Listing Agreement Form For Unimproved Property In Collin

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

Description

This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.


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FAQ

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.

Characteristics of Unimproved Land Unimproved land is characterized by its lack of developed infrastructure. This means no utilities, such as water, electricity, or sewage systems, and no built structures, like roads or buildings.

As public records, contract forms adopted by the Texas Real Estate Commission are available to any person. Real estate license holders are required to use these forms. However, TREC contract forms are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.

It is smart to buy unimproved raw land when you're looking to develop a property that is not only unique, it is also a blank slate for you to develop as you see fit. In many cases raw land may be isolated so if you desire privacy, this is a great idea.

Unimproved land, also known as raw land or vacant land, is a term used to describe land parcels that have not been developed with any structures, utilities, roads, or other features. It is essentially a blank canvas, offering the potential for various uses and development opportunities.

Unimproved land is often seen as a valuable investment by real estate investors. Land is a finite resource that can be held onto and sold for the amount of appreciation occurred on the property's value. Like all other investments, land sales are subject to taxation.

Yes, you can write your own contract. However, including all necessary elements is crucial to make it legally binding.

An agreement is a promise or arrangement between two or more parties to do, or not do, something. It's usually informal and sometimes unwritten (but not always). Some examples of agreements include a letter of intent, or a confidentiality agreement that precedes a commercial discussion.

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.

More info

This contract form is for property that does not have physical buildings, additions or fixtures on the land. The TREC unimproved property contract is one of the most important contract forms in Texas.But do you know when to use it? If you only know the physical address, first look up the details of the property on the Collin Central Appraisal District website. 2.TREC does not promulgate which forms and agreements? How can we help you? This Commercial Land listing has .

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Listing Agreement Form For Unimproved Property In Collin