Employment Contract
Create a legally compliant Ohio commercial real estate broker employment contract. Addresses RE.C. § 1335.05, commission schedules, and Ohio-specific non-competes.
Fill the form
Customized fields for your role
Preview live
See your document update in real time
Download PDF
Free watermarked or $9 clean copy
In the high-stakes world of Ohio commercial real estate, verbal agreements or generic templates do not suffice. To avoid common industry liabilities like commission disputes and misinterpretation of... Read more
Customize your Employment Contract
18 fields · Takes about 2 minutes
Accept terms in the form to enable downloads
Customize your Employment Contract
18 fields · Takes about 2 minutes
Legal Document
This Employment Contract ("Agreement") is entered into and made effective as of [start_date] (the "Effective Date"), by and between [employer_name] ("Employer") and [employee_name] ("Employee"), collectively referred to herein as the "Parties" and individually as a "Party."
WHEREAS, Employer desires to employ Employee in the capacity of [job_title], and Employee desires to accept such employment, subject to the terms and conditions set forth herein;
WHEREAS, the Parties wish to establish the terms of Employee's employment, including compensation, duties, and obligations, to ensure a clear mutual understanding;
NOW, THEREFORE, in consideration of the mutual covenants, promises, and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
Employer hereby employs Employee in the position of [job_title]. Employee shall perform all duties and responsibilities customarily associated with such position, as well as any additional duties reasonably assigned by Employer from time to time. Employee shall devote their full professional time, attention, and best efforts to the performance of their duties and shall act in the best interests of Employer at all times. Employee shall comply with all policies, procedures, rules, and regulations established by Employer, as may be amended from time to time at Employer's sole discretion.
In consideration of the services rendered by Employee under this Agreement, Employer shall pay Employee a gross annual salary of [salary] (the "Base Salary"), payable on a [pay_frequency] basis in accordance with Employer's standard payroll practices, less all applicable withholdings, deductions, and taxes as required by law. Employer reserves the right to review and adjust Employee's compensation at its discretion, and any such adjustment shall not constitute a new agreement or modification of this Agreement unless set forth in a written amendment signed by both Parties.
Employee may be eligible to participate in any employee benefit plans, programs, and arrangements that Employer makes available to its employees generally, subject to the terms and eligibility requirements of such plans. Such benefits may include, but are not limited to, health insurance, dental and vision coverage, retirement plans, paid time off, and other fringe benefits. Employer reserves the right to modify, amend, or terminate any benefit plan or program at any time, in its sole discretion, with or without notice, subject to applicable law. Nothing in this Agreement shall be construed as a guarantee of any particular benefit.
Employee's primary work location and schedule shall be as set forth in this section, subject to modification by Employer as business needs require.
Employee's employment under this Agreement shall commence on [start_date] (the "Start Date").
This Agreement and Employee's employment may be terminated under the following circumstances:
Employee acknowledges that during the course of employment, Employee will have access to and may acquire knowledge of confidential and proprietary information belonging to Employer, including but not limited to trade secrets, business plans, financial information, customer lists, marketing strategies, product designs, software, technical data, and other information not generally known to the public (collectively, "Confidential Information"). Employee agrees to hold all Confidential Information in strict confidence and not to disclose, publish, or otherwise reveal any Confidential Information to any third party during or after employment, except as required in the performance of Employee's duties or as authorized in writing by Employer. Employee agrees not to use any Confidential Information for Employee's own benefit or for the benefit of any third party. This obligation of confidentiality shall survive the termination of this Agreement and Employee's employment for any reason.
During the term of Employee's employment and for a period of twelve (12) months following the termination of employment for any reason, Employee shall not, directly or indirectly: (a) solicit, recruit, or attempt to induce any employee, contractor, or consultant of Employer to leave Employer's employment or engagement; or (b) solicit, divert, or attempt to divert any customer, client, or business relationship of Employer for the purpose of providing products or services that are competitive with those offered by Employer. Employee acknowledges that this non-solicitation covenant is reasonable in scope and duration and is necessary to protect Employer's legitimate business interests.
Upon termination of employment for any reason, or at any time upon Employer's request, Employee shall immediately return to Employer all property belonging to Employer, including but not limited to keys, access cards, identification badges, laptops, mobile devices, documents, files, records, manuals, software, data (in any form or medium), and any other materials or equipment provided to Employee or created by Employee during the course of employment. Employee shall not retain any copies, duplicates, reproductions, or excerpts of any Employer property or Confidential Information.
This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of [state_law], without regard to its conflict of laws principles. Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or validity thereof, shall be resolved exclusively in the state or federal courts located in the State of [state_law], and each Party hereby consents to the personal jurisdiction of such courts.
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written. No amendment or modification of this Agreement shall be valid or binding unless set forth in writing and signed by both Parties. If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The failure of either Party to enforce any provision of this Agreement shall not constitute a waiver of that Party's right to enforce that provision or any other provision in the future. This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. The headings in this Agreement are for convenience only and shall not affect the interpretation of any provision.
[ti allowance responsibility]
IN WITNESS WHEREOF, the Parties have executed this Employment Contract as of the date first written above, intending to be legally bound hereby.
Employer
Name: Employer
Date: ___________________
Employee
Name: Employee
Date: ___________________
In the high-stakes world of Ohio commercial real estate, verbal agreements or generic templates do not suffice. To avoid common industry liabilities like commission disputes and misinterpretation of LOI non-binding clauses, you need a document that respects Ohio Rev. Code Ann. § 1335.05 (Statute of Frauds) and provides clear definitions for Triple Net (NNN) leases and CAM charges. This contract ensures that brokers and firms are protected under Ohio-specific laws, including the business judgment rule for corporate governance and O.R.C. § 4112.02 for anti-discrimination, while establishing precise triggers for payment to mitigate risks surrounding tenant improvement allowances and lease liabilities.
Beyond the standard employment contract sections, this template adds fields specific to Commercial Real Estate Broker:
An employment contract establishes a formal employment relationship between an employer and an employee, outlining the terms and conditions of employment, rights, obligations, and responsibilities of both parties. It provides legal protection and clarity, ensuring compliance with employment laws and minimizing the risk of misunderstandings and disputes.
Misrepresentation claims
Detailed disclaimers in contracts stating that all representations are believed to be accurate but should be independently verified by clients.
Commission disputes
Clear agency agreements and commission schedules included in contracts outlining the fees and when they are earned.
Lease liability issues
Including precise language in leases regarding responsibilities for maintenance, repairs, and liabilities to avoid disputes.
For this employment contract to be legally valid:
Common mistakes to avoid:
Real Estate Settlement Procedures Act (RESPA)
Governs real estate transactions including commercial ones, ensuring transparency in settlement services.
Enforced by Consumer Financial Protection Bureau (CFPB)
Truth in Lending Act (TILA)
Regulates the disclosure of credit terms to protect against unfair billing and credit card practices, applicable when financing is involved in commercial real estate.
Enforced by Consumer Financial Protection Bureau (CFPB)
Uniform Commercial Code (UCC)
While not a federal regulation, UCC is widely adopted state-level legislation that governs commercial transactions including real estate deals.
Enforced by Various state governments
Recommended coverage: Errors & Omissions Insurance · General Liability Insurance · Professional Liability Insurance
Under Ohio Rev. Code Ann. § 1335.15, any employment agreement intended to last more than one year must be in writing. Furthermore, § 1335.05 requires real estate-related commissions and performance obligations to be documented in writing to be legally enforceable in Ohio courts.
Ohio is an at-will employment state, but commercial brokerage contracts often use 'at-will' as a baseline while adding specific notice periods for termination. This document balances Ohio's baseline at-will status with necessary protections for ongoing deals, ensuring commissions earned on active LOIs or signed leases are accounted for post-termination.
To prevent disputes, the contract must explicitly state whether commissions are calculated on the base rent or the total lease value including CAM (Common Area Maintenance) and Triple Net charges. We recommend clear schedules that define payment triggers at the 'time of execution' versus 'time of occupancy' per Ohio commercial standards.
State laws affect what must be in this document. Pick your jurisdiction.
Employment Contract
Create a compliant Ohio employment contract for home stagers. Protect your inventory and business with Ohio-specific at-will and liability clauses.
Employment Contract
Create a MA-compliant electrician employment contract. Includes NEC code compliance, Chapter 149 wage theft protections, and 2018 non-compete reform clauses.
Employment Contract
Create a customized employment contract for cybersecurity consultant in Texas. Includes at-will employment, non-compete per Tex. Bus. & Com. Code § 15.50, FISMA, HIPAA, &
Employment Contract
Create a Georgia-compliant Drone Pilot employment contract. Covers FAA Part 107, GA Restrictive Covenants Act, LiDAR/gimbal payloads, and crash liability.
Bill of Sale
Professional Bill of Sale for WA commercial real estate. Compliant with RCW 19.36.010 and UCC, protecting brokers from commission and liability disputes.
Non-Disclosure Agreement
Secure your listings and commissions with a NJ-compliant NDA. Protect CAM charges, cap rates, and TI allowances under the NJ Consumer Fraud Act and CEPA.
Non-Disclosure Agreement
Secure your Florida commercial real estate deals. Protect triple net lease data and CAM charges with a FL-compliant NDA featuring Chapter 542 & FDUTPA safeguards.
Employment Contract
Secure your brokerage operations with Florida-compliant employment contracts. Address Fla. Stat. § 542.335, commission trigger points, and CAM charge disputes.