Non-exlusive Right of Sale Contract
THIS AGREEMENT is made and entered into this day of ,
20 , by and between , (hereinafter referred to as the “Owner”), and , (hereinafter referred to as the “Broker”).
W I T N E S S E T H :
WHEREAS, the Owner desires to employ the Broker to sell certain real and personal property of the Owner; and
WHEREAS, the Broker desires to accept such employment and to use his best efforts to find a purchaser for the property of the Owner;
NOW, THEREFORE, in consideration of the covenants and agreements contained herein, the Owner and the Broker agree as follows:
1. The Broker is duly licensed as a real estate broker in the State of
and maintains an office, properly equipped and staffed by employees suitable to render the services contracted for herein.
2. The Owner represents and warrants that he is the fee simple owner of the property situated in the County of , State of , described in Exhibit “A”, attached hereto and made a part hereof by reference, (herein after referred to as the “Property”), and that he has good right and lawful authority to sell and convey said Property, and that said property is free of all encumbrances, except taxes accruing subsequent to , 20 , conditions, restrictions, easements, limitations and zoning ordinances of record, if any, and the encumbrances described in Exhibit “B”, attached hereto and made a part hereof by reference.
3. In consideration of the Agreement of the Broker to list and use his best efforts to find a purchaser for the Property of the Owner, and the further Agreement of the Broker to advertise the Property, the Owner hereby gives the Broker the right to sell the Property at the price and upon the terms as are set out in Exhibit “C”, attached hereto and made a part hereof by reference, or at any lower price and upon such different terms as may be hereafter accepted by the Owner, without regard to the race, creed, color or place of national origin of any purchaser.
4. The term of this Agreement shall be ( ) months, beginning on the date of execution hereof by both parties, and ending on the day of , 20 , unless extended by the parties or sooner terminated as set out hereinafter.
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