Listing Agreement For Condominium In Ohio

State:
Multi-State
Control #:
US-00440BG
Format:
Word
Instant download

Description

The Listing Agreement for Condominium in Ohio is a legally binding document that assigns an exclusive right to a broker or realtor to sell or exchange a condominium property. Key features include defining the term of the agreement, stating the listed sales price, and outlining the commission percentages that the owner agrees to pay the broker upon the sale. This form also includes provisions for title examination and rights regarding offers that do not meet the listed terms. Filling instructions emphasize ensuring accuracy in property descriptions and financial terms, while editing highlights the importance of legal authority in property ownership. Specific use cases for this document involve attorneys assisting clients in real estate transactions, partners negotiating contracts, and paralegals preparing documents for closings. Owners benefit from clarity in their rights and responsibilities, while legal assistants and associates can leverage this agreement in facilitating property sales and ensuring compliance with Ohio real estate laws.
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  • Preview Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate

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FAQ

Known under a variety of names, a common element of these product listing agreements (PLAs) is the negotiation of confidential prices that are typically achieved through rebates that may or may not be tied to drug expenditures, utilization patterns or health outcomes.

4 Common Types of Listing Agreements in Real Estate Open listing agreement. An open listing is a non-exclusive contract. Exclusive right to sell listing agreement. An exclusive right to sell listing is the most widely-used listing agreement. Exclusive agency listing agreement. Net listing agreement.

A listing agreement is a contract between a property owner and a real estate broker that authorizes the broker to represent the seller and find a buyer for the property. The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

Ohio law requires the agent to present a buyer representation agreement before showing properties or performing services. Seller Agency – The agent represents the seller and focuses on marketing the property, attracting qualified buyers and securing favorable terms for the seller.

Open listing: Definition An open listing enables multiple real estate agents to try to sell your home. This setup gives the seller the ability to work with multiple agents at once. This differs from an exclusive listing, in which the seller works exclusively with one listing agent to find a buyer.

An open listing enables multiple real estate agents to try to sell your home. This setup gives the seller the ability to work with multiple agents at once. This differs from an exclusive listing, in which the seller works exclusively with one listing agent to find a buyer.

Exclusive Right to Sell Listing As the most commonly used listing agreement, the Exclusive Right to Sell Listing's name pretty much says it all. With an Exclusive Right to Sell Listing Agreement, the real estate agent or broker has total control over the transaction.

4 Common Types of Listing Agreements in Real Estate Open listing agreement. An open listing is a non-exclusive contract. Exclusive right to sell listing agreement. An exclusive right to sell listing is the most widely-used listing agreement. Exclusive agency listing agreement. Net listing agreement.

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Listing Agreement For Condominium In Ohio