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This document serves as an addendum to the Exclusive Right to Sell Listing Agreement, detailing terms related to brokerage compensation, seller\'s fees, and the conditions under which brokerage fees are payable to the Company. It includes clear instructions on the responsibilities of the Seller and the Company regarding negotiations and payments associated with the sale, lease, or exchange of the specified property.
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How to fill out addendum to exclusive right

01
Review the existing exclusive right agreement to understand the terms.
02
Identify the specific changes or additions that need to be included in the addendum.
03
Clearly label the document as an 'Addendum to Exclusive Right'.
04
State the date of the original agreement to which the addendum relates.
05
Outline the specific sections of the original agreement that are being amended or added.
06
Provide clear, concise language for each amendment or addition.
07
Include signature lines for all parties involved, ensuring that they understand and agree to the changes.
08
Date the addendum once all parties have signed.

Who needs addendum to exclusive right?

01
Parties to an exclusive right agreement who wish to amend the terms.
02
Individuals or companies involved in real estate transactions requiring updates to exclusive rights.
03
Legal representatives managing agreements that require clarification or changes.
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An addendum to exclusive right is a supplementary document that modifies or adds to the terms of an existing exclusive rights agreement, often clarifying or expanding the rights granted.
The individual or entity that holds the exclusive rights and wishes to amend or clarify those rights is required to file the addendum.
To fill out an addendum to exclusive right, provide details of the existing agreement, specify the changes being made, include effective dates, and ensure that all parties involved in the original agreement sign the addendum.
The purpose of the addendum is to officially document any changes or clarifications to the terms of an exclusive right agreement, ensuring that all parties are aware and agree to the new terms.
The addendum must report the identification of the original exclusive rights agreement, a description of the amendments or changes being made, party signatures, and date of execution.
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Relevant keywords

Real Estate Brokerage Agreement Seller's Fees Listing Agreement Brokerage Compensation Property Sale Real Estate Agent Negotiated Fees Buyer Compensation Agency Disclosure

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