Cancel Real Estate Contract Within 3 Days In Queens

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

Description

The Termination of Listing Agreement form serves as a crucial legal document for canceling a real estate contract within three days in Queens. This form is designed for use between a real estate broker and a seller, allowing both parties to mutually terminate their existing listing agreement. Key features include a clear acknowledgment of the date of termination, the unconditional waiver of claims by the broker, and the seller's release from further obligations under the agreement. It is important for users to carefully fill out the form, ensuring all dates and names are correctly entered. Specific use cases include situations where a seller wishes to withdraw their property from the market quickly due to personal circumstances or market conditions. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form helpful in streamlining the termination process, protecting their clients' interests, and ensuring compliance with local real estate laws. Clear instructions should be followed to avoid disputes or misunderstandings, particularly regarding financial reimbursements for advertising expenses. The form emphasizes the need for signatures from both parties, confirming their consensual agreement to terminate the listing.