Exclusive Right to Sell Listing Sample Clauses

Exclusive Right to Sell Listing. The SELLER(S) are obligated to pay a commission if the BROKER, the SELLER(S) or anyone else finds a Buyer ready, willing and able to buy the listed property either for the listed price or for any other price accepted by the SELLER(S). OR
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Exclusive Right to Sell Listing. What It Is and When to ... Under an exclusive right-to-sell agreement, the listing firm is offered compensation in the event of a sale regardless of who procured the eventual purchaser. In contrast, under an exclusive ...
Exclusive Right to Sell Listing. What Is an "
Exclusive Right to Sell Listing. In an Exclusive Right to Sell Listing only one broker is appointed as sole agent of the seller and is given the exclusive right or authorization to represent the property in question. Under this form of contract the seller must pay the broker a commission regardless of who sells the property if it is sold while the listing is in effect. If the seller gives the broker an exclusive right to sell listing but finds a buyer without the broker’s assistance, the sell must still pay the broker a commission.
Exclusive Right to Sell Listing. Agreement Chicago. Please note that time, repairs made to be obligated to and are not. Definition Of Option Listing Agreement In Real Estate. But put into agreements and residential income this provision of listings in a form is one can either a commission? Gross rental income on a commercial property minus their expenses.
Exclusive Right to Sell Listing. Under an exclusive r ight to sell l isting, the seller agrees to l ist with only one broker, and that broker is entitled to a commission if the property sells during the l isting term, regardless of who f inds the buyer. Even if the seller makes the sale directly, the broker is still entitled to the commission. In spite of the designation “ exclusive r ight to sell,” remember that this type of listing agreement does not actually authorize the broker to sell the property. As with the other types of listings, the broker is authorized only to submit offers to purchase to the seller. The exclusive r ight to sell listing is preferred by most brokers, because it provides the most protection for the broker. I t ’s the type of listing that is most commonly used.
Exclusive Right to Sell Listing. The Exclusive Right to Sell listing is the most commonly used listing agreement among homeowners and real estate agents. It’s a legally binding contract that allows the real estate agent (or brokerage) full and total control over the transaction and rights to the agreed upon commission once the home sells. Listing Agreement FAQs: Here's Exactly What You're Signing ... Exclusive agency listing: Agents get paid in this type of agreement only if they sell the property. No fee is earned if the owner alone sells the property. Open listing: In this type of agreement, sellers have the right to use as many brokers as they want. However, the seller isn’t obligated to pay any of them if he or she sells the property without the broker’s help.
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Exclusive Right to Sell Listing. A written listing agreement between a property owner and a real estate broker whereby the owner appoints the broker as his/her agent for a specific period of time and promises to pay a fee or commission to the broker if the real property is sold during the listing period, whether or not the broker is the cause of the sale. The U.S. Federal Trade Commission (FTC) and the U.S. Department of Justice have expressed concern about MLSs excluding exclusive agency listings from IDX feeds, from feeds to third– party aggregators, and from public websites operated by the MLSs. The FTC has commenced non–public investigations of a number of MLSs, and several have chosen to enter into consent orders under which all listings, except the listings of participants who withhold their consent, will be included in IDX feeds, in feeds to third–party aggregators, and displayed on any public website operated by the MLSs. The Justice Department has commenced several investigations of MLSs focusing on the same issues that have not yet been concluded. XXX’s legal counsel believed that the current rules were probably in violation of the antitrust statutes since a group of competitors (the local Boards of Directors) voted to exclude exclusive agency listings rather than let the individual members make an independent business decision as to whether exclusive agency listings would be posted on his or her IDX site. In response to these investigations and XXX’s legal counsel’s opinion, the NAR Board of Directors voted mandatory changes to the IDX rules as well as adopt a statement of policy to address this issue. ECRIS has adopted the following changes to IDX and VOW rules and regulations to comply with the NAR changes and the Connecticut Multiple Listing Service has done the same. The following display provision (Section 12.3 (c)) was deleted, allowing the display of exclusive agency listings.

Related to Exclusive Right to Sell Listing

  • Exclusive Right The Employer will not meet and negotiate relative to those terms and conditions of employment subject to negotiations with any ASF Member groups or organizations composed of ASF Members covered by this Agreement except through the Association.

  • Exclusive Rights Enter into or amend any agreements pursuant to which any other party is granted exclusive marketing or other exclusive rights of any type or scope with respect to any of its products or technology;

  • RIGHT TO SELL Assignor may not Transfer any interest in the Development Xxxxx, the Subject Interests or any part thereof or any undivided interest therein in violation of Section 11.04. Subject to Section 11.02 and 11.04, Assignor may from time to time Transfer, mortgage or pledge its interest in the Development Xxxxx, the Subject Interests, or any part thereof or undivided interest therein, if and only if (i) such Transfer, mortgage or pledge is made expressly subject to and burdened with the Royalty Interest and this Conveyance; (ii) solely in connection with a Transfer other than a Transfer pursuant to a foreclosure on any mortgage or security interest, Assignor has caused the assignee, purchaser, transferee or grantee of any such transaction to (A) acknowledge that the affected Subject Interests are taken subject to and burdened with the Royalty Interest and this Conveyance, and (B) assume and agree to discharge Assignor’s obligations under this Conveyance with respect to such Subject Interests from and after the actual date of any such Transfer; and (iii) in connection with any Transfer pursuant to a foreclosure on any mortgage or security interest, Assignor has used commercially reasonable efforts to cause the assignee, purchaser, transferee or grantee of any such transaction to (A) acknowledge that the affected Subject Interests are taken subject to and burdened with the Royalty Interest and this Conveyance, and (B) assume and agree to discharge Assignor’s obligations under this Conveyance with respect to such Subject Interests from and after the actual date of any such Transfer. Any assumption and agreement to discharge shall be by appropriate written instrument for the express benefit of and enforceable by Assignee. For the avoidance of doubt, nothing in this Section 11.01(a) is intended to permit any assignee, purchaser, transferee or grantee to acquire any interest in the Development Xxxxx, the Subject Interests or any part thereof or undivided interest therein without being subject to and burdened with the Royalty Interest and this Conveyance. Assignee shall not be required to recognize any purported Transfer, mortgage or pledge not made in conformance with this Section 11.01(a) and, notwithstanding any such purported Transfer, mortgage or pledge, Assignor shall remain obligated under this Conveyance just as if such Transfer, mortgage or pledge attempt had not been made and Assignee shall continue to deal with Assignor to the exclusion of the purported transferee. Further, to the extent permitted by applicable Legal Requirements, any purported Transfer not made in conformance with this Section 11.01(a) shall be void and of no effect.

  • Non-Exclusive Rights Notwithstanding anything herein contained that may be, or appear to be, to the contrary, it is expressly understood and agreed that the rights granted under this Agreement are non-exclusive and Authority herein reserves the right to grant similar privileges to another lessee or other tenants on other parts of the Airport.

  • Right to Refuse to Cross Picket Lines All employees covered by this Agreement shall have the right to refuse to cross a picket line arising out of a dispute as defined in the Labour Relations Code of British Columbia. Any employee failing to report for duty shall be considered to be absent without pay. Failure to cross a picket line encountered in carrying out the Employer's business shall not be considered a violation of this Agreement nor shall it be grounds for disciplinary action.

  • Right to Refuse to Cross Picket Lines‌ All employees covered by this agreement shall have the right to refuse to cross a picket line arising out of a dispute as defined in the Labour Relations Code of British Columbia. Any employee failing to report for duty shall be considered to be absent without pay. Failure to cross a picket line encountered in carrying out the Employer's business shall not be considered a violation of this agreement nor shall it be grounds for disciplinary action.

  • Right to Reject Investment In contrast, we have the right to reject your subscription for any reason or for no reason, in our sole discretion. If we reject your subscription, any money you have given us will be returned to you.

  • Exclusive Negotiations The State will not bargain collectively or meet with any employee organization other than MSEA-SEIU with reference to terms and conditions of employment of employees covered by this Agreement. If any such organizations request meetings they will be advised by the State to transmit their requests concerning terms and conditions of employment to MSEA-SEIU.

  • Sole and Exclusive Remedy Except in the event of fraud or any Willful Breach of any representation, warranty or covenant or agreement contained herein, if this Agreement is validly terminated pursuant to Section 8.1, Parent’s receipt of the Termination Fee to the extent owed pursuant to Section 8.3(b) and any amounts owed pursuant to Section 8.3(d), and Parent’s right to seek specific performance pursuant to Section 9.10 (subject to the limitations set forth in Section 9.10), will be the sole and exclusive remedies of Parent and Merger Sub against (A) the Company and its Subsidiaries; and (B) the former, current and future holders of any equity, controlling persons, Representatives, Affiliates, members, managers, general or limited partners, stockholders, directors, officers, employees, agents, attorneys and assignees of each of the Company, its Subsidiaries and each of their respective Affiliates and former, current and future holders of any equity, controlling persons, Representatives, Affiliates, members, managers, general or limited partners, stockholders, directors, officers, employees, agents, attorneys and assignees of each of the foregoing (the Persons in clauses (A) and (B) collectively, the “Company Related Parties”) in respect of this Agreement and the Transactions. Except in the event of fraud or any Willful Breach of any representation, warranty or covenant or agreement contained herein, upon payment of the Termination Fee to Parent or its designee, none of the Company Related Parties will have any further monetary liability or obligation to (A) Parent or Merger Sub; or (B) the former, current and future direct or indirect holders of any equity, controlling persons, Representatives, Affiliates (other than Parent or Merger Sub), members, managers, general or limited partners, stockholders and assignees of each of Parent and Merger Sub (the Persons in clauses (A) and (B) collectively, the “Parent Related Parties”) relating to or arising out of this Agreement or the Transactions (except that the Company and its Subsidiaries (or their Affiliates) will remain obligated with respect to, and Parent and Merger Sub may be entitled to remedies with respect to, the Confidentiality Agreement, Section 8.3(a) (with respect to the expenses of the Company) and Section 8.3(d), as applicable.

  • Right to Opt Out IF YOU DO NOT WISH TO ARBITRATE DISPUTES YOU MAY DECLINE TO HAVE YOUR DISPUTES WITH US ARBITRATED BY NOTIFYING US IN WRITING WITHIN 30 DAYS OF THE LATER OF YOUR FIRST ACCESS TO OR USE OF THE SITES, BY MAIL TO 000 XXXXXXXXXXX XXXX, XXXXXXXX, XXX XXXX 00000. YOUR WRITTEN NOTIFICATION TO US MUST INCLUDE YOUR NAME, ADDRESS AND TELEPHONE NUMBER AS WELL AS A CLEAR STATEMENT THAT YOU DO NOT WISH TO RESOLVE DISPUTES WITH YS THROUGH ARBITRATION. YOUR DECISION TO OPT OUT OF THIS ARBITRATION PROVISION WILL HAVE NO ADVERSE EFFECT ON YOUR RELATIONSHIP WITH US OR PRODUCTS AND SERVICES PROVIDED BY US.

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