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    FORM NO. 55 Simple Form of Appointment of Broker

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    Alexandrius Van Vailoces
    This document appoints a broker as the exclusive negotiator for the sale of a residential property. It outlines the terms of the agreement including: 1) The selling price, taxes, fees, and other expenses to be paid. 2) The broker's commission of __% to be paid upon full payment of the selling price. 3) The broker is entitled to commission even if the authority expires, if the buyer was registered before expiration and the sale occurs within __ months of expiration. 4) All inquiries about the property must be referred to the broker, who cannot appoint a substitute. The broker is only authorized to negotiate and the owner will execute the final sale documents.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    FORM NO. 55 Simple Form of Appointment of Broker

    Uploaded by

    Alexandrius Van Vailoces
    117 views2 pages
    This document appoints a broker as the exclusive negotiator for the sale of a residential property. It outlines the terms of the agreement including: 1) The selling price, taxes, fees, and other expenses to be paid. 2) The broker's commission of __% to be paid upon full payment of the selling price. 3) The broker is entitled to commission even if the authority expires, if the buyer was registered before expiration and the sale occurs within __ months of expiration. 4) All inquiries about the property must be referred to the broker, who cannot appoint a substitute. The broker is only authorized to negotiate and the owner will execute the final sale documents.

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    FORM NO. 55 Simple Form of Appointment of Broker.docx

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    This document appoints a broker as the exclusive negotiator for the sale of a residential property. It outlines the terms of the agreement including: 1) The selling price, taxes, fees, and other expenses to be paid. 2) The broker's commission of __% to be paid upon full payment of the selling price. 3) The broker is entitled to commission even if the authority expires, if the buyer was registered before expiration and the sale occurs within __ months of expiration. 4) All inquiries about the property must be referred to the broker, who cannot appoint a substitute. The broker is only authorized to negotiate and the owner will execute the final sale documents.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    117 views2 pages

    FORM NO. 55 Simple Form of Appointment of Broker

    Uploaded by

    Alexandrius Van Vailoces
    This document appoints a broker as the exclusive negotiator for the sale of a residential property. It outlines the terms of the agreement including: 1) The selling price, taxes, fees, and other expenses to be paid. 2) The broker's commission of __% to be paid upon full payment of the selling price. 3) The broker is entitled to commission even if the authority expires, if the buyer was registered before expiration and the sale occurs within __ months of expiration. 4) All inquiries about the property must be referred to the broker, who cannot appoint a substitute. The broker is only authorized to negotiate and the owner will execute the final sale documents.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    FORM NO.

    55
    Simple Form of Appointment of Broker

    AUTHORITY TO NEGOTIATE TO SELL

    THIS TO AUTHORIZE (name and personal circumstances


    of broker), as my exclusive BROKER TO NEGOTIATE FOR
    THE SALE of my property consisting of a residential house and
    lot located ______________ at covered Transfer Certificate of
    Title No. ___________for the period of _________ months,
    commencing from _________to __________, upon acceptance of
    the following terms and conditions:
    a) Selling Price on Cash basis: ___________’
    b) The Buyer shall update the realty taxes at the time of the
    sale; and shall shoulder the capital gains, documentary stamp, and
    transfer taxes, notarial expenses, registration expenses and all
    necessary expenses and charges to transfer and consolidate the
    title of said property in the name of the Buyer.
    c) The BROKER's commission of % shall be based on
    the actual selling price and shall be released upon full payment of
    the selling price stated above.
    d) The BROYGR shall be entitled to the said commission
    despite the expiration of this Authority; provided that the buyer
    had been registered with the Owner prior to the expiration of this
    Authority; and provided further, mat the sale with such buyer is
    consummated not more than _____ months from the expiration of
    this Authority.
    As the exclusive BROKER of the Owner, all inquiries from
    buyers, real estate brokers, or any interested person or parties shall
    be referred to broker. The broker is not authorized to appoint a
    substitute.
    It is understood and agreed that this is an EXCLUSIVE
    AUTHORITY TO NEGOTIATE FOR THE SALE of the subject
    property. The BROYÆR is not authorized to sell, transfer and
    covey or in any manner dispose of or encumber the said property.
    The Deed of Sale will be executed by the OWNER of the subject
    property.

    Executed this __th day of ______ 20__ at _____


    Signature of Owner
    CONFORME:
    Agent/Broker
    SIGNED IN THE PRESENCE OF:

    _______________ _________________
    ACKNOWLEDGEMENT
    (Signature and Seal of the Notary Public)
    FORM no. 1

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