Commercial Property Estate Agency Appointment Form (Sale of Freehold)
This Commercial Property Estate Agency Appointment Form (Sale of Freehold) creates a contract between the Seller of a commercial property and the estate agency or firm of surveyors which is to market the property for sale. The form is completed and signed by the Seller and the Agent.
The Appointment Form makes reference to the Commercial Property Estate Agency Terms and Conditions (Sale of Freehold). Use of these two documents together makes a contract between the Agency and the Seller.
The Agent is given Sole Selling Rights, meaning that the agent is entitled to commission even if the Seller finds a buyer himself during the Agency Period.
The Appointment Form and Terms and Conditions can be displayed on the Agency’s website but the Agent should also give the Seller hard copies.
The Appointment Form contains fields for the Agent’s details, the Seller’s details and a description of the property. Details of the agency arrangements are also captured: the agency start date and fixed term and the Commission to be paid.
The Seller signs the form to confirm their wish to appoint the Agent. The Agent also signs the form to accept the appointment.
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 Estate Agency Appointment Form (Sale of Freehold) 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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