Limited Service Rental Listing Agreement

This Limited Service Listing Agreement ("Agreement") is between (Owner")   and 398MLS.com ("Broker").

1. AUTHORITY TO RENT / LEASE PROPERTY: Owner gives Broker the right to rent / lease the real and personal property (collectively "Property") described below, at the price and terms described below, beginning today and terminating in 1 year  ("Termination Date"). Owner certifies that Owner is legally entitled to convey the Property and all improvements. This Property will be offered to any person without regard to race, color, religion, sex, handicap, familial status, national origin or any other factor protected by federal, state or local law.    
   
2. DESCRIPTION OF PROPERTY:
a) Real Property Street Address:
b) Tax ID #(on your tax bill, or look up on link to left ):

3. PRICE AND TERMS: The property is offered for rent / lease on the following terms, or on other terms acceptable to Owner:
a) Price per month: $
b) Application Fee:           Deposit    Pet Deposit                  Total Move In Cost

4. BROKER OBLIGATIONS AND AUTHORITY:
a) Owner authorizes Broker to place the property in a multiple listing service (MLS), and to offer compensation to cooperating brokers. 
b) Owner authorizes Broker to report to the MLS Association of Realtors this listing information and price, terms and financing information on any resulting rent / lease. Owner authorizes Broker, the MLS and/or Association of Realtors to use, license or sell the active listing and sold data.
c) Broker shall act as a Single agent of Owner; Single agent of Owner with consent to transition to Non representative


5. OWNER OBLIGATIONS
:a) Owner shall indemnify Broker and hold Broker harmless from losses, damages, costs and expenses of any nature, including attorney's fees and from liability to any person that Broker incurs because of
(1) Owner's negligence, representations, misrepresentations, actions or inaction's,
(2) The use of a lock box,
(3) The existence of undisclosed material facts about the Property, or
(4) A court or arbitration decision that a broker who was not compensated in connection with a transaction is entitled to compensation from Broker. This clause will survive Broker's performance and the transfer of title
b) Owner shall make all legally required disclosures, including all facts that materially affect the Property's value and are not readily observable or known by the buyer. Owner represents there are no material facts (building code violations, pending code citations, unobservable defects, etc.) other than the following:
Owner will immediately inform Broker of any material facts that arise after signing this Agreement. 


 6. COMPENSATION:
Owner shall pay the Buyers Broker a commission of    ( 1/2 month - 1 Month rent recommended ) at closing should a Broker who participates in the MLS in which compensation was offered by Broker, rent / lease the Property.
Seller agrees to pay a one-time flat fee to 398MLS.com in exchange for the MLS marketing services.

7. ADDITIONAL TERMS:
Owner can cancel this agreement at any time with no additional fees.
Owner shall notify 398MLS.com if the status of the property changes within 24 Hours.
Owner can rent / lease the property by Owner without the assistance of a broker and pay 0% commission and no additional fees.
 

Other terms desired in Contract:

NO BROKERAGE RELATIONSHIP NOTICE

FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES WHO HAVE NO BROKERAGE RELATIONSHIP WITH A POTENTIAL SELLERS OR BUYER DISCLOSE THEIR DUTIES TO SELLERS AND BUYERS.

As a real estate licensee who has no brokerage relationship with you, 398MLS.com and its associates owe to you the following duties:
1. Dealing honestly and fairly;
2. Disclosing all known facts that materially affect the value of residential real property which are not readily observable to the buyer.
3. Accounting for all funds entrusted to the licensee.

  

 
Owner Signature:

Telephone #'s: Home Email
 
Address:

Owner 2 Signature:
 
Telephone #'s: Home Work

 Authorized Listing Broker:
Brokerage Firm Name: 398MLS.com

By Typing my Signature and sending it via the Internet, I acknowledge I have read, understand and agree to all terms and I understand that my Electronic Signature is the equivalent of a hand written Signature.