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.
Listing Agreement Contract For Land In Nassau
Category:
State:
Multi-State
County:
Nassau
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
To be enforceable, a land sale contract must satisfy the Statute of Frauds, which generally requires that these contracts be in writing and signed by the parties. Note that this writing is apart from the instrument under which the actual transfer takes place, which is known as the “deed.”
An attorney's office or a title company can prepare closing documents for a land contract sale, but only the parties themselves or an attorney can prepare the actual land contract document and land contract memorandum.
To be enforceable, a land sale contract must satisfy the Statute of Frauds, which generally requires that these contracts be in writing and signed by the parties. Note that this writing is apart from the instrument under which the actual transfer takes place, which is known as the “deed.”
The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality. In some states, elements of consideration can be satisfied by a valid substitute.
The Five Elements of a Contract Offer. Acceptance. Consideration. Capacity. Lawful Purpose.
The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.
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.
