Finder Fee contract

Hi Sarah,

You should use a bird dog contract. You can find one on deans site and there is another site called www.ilrg.com check them out, there are a lot of forms you can copy and paste to a word document that will work for what you need.

Hope this helps.

Thanks,
Shah

BIRD DOG AGREEMENT

INDEPENDENT CONTRACTOR AGREEMENT/NON-EMPLOYEE COMPENSATION

This AGREEMENT is made on _______ of _________, 2012.

The parties to this AGREEMENT are _____________________, hereinafter referred to as the "INVESTOR" whose principal place of business is located at ___________________________ and _____________________, hereinafter referred to as the "INDEPENDENT CONTRACTOR".

The "INVESTOR" hereby contracts for services by the "INDEPENDENT CONTRACTOR".

The "INDEPENDENT CONTRACTOR" is in the business of: Finding houses for investors.

The "INDEPENDENT CONTRACTOR" shall be compensated as follows: _______________ per transaction.

The "INDEPENDENT CONTRACTOR" will be responsible for his/her own expenses.

The "INDEPENDENT CONTRACTOR" will not, at any time or with the aid or assistance of others, misrepresent the "INVESTOR" in any transaction.

This AGREEMENT will terminate immediately on the occurrence of any of the following events:

1. The written termination of contract of either party to the other

2. The closing of either party’s business

3. Non-performance of the terms of this agreement

If this Agreement is terminated, the "INDEPENDENT CONTRACTOR" is entitled to the agreed upon purchase fees for transactions prior to the date of termination as stated in this Agreement. The "INDEPENDENT CONTRACTOR" will not be entitled to any further fees as of the date of termination.

All parties to this Agreement agree to be bound by the decision of an arbitrator, chosen by both parties, should any claim, conflict or controversy arise out of or relating to this Agreement.

The "INDEPENDENT CONTRACTOR" is a business contracted to perform the marketing for sellers and buyers of investment properties and is not an employee of the "INVESTOR". The "INDEPENDENT CONTRACTOR" specifically waives coverage for Workman’s Compensation, including State Industrial Insurance System (SIIS) Benefits. The "INVESTOR" shall not be responsible for the withholding of any taxes, including but not limited to Income Tax, Social Security, F.I.C.A., State and Federal Employment Security Taxes, and the "INDEPENDENT CONTACTOR" shall be responsible for the payment of all taxes.

It is understood by all parties upon entering into this Agreement that the Property Finder/INDEPENDENT CONTRACTOR is acting on behalf of his/her own interest, as a principle in all transactions. The "INDEPENDENT CONTRACTOR" transacts his/her business as a property finder and in no way, directly or indirectly, represents seller for fee, commission, compensation, or other valuable consideration in any way.

This AGREEMENT shall be governed by and construed (understood) in accordance with the laws of the State of _____________.

Executed at the County of ________________, State of _________.

On the day and year written above.

Signature_____________________ Signature__________________
INVESTOR INDEPENDENT

Under the signature lines, the first one has Investor under it and the second one has Independent under it. It will not print correctly on here. Also, you will probably want to center the first two lines. This moves everything over to left margin.

Karen