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.
Listing Realtor Real Estate For Sale By Owner In Mecklenburg
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State:
Multi-State
County:
Mecklenburg
Control #:
US-00439BG
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Word;
Rich Text
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FAQ
North Carolina is one of a few states that requires a licensed real estate attorney to process real estate transactions, including closings. As mentioned, their physical presence at the actual closing isn't mandatory.
Professional real estate agents — including Realtors, or agents who are also members of the National Association of Realtors — can sell their own residence the same way they would any other property.
Unlike some states that allow title companies to facilitate home sales, residential property sales in North Carolina must be processed by a residential real estate attorney. In addition to the buyer, seller, and their attorneys, real estate agents and either an escrow or settlement agent may be involved in the closing.
Yes. North Carolina is one of many states that requires a real estate attorney to manage a real estate closing. Their main role is to make sure all the documentation is in order before the deal is finalized, but it's smart to hire one earlier in the process.
A: Generally, the buyer pays the attorney fees at closing in North Carolina. In many cases, the closing attorney may represent both the buyer and the seller during the transaction.