Listing Agreement Document For Unimproved Property In Bronx

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

Description

The Listing Agreement Document for Unimproved Property in Bronx is a vital legal contract designed for facilitating the sale of unimproved real estate. This document outlines the seller's consent to permit a designated realtor or brokerage to showcase their property to prospective buyers. Key features of this form include the terms of the professional fee, which can be specified as a flat dollar amount or a percentage of the sales price, payable at the closing of the sale. Parties involved, specifically the seller and the agent, must acknowledge their respective roles through clear definitions of agency relationships. It is important for users to fill out the correct names, addresses, and legal descriptions accurately to ensure a valid agreement. This form is particularly useful for attorneys, partners, and real estate professionals who need to formalize the sale process while protecting their clients' interests. Paralegals and legal assistants may assist in preparing and processing this agreement, ensuring compliance with local regulations. Overall, this document simplifies communication between buyers and sellers, making it easier to navigate real estate transactions.

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FAQ

The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

“Listing agreement” means a written contract between a seller of real property or a business opportunity and a real estate broker by which the broker has been authorized to sell the real property or find or obtain a buyer, including rendering other services for which a real estate license is required to the seller ...

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.

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

The answer is the age of the seller. Information needed for the listing agreement includes lot size, possibility of seller financing, and the property taxes. The age of the seller is not needed.

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Listing Agreement Document For Unimproved Property In Bronx