Commercial Property Lettings Agency Appointment Form (Letting Only Service)
This Commercial Property Lettings Agency Appointment Form (Letting Only Service) creates a binding contract between a landlord and a commercial property lettings agency for the marketing of business premises for rental. The form is completed and signed by the Owner and the Agent.
The Appointment Form, when used with the Commercial Lettings Agency Terms and Conditions (Letting Only Service), sets up a contract between the Agency and the Owner. The Appointment Form and Terms and Conditions can be displayed on the Agency’s website but should also be provided to the Owner in hard copy.
This version of the Appointment Form should be used where the Agency’s role is limited to marketing the property and finding a tenant. If the Agency will be providing a “fully managed” service, i.e. dealing with day to day management of the property, the “Letting & Management” version of the Appointment Form should be used instead.
The Appointment Form contains fields for the Agent’s details, the Owner’s details and a description of the property. Details of the agency arrangements are also captured: the agency start date and fixed term, the Commission and target rent.
By signing the form the Owner confirms that there are no restrictions (such as planning control, mortgage conditions or restrictions in the title deeds) that prevent the property being let. Owners should investigate these matters before entering into a contract with an Agency.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
This Commercial Property Lettings Agency Appointment Form (Letting Only Service) is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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