This is a basic listing agreement or contract if you will uh between you the agent and the seller the homeowner. OWNER sells, leases, trades or otherwise disposes of all or part of the Business within ONE (1).The property and improvements which the Seller is agreeing to sell and which the Purchaser is agreeing to purchase is known as. A quick overview of the Massachusetts Association of Realtors exclusive right to sell listing agreement. This booklet explains many of these laws you need to know and provides resources where you can find more information about landlord and tenant issues. The listing agreement is a contract between the par ties setting forth the rights and obligations of both parties. Simultaneous with the. This is a legally binding contract, if not fully understood seek competent legal advice before signing. A lease is a contract between a landlord and a tenant that contains the terms and conditions of the rental. A listing agreement is a contract between homeowners and brokers that legally establishes how a realtor will find a property buyer on the seller's behalf.