Addendum

TXR 2102 — Commercial Lease Addendum for Broker's Fee

This addendum defines broker compensation for a commercial lease transaction, covering leasing fees, renewal and expansion fees, and fees in the event the tenant purchases the property. It establishes the fee structure for both the principal broker and cooperating broker, specifying how fees are cal

Source: TXR
Form Number: 2102
Category: Addendum
Revised: July 8, 2022

Used For

COMMERCIAL_LEASING

Form Outline

The TXR 2102 form is organized into the following sections:

  1. Leasing Fees
    Establishes initial leasing fees for both brokers, calculated as a percentage of total base rent and expense reimbursements for the lease term, with flexible payment schedules.
  2. Renewal and Expansion Fees
    Defines broker fees triggered by any future renewal, extension, expansion, or new lease, including at any property owned or managed by the landlord.
  3. Fees in the Event of a Sale
    Provides additional broker compensation if the tenant purchases the property during or after the lease, earned at agreement but payable at closing.
  4. County
    Designates the Texas county where all broker fees are payable.
  5. Attorney's Fees
    Prevailing party in disputes under this addendum recovers attorney's fees, costs, and prejudgment interest.
  6. Special Provisions
    Provides space for additional broker fee terms or modifications.
  7. Signatures and Broker Information
    Execution blocks for all parties plus broker company information and license numbers, with statutory lien notice.

How RaiderX Agents Use This Form

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