as a result of this Lease. Upon execution of this Lease by both parties, Lessor shall pay to said broker(s) jointly, or in such separate shares as they may mutually designate in writing, a fee as set forth in a separate agreement between Lessor and said broker(s).
cooperating broker is defined as any broker other than the listing broker entitled to a share of any commission arising under this Lease. Upon execution of this Lease by both parties, Lessor shall pay to said brokers jointly, or in such separate shares as they may mutually designate in writing, a fee as set forth in a separate agreement between Lessor and said broker(s).
cooperating broker means a Licensed Broker acting as a seller’s Broker or buyer’s Broker.

Examples of cooperating broker in a sentence

  • The Cooperating Broker shall be paid % (percent) of the purchase price or no later than closing.

  • Buyer represents and warrants to Seller that Xxxxx has not contacted or entered into any agreement with any real estate broker, agent, finder, or any other party in connection with this transaction other than the Auctioneer and the Cooperating Broker, if any set forth in the Key Terms, and that Buyer has not taken any action which would result in any real estate broker’s finder’s, or other fees or commissions being due or payable to any other party with respect to this transaction.


More Definitions of cooperating broker

cooperating broker means a broker who is assisting a buyer or a tenant in negotiations with a seller or landlord who is represented by a listing broker. A “cooperating broker” may be the agent of the buyer, the tenant, the seller, or the landlord.
cooperating broker means “any MLS Member seeking to cooperate with a Listing Broker”.
cooperating broker is defined as any broker other than the listing broker entitled to a share of any commission arising under this Lease.
cooperating broker means a Broker with whom a Cooperating Agent is associated; and where the context requires the obligations of the Cooperating Broker shall also be obligations of the Cooperating Agent.
cooperating broker is defined as any broker other than the listing broker entitled to a share of any commission arising under this Lease. Upon execution of this Lease by both parties, Lessor shall pay to said brokers jointly, or in such separate shares as they may mutually designate in writing, a fee as set forth in a separate agreement between Lessor and said broker(s), or in the event there is no separate agreement between Lessor and said broker(s), the sum of $ PER SCHEDULE for brokerage services rendered by said broker(s) to Lessor in this transaction. The commission shall be paid 50% upon execution of this Lease and 50% upon the commencement of this Lease. HOWEVER, IN NO EVENT SHALL ANY COMMISSION BE DUE IN THE EVENT LESSEE EXERCISES ITS RIGHT TO TERMINATE UNDER PARAGRAPH 52 OF THIS LEASE.
cooperating broker means a broker, other than the listing broker, that facilitates a sale by bringing a buyer to the transaction.
cooperating broker means the broker representing the tenant in the applicable Lease; however, a cooperating broker shall not be either of the Designated Agents except that the Designated Agents may represent the list of tenants set forth on Exhibit D (“Designated Agent Tenants”) and be a “cooperating broker” with regard to such Designated Agent Tenants. For purposes of this Agreement, the term “cooperating broker” shall include Broker where Broker has a bona fide tenant representation agreement. Where Broker acts as a cooperating broker, the payments described herein shall not be decreased by virtue of such fact, and Broker's total compensation shall be calculated as if a third-party cooperating broker was being compensated.