Common use of Cooperation and Compensation Clause in Contracts

Cooperation and Compensation. Property Owner acknowledges and agrees that, pursuant to the terms of this Agreement, Listing Broker is making an offer compensation for cooperation to Cooperating Broker. In connection with this offer of compensation Property Owner acknowledges and agrees: (i) that this Agreement is a separate arms-length conspicuously, written agreement between the parties; (ii) it has been made with Property Owner’s prior written approval; (iii) it has been provided to Property Owner in advance of any payment or agreement to pay; and

Appears in 2 contracts

Sources: Co Broker Cooperation and Compensation Agreement, Co Broker Cooperation and Compensation Agreement