Common use of Real Estate Brokerage Clause in Contracts

Real Estate Brokerage. Buyer and Seller each warrant and represent to the other that it has not dealt or negotiated with any broker in connection with this transaction. Each Party hereby agrees to indemnify and hold the other party hereto harmless from and against any and all claims, demands, causes of action, loss, costs and expenses (including reasonable attorneys’ fees and disbursements, as incurred) or other liability arising from or pertaining to any brokerage commissions, fees, or other compensation, which may be due any brokers or persons claiming to have dealt with such party in connection with this transaction.

Appears in 2 contracts

Sources: Contract for Purchase and Sale of Real Estate, Purchase and Sale Agreement