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Property Listing Agreement
Document Type
Microsoft Word (Editable)
Pages
4
Price:
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Document Overview
A Property Listing Agreement is a legal contract between a property owner (seller/landlord) and a real estate agent or broker, which authorizes the agent to market, list and facilitate the sale or lease of the property in exchange for a commission.
Key Components:
1. Parties to the Agreement
2. Property Details
3. Listing Period
4. Agent’s Obligations
5. Owner’s Obligations
6. Agent’s Commission
7. Termination Clause
8. Dispute Resolution
9. Governing Law
10. Signatures
Purpose of a Property Listing Agreement:
1. Formalizes the Agent-Owner Relationship
2. Ensures Transparency
3. Prevents Disputes
4. Protects the Agent’s Commission
5. Enhances Efficiency in Property Transactions
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