Common use of Multiple Listing Service Clause in Contracts

Multiple Listing Service. Xxxxxx is a member of a Multiple Listing Service (MLS). The Parties hereto understand and agree that the Broker is hereby authorized to (i) enter this listing in the MLS as a blanket unilateral offer of cooperation and compensation to other Participants of MLS regardless of their brokerage relationship, payment of compensation shall be as stated in the Property Data form; (ii) file timely notice of all changes in the above information as approved by the Owner; (iii) upon the leasing of the Property, file leased information, including monthly rental price, with the MLS for processing and dissemination to the MLS Participants and other members of the Oklahoma Association of REALTORS® (“OAR”) and (iv) that the Property information, once transmitted to the MLS, shall be owned by it and subject to its copyright and may be used and disseminated by it.

Multiple Listing Service. Xxxxxx Broker is a member of a Multiple Listing Service (MLS). The Parties hereto understand and agree that the Broker is hereby authorized to (i) enter this listing in the MLS as a blanket unilateral offer of cooperation and compensation to other Participants of MLS regardless of their brokerage relationship, payment of compensation shall be as stated in the Property Data form; (ii) file timely notice of all changes in the above information as approved by the Owner; (iii) upon the leasing of the Property, file leased information, including monthly rental price, with the MLS for processing and dissemination to the MLS Participants and other members of the Oklahoma Association of REALTORS® (“OAR”) and (iv) that the Property information, once transmitted to the MLS, shall be owned by it and subject to its copyright and may be used and disseminated by it.