Common use of Exempt Listings Clause in Contracts

Exempt Listings. If the seller refuses to permit the listing to be disseminated by the service, the participant may then take the listing (office exclusive) and such listing shall be filed with the service but not disseminated to the participants. Exempted Listings are filed with the service as an Office Exclusive listing. (a) Exempted Listings shall be filed with the service within three (3) business days after all necessary Seller signatures have been obtained. (b) Listing data filed with the service about Exempted Listings will not be disseminated to other Participants, or their Authorized Affiliates. (c) When filed with the service, an exempted listing must be accompanied by: • an “MLS Listing Exclusion” form (provided by MLS) signed by the Seller, OR • other certification acceptable15 to MLS, signed by the Seller, that the Seller does not desire the listing to be disseminated by MLS. 15 A clause or an election in a listing contract stating the Seller does not want listing data submitted to MLS, and/or any MLS, is not, in and of itself, certification acceptable to MLS. In response to an address specific inquiry from a MLS Participant or Subscriber, MLS will disclose whether or not a listing for a property with that address has been filed as an Exempted Listing with MLS, but will not disclose any information about the listed property. Note: MLS Participants must distribute exempt listings within (1) one business day once the listing is publicly marketed. See Section 1.01, Clear Cooperation M

Exempt Listings. If the seller refuses to permit the listing to be disseminated by the service, the participant may then take the listing (office exclusive) and such listing shall be filed with the service but not disseminated to the participants. Exempted Listings are filed with the service as an Office Exclusive listing. (a) Exempted Listings shall be filed with the service within three (3) business days after all necessary Seller signatures have been obtained. (b) Listing data filed with the service about Exempted Listings will not be disseminated to other Participants, or their Authorized Affiliates. (c) When filed with the service, an exempted listing must be accompanied by: • an “MLS Listing Exclusion” form (provided by MLS) signed by the Seller, OR • other certification acceptable15 to MLS, signed by the Seller, that the Seller does not desire the listing to be disseminated by MLS. 15 A clause or an election in a listing contract stating the Seller does not want listing data submitted to MLS, and/or any MLS, is not, in and of itself, certification acceptable to MLS. In response to an address specific inquiry from a MLS Participant or Subscriber, MLS will disclose whether or not a listing for a property with that address has been filed as an Exempted Listing with MLS, but will not disclose any information about the listed property. 15 A clause or an election in a listing contract stating the Seller does not want listing data submitted to MLS, and/or any MLS, is not, in and of itself, certification acceptable to MLS. Note: MLS Participants must distribute exempt listings within (1) one business day once the listing is publicly marketed. See Section 1.01, Clear Cooperation M