Common use of RESPONSIBILITIES AND RIGHTS OF THE PARTIES Clause in Contracts

RESPONSIBILITIES AND RIGHTS OF THE PARTIES. 128 Broker is hereby granted the authority to advertise this listing on the Internet. Broker is additionally permitted to file this 129 listing with any Multiple Listing Service (MLS) or similar service(s) of which Broker is a member. Seller understands 130 and agrees that by placing the listing on the MLS or these similar services, the listing may be included in a searchable 131 database provided by the MLS or similar service which can be viewed on other agents’ websites. Seller also agrees that 132 the listing may also appear on publicly accessible websites sponsored by and/or affiliated with the MLS, the local 133 association of Realtors®, or similar listing services and those who lawfully receive listing information from said entities. 134 Broker shall provide timely notice to MLS of status changes, shall use best efforts to produce a Buyer, and may divide 135 compensation with other real estate licensees for cooperation in connection with the sale or lease of the Property. Broker _______________________________ 136 shall offer a cooperative compensation to any agent who is a member participant of any MLS in which Property is listed 137 in the amount of 1 % of Selling Price/monthly rental amount or $ to a ________ 138 Selling Agent or Facilitator (an agent who is representing the interests of and/or is working with the Buyer/Tenant) who is 139 the procuring cause of the transaction. Broker may offer a cooperative compensation to an agent who is not a member 140 participant of the MLS(es) in which the Property is listed. In the event that Broker elects to offer a cooperating ___________________________________________ 141 compensation to an agent who is not a member participant in the MLS(es) in which the Property is listed, it will be in the _______ _____________________ 1 142 amount of % of Selling Price/monthly rental amount or $ to a Selling Agent or 143 Facilitator (an agent who is representing the interests of and/or is working with the Buyer) who is the procuring cause of 144 the transaction. In this event, Broker shall notify Seller in writing that a cooperative compensation is being offered to that 145 nonmember participant agent. Seller will assist Broker in any reasonable way in selling Property and will refer to Broker 146 all inquiries regarding this Property during the term of the Agreement, and any extensions or renewals thereof, and 147 authorizes Broker to provide final sales information to the MLS for the purpose of compiling comparable sales data reports. 148 Broker is authorized to place a real estate sign and lock box on the Property and to remove all other real estate signs; to 149 disseminate the Multiple Listing Profile Sheet; to exhibit said Property to any prospective Buyer; and to have 150 photographs/videos taken, and/or audio recorded for the creation of any advertising materials of said Property to be used 151 and distributed in promoting the sale and to use same to advertise the Property on the Internet or other broadcast media; 152 and to do such advertising as Broker deems appropriate. In the event that Seller provides photographs, videos or other 153 copyrightable materials to Broker, Seller grants Brokers a nonrevocable license to such material and the authority to grant 154 license to Broker’s MLS for storage; reproduction, compiling and distribution of said material. Seller shall allow the 155 Property to be shown at all reasonable hours and otherwise cooperate with Broker. Seller agrees that Broker is authorized 156 to receive on behalf of Seller all notices, offers, and other documents incidental to the offering and sale of the Property 157 which is covered by this Agreement. Seller agrees that such receipt by Broker may be deemed to be receipt by Seller if 158 such documents so provide or if the law so requires. Seller agrees to keep Broker informed of Seller's whereabouts in order 159 for Broker to promptly forward all such notices, offers and other information to Seller. In response to inquiries from 160 Buyers or cooperating brokers, Broker will follow Seller’s lawful instructions on the disclosure of the existence of 161 any offer and/or disclosure of terms and conditions of any offer. (Code of Ethics Standard of Practice 1-15) 162 9. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT (“FIRPTA”) DISCLOSURE. 163 Seller is hereby notified to consult with his/her own closing attorney and tax professional concerning the applicability 164 of the Foreign Investment in Real Property Tax Act (“FIRPTA”) which may require tax withholding to be collected 165 from Seller at the Closing of any sale of the Property. Examples of this may include if Seller can be classified as one 166 of the following: 167 Non United States citizen; 168 Non resident alien; or 169 Foreign corporation, partnership, trust, or estate 170 It is Seller’s Responsibility to seek independent tax advice prior to any Closing Date regarding such tax matters.

RESPONSIBILITIES AND RIGHTS OF THE PARTIES. 128 127 Broker is hereby granted the authority to advertise this listing on the Internet. Broker is additionally permitted to file this 129 128 listing with any Multiple Listing Service (MLS) or similar service(s) of which Broker is a member. Seller understands 130 129 and agrees that by placing the listing on the MLS or these similar services, the listing may be included in a searchable 131 130 database provided by the MLS or similar service which can be viewed on other agents’ websites. Seller also agrees that 132 131 the listing may also appear on publicly accessible websites sponsored by and/or affiliated with the MLS, the local 133 132 association of Realtors®, or similar listing services and those who lawfully receive listing information from said entities. 134 133 Broker shall provide timely notice to MLS of status changes, shall use best efforts to produce a Buyer, and may divide 135 134 compensation with other real estate licensees for cooperation in connection with the sale or lease of the Property. Broker _______________________________ 136 135 shall offer a cooperative compensation to any agent who is a member participant of any MLS in which Property is listed 137 136 in the amount of 1 % of Selling Price/monthly rental amount or $ to a ________ 138 137 Selling Agent or Facilitator (an agent who is representing the interests of and/or is working with the Buyer/Tenant) who 138 is 139 the procuring cause of the transaction. Broker may offer a cooperative compensation to an agent who is not a member 140 139 participant of the MLS(es) in which the Property is listed. In the event that Broker elects to offer a cooperating 140 compensation to an agent who is not a member participant in the MLS(es) in which the Property is listed, it will be in the 141 amount of % of Selling Price/monthly rental amount or $ to a Selling Agent or 142 Facilitator (an agent who is representing the interests of and/or is working with the Buyer) who is the procuring cause of 143 the transaction. In this event, Broker shall notify Seller in writing that a cooperative compensation is being offered to 144 that nonmember participant agent. Seller will assist Broker in any reasonable way in selling Property and will refer to 145 Broker all inquiries regarding this Property during the term of the Agreement, and any extensions or renewals thereof, ___________________________________________ 141 compensation to an agent who This form is not a member participant copyrighted and may only be used in the MLS(es) real estate transactions in which the Property Xxxxxx Grow is listed, it will be in the _______ _____________________ 1 142 amount of % of Selling Price/monthly rental amount or $ to involved as a Selling Agent or 143 Facilitator (an agent who is representing the interests of and/or is working with the Buyer) who is the procuring cause of 144 the transactionTAR authorized user. In this event, Broker shall notify Seller in writing that a cooperative compensation is being offered to that 145 nonmember participant agent. Seller will assist Broker in any reasonable way in selling Property 146 and will refer to Broker 146 all inquiries regarding this Property during the term of the Agreement, and any extensions or renewals thereof, and 147 authorizes Broker to provide final sales information to the MLS for the purpose of compiling comparable sales data 147 reports. 148 Broker is authorized to place a real estate sign and lock box on the Property and to remove all other real estate signs; to 149 disseminate the Multiple Listing Profile Sheet; to exhibit said Property to any prospective Buyer; and to have 150 photographs/videos taken, and/or audio recorded for the creation of any advertising materials of said Property to be used 151 and distributed in promoting the sale and to use same to advertise the Property on the Internet or other broadcast media; 152 and to do such advertising as Broker deems appropriate. In the event that Seller provides photographs, videos or other 153 copyrightable materials to Broker, Seller grants Brokers a nonrevocable license to such material and the authority to 154 grant 154 license to Broker’s MLS for storage; reproduction, compiling and distribution of said material. Seller shall allow 155 the 155 Property to be shown at all reasonable hours and otherwise cooperate with Broker. Seller agrees that Broker is 156 authorized 156 to receive on behalf of Seller all notices, offers, and other documents incidental to the offering and sale of the 157 Property 157 which is covered by this Agreement. Seller agrees that such receipt by Broker may be deemed to be receipt by 158 Seller if 158 such documents so provide or if the law so requires. Seller agrees to keep Broker informed of Seller's 159 whereabouts in order 159 for Broker to promptly forward all such notices, offers and other information to Seller. In response to inquiries from 160 Buyers or cooperating brokers, Broker will follow Seller’s lawful instructions on the disclosure of the existence of 161 any offer and/or disclosure of terms and conditions of any offer. (Code of Ethics Standard of Practice 1-15) 162 9. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT (“FIRPTA”) DISCLOSURE. 163 161 Seller is hereby notified to consult with his/her own closing attorney and tax professional concerning the applicability 164 162 of the Foreign Investment in Real Property Tax Act (“FIRPTA”) which may require tax withholding to be collected 165 163 from Seller at the Closing of any sale of the Property. Examples of this may include if Seller can be classified as one 166 164 of the following: 167 165 Non United States citizen; 168 166 Non resident alien; or 169 167 Foreign corporation, partnership, trust, or estate 170 168 It is Seller’s Responsibility to seek independent tax advice prior to any Closing Date regarding such tax matters.

RESPONSIBILITIES AND RIGHTS OF THE PARTIES. 128 134 Broker is hereby granted the authority to advertise this listing on the Internet. Broker is additionally permitted to file this 129 135 listing with any Multiple Listing Service (MLS) or similar service(s) of which Broker Xxxxxx is a member. Seller understands 130 136 and agrees that by placing the listing on the MLS or these similar services, the listing may be included in a searchable 131 137 database provided by the MLS or similar service which can be viewed on other agents’ websites. Seller Xxxxxx also agrees that 132 138 the listing may also appear on publicly accessible websites sponsored by and/or affiliated with the MLS, the local 133 139 association of Realtors®, or similar listing services and those who lawfully receive listing information from said entities. 134 140 Broker shall provide timely notice to MLS of status changes, shall use best efforts to produce a Buyer, and may divide 135 141 compensation with other real estate licensees for cooperation in connection with the sale or lease of the Property. Broker _______________________________ 136 142 shall offer a cooperative compensation to any agent who is a member participant of any MLS in which Property is listed 137 143 in the amount of 1 % of Selling Price/monthly rental amount or $ to a ________ 138 144 Selling Agent or Facilitator (an agent who is representing the interests of and/or is working with the Buyer/Tenant) who is 139 145 the procuring cause of the transaction. Broker Xxxxxx may offer a cooperative compensation to an agent who is not a member 140 146 participant of the MLS(es) in which the Property is listed. In the event that Broker Xxxxxx elects to offer a cooperating ___________________________________________ 141 147 compensation to an agent who is not a member participant in of the MLS(es) in which the Property is listed, it will shall 148 be in the _______ _____________________ 1 142 amount of % of Selling Price/monthly rental amount or $ to a Selling Agent 149 or 143 Facilitator (an agent who is representing the interests of and/or is working with the Buyer/Tenant) who is the procuring 150 cause of 144 the transaction. In this event, Broker Xxxxxx shall notify Seller in writing that a cooperative compensation is being offered 151 to that 145 nonmember participant agent. Seller will shall assist Broker in any reasonable way in selling Property and will 152 shall refer to Broker 146 all inquiries regarding this Property during the term of the Agreement, and any extensions or renewals 153 thereof, and 147 authorizes Broker to provide final sales information to the MLS for the purpose of compiling comparable sales 154 data reports. 148 155 Broker is authorized to place a real estate sign and lock box on the Property and to remove all other real estate signs; to 149 156 disseminate the Multiple Listing Profile Sheet; to exhibit said Property to any prospective Buyer; and to have 150 157 photographs/videos taken, and/or audio recorded for the creation of any advertising materials of said Property to be used 151 158 and distributed in promoting the sale and to use same to advertise the Property on the Internet or other broadcast media; 152 159 and to do such advertising as Broker deems appropriate. In the event that Seller provides photographs, videos or other 153 160 copyrightable materials to Broker, Seller grants Brokers a nonrevocable license to such material and the authority to grant 154 161 license to Broker’s MLS for storage; reproduction, compiling and distribution of said material. Seller shall allow the 155 162 Property to be shown at all reasonable hours and otherwise cooperate with Broker. Seller Xxxxxx agrees that Broker Xxxxxx is authorized 156 163 to receive on behalf of Seller Seller, all notices, offers, and other documents incidental to the offering and sale of the Property 157 164 which is covered by this Agreement. Seller Xxxxxx agrees that such receipt by Broker Xxxxxx may be deemed to be receipt by Seller if 158 165 such documents so provide or if the law so requires. Seller Xxxxxx agrees to keep Broker Xxxxxx informed of SellerXxxxxx's whereabouts in order 159 166 for Broker to promptly forward all such notices, offers and other information to Seller. In response to inquiries from 160 Buyers 167 or cooperating brokers, Broker Xxxxxx will shall follow Seller’s lawful instructions on the disclosure of the existence of 161 any offer 168 and/or disclosure of terms and conditions of any offer. (Code of Ethics Standard of Practice 1-15) 162 169 9. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT (“FIRPTA”) DISCLOSURE. 163 170 Seller is hereby notified to consult with his/her Seller’s own closing attorney and tax professional concerning the 171 applicability 164 of the Foreign Investment in Real Property Tax Act (“FIRPTA”) which may require tax withholding to 172 be collected 165 from Seller at the Closing of any sale of the Property. Examples of this may include if Seller can be 173 classified as one 166 of the following: 167 174 Non United States citizen; 168 175 Non resident alien; or 169 176 Foreign corporation, partnership, trust, or estate 170 177 It is SellerXxxxxx’s Responsibility to seek independent tax advice prior to any Closing Date regarding such tax matters.

RESPONSIBILITIES AND RIGHTS OF THE PARTIES. 128 134 Broker is hereby granted the authority to advertise this listing on the Internet. Broker is additionally permitted to file this 129 135 listing with any Multiple Listing Service (MLS) or similar service(s) of which Broker Xxxxxx is a member. Seller understands 130 136 and agrees that by placing the listing on the MLS or these similar services, the listing may be included in a searchable 131 137 database provided by the MLS or similar service which can be viewed on other agents’ websites. Seller Xxxxxx also agrees that 132 138 the listing may also appear on publicly accessible websites sponsored by and/or affiliated with the MLS, the local 133 139 association of Realtors®, or similar listing services and those who lawfully receive listing information from said entities. 134 140 Broker shall provide timely notice to MLS of status changes, shall use best efforts to produce a Buyer, and may divide 135 141 compensation with other real estate licensees for cooperation in connection with the sale or lease of the Property. Broker _______________________________ 136 142 shall offer a cooperative compensation to any agent who is a member participant of any MLS in which Property is listed 137 143 in the amount of 1 % of Selling Price/monthly rental amount or $ to a ________ 138 144 Selling Agent or Facilitator (an agent who is representing the interests of and/or is working with the Buyer/Tenant) who is 139 145 the procuring cause of the transaction. Broker Xxxxxx may offer a cooperative compensation to an agent who is not a member 140 146 participant of the MLS(es) in which the Property is listed. In the event that Broker Xxxxxx elects to offer a cooperating ___________________________________________ 141 147 compensation to an agent who is not a member participant in of the MLS(es) in which the Property is listed, it will shall 148 be in the _______ _____________________ 1 142 amount of % of Selling Price/monthly rental amount or $ to a Selling Agent 149 or 143 Facilitator (an agent who is representing the interests of and/or is working with the Buyer) who is the procuring cause 150 of 144 the transaction. In this event, Broker Xxxxxx shall notify Seller in writing that a cooperative compensation is being offered to 151 that 145 nonmember participant agent. Seller will shall assist Broker in any reasonable way in selling Property and will shall 152 refer to Broker 146 all inquiries regarding this Property during the term of the Agreement, and any extensions or renewals 153 thereof, and 147 authorizes Broker to provide final sales information to the MLS for the purpose of compiling comparable sales 154 data reports. 148 155 Broker is authorized to place a real estate sign and lock box on the Property and to remove all other real estate signs; to 149 156 disseminate the Multiple Listing Profile Sheet; to exhibit said Property to any prospective Buyer; and to have 150 157 photographs/videos taken, and/or audio recorded for the creation of any advertising materials of said Property to be used 151 158 and distributed in promoting the sale and to use same to advertise the Property on the Internet or other broadcast media; 152 159 and to do such advertising as Broker deems appropriate. In the event that Seller provides photographs, videos or other 153 160 copyrightable materials to Broker, Seller grants Brokers a nonrevocable license to such material and the authority to grant 154 161 license to Broker’s MLS for storage; reproduction, compiling and distribution of said material. Seller shall allow the 155 162 Property to be shown at all reasonable hours and otherwise cooperate with Broker. Seller Xxxxxx agrees that Broker Xxxxxx is authorized 156 163 to receive on behalf of Seller all notices, offers, and other documents incidental to the offering and sale of the Property 157 164 which is covered by this Agreement. Seller Xxxxxx agrees that such receipt by Broker Xxxxxx may be deemed to be receipt by Seller if 158 165 such documents so provide or if the law so requires. Seller Xxxxxx agrees to keep Broker Xxxxxx informed of SellerXxxxxx's whereabouts in order 159 166 for Broker to promptly forward all such notices, offers and other information to Seller. In response to inquiries from 160 167 Buyers or cooperating brokers, Broker Xxxxxx will shall follow Seller’s lawful instructions on the disclosure of the existence 168 of 161 any offer and/or disclosure of terms and conditions of any offer. (Code of Ethics Standard of Practice 1-15) 162 169 9. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT (“FIRPTA”) DISCLOSURE. 163 170 Seller is hereby notified to consult with his/her Seller’s own closing attorney and tax professional concerning the 171 applicability 164 of the Foreign Investment in Real Property Tax Act (“FIRPTA”) which may require tax withholding to 172 be collected 165 from Seller at the Closing of any sale of the Property. Examples of this may include if Seller can be 173 classified as one 166 of the following: 167 174 Non United States citizen; 168 175 Non resident alien; or 169 176 Foreign corporation, partnership, trust, or estate 170 177 It is SellerXxxxxx’s Responsibility to seek independent tax advice prior to any Closing Date regarding such tax matters.

RESPONSIBILITIES AND RIGHTS OF THE PARTIES. 128 Broker is hereby granted the authority to advertise this listing on the Internet. Broker is additionally permitted to file this 129 listing with any Multiple Listing Service (MLS) or similar service(s) of which Broker is a member. Seller understands 130 and agrees that by placing the listing on the MLS or these similar services, the listing may be included in a searchable 131 database provided by the MLS or similar service which can be viewed on other agents’ websites. Seller also agrees that 132 the listing may also appear on publicly accessible websites sponsored by and/or affiliated with the MLS, the local 133 association of Realtors®, or similar listing services and those who lawfully receive listing information from said entities. 134 Broker shall provide timely notice to MLS of status changes, shall use best efforts to produce a Buyer, and may divide 135 compensation with other real estate licensees for cooperation in connection with the sale or lease of the Property. Broker _______________________________ 136 shall offer a cooperative compensation to any agent who is a member participant of any MLS in which Property is listed 137 in the amount of 1 3 % of Selling Price/monthly rental amount or $ to a ________ 138 Selling Agent or Facilitator (an agent who is representing the interests of and/or is working with the Buyer/Tenant) who is 139 the procuring cause of the transaction. Broker may offer a cooperative compensation to an agent who is not a member 140 participant of the MLS(es) in which the Property is listed. In the event that Broker elects to offer a cooperating ___________________________________________ 141 compensation to an agent who is not a member participant in the MLS(es) in which the Property is listed, it will be in the _______ _____________________ 1 142 amount of % of Selling Price/monthly rental amount or $ to a Selling Agent or 143 Facilitator (an agent who is representing the interests of and/or is working with the Buyer) who is the procuring cause of 144 the transaction. In this event, Broker shall notify Seller in writing that a cooperative compensation is being offered to that 145 nonmember participant agent. Seller will assist Broker in any reasonable way in selling Property and will refer to Broker 146 all inquiries regarding this Property during the term of the Agreement, and any extensions or renewals thereof, and 147 authorizes Broker to provide final sales information to the MLS for the purpose of compiling comparable sales data reports. 148 Broker is authorized to place a real estate sign and lock box on the Property and to remove all other real estate signs; to 149 disseminate the Multiple Listing Profile Sheet; to exhibit said Property to any prospective Buyer; and to have 150 photographs/videos taken, and/or audio recorded for the creation of any advertising materials of said Property to be used 151 and distributed in promoting the sale and to use same to advertise the Property on the Internet or other broadcast media; 152 and to do such advertising as Broker deems appropriate. In the event that Seller provides photographs, videos or other 153 copyrightable materials to Broker, Seller grants Brokers a nonrevocable license to such material and the authority to grant 154 license to Broker’s MLS for storage; reproduction, compiling and distribution of said material. Seller shall allow the 155 Property to be shown at all reasonable hours and otherwise cooperate with Broker. Seller agrees that Broker is authorized 156 to receive on behalf of Seller all notices, offers, and other documents incidental to the offering and sale of the Property 157 which is covered by this Agreement. Seller agrees that such receipt by Broker may be deemed to be receipt by Seller if 158 such documents so provide or if the law so requires. Seller agrees to keep Broker informed of Seller's whereabouts in order 159 for Broker to promptly forward all such notices, offers and other information to Seller. In response to inquiries from 160 Buyers or cooperating brokers, Broker will follow Seller’s lawful instructions on the disclosure of the existence of 161 any offer and/or disclosure of terms and conditions of any offer. (Code of Ethics Standard of Practice 1-15) 162 9. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT (“FIRPTA”) DISCLOSURE. 163 Seller is hereby notified to consult with his/her own closing attorney and tax professional concerning the applicability 164 of the Foreign Investment in Real Property Tax Act (“FIRPTA”) which may require tax withholding to be collected 165 from Seller at the Closing of any sale of the Property. Examples of this may include if Seller can be classified as one 166 of the following: 167 Non United States citizen; 168 Non resident alien; or 169 Foreign corporation, partnership, trust, or estate 170 It is Seller’s Responsibility to seek independent tax advice prior to any Closing Date regarding such tax matters.