Disclaimer
The information provided is intended solely as a general example for illustrative purposes related to fee agreements in real estate transactions involving commission calculations. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in real estate or contractual law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.
Please note: This is a sample Commission Form for the United States, provided for illustrative purposes only. Actual forms may vary based on specific requirements and legal guidelines.
Commission Form US – Sample Template
Parties:
Agent: XYZ Real Estate Agency
Address: 123 Main Street, Anytown, USA
Client: John Doe
Address: 456 Elm Street, Anytown, USA
Property Details:
Property Address: 789 Maple Avenue, Anytown, USA, or other designated property.
Commission Terms:
The agent shall receive a commission equal to 3% of the total sale price, payable upon successful closing of the transaction, unless otherwise agreed.
Agent Responsibilities:
The agent agrees to perform all standard duties related to marketing, showing, and negotiating the property, in compliance with applicable laws and standards of practice.
Governing Law:
This agreement shall be governed by the laws of the State of New York. Disputes shall be handled within the courts of New York County.
Additional Terms:
- The client agrees to cooperate fully with the agent during the process.
- This form may only be amended by written agreement signed by both parties.
- Commissions are payable only upon closing of the sale or lease transaction.
Date: ________________________________
Agent Signature
Client Signature