The following changes in red have been made to Paragraph 9:

9. I/We acknowledge that you have explained cooperative compensation to me/us and that I/we understand that buyer brokers owe undivided fiduciary duties to the buyers, not to me/us. All Sellers initial: _______________.

I/We agree that you (check applicable box):
 may advertise that compensation is being offered to buyer brokers;
 may advertise that compensation may be offered to buyer brokers;
 may not advertise that compensation may be offered to buyer brokers.

 I/We understand that the buyers and their broker have independently negotiated a professional service fee to be paid upon closing. In order to facilitate payment under that agreement, I/we authorize you to pay a portion of any professional service fee payable by me/us equal to $_____________ or ______ % of the agreed upon sale price to buyer brokers. In no event shall the amount of compensation paid by you cause the amount received by the buyer broker to exceed the amount set forth in any agreement between buyer and buyer broker.
 I/We do not authorize you to pay a portion of any professional service fee payable by me/us to buyer brokers. This does not preclude me/us from negotiating and paying a professional service fee to buyer brokers directly or providing a concession to the buyer(s).

The following changes in red have been made to Paragraph 9:

9. I/We acknowledge that you have explained cooperative compensation to me/us and that I/we understand that buyer brokers owe undivided fiduciary duties to the buyers, not to me/us. All Sellers initial: _______________.

I/We agree that you (check applicable box):
 may advertise that compensation is being offered to buyer brokers;
 may advertise that compensation may be offered to buyer brokers;
 may not advertise that compensation may be offered to buyer brokers.

 I/We understand that the buyers and their broker have independently negotiated a professional service fee to be paid upon closing. In order to facilitate payment under that agreement, I/we authorize you to pay a portion of any professional service fee payable by me/us equal to $_____________ or ______ % of the agreed upon sale price to buyer brokers. In no event shall the amount of compensation paid by you cause the amount received by the buyer broker to exceed the amount set forth in any agreement between buyer and buyer broker.
 I/We do not authorize you to pay a portion of any professional service fee payable by me/us to buyer brokers. This does not preclude me/us from negotiating and paying a professional service fee to buyer brokers directly or providing a concession to the buyer(s).

The following changes in red have been made:

10. I/We acknowledge that you have explained cooperative compensation to me/us and that I/we understand that tenant brokers owe undivided fiduciary duties to the tenants, not to me/us. All Owners initial: _______________.

I/We agree that you (check applicable box):
 may advertise that compensation is being offered to buyer brokers;
 may advertise that compensation may be offered to buyer brokers;
 may not advertise that compensation may be offered to buyer brokers.

 I/We understand that tenants and their broker have independently negotiated a professional service fee. In order to facilitate payment under that agreement, I/we authorize you to pay a portion of any professional service fee payable by me/us equal to $_____________ or ______ % of the agreed upon total rent to tenant brokers. In no event shall the amount of compensation paid by you cause the amount received by the buyer/tenant broker to exceed the amount set forth in any agreement between buyer/tenant and buyer/tenant broker.
 I/We do not authorize you to pay a portion of any professional service fee payable by me/us to tenant brokers. This does not preclude me/us from negotiating and paying a professional service fee to tenant brokers directly or providing a concession to the tenant(s).

19. You acknowledge that in the event I/we obtain and provide you with credit reports, background checks or other information with respect to prospective tenants from third parties that I/we are not responsible for any inaccuracies, errors or omissions in any such third party report.

The following changes in red have been made:

10. I/We acknowledge that you have explained cooperative compensation to me/us and that I/we understand that tenant brokers owe undivided fiduciary duties to the tenants, not to me/us. All Owners initial: _______________.

I/We agree that you (check applicable box):
 may advertise that compensation is being offered to buyer brokers;
 may advertise that compensation may be offered to buyer brokers;
 may not advertise that compensation may be offered to buyer brokers.

 I/We understand that tenants and their broker have independently negotiated a professional service fee. In order to facilitate payment under that agreement, I/we authorize you to pay a portion of any professional service fee payable by me/us equal to $_____________ or ______ % of the agreed upon total rent to tenant brokers. In no event shall the amount of compensation paid by you cause the amount received by the buyer/tenant broker to exceed the amount set forth in any agreement between buyer/tenant and buyer/tenant broker.
 I/We do not authorize you to pay a portion of any professional service fee payable by me/us to tenant brokers. This does not preclude me/us from negotiating and paying a professional service fee to tenant brokers directly or providing a concession to the tenant(s).

19. You acknowledge that in the event I/we obtain and provide you with credit reports, background checks or other information with respect to prospective tenants from third parties that I/we are not responsible for any inaccuracies, errors or omissions in any such third party report.

Paragraph 11 has been revised to remove the line for a flat dollar amount and include a longer line to spell out compensation terms.

11. Your professional service fee is $_____________ or ______% of the total rent to be paid over the term of the lease or ____________________________________________________________ .

This form has been revised to make it a Rider and added the bold legal compensation notice along with the statement regarding broker’s lien rights.

NOTICE: THE AMOUNT OR RATE OF REAL ESTATE BROKER COMPENSATION IS NOT FIXED BY LAW. IT IS SET BY EACH BROKER INDIVIDUALLY AND MAY BE NEGOTIABLE BETWEEN YOU AND THE BROKER.
There is no customary or industry standard real estate broker fee or compensation.

THE REAL ESTATE BROKER MAY BE ENTITLED TO CERTAIN LIEN RIGHTS PURSUANT TO SECTION 20-325a OF THE CONNECTICUT GENERAL STATUTES.