Terminate Contract With Bt In Sacramento

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

Description

The document titled 'Termination of Listing Agreement' serves as a formal means to conclude a previously established agreement between a real estate broker and a seller in Sacramento. This form is essential for both parties, ensuring that the listed property is officially removed from the market and that all obligations related to the listing agreement are settled. Key features include a clear statement of the termination date, mutual release of any claims, and acknowledgment of past commissions earned prior to termination. Filling out the form requires the parties to input their names, addresses, and the relevant dates. It is vital for the broker to waive any further claims against the seller, except for reimbursement of certain expenses. Specific use cases for this form are particularly relevant to attorneys, partners, owners, associates, paralegals, and legal assistants in the real estate sector. These professionals benefit from using this form to ensure legal compliance and mitigate potential disputes resulting from the premature termination of a listing agreement. Moreover, it provides a straightforward method for documenting the conclusion of a contractual relationship while preserving the rights of both parties.