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 Nevada One Time Listing and Showing Agreement is a legally binding document used in the state of Nevada when a property owner wishes to sell their property through a real estate agent on a one-time basis. This agreement outlines the terms and conditions of the listing and showing process. The Nevada One Time Listing and Showing Agreement typically includes details such as the property's address, legal description, and the agreed-upon listing price. It also specifies the duration of the agreement, which is typically for a fixed period, often 90 days. There are different types of Nevada One Time Listing and Showing Agreements depending on the specific needs of the property owner. For example, there may be separate agreements for residential properties, commercial properties, or vacant land. Each type of agreement is tailored to address the unique aspects and requirements associated with the specific property type. The agreement also specifies the responsibilities and obligations of both the property owner and the real estate agent. For instance, it typically states that the property owner agrees to pay a commission to the agent upon the successful sale of the property. The commission is usually a percentage of the final sale price and is in compliance with the Nevada Real Estate Division's rules and regulations. Additionally, the agreement may include provisions regarding the marketing and advertising of the property. This can outline how the property will be promoted, whether through online listings, signage, or other forms of advertising. It may also address issues such as open houses, showings, and the use of lockboxes. Moreover, the agreement may contain clauses that define the terms and conditions for termination or cancellation of the agreement. This allows either party to end the agreement in case of unforeseen circumstances or if the agreed-upon terms are not met. In summary, the Nevada One Time Listing and Showing Agreement is a vital document in the process of selling a property. It outlines the property details, duration of the agreement, commission terms, marketing strategies, and termination provisions. Different types of agreements exist to accommodate the various property types that may be listed for sale in the state of Nevada.
