A real estate license contract is a written agreement made between two parties where both the parties mutually agree upon a certain number of terms and conditions. This contract is made for granting the license of a real estate from one party to another.
Sample real estate license contract:
This contract as been made effective as on 12th July 2011 and shall remain into effect for 24 months after date of signing.
The real estate contract has been drafted and signed between Mr. Daniel White who is herein referred to as the OWNER of the real estate property and Mr. Lewis Freud who is herein referred to as the USER of the real estate for the entire duration of the contract.
The following are the details of both the parties:
Address of OWNER: C-90, second floor, Paul tower, CA
Contact number: 473958093540
Address of USER: 34-P, east side ridge road, CA
Contact number: 473098340505
Address of real estate property: S-7, Minto road, Samuel estate grounds, CA
This real estate property has been owner by the OWNER since 2004 and now is granted to the USER for 24 months under a license with code: 56/MF
Terms and conditions:
- The USER agrees to use the real estate for personal purpose and not for any commercial use. He realises that he cannot sublease or grant license to a third party.
- The cost of license accounts to $5000 per month which shall be paid in cheque within the first week of each month.
Both the parties hereby agree to the terms: