Agreement Between A Firm And A Broker For Agency

Agreement Between A Firm And A Broker For Agency
THIS AGREEMENT made on the…………………..day of……………..BETWEEN ………..,
etc., a firm carrying on the business of ……………………………………………..at……………………………………………
(hereinafter called the firm) of the one part and ……………….., etc. (hereinafter called the broker ) of the other part.
WHEREAS the firm wants to sell the property described in the Scheudle hereto and for the said purpose the services of the broker are required.
AND WHEREAS the said broker has shown his willingness to accept the agency for the sale of the said property described in the Schedule hereto.
AND WHEREAS the firm has accepted to pay to the broker the present rat of commission of … per cent. Of the sale price.
NOW THEREFORE THIS AGREEMENT WITNESSES as follows :
1. The firm hereby gives the broker for a period of ………… months thereof the right to sell the property described in the Schedule hereto at the price and on the terms and conditions hereinafter contained in this agreement.
2. 2. The broker is hereby authorised to sell the property on he price of Rs. …………….……..and out of this consideration the purchaser shall pay Rs………….………..in advance as earnest money and the balance of Rs………….……………..shall be paid within a month hereof before the Registrar at the time of registration of the sale-deed.
3. The broker shall be authorised to sell the property at the price of Rs…………..and on other terms and conditions that may be acceptable to the firm.
4. The firm hereby represents and warrants that the details of the property as described in the Schedule hereto are true and correct and the said property is free from all encumbrances.
5. The firm hereby undertakes to deliver to the purchaser, within a reasonable time, as abstract of title showing that the firm is the owner of the property and the said property is free from all encumbrances.
6. The firm hereby agrees that the sale-deed to be executed by the firm shall be a full covenant warranty deed free from all encumbrances.
IN WITNESS WHEREOF, etc.
SCHEDULE OF PROPERTY

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This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.

Our Criminal Law team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. Our criminal defence team handles bail, trial and pre-trial applications in Kolkata courts.

Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.

Agreement Between a Firm and a Broker for Agency

Agreement Between A Firm And A Broker For Agency

Using this format

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