This form grants to a realtor or broker the sole and exclusive right to list and show the property on one ocassionsell the commercial property described in the agreement. 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.
Broker Commercial Real Estate With A Foreclosure In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00439BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
The sale is an auction, which is open to the public. At the sale, the lender usually makes a credit bid. The lender can bid up to the total amount owed, including fees and costs, or it may bid less. If the lender is the highest bidder, the property becomes "Real Estate Owned" (REO).
Know Before You Bid To bid on real property at a foreclosure auction, you must: Create an online auction account; Deposit guaranteed funds into your online auction account to use as a non-refundable deposit. For information on type of accepted guaranteed funds, consult our Property Auction FAQs.
Average Duration of Foreclosure Process The duration of the foreclosure process in Florida can vary depending on several factors. On average, it takes approximately 180 days for a foreclosure to be completed in the state.
As a rule-of-thumb, the property is offered to the highest bidder by a clerk of the court, a sheriff, or a trustee. The auction is by "open outcry" so that everyone knows what bids are being made. Usually there is a minimal incremental bid which can be $100 to $1,000 or more.
To start a foreclosure in Florida, the foreclosing bank files a lawsuit and serves it to you. After the 120-day preforeclosure period expires, assuming a loss mitigation application isn't pending, the servicer can initiate a foreclosure under state law. (12 C.F.R. § 1024.41 (2025).)
Court-Ordered Eviction Florida Foreclosure PhaseDuration Notice of Default 90 Days Summons and Complaint 1 – 2 Months Right to Redeem Varies Foreclosure Judgment 2 – 6 Months3 more rows •
If, during this time, the borrower files bankruptcy, that can also extend the process. Once a summary judgement has been entered, however, a foreclosure sale date will typically be scheduled within 30-60 days. This sale date is when the public auction of the property occurs.
At least, not exclusively residential. While Keller Williams is by far the world's biggest real estate company thanks to a diverse portfolio of residential, commercial, and industrial properties, many of the biggest real estate companies specialize in real estate that isn't residential.
Top 100 global real estate-owning companies sortCompanyTotal assets ($bn) 1 Evergrande Real Estate 273.8 2 Brookfield Asset Management 256.3 3 Country Garden Holdings 237.4 4 China Vanke 222.696 more rows •
Yes, In the State of Florida, there is a singular license for real estate agents with no distinction between commercial and residential.