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In realty, a notice to perform is a document that sets up contractual expectations for either the buyer or the seller. If the expectations are not met, then the deal can be canceled. The notice to perform gives one party a chance to remedy the situation before the deal can be canceled by the other party.
The listing agreement also specifies the listing price, broker's duties, seller's duties, broker's compensation, terms for mediation, an automatic termination date, and any additional terms and conditions.
LISTING AGREEMENT Listing of Securities: Listing means admission of securities for dealings on specified stock exchanges. The securities maybe of a public limited company, Central/State Government, quasi governmental and other financial institutions /corporations/municipalities, etc.
An example of a provision that has been held to be an essential term of a real estate contract is the price. If a real estate contract fails to specify the price to be paid for the land, then the contract will not be enforceable, even if it is in writing and signed by the parties.
The listing agreement also specifies the listing price, broker's duties, seller's duties, broker's compensation, terms for mediation, an automatic termination date, and any additional terms and conditions.
The elements that make up a listing agreement. Names, addresses, and contact information for both the owner and the agent. The time period in which the property will be listed for sale. The listing price of the property. The type of listing agreement being entered into.
Compensatory Damages: The sellers could be forced to pay compensatory damages, to compensate you for any out-of-pocket costs associated with the concealed defect. These could include the cost of repair and any diminution in property value resulting from the defect.
A POF is typically issued by a commercial bank or custody agent to provide confidence or assurance to another party ? typically a seller ? that the individual or entity in question has sufficient funds to complete an agreed-upon purchase.