This letter dated , 2018 shall serve as an Agreement between Cannabis Property Brokers, LLC (“Seller”) and (“Broker”) regarding payment of a commission to Broker for the transaction(s) contemplated herein.
In the event a sale is consummated by and between Seller of any of the clients or leads generated by Broker, Seller agrees to pay Broker a commission in the amount of 3% of the sale price should the Broker find a purchaser ready, willing, and able to pay such sum as may be accepted by Owner.
Said commissions are payable upon closing.
During the term of this agreement, Broker and any and all of its sub-agents or affiliated Brokers are forbidden from advertising any of the Seller’s available properties on any online or analog platform, including but not limited to MLS, LoopNet, and Cpix. Broker may only publish the information regarding Seller’s available properties on its own local proprietary business website.
This Agreement is binding upon the legal representative, successors and permitted assigns of the parties.
The Agreement shall be valid and remain in full force and effect for one-hundred & eighty (180) days from the date of this Agreement. The Agreement shall constitute the entire Agreement between parties and supersede all prior agreements, whether oral or written, and may be amended only by written instrument signed by all parties to the Agreement.
AGREED & ACCEPTED
Title: Authorized Agent
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