CM-2020-249 - 9/18/2020DocuSlgn Envelope ID: C9E4AE5A-BAB0-42A3-BA83-DB623B8B3369
dZ TEXAS REALTORS
COMMERCIAL REAL ESTATE LISTING AGREEMENT
EXCLUSIVE RIGHT TO SELL
USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®, INC. IS NOT AUTHORIZED.
®Texas Association of REALTORSS, Inc. 2014
1. PARTIES: The parties to this agreement (this Listing) are:
Seller: City of Round Rock
Attn: Laurie Hadley, City Manager
Address: 221 E Main Street
City, State, Zip: Round Rock, TX 78664
Phone: (512)218-5430 Fax:
E-Mail: LHadleygtroundrocktexas.gov
Broker: Don Quick 81 Associates, Inc.
Attn: Brent Campbell
Address: 1000 N Interstate 35
City, State, Zip: Round Rock, TX 78681
Phone: (512)814-1814 Fax:
E-Mail: brentAdonguick.com
Seller appoints Broker as Seller's sole and exclusive real estate agent and grants to Broker the
exclusive right to sell the Property.
2. PROPERTY:
A. "Property" means the following real property in Texas:
Address: Commerce Cove
City: Round Rock, TX County: Williamson Zip: 78664
Legal Description (Identify exhibit if described on attachment):
Lot 2, Block A of the Commerce Cove Addition, consisting of 2.047 Acres, as shown on the
attached "Exhibit A"
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(TXR-1301) 4-1-14 Initialed for Identification by Seller and Broker/Associate Page 1 of 9
Don Quick,1000 North IH-35 Suite A Round Rock TX 78681 Phone: 512.755.3000 Fax: For Sale:
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DocuSign Envelope ID: C9E4AE5A-8ABO-42A3-BA83-DB623BBB3369
Commerce Cove
Commercial Listing concerning Round Rock TX 78664
3. LISTING PRICE:
A. Seller instructs Broker to market the Property at the following gross sales price: $ 475,000.00
Four Hundred Seventy -Five Thousand
(Listing Price).
B. Seller agrees to sell the Property for the Listing Price or any other price acceptable to Seller. Seller will
pay all typical closing costs charged to sellers of commercial real estate in Texas (seller's typical
closing costs are those set forth in the commercial contract forms published by Texas REALTORS®)
except
4. TERM:
A. This Listing begins on September 18, 2020 and ends at 11:59 p.m.
on August 31, 2021 Seller may terminate this Listing on notice to Broker any time
after August 31, 2021
B. If Seller enters into a binding written contract to sell the Property before the date this Listing begins and
the contract is binding on the date this Listing begins, this Listing will not commence and will be void.
5. BROKER'S FEE:
A. fge: When earned and payable, Seller will pay Broker a fee of:
X (1) 6.000 % of the sales price.
(2)
B. Earned: Broker's fee is earned when any one of the following occurs during this Listing:
(1) Seller sells, exchanges, agrees to sell, or agrees to exchange all or part of the Property to anyone
at any price on any terms;
(2) Broker individually or in cooperation with another broker procures a buyer ready, willing, and able to
buy all or part of the Property at the Listing Price or at any other price acceptable to Seller;
(3) Seller grants or agrees to grant to another person an option to purchase all or part of the Property;
(4) Seller transfers or agrees to transfer all or part of Seller's interest (stock or shares) in any entity
that holds title to all or part of the Property for the purpose of conveying all or part of the Property to
another person; or
(5) Seller breaches this Listing.
C. Payable: Once earned, Broker's fee is payable either during this Listing or after it ends at the earlier of:
(1) the closing and funding of any sale or exchange of all or part of the Property;
(2) Seller's refusal to sell the Property after Broker's Fee has been earned;
(3) Seller's breach of this Listing; or
(4) at such time as otherwise set forth in this Listing.
Broker's fee is = payable if a sale of the Property does not close or fund as a result of: (i) Seller's
failure, without fault of Seller, to deliver to a buyer a deed or a title policy as required by the contract to
sell; (ii) loss of ownership due to foreclosure or other legal proceeding; or (iii) Seller's failure to restore
the Property, as a result of a casualty loss, to its previous condition by the closing date set forth in a
contract for the sale of the Property.
(TXR-1301) 4-1-14 Initialed for Identification by Seller and Broker/Associate Page 2 of 9
Produced with 6pForn* by zlpLoglx 18070 Fifteen Mite Road, Fraser, Mlchlgon 4802E www.zip{yp(x.com For salt:
DocuSign Envelope ID: C9E4AE5A-BAB0-42A3-BA83-DB623BBB3369
Commerce Cove
Commercial Listing concerning Round Rock TX 78664
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(3) Breach by Buyer Under Contract: If Seller collects earnest money, the sales price, or damages by
suit, compromise, settlement or otherwise from a buyer who breaches a contract for the sale of all
or part of the Property entered into during this Listing, Seller will pay Broker, after deducting
attorney's fees and collection expenses, an amount equal to the lesser of one-half of the amount
collected after deductions or the amount of the Broker's Fee stated in Paragraph 5A. Any amount
paid under this Paragraph 5D(3) is in addition to any amount that Broker may be entitled to receive
for subsequently selling the Property.
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E. Protection Period:
(1) "Protection period" means that time starting the day after this Listing ends and continuing for 120
days.
(TXR-1301) 4-1-14 Initialed for Identification by Seller and Broker/Associate Page 3 of 9
Produced with zlpForm® by zoLogix 18070 Fifteen His Road, Fraser, Michigan 48020 www.zk)Lcx�Kmm For Sale:
DocuSign Envelope ID: C9E4AE5A-BABO-42A3-BA83-DB623BB83389
Commerce Cove
Commercial Listing concerning Round Rock TX 78664
(2) Not later than 10 days after this Listing ends Broker may send Seller written notice specifying the
names of persons whose attention Broker has called to the Property during this Listing. If Seller
agrees to sell or lease all or part of the Property during the protection period to a person named in
the notice or to a relative or business associate of a person named in the notice, Seller will pay
Broker, upon the closing of the sale or upon execution of the lease, the amount Broker would have
been entitled to receive if this Listing were still in effect.
(3) "Person" means any person in any capacity whether an individual or entity. "Sell" means any
transfer of any interest in the Property whether by agreement or option.
(4) This Paragraph 5E survives termination of this Listing.
F. County(,: All amounts payable to Broker are to be paid in cash in Williamson
County, Texas.
G. Escrow Authorization: Seller authorizes, and Broker may so instruct, any escrow or closing agent
authorized to close a transaction for the purchase or acquisition of the Property to collect and disburse
to Broker all amounts payable to Broker under this Listing.
NOTICE. Under Chapter 62, Texas Property Code, Broker is entitled to claim a lien against the Property to
secure payment of an earned commission.
6. EXCLUSIONS:
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7. ACCESS TO THE PROPERTY: Authorizing access to the Property means giving permission to another
person to enter the Property, disclosing security codes necessary to enter the Property to such person,
and lending a key to the Property to such person. To facilitate the showing and sale of the Property, Seller
instructs Broker and Broker's associates to: (i) access the Property at reasonable times; (ii) authorize other
brokers, inspectors, appraisers, lenders, engineers, surveyors, and repair persons to enter the Property at
reasonable times; and (iii) duplicate keys to facilitate convenient and efficient showings.
8. COOPERATION WITH OTHER BROKERS: Broker will allow other brokers to show the Property to
prospective buyers. If the other broker procures a buyer who purchases the Property, Broker will offer to
pay the other broker a portion of Broker's fee under Paragraph 5.
(TXR-1301) 4-1-14 Initialed for Identification by Seller and Broker/Associate Page 4 of 9
Produced with zipForm® by ApLogix 18070 Fifteen Mile Road, Fraser, Michigan 48020 vnvw.zioLookoom For Sale:
DocuSign Envelope ID: C9E4AE5A-8ABO-42A3-BA63-DB623B863369
Commerce Cove
Commercial Listing concerning Round Rock, TX, 78664
9. INTERMEDIARY: (Check A or B only.)
❑X A. Intermediary Status: Broker may show the Property to interested prospective buyers or tenants who
Broker represents. If a prospect who Broker represents offers to buy or lease the Property, Seller
authorizes Broker to act as an intermediary and Broker will notify Seller that Broker will service the
parties in accordance with one of the following alternatives.
(1) If a prospect who Broker represents is serviced by an associate other than the associate servicing
Seller under this Listing, Broker may notify Seller that Broker will: (a) appoint the associate then
servicing Seller to communicate with, carry out instructions of, and provide opinions and advice
during negotiations to Seller; and (b) appoint the associate then servicing the prospect to the
prospect for the same purpose.
(2) If a prospect who Broker represents is serviced by the same associate who is servicing Seller,
Broker may notify Seller that Broker will: (a) appoint another associate to communicate with, carry
out instructions of, and provide opinions and advice during negotiations to the prospect; and (b)
appoint the associate servicing the Seller under this Listing to the Seller for the same purpose.
(3) Broker may notify Seller that Broker will make no appointments as described under this Paragraph
9A and, in such an event, the associate servicing the parties will act solely as Broker's intermediary
representative, who may facilitate the transaction but will not render opinions or advice during
negotiations to either panty.
❑ B. No Intermediary Status: Seller agrees that Broker will not show the Property to prospects who Broker
represents.
Notice: If Broker acts as an intermediary under Paragraph 9A, Broker and Broker's associates:
• may not disclose to the prospect that Seller will accept a price less than the asking price
unless otherwise instructed in a separate writing by Seller;
• may not disclose to Seller that the prospect will pay a price greater than the price
submitted in a written offer to Seller unless otherwise instructed in a separate writing by
the prospect;
• may not disclose any confidential information or any information Seller or the prospect
specifically instructs Broker in writing not to disclose unless otherwise instructed in a
separate writing by the respective party or required to disclose the information by the
Real Estate License Act or a court order or if the information materially relates to the
condition of the property;
• may not treat a party to the transaction dishonestly; and
• may not violate the Real Estate License Act.
10. CONFIDENTIAL INFORMATION: During this Listing or after it ends, Broker may not knowingly disclose
information obtained in confidence from Seller except as authorized by Seller or required by law. Broker
may not disclose to Seller any information obtained in confidence regarding any other person Broker
represents or may have represented except as required by law.
11. BROKER'S AUTHORITY:
A. Broker will use reasonable efforts and act diligently to market the Property for sale, procure a buyer,
and negotiate the sale of the Property.
B. In addition to other authority granted by this Listing, Broker may:
(1) advertise the Property by means and methods as Broker determines is appropriate in any media,
including but not limited to:
(a) placing a "For Sale" sign or similar marketing sign on the Property; and
(b) creating and placing information about the Property (including interior and exterior photographs
or videos):
(TXR-1301) 4-1-14 Initialed for Identification by Seller and Broker/Associate Page 5 of 9
Produced w th zJpforn0 by zipLoglx 18070 Fifteen Mile Road, Fraaer, Mlchlgan 4802e mAmyripLook For Sale:
DocuSign Envelope ID: C9E4AE5A-8ABO-42A3-BA83-DB623BSB3369
Commerce Cove
Commercial Listing concerning _�.. Round Rock TX 78664
(i) on the Internet on Broker's website and on other websites as Broker determines;
(ii) in any advertisements whether in print or electronic media; and
(iii) into listing services that may publicize the information on the Internet or by other means;
(2) reproduce, display, and distribute information about the Property, including the information
described under Paragraph 11B(1), for the purposes of marketing the Property;
(3) furnish comparative marketing and sales information about other properties to prospects;
(4) disseminate information about the Property to other brokers and prospects, including applicable
disclosures, notices, or other information that Seller is required to make under law or a contract;
(5) obtain information from any holder of any note secured by a lien on the Property;
(6) accept, in trust, any earnest money, option fee, security deposit, or other money related to the
purchase or lease of the Property and deliver such money for deposit in accordance with a contract
for the sale or lease of the Property;
(7) disclose the sales price and terms of a sale or a lease to other brokers, appraisers, other real
estate professionals, and any listing services into which information about the Property is placed;
(8) place information about this Listing and a transaction for the Property on an electronic platform (an
electronic platform is typically an Internet -based system where professionals related to the
transaction, such as title companies and lenders, may receive, view, and input information); and
(9) advertise that Broker "sold" or "leased" the Property after the closing of a sale or execution of a
lease of the Property in which Broker was involved.
NOTICE. Any submission of information to a listing service must be made in accordance with listing
service's rules.
C. Broker is not authorized to execute any document in the name of or on behalf of Seller concerning the
Property.
D. Photographs, videos, and compilations of information submitted to a listing service are the property of
the listing service for all purposes.
12. REPRESENTATIONS:
A. Except as provided otherwise in this Listing, Seller represents that:
(1) Seller has fee simple title to and peaceable possession of the Property and all its improvements
and fixtures thereon, unless rented, and the legal capacity to convey the Property;
(2) Seller is not bound by a listing agreement with another broker for the sale, exchange, or lease of
the Property that is or will be in effect during this Listing;
(3) no person or entity has any right to purchase, lease, or acquire the Property by an option, right of
refusal, or other agreement;
(4) there are no delinquencies or defaults under any deed of trust, mortgage, or other encumbrance on
the Property;
(5) the Property is not subject to the jurisdiction of any court;
(6) Seller owns sufficient intellectual property rights in any materials which Seller provides to Broker
related to the Property (for example, brochures, photographs, drawings, or articles) to permit
Broker to reproduce and distribute such materials for the purposes of marketing the Property or for
other purposes related to this agreement; and
(7) all information relating to the Property Seller provides to Broker is true and correct to the best of
Seller's knowledge.
B. Seller and Broker must disclose any known material defect in the Property to a prospective buyer.
(Check only one box.)
❑ (1) Seller is not aware of any material defects to the Property except as stated in the attached
Commercial Property Condition Statement (TXR-1408). Seller authorizes Broker to furnish
prospective buyers and other brokers with a copy of the Commercial Property Condition Statement
(TXR-1408).
(TXR-1301) 4-1-14 Initialed for Identification by Seller and Broker/Associate Ell Page 6 of 9
Produced with ztpForn* by zipLogbt 18070 Fifteen We Road, Fraser, Michigan 48026 M6hMLzipLQgbL&M For Sale:
DocuSign Envelope ID: C9E4AE5A-BABO-42A3-BA83-DB623BBB3369
Commerce Cove
Commercial Listing concerning Round Rock TX. 78664
(2) Except as otherwise provided in this Listing, Seller is not aware of:
LIN(a) any subsurface: structures, pits, wastes, springs, or improvements;
(b) any pending or threatened litigation, condemnation, or assessment affecting the Property;
(c) any environmental hazards or conditions that materially affect the Property;
(d) whether the Property is or has ever been used for the storage or disposal of hazardous
materials or toxic waste, a dump site or landfill, or any underground tanks or containers;
(e) whether radon, asbestos containing materials, urea -formaldehyde foam insulation, lead -based
paint, toxic mold (to the extent that it adversely affects the health of ordinary occupants) or
other pollutants or contaminants of any nature now exist or have ever existed on the Property;
(f) any wetlands, as defined by federal or state law or regulation, on the Property;
(g) any threatened or endangered species or their habitat on the Property;
(h) any present or past infestation of wood -destroying insects in the Property's improvements;
(i) any contemplated material changes to the Property or surrounding area that would materially
and detrimentally affect the ordinary use of the Property;
(j) any material physical defects in the improvements on the Property; or
(k) any condition on the Property that violates any law or ordinance.
(List any exceptions to (a)-(k) in Special Provisions or an addendum.)
13. SELLER'S ADDITIONAL PROMISES: Seller agrees to:
A. cooperate with Broker to facilitate the showing and marketing of the Property;
B. not negotiate with any prospective buyer who may contact Seller directly, but refer all prospective
buyers to Broker;
C. not enter into a listing agreement with another Broker for the sale or exchange of the Property to
become effective during this Listing;
D. not enter into a listing agreement for the lease of all or part of the Property with another broker to
become effective during this Listing without Broker's written permission;
E. provide Broker with copies of the following, if any, relating to the Property: a current rent roll, all leases
including any amendments, architectural plans and drawings, renderings, survey, a current operating
statement, environmental inspection reports, engineering reports, and other relevant information that
Broker may request during this Listing;
F. advise Broker of any tenants moving in or out of the Property;
G. complete any disclosures or notices required by law or a contract to sell the Property;
H. amend any applicable notices and disclosures if any material change occurs during this Listing; and
I. at Seller's expense, remove from the Property all:
(1) "For Sale" (or similarly worded) signs other than Broker's signs;
(2) "For Lease" (or similarly worded) signs from the Property unless the Property is listed for lease with
another broker; and
(3) "For Information" (or similarly worded) signs other than Broker's signs.
14. LIMITATION OF LIABILITY:
A. If the Property is or becomes vacant during this Listing, Seller must notify Seller's casualty insurance
company and request a "vacancy clause" to cover the Property. Broker is not responsible for the
security of the Property nor for inspecting the Property on any periodic basis.
B. Broker is not responsible or liable in any manner for personal Iniufy to any person or for loss or
damage to any person's real ior personal pro er y resulting from any act or omission not caused by
Broker, including but not limited to iniuries or losses caused by:
(1) other brokers inspectors appraisers lenders contractors surveyors engineers and other
persons who are authorized to access the Property:
(2) acts of third parties (for example vandalism or theft
(3) freezing or broken water pipes:
(4) a dangerous condition on the Pro ep_rty: and
(5) Zhe Proxy's non-compliance with any Jaw or ordiopnce.
(TXR-1301) 4-1-14 Initialed for Identification by Seller and Broker/Associate Page 7 of 9
Produced with zipFomM by ripLogix 18070 Fifteen Mile Rood, Fraser, Mlchlyon 48026 Ippwy.jlpLoag For Sole:
DoouSign Envelope ID: C9E4AE5A-8ABO-42A3-BA83-DB623BBB3369
Commerce Cove
Commercial Listing concerning Round Rock TX 78664
C. Seller agrees to indemnV and hold Broker and Broker's associates harmless from any damages
costs attorney's fees. and expenses:
(1) that arise from Seller's failure to disclose any material information about the Property:
(2) that are caused by Seller giving incorrect information to Broker, other brokers or prospects•
(3) c Lor misuse of intellectual properW-on any materials or OnfQrmation that
Seller provided to Broker related to the Property or this agreement: or
(4) that are otherwise caused by Seller or Seller's negliaence.
15. SPECIAL PROVISIONS:
16. DEFAULT: If Seller breaches this Listing, Seller is in default and will be liable to Broker for the amount of
Broker's fee specified in Paragraph 5A and any other fees Broker is entitled to receive under this Listing. If
a sales price is not determinable in the event of any exchange or breach of this Listing, the Listing Price
will be the sales price for the purpose of calculating Broker's fee. If Broker breaches this Listing, Broker is
in default and Seller may exercise any remedy at law.
17. MEDIATION: The parties agree to negotiate in good faith in an effort to resolve any dispute that may arise
between the parties. If the dispute cannot be resolved by negotiation, the parties will submit the dispute to
mediation. The parties to the dispute will choose a mutually acceptable mediator and will share the costs of
mediation equally.
18. ATTORNEY'S FEES: If Seller or Broker is a prevailing party in any legal proceeding brought as a result of
a dispute under this Listing or any transaction related to or contemplated by this Listing, such party may
recover from the non -prevailing party all costs of such proceeding and reasonable attorney's fees.
19. ADDENDA: Addenda or information that are part of this Listing are:
® A. Information About Brokerage Services (TXR-2501)
B. Property Description Exhibit identified in Paragraph 2
C. Condominium Addendum to Listing (TXR-1401)
D. Commercial Property Condition Statement (TXR-1408)
E. Information About On -Site Sewer Facility(TXR-1407)
F. Information about Special Flood Hazard Areas (TXR-1414)
X G. Exhibit A
20. AGREEMENT OF THE PARTIES:
A. Entire Agreement: This Listing is the entire agreement of the parties and may not be changed except
by written agreement.
B. Assignability: Neither party may assign this Listing without the written consent of the other party.
C. Bindina Effect : Seller's obligations to pay Broker an earned fee is binding upon Seller and Seller's
heirs, administrators, executors, successors, and permitted assigns.
D. Joint and Several: All Sellers executing this Listing are jointly and severally liable for the performance
of all its terms.
E. Goveming Law: Texas law governs the interpretation, validity, performance, and enforcement of this Listing.
(TXR-1301) 4-1-14 Initialed for Identification by Seller and Broker/Associate Ell� Page 8 of 9
Produced wBh ;dpFom0 by r)pLog* 18070 Him Mile Road, Fraser, M c gan 48M www For Sale:
DocuSign Envelope ID: C9E4AE5A-SAGO-42A3-BA83-DB623BB83369
Commerce Cove
Commercial Listing concerning Round Rock, TX 78664
F. Severability: If a court finds any clause in this Listing invalid or unenforceable, the remainder of this
Listing will not be affected and all other provisions of this Listing will remain valid and enforceable.
G. Partial Sales o : If Seller sells or leases part of the Property before the date this Listing ends,
this Listing will continue for the remaining part of the Property through the term of this Listing.
H. Notices: Notices between the parties must be in writing and are effective when sent to the receiving
party's address, fax, or e-mail specified in Paragraph 1.
21. ADDITIONAL NOTICES:
A. Broker's fees or the sharing of fees between brokers are not fixed, controlled, recommended,
suggested, or maintained by Texas REALTORS®, its local affiliates, or any listing service.
Broker's fees are negotiable.
B. The Property must be shown and made available to all persons without regard to race, color,
religion, national origin, sex, disability, or familial status. Local ordinances and the National
Association of REALTORSO Code of Ethics may provide for additional protected classes
(e.g., creed, status as a student, marital status, sexual orientation, or age).
C. If the Property contains a residential dwelling built before 1978, federal law requires the Seller
to: (1) provide the buyer with the promulgated lead hazard information pamphlet (TXR-2511);
and (2) disclose the presence of any known lead -based paint or lead -based paint hazards.
D. Broker cannot give legal advice. This is a legally binding agreement. READ IT CAREFULLY. If
you do not understand the effect of this Listing, consult your attorney BEFORE signing.
Seller:
{
By: (� O
By (signature): V
Printed Name: Lausu-Well
Title: Ity Manager Date: _(
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By:
By (signature):
Printed Name:
Title:
(TXR-1301) 4-1-14
Date:
Broker:
Broker / Company Name: Dan Quick R Associates, Inc.
Attn: Brent Campbell
License No. 347889
By (signature): ! '
Printed Name: Brent Campbell
Title: Broker License No. 505073
Date: 9/14/2020
Page 9 of 9
Produced with zipForm® by zlpLo& 18070 Fifteen Mile Road, Fraser, Michigan 48028 WWW ApLagib tom For Sales
Docuslgn Envelope ID: C9E4AE5A-8ABO-42A3-BA83-DB523BBB3369
EXHIBIT A
2020060923 PLAT Total Pages- 2
■III ATIL Nlrlil 1 F!f 1%141 11 WON will tl II1
PLAT MAP RECORDING SHEET
DEDICATOR(s):
CITY OF ROUND ROCK
SUBDIVISION NAME: AMENDED LOT 7 BLOCK 7 ROUND ROCK NORTH
INDUSTRIAL BUSINESS PARK SECTION 5 & LOT 1 BLOCK A COMMERCE COVE
PROPERTY IS DESCRIBED AS: 2.892 ACRES DAVID CURRY SURVEY
ABSTRACT NO 130
SUBMITTED BY: CITY OF ROUND ROCK
DIGITALLY RECORDED
FILED PUBLIC NDRECORDED
OF Rp
PLAT Fee: $91,00
06/10/2020 11:22 AM BMCKENZIE
Nancy E, Klstar { County Clerk
Williamson County,
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DocuSign Envelope ID: C9E4AE5A-BABO-42A3-BA83-DB623BBB3369
11/2/2015
12111 Information About Brokerage Services
Texas law requires all real estate licensees to give the following information about
brokerage services to prospective buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS:
• A BROKER Is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.
• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.
A BROKER'S MINIMUM DUTIES REQUIRED BY LAW (A client Is the person or party that the broker represents):
• Put the Interests of the client above all others, including the broker's own interests;
• Inform the client of any material information about the property or transaction received by the broker;
• Answer the client's questions and present any offer to or counter-offer from the client; and
• Treat all parties to a real estate transaction honestly and fairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner,
usually in a written listing to sell or property management agreement. An owner's agent must perform the broker's minimum duties
above and must inform the owner of any material information about the property or transaction known by the agent, including
information disclosed to the agent or subagent by the buyer or buyer's agent.
AS AGENT FOR BUYERITENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a
written representation agreement. A buyer's agent must perform the broker's minimum duties above and must Inform the buyer of any
material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or
seller's agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written
agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or
underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:
• Must treat all parties to the transaction impartially and fairly;
• May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner and
buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each parry to the transaction.
• Must not, unless specifically authorized In writing to do so by the party, disclose:
o that the owner will accept a price less than the written asking price;
o that the buyer/tenant will pay a price greater than the price submitted in a written offer; and
o any confidential information or any other information that a party specifically instructs the broker in writing not to
disclose, unless required to do so by law.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the
buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:
• The broker's duties and responsibilities to you, and your obligations under the representation agreement.
• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.
LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for
you to use the broker's services. Please acknowledge receipt of this notice below and retain a copy for your records.
Don Quick & Associates, Inc.
347889
darrenP-donquick.com
(512)255-3000
Licensed Broker /Broker Firm Name or
License No.
Email
Phone
Primary Assumed Business Name
Darren Quick
443913
darrenftdonguick.com
(512)255-3000)-
Designated Broker of Firm
License No.
Email
Phone
Darren Quick
443913
darren(Wonguick.com
(512)255-30001-
Licensed Supervisor of Sales Agent/
License No.
Email
Phone
Associate
Brent Campbell
505073
brent6illdonquick.com
(512)814-1814
Sales Agent/Associate's Name
License No.
Email
Phone
Buyer/Tenant/Se Iler/Landlord Initials Date
Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov
TXR-2501 IABS 1-0 Date
Don Quick, 1000 Nonb 1111-15 Suite A Round Rock TX 78681 Phone: 517155.3000 Fax: For Sok: 601
Brent Campbell Produced with zipForm® by ziptogix 18070 Fifteen We Road, Fraser, MfeNgm 48026