California Manufactured Home Listing Agreement for Real and Personal Property
Category:
State:
California
Control #:
CA-RE-A-2151-1
Format:
Word;
Rich Text
Instant download
Description
This is a sample Manufactured Home Listing Agreement for Real and Personal Property. This agreement is a contract between the listing agent and the owner of the home, wherein the seller agrees to compensate the agent's efforts. The form may be customized to suit your needs.
Free preview
Understanding Manufactured Home Listing Agreements
A manufactured home listing agreement is a legal document used to outline the terms under which a manufactured home will be marketed and sold. This agreement typically involves several key parties: the homeowner, the real estate agent or brokerage, and potential buyers.
Key Elements of a Manufactured Home Listing Agreement
- Listing Price: The price at which the manufactured home will be offered for sale.
- Duration: The time period the agreement covers, usually in months.
- Broker's Duties: Tasks the broker is obligated to perform, such as advertising and arranging showings.
- Seller's Responsibilities: Duties such as maintaining the property and providing necessary disclosures.
- Commission Structure: Details on how the broker will be compensated for their services.
Comparison of Manufactured Home Listing Agreements vs. Traditional Home Listing Agreements
| Type of Home | Listing Agreement Focus | Typical Contract Duration |
|---|---|---|
| Manufactured Home | Special considerations for chattel mortgage, space rentals, or land leases | Shorter periods (1-6 months) |
| Traditional Home | Focus on property ownership, including land and structure | Longer periods (6-12 months) |
Potential Risks in Manufactured Home Listing Agreements
- Inadequate exposure to potential buyers due to niche market considerations.
- Legal disputes over property rights, especially if the land is not owned by the seller.
- Conflicts over agreement terms if not properly understood or documented.