Broker Commercial Property With Ahmedabad In Michigan

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

Description

The Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate in Michigan serves as a formal document that establishes an exclusive relationship between a seller and a real estate agent for the sale of a property, specifically in the context of commercial real estate in Ahmedabad, Michigan. Key features include the designation of the property, the sales price and payment terms, and the duration of the agreement, which can extend on a month-to-month basis if not terminated by either party. This form outlines the agent's responsibilities including advertising the property, securing necessary information, and keeping the seller informed throughout the sales process. It also clarifies the commission structure, commission percentages, and stipulations regarding deposits. The form is beneficial for various users, such as attorneys who may need to ensure legal compliance, partners and owners who seek to manage their real estate transactions efficiently, and associates or paralegals who assist with documentation. Legal assistants will find it useful to support clients in understanding their rights and obligations under the contract. This document also aids in fostering professionalism and transparency in transactions by setting clear expectations for all parties involved.