Listing Agreement Contract For Unimproved Property In Alameda

State:
Multi-State
County:
Alameda
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

The Listing Agreement Contract for Unimproved Property in Alameda is a legally binding document that outlines the terms between a seller and their chosen agent regarding the sale of unimproved property. The form includes essential sections such as the legal description of the property, details of the seller(s) and buyer(s), and the agent’s professional fee, specified as a fixed amount or a percentage of the sales price. The agreement establishes the agency relationship, informing both parties of the agent's role—whether representing the buyer, the seller, acting as a transactional agent, or serving as a non-representing agent. This document is crucial for ensuring transparency and mutual understanding between parties involved in real estate transactions. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to facilitate property transactions smoothly and record agreements accurately. Filling out the form should be done carefully, ensuring all names and details are typed or printed clearly. Users should be aware that legal advice is recommended if there is uncertainty regarding the terms of the contract.

Form popularity

FAQ

An exclusive right-to-sell listing is the most commonly used real estate contract. With this type of listing agreement, one broker is authorized as the seller's sole agent and has exclusive authorization to represent the property.

The most predominant listing agreement in California is the Exclusive Right to Sell Agreement.

To avoid such predatory practices, California enacted Civil Code 1670.12 and Government Code 27280.6, which took effect January 1, 2024, prohibiting an exclusive listing agreement to last longer than 24 months or to renew such a listing for longer than 12 months.

There are four common types of listings: open listings, exclusive right-to-sell listings, exclusive agency listings, and net listings.

Unimproved Property Contract (Form ID: 9-16): This contract form is for property that does not have physical buildings, additions or fixtures on the land. It is generally used for property that has been platted (has a recorded Lot/Block legal description).

A listing agreement is a contract between a property owner and a real estate broker that authorizes the broker to represent the seller and find a buyer for the property. The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

Unimproved Property Contract (Form ID: 9-16): This contract form is for property that does not have physical buildings, additions or fixtures on the land. It is generally used for property that has been platted (has a recorded Lot/Block legal description). It is not for use for condominium transactions.

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Listing Agreement Contract For Unimproved Property In Alameda