Washington State Form 17 Withdrawal In Oakland

• Category: Real Estate - Listing Agreements
• State: Multi-State
• County: Oakland
• Control #: US-00056DR
• Format: Word; Rich Text

Description

The Washington State Form 17 Withdrawal in Oakland is a crucial document utilized primarily in real estate transactions. This form facilitates the agreement between sellers and real estate agents regarding the showing of properties to prospective buyers. Notably, it includes essential details such as the property address and the legal description, ensuring clarity about the property involved. This form mandates the seller to compensate the agent a predetermined professional fee or percentage of the sales price upon closing of the transaction, providing transparency in financial agreements. It also outlines the agency relationships, helping all parties understand the representation involved—whether it's a single agent for the buyer or seller, a transactional agent, or a non-representing agent. For attorneys, paralegals, and legal assistants, the form serves as a foundational tool in facilitating real estate closings, making it essential for managing client expectations and ensuring compliance with legal norms. Additionally, associates and partners benefit from using this documentation to streamline their business operations, protect their interests, and maintain a professional standard in property dealings. Completing the form requires attention to detail, particularly in accurately filling out seller and agent information, underscoring the need for diligence in legal contracts.