Agent entitled to sale proceeds if only signed rental agreement?
Hi,

I signed a contract with an agent to lease out space in a commercial property, but I might be selling it within the next 1 month (agent not involved). Are there any ramifications in doing this, or will the agent be entitled to any proceeds of the sale, even if it isn't a lease?

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Update: Answer found
[{"id": "hwjk93u", "text": "It depends. You will want to review the listing agreement and/or the commission agreement that you signed.", "replies": [{"id": "hwjlb0a", "text": "&gt;HeadingBulleted ListNumbered ListQuote BlockCode BlockTableMarkdown Mode  \n&gt;  \n&gt;Sort by: best\n\nThanks, I checked the listing agreement and it only has provisions for leasing the property.", "replies": [{"id": "hwjuqme", "text": "You're welcome. You should be fine. Just be sure to keep it handy in case you need to refer back to it.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hwjksxw", "text": "Usually no but check your listing agreement", "replies": [{"id": "hwjlbii", "text": "Thanks!", "replies": [], "depth": 2}], "depth": 1}, {"id": "hwjl2dd", "text": "Review the listing agreement. Some right to lease agreements have provisions for a sale, and vice versa.", "replies": [{"id": "hwjlc9a", "text": "Thanks!", "replies": [], "depth": 2}], "depth": 1}, {"id": "hwjoqwq", "text": "Usually it's just for leasing the space and completely different than selling.  It is not unusual for the property to be leased out by one agent and listed for sale by another. But double check your agreement to verify", "replies": [], "depth": 1}]