Cancellation Of Listing Form For Real Estate In Wake

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

Description

The Cancellation of Listing Form for Real Estate in Wake is a vital document designed for terminating an existing listing agreement between a real estate broker and a seller. This form documents the mutual agreement to end the listing contract, specifying critical details such as the date of termination and any remaining financial obligations. Key features of the form include a clause that waives claims between the broker and seller, allowing for a smooth separation without further obligations, apart from the reimbursement for marketing expenses incurred. Filling out this form is straightforward: both parties must provide their names, addresses, and the specific dates related to the listing agreement and its termination. The intended audience for this form includes attorneys, partners, owners, associates, paralegals, and legal assistants who may need to facilitate the cancellation process. For attorneys and paralegals, the form serves as a risk management tool, preventing potential disputes over past commissions. Owners and associates use it to ensure they can exit a listing agreement without further commitments. Overall, this form streamlines the cancellation process, offering clarity and confidence for all users involved in real estate transactions.