Addendum

TXR 2102 — Commercial Lease Addendum for Broker's Fee

Addendum to the TXR Commercial Lease that sets the brokers' compensation: (A) leasing fees earned when the lease is executed — who pays each broker and whether the fee is a percentage of base rents and expense reimbursements paid half at execution / half at commencement, the same percentage on a written payment schedule, or another arrangement; (B) renewal and expansion fees when the lease is renewed, extended or expanded (including a new lease in any property the landlord owns, controls or manages); (C) additional fees if the tenant purchases the leased premises or Property, earned at agreement and payable at closing; (D) the Texas county where fees are payable; (E) attorney's fees; (F) special provisions; and the execution blocks for Landlord, Tenant, Principal Broker and Cooperating Broker with the Chapter 62 broker's-lien notice.

Source: TXR
Form Number: 2102
Category: Addendum
Revised: July 8, 2022

Used For

COMMERCIAL_LEASING

Form Outline

The TXR 2102 form is organized into the following sections:

  1. Leased Premises
    "ADDENDUM TO THE COMMERCIAL LEASE BETWEEN THE UNDERSIGNED LANDLORD AND TENANT CONCERNING THE LEASED PREMISES AT ___." Repeats in the "Addendum for Broker's Fee concerning ___" header on pages 2 and 3.
  2. A. Leasing Fees
    All leasing fees are earned when the above referenced lease is executed. (1) ___ will pay Principal Broker a leasing fee calculated and payable as follows: ❑ (a) ___% of all base monthly rents for the term and the same percentage of the expense reimbursements, half at execution and the remainder at commencement; ❑ (b) ___% of the same, payable as follows: ___; ❑ (c) ___. (2) the same choices for the Cooperating Broker.
  3. B. Renewal and Expansion Fees
    If Landlord and Tenant subsequently renew, extend, or expand the lease, including a new lease for more, less, or different space in the Property or in any other property owned, controlled, or managed by Landlord, the brokers will be paid these fees, earned and payable when the extension, renewal, expansion, or new lease is executed or commences, whichever is earlier. (1) ___ will pay Principal Broker a fee of: ❑ (a) ___% of base rents (and expense reimbursements) for the term of the renewal, extension, or new lease; ❑ (b) ___% of base rents for the term of the expansion; or ❑ (c) ___. (2) the same for the Cooperating Broker.
  4. C. Fees in the Event of a Sale
    If, while the lease is in effect or Tenant occupies the leased premises (including any extension, renewal, or expansion), Tenant agrees to purchase the leased premises or Property by oral or written agreement or option, the brokers are paid the additional fees below — earned when Landlord and Tenant enter into the agreement, payable when the sale or purchase closes. (1) ___ will pay Principal Broker an additional fee of: ❑ (a) ___% of the sales price for the purchase; ❑ (b) ___. (2) the same for the Cooperating Broker.
  5. D. County
    "All fees under this addendum are payable in ___ County, Texas."
  6. E. Attorney's Fees
    Printed only — no blanks. If Landlord, Tenant, or any broker is a prevailing party in any legal proceeding brought as a result of a dispute under this addendum or any related transaction, that party recovers from the non-prevailing parties all costs of the proceeding, prejudgment interest, and reasonable attorney's fees.
  7. F. Special Provisions
    Any additional fee terms or modifications. The form leaves unruled white space under the heading on page 2; the text is drawn there.
  8. Landlord and Tenant (execution page)
    Page 3: "NOTICE: Under Chapter 62, Texas Property Code, Broker is entitled to claim a lien against the Property to secure payment of an earned commission." Then "Landlord: ___" and "Tenant: ___" (two lines each), each followed by two signer blocks — "By: ___" (the person or entity signing for the party), "By (signature): ___" (signed electronically), "Printed Name: ___" and "Title: ___". No "Date" line on this form.
  9. Principal Broker
    The landlord's broker: "Broker / Company Name: ___" (two lines), the firm's "License No. ___", then "By (signature): ___" (signed electronically), "Printed Name: ___", "Title: ___" and the signer's "License No. ___".
  10. Cooperating Broker
    The tenant's broker: "Broker / Company Name: ___" (two lines), the firm's "License No. ___", then "By (signature): ___" (signed electronically), "Printed Name: ___", "Title: ___" and the signer's "License No. ___". Leave blank when there is no cooperating broker.

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