Listing Application Approved Sample Clauses

The 'Listing Application Approved' clause establishes that a property has received official approval to be listed for sale or lease, typically by a relevant authority or governing body. In practice, this means that all necessary documentation has been submitted and reviewed, and the property meets the required standards or criteria for public listing. This clause ensures that the listing process can proceed without legal or regulatory obstacles, providing assurance to both parties that the property is eligible for market exposure.