How is Real estate brokerage defined in a legal contract?
- Real estate brokerage means a business that functions through a real estate broker. Seen in 14 SEC filings.
- Real estate brokerage means an ongoing sequence of activities that involve dealing shares or options, offering real estate for sale or lease, managing property, negotiating property exchanges, and securing prospects for others in exchange for a fee or other valuable compensation. Seen in 13 SEC filings.
- Real estate brokerage means the facet of the real estate business that includes activities related to property management, real estate sales, exchanges, purchases, and leases. Seen in 8 SEC filings.
- Real estate brokerage means the part of the real estate industry that involves activities related to sales, exchanges, purchases, leases, and property management. Seen in 7 SEC filings.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Real estate brokerage means a business managing, selling, or exchanging properties for a fee.
Relevant Contract Types
- Commercial Lease Agreement
- Residential Lease Agreement
- Property Management Agreement
- Real Estate Purchase Agreement
Relevant Circumstances
- When a business is engaged in property management.
- When properties are being exchanged or sold.
- When a fee is involved in a real estate transaction.
Relevant Sectors
Genie Definition 2
Real estate brokerage means a series of activities managing, exchanging, or selling properties for others for a valuable consideration.
Relevant Contract Types
- Real Estate Brokerage Agreement
- Property Sale Agreement
- Property Lease Agreement
- Real Estate Option Agreement
Relevant Circumstances
- When a sequence of property managing, selling, or trading activities are conducted.
- When valuable considerations are exchanged as part of a real estate transaction.
Relevant Sectors
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Real estate brokerage means a business managing, selling, or exchanging properties for a fee
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