MANDATE TO SELL Clause Samples
A Mandate to Sell clause authorizes a designated party, typically an agent or broker, to sell specified assets or property on behalf of the owner. This clause outlines the scope of the agent’s authority, the terms under which the sale may occur, and any limitations or conditions, such as minimum price or time frame. Its core function is to formalize the delegation of selling rights, ensuring clarity and legal backing for the agent’s actions while protecting the interests of the owner.
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MANDATE TO SELL. Should the Purchaser wish to sell the Property after the Transfer Date, but during the Development Period, then and in that instance the Purchaser hereby grants to the Estate Agency an irrevocable mandate, on a sole and exclusive basis, to sell the Property on behalf of the Purchaser, subject further to the provisions of Clause 23 of this Agreement.
MANDATE TO SELL. INITIAL