This Exclusive Sales Rights Contract allows an owner to outline exclusive rights for an agent to sell or resell a product.
To obtain a copy of this agreement please scroll to the bottom of this page.
EXCLUSIVE SALES RIGHTS CONTRACT
THIS EXCLUSIVE SALES RIGHTS CONTRACT (Hereinafter "Agreement") is entered into this ___________ _____ 20___, by and between:
_________________ of _________________
_________________, _________________
_________________
(Hereinafter "Owner")
_________________ of _________________
_________________, _________________
_________________
(Hereinafter "Agent")
The Owner and Agent do hereby agree to abide by the terms set out in this Agreement. The terms of this Agreement are as follows:
The Property
The Owner desires to employ the Agent to sell the property of the Owner (hereinafter "Property"), as described in Exhibit "A" which is attached and made a part of this agreement through its reference.
THIS IS A PARTIAL PREVIEW OF THE DOCUMENT, THE FULL VERSION IS AVAILABLE IMMEDIATLEY AFTER PURCHASE.
Payment
At the time of closing the Owner agrees to pay to the Agent ___________ (____ %) percent of the sales price for the Property. In the event of a sale or exchange of the Property during the term of this Agreement, regardless of whether the sale is effected by the Agent, any cooperating agent, any third party, or the Owner, or in the event that within ______ days after the termination of this Agreement, the Owner agrees to sell the Property to a purchaser to whom the Property was submitted during the term of this Agreement. The Owner hereby grants the Agent full permission to represent and receive commissions from both parties in any exchange of the Property.
The Agent is hereby authorized to accept and hold, on behalf of the Owner, any and all money paid as a deposit in regard to the Property, in accordance with the laws of the State of ________________, and it is agreed that, in the event of a forfeiture by a prospective purchaser, the Agent may retain fifty (50%) percent of any such deposit, or a sum equal to the commission which would have been paid to the Agent proceeding the sale, whichever is less, as compensation.
Encumbrances
During the term of this Agreement the Owner agrees that it will not lease the Property or any portion of it, or otherwise encumber the Property. The Owner further agrees that there is no existing liens or encumbrances on the Property.
Authorization
The Agent may use the name of the Owner in connection with marketing or advertising the Property.
The Owner hereby authorizes the Agent to solicit and obtain all information concerning the Property and the Owner agrees to execute all documents required for this purpose.
THIS IS A PARTIAL PREVIEW OF THE DOCUMENT, THE FULL VERSION IS AVAILABLE IMMEDIATLEY AFTER PURCHASE.
Headings
Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement.
The parties hereby indicate by their signatures below that they have read and agree with the terms and conditions of this Agreement in its entirety.
Witness
Print Name: __________________________________
Sign Name: ___________________________________
Witness
Print Name: __________________________________
Sign Name:___________________________________
Owner
Print Name: __________________________________
Sign Name: ___________________________________
Agent
Print Name: __________________________________
Sign Name:___________________________________
EXHIBIT "A"
(Description of Property)
EXHIBIT "B"
(Price of Property)
THIS IS A PARTIAL PREVIEW OF THE DOCUMENT, THE FULL VERSION IS AVAILABLE IMMEDIATLEY AFTER PURCHASE.
