Brokers Commercial Estate With Real In Middlesex

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

Description

The Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate is a legal document that establishes an exclusive arrangement between a seller and a real estate agent for the sale of commercial property in Middlesex. Key features include the designation of the property, the minimum selling price, and the terms of payment. The contract outlines the duration of the agreement, which can extend beyond the initial term if not terminated by notice. It also details the agent's responsibilities, such as advertising the property and conducting negotiations. A commission structure is defined, which outlines payment to the agent upon successful sale. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in commercial real estate transactions, ensuring clarity in terms of agency representation and compensation. It simplifies the process of establishing a legally binding agreement for the sale of property and protects the interests of all parties involved. Proper filling and editing of the form are critical for its validity, requiring careful attention to details like property description and commission percentages.