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Type ER EXCLUSIVE RIGHT TO SELL/RENT LISTING CONTRACT LEGAL LANGUAGE THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. NO REPRESENTATION IS MADE AS TO THE LEGAL OR TAX CONSEQUENCES OF THIS CONTRACT.
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How to fill out listing contract legal language

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How to fill out listing contract legal language:

01
Review the entire contract: Before filling out the legal language in a listing contract, it is important to carefully read and understand the entire contract. This will ensure that you are aware of your rights and responsibilities.
02
Consult an attorney: If you are not familiar with legal language or have any concerns, it is advisable to consult an attorney. They can guide you through the process and ensure that the contract meets all legal requirements.
03
Identify the parties involved: The first step in filling out the legal language is to clearly identify the parties involved in the listing contract. This usually includes the seller or property owner and the real estate agent or broker.
04
Include accurate property details: The legal language should include accurate and detailed information about the property being listed. This may include the address, square footage, property type, and any special features.
05
Specify the listing price and terms: The legal language should clearly state the listing price of the property and any specific terms or conditions that may apply. This may include the desired closing date, financing options, or any additional contingencies.
06
Indicate the duration of the contract: The legal language should specify the duration of the listing contract, including the start and end dates. This ensures that both parties are aware of the timeframe in which the property will be listed.
07
Include commission details: If there is a commission involved, the legal language should clearly state the amount or percentage that the real estate agent or broker will receive upon the successful sale of the property.

Who needs listing contract legal language?

01
Property owners: Listing contract legal language is necessary for property owners who wish to list their property for sale or lease. It helps protect their interests and ensures that all terms and conditions are properly documented.
02
Real estate agents and brokers: Listing contract legal language is important for real estate agents and brokers as it outlines their responsibilities, commission details, and the terms of their representation. This helps establish a clear understanding between the agent/broker and the property owner.
03
Buyers and renters: While buyers and renters may not be directly involved in filling out the listing contract legal language, they benefit from its existence. It provides transparency and legally binding terms that protect their rights and ensure a fair transaction.
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Listing contract legal language refers to the specific terms and conditions outlined in a contract between a property owner and a real estate agent for the purpose of selling or renting the property.
The property owner and the real estate agent are required to file the listing contract legal language.
The listing contract legal language can be filled out by detailing the terms of the agreement, including the property details, duration of the contract, commission rates, and any additional clauses.
The purpose of listing contract legal language is to clearly outline the responsibilities and obligations of both parties involved in the property transaction.
The listing contract legal language must include property details, commission rates, duration of the contract, any additional clauses, and signatures of all parties involved.
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