Listing Agreement Contract For Unimproved Property In Cook

• Category: Real Estate - Listing Agreements
• State: Multi-State
• County: Cook
• Control #: US-00056DR
• Format: Word; Rich Text

Description

The Listing Agreement Contract for Unimproved Property in Cook is a legally binding document that allows sellers to authorize a realtor to show their unimproved property to potential buyers. This contract outlines the agent's compensation, stipulating a professional fee based on a fixed amount or a percentage of the sales price, payable at closing. The form highlights the agency relationship between the realtor and the parties, either acting as a single agent or as a transaction agent, ensuring clarity in representation. Users must fill in specific details, including the property address and legal description, as well as the names of the seller(s) and the agent. It emphasizes the importance of understanding the contract terms and encourages individuals to seek legal advice if necessary. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who engage in real estate transactions, as it provides a structured format to facilitate property sales. By using this agreement, real estate professionals and property owners can ensure a clear understanding of their roles and obligations, streamlining the process of selling unimproved land.