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TXR 2404 — Commercial Registration Agreement Between Brokers

This three-page agreement establishes the fee-sharing arrangement between a listing/principal broker and a cooperating broker for a specific prospect and commercial property. The cooperating broker registers a named prospect and the listing/principal broker agrees to pay a defined share of their com

Source: TXR
Form Number: 2404
Category: Other
Revised: April 1, 2014

Used For

Commercial Sales, RESIDENTIAL_LEASING

Form Outline

The TXR 2404 form is organized into the following sections:

  1. Parties
    Identifies the listing/principal broker and cooperating broker with complete contact information.
  2. Property
    Identifies the specific commercial property including address, city, county, zip, and legal description.
  3. Registration
    Cooperating broker registers a specific prospect. Confirms that listing broker represents the owner and cooperating broker represents the prospect.
  4. Cooperating Broker's Fee
    Defines cooperating broker's fees for sales and leases, with all fees contingent on listing broker receiving payment from owner. Covers primary lease, renewal/extension/expansion, and subsequent sale fees with survival provisions.
  5. Special Provisions, Addenda, and Other
    Special provisions space, addenda list, and standard provisions including entire agreement, written notices, and related party protections.
  6. Execution
    Signature blocks for both brokers with company and individual license numbers.

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