Cancellation Form Fillable With Calculations In Franklin

• Category: Real Estate - Contracts - Agents
• State: Multi-State
• County: Franklin
• Control #: US-00048DR
• Format: Word; Rich Text

Description

The Cancellation Form Fillable with Calculations in Franklin serves as a legal instrument for terminating a Listing Agreement between a real estate broker and a seller. This form outlines key components such as the agreement date, the names and addresses of both parties, and a mutual agreement to terminate the listing as of a specified date. It emphasizes that the broker waives any claims against the seller after termination, except for reimbursement of documented expenses incurred, which can be calculated directly within the form. Additionally, it allows for the protection of previously earned commissions, establishing clear terms of liability and ensuring that all parties understand their rights. This form is especially useful for attorneys, partners, and owners involved in real estate transactions, as well as associates, paralegals, and legal assistants who may be assisting in the documentation process. The fillable feature streamlines the completion process, making it accessible for individuals with varying levels of legal experience, thereby increasing efficiency and reducing errors. Users are encouraged to complete the form accurately, taking advantage of the calculation fields to ensure proper financial reimbursements.