Listing Agreement Document Format In Broward

State:
Multi-State
County:
Broward
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

The Listing Agreement Document Format in Broward, specifically the One Time Listing and Showing Agreement, is a concise, legally binding form used by sellers and real estate agents. This document permits the specified real estate agent to show the property to potential buyers and stipulates the professional fee to be paid upon sale completion. Key features include sections for seller and buyer information, property address, legal description, and the type of agency relationship, such as single agent or transactional agent. It is critical for users to carefully review this form and seek legal advice if needed. Filling instructions involve clearly printing names and details, while editing may require legal consultation to maintain compliance. This form is useful for various professionals, including attorneys, who may need to draft or review such contracts, and paralegals and legal assistants who support the transaction process. Real estate associates and owners benefit from understanding their obligations and rights under the agreement, ensuring all parties are informed about the agent's role and fee structure.

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FAQ

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.

The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

Explanation: A written listing agreement between a seller and a broker is an example of a bilateral contract. A bilateral contract is a type of contract where both parties make promises to each other. In this case, the seller promises to sell the property and the broker promises to find a buyer.

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

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Listing Agreement Document Format In Broward