Get the free Vacant Land Listing Agreement - Tucson Association of Realtors - tucsonrealtors

VACANT LAND LISTING AGREEMENT (Exclusive Right to Sell) THE PRE-PRINTED PORTIONS OF THIS LISTING AGREEMENT (AGREEMENT) HAVE BEEN APPROVED BY THE TUCSON ASSOCIATION OF REALTORS? / MULTIPLE LISTING

How to fill out vacant land listing agreement

How to Fill Out a Vacant Land Listing Agreement:

1. Review the agreement: Start by carefully reading through the vacant land listing agreement. Make sure you understand all its terms and conditions before proceeding.
2. Gather necessary information: Collect all relevant details about the vacant land, such as the property address, legal description, lot size, zoning information, and any existing structures or improvements.
3. Identify the parties involved: Fill in the names and contact information of both the landowner (seller) and the real estate agent (listing broker). Include any additional parties who may have an interest in the land, such as co-owners or trustees.
4. Determine the listing price: Consult with the landowner and conduct a market analysis to establish a fair and competitive listing price for the vacant land. This should be specified in the agreement.
5. Specify the listing duration: Decide how long the listing agreement will be valid, whether it's for a fixed period of time or until the land is sold or withdrawn from the market. Clearly state the start and end date of the agreement.
6. Describe the agency relationship: Clearly define the agency relationship between the landowner and the real estate agent. Specify whether the agent will be representing the landowner as their seller's agent, a dual agent if they also represent the buyer, or as a transactional agent with limited representation.
7. Set marketing and advertising strategies: Discuss and outline the marketing and advertising strategies that will be employed to attract potential buyers for the vacant land. This may include online listings, signage, open houses, or print media.
8. Include any additional terms and conditions: If there are any specific requirements or obligations that the landowner or real estate agent should adhere to, such as disclosure requirements or required inspections, make sure to include them in the agreement.
9. Sign and date the agreement: Once all the necessary information has been filled out, ensure that both the landowner and the real estate agent sign and date the vacant land listing agreement. Copies should be provided to all involved parties.

Who Needs a Vacant Land Listing Agreement?

A vacant land listing agreement is typically needed by landowners who want to sell their undeveloped properties through the assistance of a real estate agent. This agreement helps formalize the relationship between the landowner and the agent, outlining the terms, conditions, and obligations involved in marketing and selling the vacant land. It ensures that both parties are on the same page and protects their interests throughout the process.

For pdfFiller’s FAQs

What is vacant land listing agreement?

A vacant land listing agreement is a legally binding contract between a property owner and a real estate agent or broker that authorizes the agent to sell or lease the owner's vacant land.

Who is required to file vacant land listing agreement?

The property owner or the authorized representative of the property owner is required to file the vacant land listing agreement.

How to fill out vacant land listing agreement?

To fill out a vacant land listing agreement, you need to provide relevant property details such as the legal description, size, location, asking price, and any specific terms or conditions. It is recommended to consult with a real estate professional or attorney for assistance in completing the agreement.

What is the purpose of vacant land listing agreement?

The purpose of a vacant land listing agreement is to establish the terms and conditions under which a real estate agent or broker will be authorized to market and sell or lease the owner's vacant land.

What information must be reported on vacant land listing agreement?

The vacant land listing agreement should include details such as the property's legal description, address or location, size, boundaries, zoning information, price or lease terms, any existing easements or encumbrances, and the duration of the agreement.

When is the deadline to file vacant land listing agreement in 2023?

The deadline to file the vacant land listing agreement in 2023 may vary depending on the jurisdiction and specific contractual agreements. It is advisable to consult with a real estate professional, attorney, or relevant local authorities to determine the exact deadline for filing.

What is the penalty for the late filing of vacant land listing agreement?

The penalty for the late filing of a vacant land listing agreement can also vary depending on the jurisdiction and contractual agreements. It is recommended to review the terms and conditions outlined in the agreement, consult with a real estate professional, attorney, or relevant local authorities to understand the potential penalties in case of late filing.

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