Common use of OWNERS OF MULTIPLE PROPERTIES Clause in Contracts

OWNERS OF MULTIPLE PROPERTIES. A single owner selling multiple properties in the same sub-division, complex, or building that lists only one Property or unit, and sells another unit or property, not listed, to a buyer who was generated from the MLS on the listed Property, will owe a Listing Input Fee to the Broker on the actual property sold. The Listing Input Fee will be the same as the original Property listed, and will be due no later than two (2) days after a contract has been accepted.