Cancellation List For Nct In King

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

Description

The Cancellation List for NCT in King serves as a formal document for terminating a Listing Agreement between a real estate broker and a seller. This agreement outlines the parties involved, the original date of the Listing Agreement, and the termination date. It includes sections where the broker waives any claims against the seller resulting from the termination, except for reimbursement of any incurred expenses, such as advertising costs. It also releases the broker from any further obligations under the agreement. Importantly, the document preserves the broker’s rights to claim any commission earned prior to termination. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in real estate transactions, as it ensures a clear and mutual understanding of the termination process. The document provides straightforward instructions for filling out necessary details, making it accessible for users with varying levels of legal experience. It fosters effective communication between the broker and seller, ensuring that all parties are informed of their rights and obligations, which is essential for maintaining professional relationships.