Examples of Sub-Agent in a sentence
Any commission due for a sale brought about by a Sub-Agent (another broker who is authorized by Agent to assist in the sale of the Owner(s) property) or to an authorized Buyer’s Agent shall be paid by the Agent from the commission received by the Agent pursuant to this Paragraph.
The Owner(s) authorizes Agent to compensate a Buyer(s) Agent; Owner(s) acknowledge Owner’s understands that such Buyer’s Agent is not representing Owner(s) as Sub-Agent or Xxxxxx’s Agent and that the Buyer’s Agent will be representing only the interest of the prospective purchaser.
Agent shall be liable for all such amounts and such liability shall be joint and several with that of Sub-Agent in the case of any amounts due from Sub-Agent.
Part or all of the compensation on each referral may be passed along to the Sub-Agent involved.
This Agreement shall also terminate immediately without notice on Sub-Agent’s death; the loss or suspension of any license of Sub-Agent necessary for Sub-Agent’s performance under this Agreement.