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CONTRACT EMPLOYING REAL ESTATE
BROKER FOR LEASE OF PROPERTY
This agreement dated (1), is made By and Between (2), whose address is (3), referred to as "Owner", AND (4), whose address is (5), referred to as "Broker."
1. Property. Owner is the owner of the following real estate:
2. Employment of Broker. Owner gives the Broker the sole right to rent space in the above property to prospective tenants.
3. Commission. Owner agrees to pay the Broker a commission of __(6)__ DOLLARS ($) for services in obtaining the tenants and in negotiating and closing each lease. Owner reserves the right to reject any such lease and will not be responsible for any commission unless and until Owner accepts the lease and receive payment therefore. A commission of __(7)__ DOLLARS ($) will be payable for renewals of leases originally obtained by the Broker.
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