Get the free 834 Coop. Broker Form v1 Released 7292011.doc

Bidder No. (to be assigned by King) J. P. KING AUCTION COMPANY, INC. COOPERATING BROKER AUCTION INCENTIVE PROGRAM REGISTRATION FORM Waterside Condominium Lakeside, MT August 13, 2011, at 11:00 AM

How to fill out 834 coop broker form

How to fill out the 834 coop broker form:

1. Gather all necessary information: Before starting to fill out the form, make sure you have all the required information at hand. This may include the names and contact details of the brokers involved, the address of the property, and any relevant brokerage agreements or contracts.
2. Begin with the basic details: Start by entering the basic details on the form, such as the name of the cooperative building, the unit number, the listing price, and the available services and amenities.
3. Provide broker information: Next, fill in the necessary details about the brokers. This may include their names, contact information, and any pertinent licensing or membership numbers.
4. Specify the commission agreement: Indicate the commission agreement between the listing broker and the selling broker. This could be a percentage of the sale price, a flat fee, or any other arrangement agreed upon.
5. Disclose any additional compensation: If there are any other forms of compensation or benefits offered to the brokers, make sure to disclose them accurately on the form.
6. Sign and date the form: Once you have completed all the required sections of the 834 coop broker form, sign and date it to certify its accuracy and completeness.

Who needs the 834 coop broker form:

1. Cooperative buildings: The 834 coop broker form is typically required by cooperative buildings or their management companies when a property listed with a broker is being sold. It helps ensure proper communication and compensation between the listing and selling brokers.
2. Listing brokers: In most cases, the listing broker is responsible for completing the 834 coop broker form. They are the primary point of contact for the cooperative building and work closely with the selling broker throughout the sales process.
3. Selling brokers: Selling brokers, who bring potential buyers to cooperative properties, may also be involved in filling out the 834 coop broker form. They provide necessary information about their brokerage and agree to the specified commission arrangement with the listing broker.

Overall, the 834 coop broker form serves as an important tool for coordinating the sale of cooperative properties and facilitating fair compensation for the brokers involved.

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What is 834 coop broker form?

834 coop broker form is a form used for reporting payments made to brokers for services performed in connection with a real estate transaction involving a cooperative housing corporation.

Who is required to file 834 coop broker form?

Anyone who makes payments to brokers for services in connection with a real estate transaction involving a cooperative housing corporation is required to file 834 coop broker form.

How to fill out 834 coop broker form?

834 coop broker form should be filled out with accurate information regarding the payments made to brokers, the cooperative housing corporation, and other required details as per the form instructions.

What is the purpose of 834 coop broker form?

The purpose of 834 coop broker form is to report the payments made to brokers for services in connection with a real estate transaction involving a cooperative housing corporation to the IRS.

What information must be reported on 834 coop broker form?

Information such as the name and address of the broker, the amount of payment made, the cooperative housing corporation's information, and other relevant details must be reported on 834 coop broker form.