Listing Agreement Contract For Unimproved Property In Pima

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

Description

The Listing Agreement Contract for Unimproved Property in Pima is a legally binding document that outlines the terms of property showing arrangements between a seller and a realtor. This form allows the seller to grant permission to the named realtor, referred to as the Agent of Brokerage, to show their unimproved property to potential buyers. The agreement specifies the seller's commitment to pay a professional fee to the agent, which can be a set amount or a percentage of the sales price at closing. It is essential for the seller and buyer to acknowledge the type of agency relationship constituted by this document, such as single agent representation or transactional agency. This listing agreement serves as a critical tool for attorneys, partners, owners, associates, paralegals, and legal assistants involved in property transactions, ensuring all parties understand their roles and obligations. Filling out the form requires careful attention to detail, as it must include accurate property descriptions and signed consent from all involved parties. Overall, this form facilitates a smooth and legally compliant transaction process in the real estate market.

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FAQ

Unimproved Property Contract (Form ID: 9-16): This contract form is for property that does not have physical buildings, additions or fixtures on the land. It is generally used for property that has been platted (has a recorded Lot/Block legal description). It is not for use for condominium transactions.

Unimproved property means property upon which no residential, commercial, or other building has been built.

Unimproved Property Contract (Form ID: 9-16): This contract form is for property that does not have physical buildings, additions or fixtures on the land. It is generally used for property that has been platted (has a recorded Lot/Block legal description).

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.

The answer is the age of the seller. Information needed for the listing agreement includes lot size, possibility of seller financing, and the property taxes. The age of the seller is not needed.

Final answer: The component that is not required in most listing agreements is the naming of an escrow company. Most listing agreements typically include identification of the property, compensation details and signatures, although the escrow company is usually determined later in the selling process.

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Listing Agreement Contract For Unimproved Property In Pima