Broker Property Real Formula In Clark

• Category: Real Estate - Brokers
• State: Multi-State
• County: Clark
• Control #: US-00439BG
• Format: Word; Rich Text

Description

The Broker Property Real Formula in Clark outlines the Listing Agreement between a seller and an agent for the sale of commercial property. This exclusive agreement grants the agent the sole right to sell the specified property under clearly defined terms. The form includes details such as the selling price, payment terms, and the duration of the agreement, which can last for a defined period or continue on a month-to-month basis thereafter. Notably, it stipulates the agent's responsibilities, including advertising the property and managing negotiations, while also providing for a commission structure based on the gross selling price. Importantly, agents can accept deposits from buyers, and procedures are in place if a sale does not go through. This form aids attorneys, partners, property owners, associates, paralegals, and legal assistants by clearly delineating their rights, obligations, and the process of property sales in a transparent manner. It is critical for users to fill in specific details regarding the property and transaction terms to ensure the document's integrity and legality.