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SD Real Estate Auction Listing Agreement 2019 free printable template

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REAL ESTATE AUCTION LISTING AGREEMENT (This is a legally binding contract. If you do not understand it, seek legal advice.) 1. Parties to Agreement. This agreement is made by and between, hereinafter
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How to fill out SD Real Estate Auction Listing Agreement

01
Start by entering the date at the top of the form.
02
Fill in the names and contact information of the seller(s).
03
Provide the property address and a brief description of the property being auctioned.
04
Specify the auction date and time as well as the auction location.
05
Outline the terms and conditions of the auction, including reserve price and bidding increments.
06
Include information regarding agency representation if applicable.
07
Indicate any disclosures or inspections that should be noted.
08
Sign and date the agreement to finalize it.

Who needs SD Real Estate Auction Listing Agreement?

01
Sellers looking to auction their property in South Dakota.
02
Real estate agents representing clients interested in auctioning properties.
03
Auction houses that require a formal agreement to conduct the auction.
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The SD Real Estate Auction Listing Agreement is a legal document that outlines the terms and conditions under which a property will be auctioned off in South Dakota. It includes details about the property, the auction process, and the responsibilities of the parties involved.
Typically, the property owner or seller who wishes to auction their property is required to file the SD Real Estate Auction Listing Agreement, often in conjunction with a licensed real estate agent or auctioneer.
To fill out the SD Real Estate Auction Listing Agreement, the property owner must provide accurate information about the property, including its legal description, any terms of the auction, and any disclosures. Each section of the agreement should be completed carefully, and both parties must sign the document.
The purpose of the SD Real Estate Auction Listing Agreement is to formalize the auction process, establish expectations between the seller and the auctioneer, and ensure that all relevant details about theProperty and auction terms are documented.
Information that must be reported on the SD Real Estate Auction Listing Agreement includes the property description, auction date, starting bid, reserve price (if any), seller's disclosures, and the terms of the commission for the auctioneer.
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