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 Oklahoma One Time Listing and Showing Agreement is a legal document designed for real estate transactions in the state of Oklahoma. It outlines the terms and conditions between a property owner (usually a seller) and a real estate agent regarding the listing and showing of a property. This agreement acts as a contract between the property owner and the real estate agent, granting the agent exclusive permission to list and show the property for a specified period. The agreement is designed to protect both parties involved by clearly defining their rights, responsibilities, and obligations. The Oklahoma One Time Listing and Showing Agreement typically include several key elements. Firstly, it outlines the effective date and duration of the agreement, specifying the start and end dates. Secondly, it details the terms of compensation for the real estate agent, including the percentage of the sale price or a flat fee to be paid upon successful completion of the transaction. The agreement also stipulates the agent's fiduciary role, requiring them to act in the best interest of the property owner. It includes provisions regarding the agent's duty to market and promote the property, disclose all relevant information to potential buyers, and negotiate offers on behalf of the owner. Furthermore, the Oklahoma One Time Listing and Showing Agreement may include provisions regarding the disclosure of material defects in the property, the authority granted to the agent to enter into contracts on behalf of the owner, and any specific requirements or conditions pertaining to the listing and showing process. While there may not be specific types of Oklahoma One Time Listing and Showing Agreements, variations of this agreement may exist based on individual circumstances or requirements. These variations can include different durations of the agreement, such as a 30-day or 90-day listing period, or specific provisions related to the property type, such as residential, commercial, or agricultural. In summary, the Oklahoma One Time Listing and Showing Agreement is a legally binding contract that establishes the relationship between a property owner and a real estate agent for the listing and showing of a property. It clearly outlines the rights, responsibilities, and obligations of both parties and provides a framework for a successful real estate transaction.
