Broker Commercial Property Real Formula In Utah

• 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 is an essential document in Utah for facilitating the sale of commercial properties. This exclusive agreement appoints a designated realtor as the sole agent for the property, empowering them to list and negotiate sales on behalf of the seller. Key features include terms of sale, commission structures, and the duration of the agreement, which can be specified for a set period or continue on a month-to-month basis. The form requires the seller to provide specific details about the property and the listing price, helping to establish clarity and transparency in the sale process. Notably, the agent is responsible for promoting the property and coordinating with potential buyers. The agreement also outlines the conditions under which the agent can earn a commission and includes terms for handling deposits. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it helps them navigate the complexities of commercial property transactions while ensuring compliance with legal expectations in Utah.