This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Kentucky One Time Listing and Showing Agreement is a legal contract utilized in the real estate industry in the state of Kentucky. It outlines the terms and conditions agreed upon between a seller and a real estate agent for the purpose of listing and showing a property for a specified period. This agreement serves as a comprehensive document that establishes the responsibilities and obligations of both parties involved. It ensures transparency and clarity throughout the transaction process, safeguarding the interests of the seller and the agent. The Kentucky One Time Listing and Showing Agreement includes pertinent details such as the names and contact information of the parties involved, the property's address, and a description of the property. This description may include information about the type, size, amenities, and features of the property. The agreement also specifies the duration of the listing, which indicates the period for which the agent has the exclusive right to market and show the property. During this time, the seller agrees to work exclusively with the agent and refrain from hiring other agents or attempting to sell the property independently. In addition, the agreement may outline the agent's responsibilities, such as conducting market research, creating marketing materials, arranging showings, and representing the seller in negotiations with potential buyers. It also includes information on the agent's commission, which is typically a percentage of the final sale price. Different types of Kentucky One Time Listing and Showing Agreements may exist, depending on the specific terms agreed upon between the seller and the agent. Variations may include the duration of the listing period, the agreed-upon commission rate, and any additional services or provisions included in the agreement. To ensure compliance with Kentucky real estate laws and regulations, it is advisable for both parties to seek legal counsel and thoroughly review the agreement before signing. This will help protect their rights and ensure a smooth and successful real estate transaction.
