Listing Agreement Document Format In Palm Beach

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

Description

The Listing Agreement Document Format in Palm Beach serves as a legally binding contract between sellers and their agents for the purpose of showing and selling residential property. This one-time listing and showing agreement includes essential components such as the legal description of the property, details about the seller(s), and the agreement for agents to show the property to potential buyers. Notably, it stipulates the professional fees that the seller agrees to pay the agent upon the successful sale of the property. The form outlines the agency relationships involved, specifying whether the agent is representing the buyer, the seller, or acting as a transactional agent. Key filling and editing instructions indicate that users should clearly type or print their names and provide required signatures. For attorneys, partners, and legal assistants, this agreement simplifies the process of property transactions, ensuring clarity in the roles and responsibilities of each party involved. Paralegals and legal assistants will find it essential for facilitating smooth communications between sellers and real estate professionals. Overall, this form is valuable for anyone engaged in real estate transactions within Palm Beach, ensuring compliance with local regulations while protecting the interests of both sellers and agents.

Form popularity

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.

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.

The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

A listing agreement is between the parties that own a property and the agents or brokers who will find a buyer for it. Typically, a real estate listing agreement involves the property owner and a real estate agent. The property owner, or seller, grants the agent the right to market and sell the property.

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Listing Agreement Document Format In Palm Beach