Agreement Commercial Property With Residential For Sale In Kings
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This is a very straight forward form that grants to a realtor or broker the sole and exclusive right to sell the commercial property described in the agreement. It contains some warranties by Owner that the Owner's title is marketable.
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In this instance, you would calculate the average property selling prices and annual gross rental incomes from similar properties in the area. This will allow you to calculate an average GRM. To calculate the value of your property, use this formula: Property value = Average GRM x Annual Gross Rental Income.
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