Listing Agreement For Unimproved Property
Description
How to fill out Listing Agreement Granting A Broker Or Realtor The Exclusive Right To Sell Commercial Property Or Real Estate?
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FAQ
Unimproved Property Contract (Form ID: 9-15) 09/01/2021. Description: This contract form is for property that does not have physical buildings, additions or fixtures on the land. It is generally used for property that has been platted (has a recorded Lot/Block legal description).
Texas REALTORS® offers several listing agreements, the most common being the Residential Real Estate Listing Agreement, Exclusive Right to Sell (TXR 1101).
By definition unimproved or raw land does not have added improvements. If you are planning to build, you'll need to budget for a septic system or sewer hookup and utility connections. Plus, you'll owe annual property taxes even if the land isn't improved. When considering a purchase of any land, do your homework.
A contract for deed in Texas is a contract between a seller and a purchaser whereby the owner of property or land retains the title or deed until the purchaser finishes making the installments of the agreed-upon purchase price.
