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Terms in this set (27) What Happens if the terms of the listing agreement have been fulfilled? When an offer is accepted and a contract closes, the listing has been terminated by completion of the contract.
(1) Every issuer or the issuing company desirous of listing its securities on a recognised stock exchange shall execute a listing agreement with such stock exchange.
"I can make sure you get the best price possible on that house." What does a real estate licensee serving as a representative in an intermediary transaction offer to a client that was NOT offered under dual brokerage? advice and opinions.
Generally, a listing agreement will include a time frame it is in effect. If the property is not sold within this time frame, it will cause a termination of the agency. If there is no time limit in the listing agreement, it may be terminated after a reasonable period.
This section states that the agreement is binding on the seller and the seller's successors and assigns.
What statement must be included in all listing agreements? broker listing agreement should include a property description, state the relevant terms of sale, describe the scope of their authority, and state the compensation for their services.
The holdover period section of the When Earned clause says that a listing broker may be entitled to a commission after the expiration of a listing contract for the period of time specified in the clause if: 1) the broker negotiated with the buyer during the listing period and 2) the broker submitted the name of this
A listing agreement is an employment contract between a property owner and a real estate broker. It allows the broker to act as a listing agent and find a buyer for the property on the seller's terms. Basically, a listing agreement grants your real estate agent permission to find a buyer for your home.
What happens to a listing agreement if the principal dies? The answer is the agreement terminates.
An exclusive right to sell listing guarantees the listing agent a commission as long as the property sells during the term of the listing agreement.