Broker Commercial Property Without In Cook

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

Description

The Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate is an exclusive contract that engages a designated Agent to market and sell a specified property. Key features include the assignment of an exclusive right to sell, the ability to sell the property as a whole or in parts, and provisions for setting a minimum selling price. Users must fill in essential details such as the property description, terms of payment, and the duration of the agreement. This form instructs the Seller to notify the Agent about continuations or terminations of the agreement, ensuring clear communication. The agreement stipulates the Agent's responsibilities, including property inspection, advertising, and providing updates to the Seller. Additionally, it outlines the commission structure for the Agent once a sale is facilitated, offering a non-interest bearing deposit handling process. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in real estate transactions, as it provides a structured framework for agreements between sellers and agents.