Non-Exclusive Limited Buyer Assistance Agreement
Broker: Town & Country Real Estate (“Broker”) - Dennis Bean-Larson – MI ID # 197808
Address: 1200 West Eleventh Street, Suite 215, Traverse City, MI 49684 (616) 941-7400
Client: ________________________________________________________________________ (“Client”)
Address: _______________________________________________________________________________
1. Broker will assist Client in purchasing property as described in Paragraph #5 as a Limited Agent.
2. Broker’s services shall include consulting with Client regarding the desirability of particular properties and the availability of financing, formulating acquisition strategies, and negotiating purchase agreements.
3. Broker is providing services to the Client as a non-exclusive agent.
4. Client acknowledges that Broker is not acting as and will not carry out the duties of an attorney, tax advisor, surveyor, appraiser, environmental expert or structural or mechanical engineer or property inspector. Client should contact professionals on these matters.
5. Client desires to purchase real property meeting the following criteria (type, price range, location, etc)
6. Broker shall assist the Client in purchasing above real estate for 180 days, or longer by extension.
7. Broker shall seek said commission through a MLS Cooperative Compensation Agreement with the Seller. The commission shall be due and payable upon closing of the sale. The commission applies to any agreements executed during the term of this agreement.
8. Client acknowledges that Broker may represent other clients desirous of purchasing property similar to the Desired Property and waives any claims of conflict of interest or breach of fiduciary duty. Client acknowledges that Broker will not disclose to Client any confidential information of other clients.
9. Broker and Client agree as follows: (indicate with yes or no)
______YES_____ Broker may act as a Dual Agent with Client and a Seller.
______YES_____ Broker will act as a Dual Agent if Client desires to purchase a property listed by Broker.
10. It is agreed by Broker and Client, parties to this agreement, that as required by law, discrimination because of religion, race, color, national origin, age, sex, handicap, familial status, marital status, height or weight by parties in respect to the purchase of the Desired Property is prohibited by law.
11. Client is not relying on Broker to determine the suitability of any Desired Property for the Client’s purposes or regarding the environmental or other condition of the Desired Property.
12. Other: ______________________________________________________________________________
______________________________________________________________________________________
13. Client has read this agreement and acknowledges receipt of a completed copy of this agreement.
14. This contract may be voided at any time by either party at will upon written notification to the other party.
Broker_________________________________ Buyer ______________________________________
Town & Country Real Estate
Date___________________
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