Listing Agreement Cancel Clause With Realtor In Utah

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

Description

The Listing Agreement Cancel Clause with realtor in Utah is a formal document that facilitates the termination of a listing agreement between a real estate broker and the seller. This clause outlines the mutual decision to terminate the agreement as of a specific date, ensuring clarity for both parties. Key features include the waiver of claims by the broker against the seller and the unconditional release of the broker from further obligations, except for the reimbursement of specified expenses incurred during the agreement. Additionally, any commissions earned prior to termination remain protected. Filling out this form requires providing pertinent information such as names, addresses, and the effective date of termination. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, who may be involved in real estate transactions or disputes and require a clear, legally binding document to manage the cessation of broker services. Proper use of this form can help avoid future disputes and facilitate a smooth transition in real estate dealings.