Listing Agreement Document With Stock Exchange In Utah

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

Description

The Listing Agreement Document with Stock Exchange in Utah is a legally binding contract facilitating the sale of property through a designated real estate agent. This form allows sellers to authorize an agent to show their property to potential buyers, outlining the responsibilities and compensation terms for the agent. Key features include the specification of a professional fee, either as a fixed amount or a percentage of the sale price, which is payable at closing. The document also clarifies the agency relationship, which can vary between representing the buyer, the seller, a transactional agent, or a non-representing agent. For users such as attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a crucial tool in facilitating real estate transactions effectively while ensuring compliance with legal standards. It is important for users to fill out the document accurately by entering the property address, legal description, names of the seller(s), and the agent's name. Users should seek legal advice if the terms are unclear, highlighting the importance of understanding this agreement thoroughly to prevent disputes. Overall, this agreement is instrumental in streamlining the property sales process in Utah's stock exchange market.

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FAQ

The contract must be in writing and there must be an offer and an acceptance of said offer. In order for a real estate contract to be enforceable by law, it is required to be in writing. 2. The contract must have mutual assent and legal purpose.

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).

Exclusive right to sell listing agreement An exclusive right to sell listing is the most widely-used listing agreement. Under this agreement, the broker has the exclusive right to market the property for a specified period of time.

A listing agreement is a written document signed by all owners of real estate or their authorized attorney in fact authorizing a broker to offer or advertise real estate described in such document for sale or lease on specified terms for a defined period of time and is only valid if signed by all owners or their ...

Explanation: To satisfy the terms of a listing agreement, it should be in written form ing to The Statute of Frauds. The Statute of Frauds is a legal doctrine that requires certain kinds of contracts, including ones related to real estate sales, to be in writing to be enforceable.

A listing agreement is “a legally binding contract that creates an agency relationship authorizing a broker to serve as the agent for a principal in a real estate transaction.” In other words, a listing agreement is an employment contract between a client and a broker that spells out what the broker is responsible for ...

A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property.

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 Utah