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7.1. EDSR 12-20-2021
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7.1. EDSR 12-20-2021
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12/17/2021 12:42:20 PM
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12/17/2021 10:19:43 AM
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City Government
type
EDSR
date
12/20/2021
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COMMERCIAL LISTING CONTRACT: <br />EXCLUSIVE <br />94. Page 3 <br />95. Property located at Elk River 55330 <br />96. Access to the Prooert,.:: To facilitate the showing and sale and/or lease of the Property, Seller and/or Lessor authorizes <br />97. Brokerto: <br />98. ® access the Property; <br />99. 0 authorize other brokers and their salespersons, inspectors, appraisers, contractors, and other industry professionals <br />100. to access the Property at reasonable times and upon reasonable notice; and <br />101. ❑ duplicate keys to facilitate convenient and efficient showings of the Property. <br />102. Authorizing access means giving Broker permission to: <br />103. 1. authorize the above -referenced persons to enter the Property, with or without a licensed salesperson present; <br />104. 2. disclose any security codes necessary to enter the Property; and <br />105. 3. lend a key to enter the Property, directly or through a lockbox. <br />106. Seller and/or Lessor agrees to commit no act which might tend to obstruct Brokees performance. If the Property is <br />107. occupied by someone other than Seller and/or Lessor, Seller and/or Lessor shall comply with Minnesota law and <br />108. applicable lease provisions of an existing lease and provide tenant with any re4uired notice in advance of any Property <br />109. showing. <br />110. Seller and/or Lessor understands that prospective buyers/tenants and others authorizgd to'access the Property may <br />111. record the Property by photograph, video, or other medium while accessing the Property. <br />112. RECORDING ON THE PROPERTY: Seller and/or Lessor undekstand's that MN,Statute 626A.'G? specifically prohibits <br />113. the interception of oral communications without the consenfof at least oqd of the two parties to�the communication. <br />114. Seller and/or Lessor should seek appropriate legal advice regarding com0ance with this statute if Seller and/or Lessor <br />115, intends to utilize technology that may intercept oral communications between persons other than Seller and/or Lessor. <br />116. SELLER AND/OR LESSOR CONTENT LICENSO: In the event Seller ano/or Lessor provides content, including, but <br />117. not limited to, any photos or videos of the Proper$y ("Seller and/or_ Lessor�gontent") to Broker, Seller and/or Lessor <br />118. grants to Broker a nonexclusive, perpetual, world-wide, transferable, royalty free license to sub -license (including through <br />119. multiple tiers), reproduce, distribute, display, perform„ and,creath derivative works of the Seller and/or Lessor Content. <br />120. Seller and/or Lessor represents and warrants that Seller and/or L,essowhas authority to provide Seller and/or Lessor <br />121. Content and Seller and/or Lessor CoHtent does not violate qny restfictions regarding use including anythird-party intellectual <br />122. property rights orlaws.Sellerand/or Lessor agrees to executg anyfurther documents that are necessaryto effectthis license. <br />123. NOTICE: THE COMPENSiq,TION RATE 'FOR- THE SAID)=, ,L -EASE, RENTAL, OR MANAGEMENT OF REAL <br />124. PROPERTY SHALL,@E DETI_RMINED BETWEEN EACH INDIVIDUAL BROKER AND ITS CLIENT. <br />125. BROKER'S COMPENSATION:,(Filljn all blanks.) <br />126. COMPENSATIbN FOR SATE: (To,be cgmpleted only if Property is being offered for sale.) Seller shall pay Broker <br />127. a retainer fee of $x ° • 00 when Seller signs this Contract. Broker shall keep this fee even if <br />128. Seller does not sell the Property. if is further agreed that Seller shall pay Broker a brokerage fee of: <br />129. (Check any that apply.) <br />130. 0 6 _ _ percent (0*),of fhe price for which the Property is sold or exchanged; <br />131. 0 $ <br />132. ❑ $ per square foot; <br />133. 0 OTHER: The minimum gross sale price for industrial, retail and/or office land, for <br />134. the purpose of calculating commission only, shall be $1.50 per square foot. <br />135. <br />136. upon the occurrence of any of the following conditions, identified in lines 153-201. <br />MNC:LC:E-3 (8/20) <br />Minnesota <br />1911ealtorso <br />TRANSACTIONS <br />Trp�UonDesk EdItlon <br />
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