Cancellation Of Listing Form For Rental Property In Miami-Dade

State:
Multi-State
County:
Miami-Dade
Control #:
US-00048DR
Format:
Word; 
Rich Text
Instant download

Description

The Cancellation of Listing Form for Rental Property in Miami-Dade is a legal document designed to formally terminate a listing agreement between a real estate broker and a property owner. This form outlines the mutual agreement to cancel the previous listing, specifying details such as the date of termination and any financial obligations regarding past marketing expenses. Key features include a clear waiver of claims by the broker against the seller and a release of the broker from further obligations. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require a structured process to terminate real estate agreements. Users are guided to provide accurate names, addresses, and dates, ensuring compliance with local legal standards. Furthermore, the document emphasizes the importance of retaining rights for commissions earned prior to cancellation. Easy to fill out, this form supports a seamless transition for both parties involved in the rental property market.

Form popularity

FAQ

Short-term Transient Rental Taxes The 6 percent tax is made up of the following taxes: 3 percent Convention Development Tax collected throughout Miami-Dade County, with the exception of the cities of Surfside and Bal Harbour.

Federal Short-Term Capital Gains Tax Rates by Tax Bracket Tax RateFor Single FilersFor Heads of Households 10% $0 to $11,600 $0 to $16,550 12% Over $11,600 to $47,150 Over $16,550 to $63,100 22% Over $47,150 to $100,525 Over $63,100 to $100,500 24% Over $100,525 to $191,950 Over $100,500 to $191,9503 more rows

Broward County: Charges a 6% Tourist Development Tax. Miami-Dade County: Includes multiple taxes such as a 2% Tourist Development Room Tax, a 1% Professional Sports Franchise Facility Tax, and a 3% Convention Development Tax, with certain exemptions based on the reservation's location within the county.

The Widow/Widower's Exemption provides a $5,000 reduction in property assessment to every widow or widower who is a bona fide resident of this state. Form DR-501, (section 196.202, F.S.).

During the review period, which is in place to protect the people on both sides of a transaction, sellers can legally back out. The seller has a contingency in the contract. Like buyers, sellers can build in contingencies, too.

The Widow/Widower's Exemption provides a $5,000 reduction in property assessment to every widow or widower who is a bona fide resident of this state. Form DR-501, (section 196.202, F.S.).

Taking Action Ask for a release: The time to ask about canceling a listing is when you sign the listing contract. Request a release in writing: Tell your agent immediately if you want to cancel. Ask to be assigned another agent: Realize that your listing is between the brokerage and you, not you and your agent.

Taking Action Ask for a release: The time to ask about canceling a listing is when you sign the listing contract. Request a release in writing: Tell your agent immediately if you want to cancel. Ask to be assigned another agent: Realize that your listing is between the brokerage and you, not you and your agent.

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Cancellation Of Listing Form For Rental Property In Miami-Dade