Listing Agreement Contract With Nike In Massachusetts

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

Description

The One Time Listing and Showing Agreement is a legally binding contract designed for real estate transactions in Massachusetts involving Nike as a buyer or seller. This form outlines the agreement between the seller and the agent, stating that the seller allows the agent to show their property to potential buyers. Key features include the declaration of the agent's role, which can be a single agent or a transactional agent, and the terms regarding the professional fee, either as a fixed dollar amount or a percentage of the sales price payable at closing. Users must fill in details such as the property address, legal description, and names of the seller and agent. The form emphasizes the importance of understanding legal obligations, recommending legal counsel for those unfamiliar with contract terms. This form is particularly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate sales, ensuring proper representation and compliance in Massachusetts's property transactions.

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FAQ

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.

The BROKER is granted the exclusive right to sell the PROPERTY, as the SELLER'S agent, during the term of the Agreement and the SELLER agrees to refer all inquiries to the BROKER, to cooperate in marketing the PROPERTY, including completing lead paint (if property built before 1978) and other forms.

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.

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.

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.

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.

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.

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Listing Agreement Contract With Nike In Massachusetts