What Is A Buyer Tenant Representation Agreement

Sometimes renting space may not be the best option for you. Buying a building can be profitable in the long run, or a coworking space can give you the flexibility not to be in a long-term lease. Depending on market conditions and the needs of your business, buying real estate can be more profitable than renting. A tenant representative can help you define your needs and decide if buying or renting is the best option for you. The intent of this document appears to provide important protection to the broker to the detriment of the client. In particular, Article 11. According to Article 11.B, if for any reason the commissions due to the broker are not paid, this will become the responsibility of the buyer. . even if the buyer acted in good faith and paid all funds due at the time of closing. .