Listing Agreement Document For Unimproved Property In San Antonio

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

Description

The Listing Agreement Document for Unimproved Property in San Antonio is a legally binding contract designed for use when a seller permits a realtor to show their unimproved property to potential buyers. This agreement outlines the responsibilities of the seller and the realtor, specifying the professional fee that the seller agrees to pay if the buyer purchases the property. Key features include the legal description of the property, the names of the seller(s) and buyer(s), and the option to designate the type of agency relationship, such as single agent or transactional agent. Users should ensure they complete all fields accurately, including the agreed-upon fee as a percentage of the sales price or a flat amount, payable at closing. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, facilitating clarity in the seller-agent relationship. It serves to protect the interests of all parties by establishing clear terms and conditions for the property sale process. Users should seek legal advice if they have questions regarding the agreement to ensure compliance with local laws.

Form popularity

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.

Under the TREC Unimproved Property Contract, why should an adequate termination option be purchased? The answer is to provide a sufficient amount of time to make absolutely certain that the property is suitable.

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.

The unimproved property Texas sales contract is designed to be used for transactions that are related to the sale of land that has not yet been developed. This would be residential or commercial land that does not have a structure built on it yet. This would not include condominium properties.

As public records, contract forms adopted by the Texas Real Estate Commission are available to any person. Real estate license holders are required to use these forms. However, TREC contract forms are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.

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).

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Listing Agreement Document For Unimproved Property In San Antonio