Listing Agreement Form For Condominium In Bronx

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

Description

The Listing Agreement Form for Condominium in Bronx serves as a vital legal document that formalizes the agreement between sellers and real estate agents regarding the sale of condominium properties. This form outlines the commitment of the seller to allow the designated real estate agent to show the property to potential buyers, ensuring transparency in the transaction process. Key features include the identification of seller and buyer parties, the property address, and the financial terms regarding the commission the seller agrees to pay the agent upon successful sale. Filling and editing instructions emphasize the need for accurate completion, with specific attention to names, dates, and commission percentages. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, providing a clear structure for property sales while ensuring all parties understand their roles and responsibilities. It promotes smooth negotiations and helps prevent legal disputes by establishing clear agreements and obligations. Users are advised to consult legal professionals if any part of the agreement is unclear to ensure compliance with local laws and regulations.

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.

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.

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

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

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

Exclusive right to sell listing agreement An exclusive right to sell listing is the most widely-used listing agreement. Under this agreement, the broker has the exclusive right to market the property for a specified period of time.

Final answer: The component that is not required in most listing agreements is the naming of an escrow company. Most listing agreements typically include identification of the property, compensation details and signatures, although the escrow company is usually determined later in the selling process.

A listing agreement is a written document signed by all owners of real estate or their authorized attorney in fact authorizing a broker to offer or advertise real estate described in such document for sale or lease on specified terms for a defined period of time and is only valid if signed by all owners or their ...

If there are any potential buyers that are “protected” such that if they purchased the property, the seller would not owe a commission to the current listing broker, these buyers are named exceptions.

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Listing Agreement Form For Condominium In Bronx