Broker Property Real With A Lighter In San Jose

• Category: Real Estate - Brokers
• State: Multi-State
• City: San Jose
• 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 legal document utilized by sellers in San Jose who wish to engage a broker or realtor for the sale of their property. This form establishes the broker as the exclusive agent, granting them the sole right to sell the described property under specified terms. Key features include the option for the property to be sold as one or in multiple sales, the establishment of a minimum sale price, and a defined duration for the agreement. Additionally, it outlines the broker's responsibilities, such as advertising the property and keeping the seller informed on sales progress. Specific instructions include the need for the seller to communicate any desire to terminate the agreement 30 days prior to the end of the term. The agreement also covers commission structures based on the property's gross selling price. The form is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants, as it streamlines the process of listing properties and ensures both parties understand their rights and obligations, ultimately aiding in effective property transactions.