Listing Agreement Contract With Nike In California

State:
Multi-State
Control #:
US-00056DR
Format:
Word; 
Rich Text
76 downloads

Description

The Listing Agreement Contract with Nike in California is a legally binding document used to facilitate the sale of real estate properties. This agreement outlines the terms under which a seller permits a designated real estate agent to represent them in showing their property to potential buyers. Key features of the form include the identification of the property being sold, the seller and buyer details, and the agent's fee, which can be a fixed amount or a percentage of the sales price payable at closing. It is essential for users to understand the agency relationship, which can be either single agent representing the buyer, single agent representing the seller, transactional agent, or non-representing agent. Filling out the form necessitates accurate detailing of the legal description of the property, names of all parties involved, and the agreed-upon terms of payment. In terms of specific use cases, this form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in real estate transactions. It provides a clear framework for legal obligations, ensuring compliance with California state laws while minimizing risks for all involved parties. Users are advised to seek legal counsel if they do not fully understand the terms of the agreement, emphasizing the importance of comprehensibility and clarity in legal documents.

Get your form ready online

Our built-in tools help you complete, sign, share, and store your documents in one place.

Built-in online Word editor

Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.

Export easily

Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.

E-sign your document

Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.

Notarize online 24/7

If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

Store your document securely

We protect your documents and personal data by following strict security and privacy standards.

Form selector

Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.

Form selector

Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.

Form selector

Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.

Form selector

If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

Form selector

We protect your documents and personal data by following strict security and privacy standards.

Looking for another form?

This field is required
Ohio
Select state

Form popularity

FAQ

"Exclusive right to sell listing agreement" means a listing agreement whereby the owner grants to a seller's agent, for a specified period of time, the exclusive right to sell, find, or obtain a buyer for the real property, and the seller's agent is entitled to the agreed compensation if, during that period of time, ...

If you back out without cause, the buyer can bring legal action for breach of contract. That means you could be facing a lawsuit where the buyer seeks compensation. Depending on the buyer, the lawsuit may seek financial compensation or even specific performance, forcing you to sell your home.

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.

A listing agreement is a binding contract, but there are a number of ways to get out of one. Whether you change your mind about selling, have ethical or performance concerns about the agent, or you just don't find a buyer, you can get out of a listing agreement.

In some cases, you may be able to unilaterally cancel the listing agreement, but this is typically more challenging and may involve legal consequences. To do so, you must demonstrate that there was a legitimate reason for the cancellation, such as the agent's misconduct or a significant change in your circumstances.

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.

A listing agreement is an example of an agency relationship that is created by express agency. In this context, express agency arises when the principal explicitly states their intention to create an agency relationship with the agent through a written or verbal agreement.

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.

A listing agreement is between the parties that own a property and the agents or brokers who will find a buyer for it. Typically, a real estate listing agreement involves the property owner and a real estate agent. The property owner, or seller, grants the agent the right to market and sell the property.

Trusted and secure by over 3 million people of the world’s leading companies

Listing Agreement Contract With Nike In California