Cancel Ebay Listing Without Bids In Michigan

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

Description

The form titled Termination of Listing Agreement serves as a formal document for canceling an existing listing agreement between a real estate broker and a seller in Michigan. It allows both parties to mutually agree on the termination of the agreement as of a specified date, ensuring that all obligations are clearly outlined. Key features include the unconditional waiver of claims by the broker against the seller, as well as the release of the broker from conducting further services under the agreement. It also addresses financial considerations, allowing the broker to claim reimbursement for expenses incurred prior to termination. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants who manage real estate transactions and need to ensure clear and enforceable terms in the cancellation process. Filling out the form requires accurate entry of the date of termination, names, and addresses of both parties, along with any expense amounts due. It is essential for users to retain a copy for their records, especially for any potential claims regarding previously earned commissions.