All persons involved in the sale of the property are bound by the terms of this real estate agency contract. The agent undertakes to keep private any information deemed confidential and not necessary for the sale of the property. After the conclusion or termination of this real estate agency contract, the broker will return all the following real estate as well as all property purchased by the seller for the property. 1.3 In all cases, we store your personal data securely, either on paper on our property files or digitally in our software. 20. I/we appoint Tracy Wilcox T/A Kingsmark Properties to act as the exclusive tenant with respect to the lease on the above land. Any part of this agreement cannot be transferred or delegated without the prior written consent of the parties. 7. I/we understand that the agent prior to the rental will establish a schedule for the condition and inventory of the property and, after a rental period, take another inventory before the tenant of the property. Any squandering that is not fair wear and tear will be billed to the tenant and the agent will do his best to obtain the money necessary for forfeiture. However, the agent himself is not liable for non-payment of rent or damage to the tenant in the event that the tenant has disappeared and is not reasonably traced by the agent; or the deposit guarantee service is the case where the tenant is not responsible. All information disclosed without the above consideration constitutes a substantial infringement and leads to the termination of this real estate agency contract in its entirety. Therefore, the agent is responsible for all federal and municipal taxes payable on the commissions of this agreement.
If you own a property and want to hire a company or an individual to manage it, you need this agreement. If you work as a management company, you also need this contract to protect your business.