By signing below, you agree that you are seeking the rental of an apartment in New York City and that you are working with Keller Williams Reality Empire ("Keller Williams") for that purpose. You understand that the fee (the "Commission") charged by Keller Williams and payable by you for the aforesaid services is as follows: A. Fifteen percent (15%) of the first year's annualized rent if you rent any apartment in a rental building or complex (an "Apartment") shown to you by Keller Williams within 180 days of such showing. B. Fifteen percent (15%) of the first year's annualized rent if you rent the specific unit shown to you by Keller Williams (a "Unit") in a condo or co-op building within 180 days of such showing. In the event that you rent an Apartment or Unit for less than a one-year term (based upon initial term stated in lease, Keller Williams' Commission will be as shown below. C.If the term of lease is from one month to three months, the Commission shall be equal to one month's rent. D. If the term of the lease is more than three months but less than or equal to six agreement. months, the Commission shall be equal to one and a half month's rent. E. the term of the lease is more than six months but less than one year, the Commission shall be equal to 15% of the first year's annualized rent. Agreement. Keller Williams will, if requested, list the Apartments and Units that have been shown to you by Keller Williams, after such showing on the bottom and/or reverse side of this agreement. You and Keller Williams agree that Keller Williams will be entitled to the entire Commission, which you shall pay by certified check, upon the earlier of: (1) your execution of a lease for an Apartment or Unit subject to this Agreement or (2) your occupancy in an Apartment or Unit subject to this Agreement. If the lease requires third- party approval (e.g., from the building's managing agent, the landlord, or a board of directors) and such third party does not grant its approval, Keller Williams shall refund the full Commission to you. You understand that in the event that you (i) rent Signature of Applicant 1Date
an Apartment in a rental building or complex shown to you by Keller Williams, or (i) rent a specific condominium or co-operative Unit shown to you by Keller Williams through the services of a broker other than Keller Williams or through the landlord directly, you will still be responsible for paying the entire Commission to Keller Williams, even if the Apartment or Unit was originally described to you as "no fee." because the owner of such Apartment or Unit would have paid Keller Williams a fee had you rented such Apartment or Unit through Keller Williams. In addition, Keller Williams' liability to you in connection with any claim that you may have arising from the services provided to you by Keller Williams shall be limited (to the extent permitted by law) to the amount of the Commission paid by you to Keller Williams. In the event that you (including anyone acting on your behalf or anyone on whose behalf you are acting) purchases a Unit that Keller Williams showed you, you shall pay Keller Williams a sales commission equal to 6 percent of the total price of the property at the time of closing, unless such sales commission is paid by the seller of said Unit. In the event of your default under this Client Registration/Fee Agreement, you shall be liable to pay the full commission as stated above based on the length of the lease you entered into as well as all legal fees incurred by Keller Williams to enforce the terms of this
You acknowledge that in certain instances Keller Williams may receive additional compensation from the owner/landlord of the property. Such compensation may, under certain limited circumstances (but not in all cases), offset the Commission that you have agreed to pay Keller Williams pursuant to the terms of this Client Registration/ Fee
You understand that other potential leases may consider, make offers on or lease through Keller Williams, the same or similar properties as you are seeking to lease. You consent to Keller Williams' representation of such other potential lessees before, during and after the expiration of this agreement. By signing below you understand that you have authorized Keller Williams to work with you for the procurement of an apartment.