Agent For Commercial Property In Franklin

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

Description

The Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate (Exclusive Listing) is a key document for property owners in Franklin seeking to sell their commercial real estate. This form establishes an exclusive relationship between the seller and the agent, granting the agent the sole authority to sell the specified property. Key features include the ability to set a minimum sale price, terms of payment, and the duration of the agreement. The form outlines the responsibilities of the agent in marketing the property, conducting negotiations, and providing updates to the seller. It also specifies commission rates and conditions for payment upon successful sale or inquiry during the agreement period and up to 180 days after termination. For attorneys, partners, and owners, this form is essential for establishing clear relationships and expectations, while paralegals and legal assistants benefit from understanding the procedural and legal implications of such agreements. Completing and editing this form requires careful attention to detail, particularly in filling out property descriptions, payment terms, and agreement duration. Overall, this document serves as a vital tool for managing real estate transactions effectively in Franklin.