Broker Property Real With A Lighter In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-00439BG
Format:
Word;
Rich Text
Instant download
Description
The Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate (Exclusive Listing) is a critical document used by sellers in the Bronx to engage a broker for the exclusive sale of their property. It allows the appointed agent to represent the seller in negotiations and establish the terms of sale, including the minimum selling price and payment terms. The agreement is valid for a specified duration and automatically renews on a month-to-month basis unless terminated with adequate notice. Key features include the agent's marketing responsibilities, commission structure, and the authority to place 'For Sale' signs on the property. This form is particularly useful for attorneys, real estate partners, property owners, associates, paralegals, and legal assistants as it provides a structured process for selling commercial properties and ensures all parties are informed and compliant with local practices. Clear instructions are provided for completing the document, making it accessible for those unfamiliar with legal jargon. Overall, this agreement facilitates smooth property transactions and helps both sellers and agents understand their roles and responsibility in the sales process.
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NBC New York's Rana Novini reports. Mandatory broker fees, an unusual feature of New York City apartment hunting reviled by renters, is now banned under the FARE Act passed by the City Council last month.
To check if your real estate agent is licensed or to report a complaint, visit .dos.ny or call (518) 474-4429.
