Initial Listing Period Sample Clauses
The Initial Listing Period clause defines the specific timeframe during which a property will be actively listed for sale or lease under an agreement with a broker or agent. Typically, this period is set out in the contract and may last for several months, during which the broker has the exclusive right to market the property and seek potential buyers or tenants. By clearly establishing the start and end dates of the listing, this clause ensures both parties understand the duration of their obligations and helps prevent disputes over when the broker's authority begins and ends.
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Initial Listing Period. The referenced Listing Period shall be the term of this Agreement and it shall begin on the referenced Starting Date and shall continue through the referenced Ending Date. If the Property is under contract during the Listing Period, but the Listing Period expires prior to the closing, then the Listing Period shall be automatically extended through the closing of the contract.
Initial Listing Period. The referenced Listing Period shall be the term of this Agreement and it shall begin on the referenced Starting Date and shall continue through the referenced Ending Date.