Cancellation Listing Agreement Form For Real Estate In Phoenix

State:
Multi-State
City:
Phoenix
Control #:
US-00048DR
Format:
Word; 
Rich Text
Instant download

Description

The Cancellation Listing Agreement form for real estate in Phoenix is a legal document enabling sellers and brokers to formally terminate a previously established listing agreement. This document outlines the mutual agreement between the broker and the seller to end their relationship regarding the sale of the property, providing a clear date for termination. Key features include the waiver of claims by the broker against the seller and the release of the broker from future obligations under the original listing agreement. Users must fill in specific details such as names, addresses, and relevant dates, ensuring all parties understand the implications of the termination. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who may need to quickly address the end of a real estate listing. It allows for the documentation of any expenses incurred by the broker prior to termination, thereby protecting both parties' interests. Proper execution of this form can prevent future disputes. Thus, it's essential for all users to review the terms carefully before signing.

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FAQ

You should use the Listing Cancellation Form when you wish to terminate an existing listing agreement with your real estate agent.

Name of attendee Their detailsDear Sir/Madam, I am writing on behalf of company name to inform you of the unfortunate cancellation of the name of event that was set to take place on date of the event. We sincerely apologise for this cancellation and hope to reorganise the event again in the near future.

Listing agreements are usually cancelled only with the mutual consent of the involved parties. Depending on the terms of the agreement, a Broker may be not required to cancel the listing at the owner's request. The listing agreement may obligate the consumer monetarily after cancellation.

Written Notice: Always provide cancellation in writing. This document should state your intention to cancel the contract, the reason for cancellation, and be signed and dated. This creates a formal record of your intent and the date it was communicated, an essential step in how to cancel a real estate contract.

If you've officially decided to move forward with the cancellation, it's time to put it in writing and send it to the other party. When writing this letter, make sure to include the date the contract was drafted, the address of the home, the date of cancellation, and your reasons.

If you're set on canceling, send a formal request in writing, either via email or certified letter. Be sure to include your property address, the date, and a clear statement that you're terminating the agreement. If you want to work with a different agent in the future, be clear about the termination timeframe.

To cancel a contract, take the following steps: Make sure you send the cancellation notice within the time allowed. Always cancel in writing. You can use the cancellation form or send a letter. Keep a copy of your cancellation notice or letter. Send your cancellation notice by certified mail, return receipt.

What information should be included? The names and contact information of both parties involved in the contract. The date when the contract was signed and its original duration. The reason for terminating the contract, if necessary. The specific date when the contract will end.

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Cancellation Listing Agreement Form For Real Estate In Phoenix