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 Form For Debt Securities In Pennsylvania
Category:
State:
Multi-State
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
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FAQ
Pennsylvania sellers of homes and individual inium units must, by law but with some exceptions, advise potential buyers of the property about "known material defects" that are not readily observable, including structural problems, hazardous substances, and more, before the sale is completed.
Filing a claim under the PA Real Estate Disclosure Law §§7501, up to two years from the date of closing. A claim may be provable through information gained from neighbors, utility bills, former Disclosure Statements, failed sales inspection reports, home warranty claims, and/or insurance claims.
A seller must disclose to a buyer all known material defects about property being sold that are not readily observable. This disclosure statement is designed to assist the seller in complying with disclosure requirements and to assist the buyer in evaluating the property being considered.
Specifically, it requires them to disclose the property's known “material defects with the property known to the seller” in 17 key areas. Most realtors utilize the Seller's Property Disclosure Statement, which was approved of by the Pennsylvania Association of Realtors (PAR).
Pennsylvania Due Diligence Requirements Pennsylvania now requires holders to send due diligence notifications for any property with a value of $50 or more.
It is now one of many laws that control securities offerings in the United States.
The Securities Exchange Act of 1934 (SEA) was created to govern securities transactions on the secondary market, after issue. Its goal was to ensure greater financial transparency and accuracy and less fraud or manipulation.
The Securities Act serves the dual purpose of ensuring that issuers selling securities to the public disclose material information, and that any securities transactions are not based on fraudulent information or practices.
PENNSYLVANIA SECURITIES ACT OF 1972. Relating to securities; prohibiting fraudulent practices in relation thereto; requiring the registration of broker-dealers, agents, investment advisers, and securities; and making uniform the law with reference thereto.
The Securities Act of 1933 (as amended, the “Securities Act”) was passed to ensure that investors have financial and other important information about securities that are being sold publicly. It also bans the use of fraud, deceit, and misrepresentation in the sales of securities.
