The Exclusive Tenant Brokerage Agreement serves as a foundational document in commercial real estate transactions across the United States. This agreement is typically employed when a business or individual seeks professional representation in their search for commercial space to lease. The document establishes the broker as the tenant's exclusive representative, outlining the broker's obligations to identify suitable properties, negotiate terms, and represent the tenant's interests throughout the leasing process. The agreement also defines the compensation structure, typically paid through landlord commissions, and protects the broker's interests by ensuring exclusive rights to represent the tenant for a specified period.
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1. Parties: Identifies the broker and tenant, including full legal names and addresses
2. Background: Explains the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Services: Details the specific services the broker will provide
5. Exclusivity: Terms of exclusive representation
6. Commission Structure: Details of broker compensation
7. Term and Termination: Duration of agreement and termination provisions
1. Dual Agency Provisions: Required if dual agency is permitted in the jurisdiction and broker may represent both tenant and landlord
2. Protected Properties: List of properties subject to commission, used when specific properties have been shown or discussed
3. Additional Services: Optional services beyond standard scope, included when offering enhanced service packages
1. Schedule A - Property Requirements: Detailed specifications of tenant's property requirements
2. Schedule B - Fee Schedule: Detailed breakdown of fees and commission structures
3. Schedule C - Protected Properties List: List of properties subject to commission after agreement termination
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