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TERMINATION OF AGENCY AGREEMENT AND RELEASE (Protection Period Preserved) Client: ___(Client) Real Estate Firm: ___ (Firm) Client and Firm are referred to herein collectively as the Parties. This
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How to fill out termination of agency agreement

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How to fill out termination of agency agreement

01
Review the termination clause in the agency agreement to ensure you are following the correct procedures.
02
Provide written notice to the other party stating your intention to terminate the agency agreement.
03
Specify the effective date of termination in the notice.
04
Consider any outstanding obligations or commissions that need to be addressed before termination.
05
Obtain signatures from both parties to acknowledge the termination of the agency agreement.

Who needs termination of agency agreement?

01
Any party involved in an agency agreement who wishes to end the relationship legally and formally.
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Termination of agency agreement refers to the act of ending a contractual relationship between an agent and a principal.
The agent is typically required to file the termination of agency agreement.
To fill out a termination of agency agreement, the agent should include information such as the effective date of termination, reason for termination, and any outstanding obligations.
The purpose of termination of agency agreement is to formally end the relationship between the agent and the principal, outlining the rights and responsibilities of both parties after termination.
The termination of agency agreement should include details such as the names of the agent and principal, effective date of termination, reason for termination, and any remaining obligations.
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