Real Estate Realty Agreement

REAL ESTATE REALTY AGREEMENT

This Real Estate Realty Agreement ("Agreement") is made effective as of between Client Name: (the "Owner") and Broker Name: (the "Broker"). Both Owner and Broker are collectively referred to as the "Parties."

WHEREAS

WHEREAS, Owner is the legal owner of the real property located at: (the "Property"); and

WHEREAS, Broker is duly licensed and qualified to perform real estate brokerage services and is willing to provide brokerage, marketing, and transactional services for the Property on the terms set forth in this Agreement; and

WHEREAS, the Parties desire to set forth their respective rights and obligations with respect to the listing, marketing, and sale or lease of the Property.

SCOPE OF WORK

Broker shall perform customary brokerage services including but not limited to: preparing and distributing marketing materials, coordinating showings, qualifying prospective purchasers or tenants, negotiating offers and counteroffers, assisting with contract execution, and coordinating closing or lease commencement. Broker shall act in the best interests of Owner and shall comply with all applicable licensing, disclosure, and fiduciary obligations.

PAYMENT TERMS

Commission Structure: Owner agrees to pay Broker the following commission upon a Closing or upon the execution of a binding lease:

Retainer / Advances (if any): (applied to commissions and reimbursable expenses).

Reimbursable Expenses: Owner shall reimburse Broker for reasonable out-of-pocket expenses incurred in the performance of Broker's duties, including but not limited to advertising, photography, signage, MLS listing fees, and third-party vendor costs, subject to prior approval where required by Owner.

Late Payment: Any sums due to Broker that remain unpaid after days past the due date shall bear interest at a rate of per month, or the maximum amount permitted by law, whichever is less.

TERM AND TERMINATION

Term: This Agreement shall commence on Start Date: and shall continue until End Date: unless earlier terminated in accordance with this Agreement.

Termination: Either Party may terminate this Agreement for material breach upon written notice if the breaching Party fails to cure such breach within days after receipt of written notice specifying the breach. Additionally, either Party may terminate this Agreement without cause upon days' prior written notice to the other Party.

Effect of Termination: Termination shall not relieve Owner of any payment obligations incurred prior to termination, including commissions earned on transactions procured during the Term as provided in this Agreement. Sections that by their nature survive termination shall remain in effect.

CONFIDENTIALITY

Each Party shall maintain in confidence all non-public information received from the other Party that is identified as confidential or that reasonably should be understood to be confidential given the nature of the information ("Confidential Information"). Confidential Information shall not include information that (a) is or becomes generally available to the public other than through a breach of this Agreement, (b) was already known to the receiving Party without restriction prior to disclosure, or (c) is independently developed by the receiving Party without use of Confidential Information.

The receiving Party may disclose Confidential Information to its employees, agents, or contractors who have a need to know, provided that such persons are bound by confidentiality obligations no less protective than those set forth herein. Upon termination or upon written request, the receiving Party shall return or destroy Confidential Information, except to the extent retention is required by law, regulatory requirement, or bona fide internal recordkeeping.

INDEMNIFICATION

Owner shall indemnify, defend, and hold harmless Broker and its officers, agents, and employees from and against any and all claims, losses, liabilities, damages, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to Owner's breach of this Agreement, Owner's representations or warranties, or Owner's negligence or willful misconduct. Broker shall indemnify Owner to the extent any claim arises from Broker's gross negligence or willful misconduct in performing Broker's obligations under this Agreement.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to principles of conflicts of law.

ENTIRE AGREEMENT

This Agreement, together with any exhibits or written addenda signed by the Parties, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, representations, and understandings, whether written or oral. Any amendment to this Agreement must be in writing and signed by both Parties.

NOTICES

All notices required or permitted under this Agreement shall be in writing and delivered to the addresses provided above by hand delivery, nationally recognized overnight courier, or certified mail, return receipt requested, and shall be effective upon receipt.

MISCELLANEOUS

Assignment: Neither Party may assign its rights or delegate its duties under this Agreement without the prior written consent of the other Party, except that Broker may assign rights to affiliates or successor entities in connection with a merger or sale of substantially all of Broker's assets.

Severability: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect and the Parties shall negotiate in good faith to replace the invalid provision with a valid provision that achieves, to the extent possible, the original intent.

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