Listing Agreement Document With Stock Exchange In Ohio

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

Description

The Listing Agreement Document with Stock Exchange in Ohio is a legally binding contract that facilitates the sale of a property. It allows the designated realtor to showcase the property to potential buyers and outlines the seller's agreement to pay a professional fee, either a flat amount or a percentage of the sale price upon closing. The document clarifies the type of agency relationship established, including options like single agent representation and transactional agency. Attorneys, partners, and owners can utilize this form to ensure compliance with Ohio's real estate laws and to formalize their agreements. Paralegals and legal assistants benefit from understanding its provisions for effective document preparation and client guidance. This form is particularly useful in situations where a property needs to be marketed efficiently, and the seller desires clarity in their contractual obligations. Filling and editing instructions include clearly entering all relevant details such as property description, fees, and names. Users are advised to seek legal counsel if they encounter any uncertainties during the process.

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FAQ

Every valid contract in California needs to have four essential elements. (1) The parties must be capable of contracting, (2) the parties must consent to the contract, (3) the contract must have a lawful object (they cannot be for illegal services), and (4) the contract must be supported by consideration.

Less commonly, the term listing agreement also refers to a contract made between a security issuer (e.g., a public company) and the financial exchange that hosts the issue. Examples of exchanges include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), and the London Stock Exchange (LSE).

Similarly, real estate agents may use electronic listing agreement forms to create an enforceable agency relationship with a client, as though it were a printed document manually signed by the client.

Less commonly, the term listing agreement also refers to a contract made between a security issuer (e.g., a public company) and the financial exchange that hosts the issue. Examples of exchanges include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), and the London Stock Exchange (LSE).

An offer; Mutual acceptance of the terms of the contract; A meeting of the minds on accepted terms; and. Mutual intent that the contract is legally binding.

The truth is, while notarization can add a layer of authenticity and protection, it isn't always required for a contract to be legally binding. Notarization involves a certified notary public witnessing the signing of a document, ensuring the signers' identities, and confirming their willingness to enter the agreement.

A listing agreement authorizes the broker to represent the seller and their property to third parties. The listing agreement is an employment contract rather than a real estate contract: The broker is hired to represent the seller, but no property is transferred between the two.

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 Document With Stock Exchange In Ohio