Common use of Seller’s Acknowledgment of Broker’s Limited Duties Clause in Contracts

Seller’s Acknowledgment of Broker’s Limited Duties. THIS AGREEMENT CREATES AN EXCLUSIVE AGREEMENT TO MARKET THE PROPERTY THROUGH THE MLS AND LIMITS THE PERFORMANCE REQUIREMENTS OF BROKER AS SET FORTH HEREIN. BROKER IS NOT REPRESENTING SELLER AS A FULL- SERVICE REAL ESTATE AGENCY BUT RATHER, HAS LIMITED OBLIGATIONS TO SELLER. SELLER ACKNOWLEDGES THAT, UNLESS THIS LISTING AGREEMENT IS OTHERWISE AMENDED IN WRITING. BROKER HAS NO OBLIGATION TO DO ANY OF THE FOLLOWING ON BEHALF OF SELLER: oarrange appointments to show Property to potential buyers (but instead gives cooperating MLS participants authority to make such appointments directly with the Seller); oaccept and present to the Seller agreements of sale for the property (but instead gives cooperating MLS participants authority to present agreements of sale directly to the Seller); oadvise the Seller as to the merits of agreements of sale; oassist the Seller in developing, communicating or presenting counter-offers; and oparticipate on the Seller’s behalf in negotiations leading to the sale of the Property. SELLER ACKNOWLEDGES THAT SELLING THE PROPERTY MAY BE COMPLICATED AND MAY REQUIRE PROFESSIONAL LEGAL OR TAX ASSISTANCE. SELLER ACKNOWLEDGES THAT BROKER IS NOT QUALIFIED OR AUTHORIZED TO GIVE LEGAL OR TAX ADVICE, NOR DETERMINE IF SELLER DESIRES OR NEEDS SUCH ADVICE. SELLER AGREES TO OBTAIN SUCH LEGAL OR TAX ASSISTANCE AS SELLER DEEMS NECESSARY. NO OTHER AGREEMENT, EXPRESSED OR IMPLIED, SHALL BE HELD TO IMPOSE ANY GREATER RELATIONSHIP THAN SET FORTH HEREIN. SELLER WAIVES ANY CLAIM OR CAUSE OF ACTION IT MAY HAVE AGAINST BROKER, ITS AFFILIATES, SHAREHOLDERS, INTEREST HOLDERS, DIRECTORS, OFFICERS, MEMBERS, PARTNERS, EMPLOYEES, AGENTS, REPRESENTATIVES, ADVISORS OR ATTORNEYS, SUCCESSORS AND ASSIGNS RESULTING OUT OF ANY ACT OR OMISSION OF BROKER. SELLER ACCEPTS THE RESPONSIBILITY TO COMPLY WITH ALL ORDINANCES, REGULATIONS AND STATUTES PERTAINING TO SELLERS OFFER FOR SALE AND SALE OF THE PROPERTY. SELLER DOES NOT WAIVE ANY RIGHTS GUARANTEED BY THE REGULATIONS AND STATUTES OF THE DISTRICT OF COLUMBIA WHICH CANNOT BE VOLUNTARILY WAIVED. SELLER ACKNOWLEDGES THAT SELLER’S ADDRESS AND PHONE NUMBER WILL BE PUBLISHED IN THE MLS AND OTHER AFFILIATED WEBSITES RELATED TO MARKETING THE HOME LISTING.

Appears in 1 contract

Samples: Exclusive Listing Agreement

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Seller’s Acknowledgment of Broker’s Limited Duties. THIS AGREEMENT CREATES AN EXCLUSIVE AGREEMENT TO MARKET THE PROPERTY THROUGH THE MLS AND LIMITS THE PERFORMANCE REQUIREMENTS OF BROKER AS SET FORTH HEREIN. BROKER IS NOT REPRESENTING SELLER AS A FULL- SERVICE REAL ESTATE AGENCY BUT RATHER, HAS LIMITED OBLIGATIONS TO SELLER. SELLER ACKNOWLEDGES THAT, UNLESS THIS LISTING AGREEMENT IS OTHERWISE AMENDED IN WRITING. BROKER HAS NO OBLIGATION TO DO ANY OF THE FOLLOWING ON BEHALF OF SELLER: oarrange appointments to show Property to potential buyers (but instead gives cooperating MLS participants authority to make such appointments directly with the Seller); oaccept and present to the Seller agreements of sale for the property (but instead gives cooperating MLS participants authority to present agreements of sale directly to the Seller); oadvise the Seller as to the merits of agreements of sale; oassist the Seller in developing, communicating or presenting counter-offers; and oparticipate on the Seller’s behalf in negotiations leading to the sale of the Property. SELLER ACKNOWLEDGES THAT SELLING THE PROPERTY MAY BE COMPLICATED AND MAY REQUIRE PROFESSIONAL LEGAL OR TAX ASSISTANCE. SELLER ACKNOWLEDGES THAT BROKER IS NOT QUALIFIED OR AUTHORIZED TO GIVE LEGAL OR TAX ADVICE, NOR DETERMINE IF SELLER DESIRES OR NEEDS SUCH ADVICE. SELLER XXXXXX AGREES TO OBTAIN SUCH LEGAL OR TAX ASSISTANCE AS SELLER DEEMS NECESSARY. NO OTHER AGREEMENT, EXPRESSED OR IMPLIED, SHALL BE HELD TO IMPOSE ANY GREATER RELATIONSHIP THAN SET FORTH HEREIN. SELLER WAIVES ANY CLAIM OR CAUSE OF ACTION IT MAY HAVE AGAINST BROKER, ITS AFFILIATES, SHAREHOLDERS, INTEREST HOLDERS, DIRECTORS, OFFICERS, MEMBERS, PARTNERS, EMPLOYEES, AGENTS, REPRESENTATIVES, ADVISORS OR ATTORNEYS, SUCCESSORS AND ASSIGNS RESULTING OUT OF ANY ACT OR OMISSION OF BROKER. SELLER ACCEPTS THE RESPONSIBILITY TO COMPLY WITH ALL ORDINANCES, REGULATIONS AND STATUTES PERTAINING TO SELLERS OFFER FOR SALE AND SALE OF THE PROPERTY. SELLER DOES NOT WAIVE ANY RIGHTS GUARANTEED BY THE REGULATIONS AND STATUTES OF THE DISTRICT OF COLUMBIA PENNSYLVANIA WHICH CANNOT BE VOLUNTARILY WAIVED. SELLER ACKNOWLEDGES THAT SELLERXXXXXX’S ADDRESS AND PHONE NUMBER WILL BE PUBLISHED IN THE MLS AND OTHER AFFILIATED WEBSITES RELATED TO MARKETING THE HOME LISTING.

Appears in 1 contract

Samples: Exclusive Right to Sell Real Estate

Seller’s Acknowledgment of Broker’s Limited Duties. THIS AGREEMENT CREATES AN EXCLUSIVE AGREEMENT TO MARKET THE PROPERTY THROUGH THE MLS AND LIMITS THE PERFORMANCE REQUIREMENTS OF BROKER AS SET FORTH HEREIN. BROKER IS NOT REPRESENTING SELLER AS A FULL- SERVICE REAL ESTATE AGENCY BUT RATHER, HAS LIMITED OBLIGATIONS TO SELLER. SELLER ACKNOWLEDGES THAT, UNLESS THIS LISTING AGREEMENT IS OTHERWISE AMENDED IN WRITING. BROKER HAS NO OBLIGATION TO DO ANY OF THE FOLLOWING ON BEHALF OF SELLER: oarrange o arrange appointments to show Property to potential buyers (but instead gives cooperating MLS participants authority to make such appointments directly with the Seller); oaccept o accept and present to the Seller agreements of sale for the property (but instead gives cooperating MLS participants authority to present agreements of sale directly to the Seller); oadvise o advise the Seller as to the merits of agreements of sale; oassist o assist the Seller in developing, communicating or presenting counter-offers; and oparticipate o participate on the Seller’s behalf in negotiations leading to the sale of the Property. SELLER ACKNOWLEDGES THAT SELLING THE PROPERTY MAY BE COMPLICATED AND MAY REQUIRE PROFESSIONAL LEGAL OR TAX ASSISTANCE. SELLER ACKNOWLEDGES THAT BROKER IS NOT QUALIFIED OR AUTHORIZED TO GIVE LEGAL OR TAX ADVICE, NOR DETERMINE IF SELLER DESIRES OR NEEDS SUCH ADVICE. SELLER XXXXXX AGREES TO OBTAIN SUCH LEGAL OR TAX ASSISTANCE AS SELLER DEEMS NECESSARY. NO OTHER AGREEMENT, EXPRESSED OR IMPLIED, SHALL BE HELD TO IMPOSE ANY GREATER RELATIONSHIP THAN SET FORTH HEREIN. SELLER WAIVES ANY CLAIM OR CAUSE OF ACTION IT MAY HAVE AGAINST BROKER, ITS AFFILIATES, SHAREHOLDERS, INTEREST HOLDERS, DIRECTORS, OFFICERS, MEMBERS, PARTNERS, EMPLOYEES, AGENTS, REPRESENTATIVES, ADVISORS OR ATTORNEYS, SUCCESSORS AND ASSIGNS RESULTING OUT OF ANY ACT OR OMISSION OF BROKER. SELLER ACCEPTS THE RESPONSIBILITY TO COMPLY WITH ALL ORDINANCES, REGULATIONS AND STATUTES PERTAINING TO SELLERS OFFER FOR SALE AND SALE OF THE PROPERTY. SELLER DOES NOT WAIVE ANY RIGHTS GUARANTEED BY THE REGULATIONS AND STATUTES OF THE DISTRICT OF COLUMBIA PENNSYLVANIA WHICH CANNOT BE VOLUNTARILY WAIVED. SELLER ACKNOWLEDGES THAT SELLERXXXXXX’S ADDRESS AND PHONE NUMBER WILL BE PUBLISHED IN THE MLS AND OTHER AFFILIATED WEBSITES RELATED TO MARKETING THE HOME LISTING.

Appears in 1 contract

Samples: Exclusive Right to Sell Real Estate

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Seller’s Acknowledgment of Broker’s Limited Duties. THIS AGREEMENT CREATES AN EXCLUSIVE AGREEMENT TO MARKET THE PROPERTY THROUGH THE MLS AND LIMITS THE PERFORMANCE REQUIREMENTS OF BROKER AS SET FORTH HEREIN. BROKER IS NOT REPRESENTING SELLER AS A FULL- SERVICE REAL ESTATE AGENCY BUT RATHER, HAS LIMITED OBLIGATIONS TO SELLER. SELLER ACKNOWLEDGES THAT, UNLESS THIS LISTING AGREEMENT IS OTHERWISE AMENDED IN WRITING. BROKER HAS NO OBLIGATION TO DO ANY OF THE FOLLOWING ON BEHALF OF SELLER: oarrange appointments to show Property to potential buyers (but instead gives cooperating MLS participants authority to make such appointments directly with the Seller); oaccept and present to the Seller agreements of sale for the property (but instead gives cooperating MLS participants authority to present agreements of sale directly to the Seller); oadvise the Seller as to the merits of agreements of sale; oassist the Seller in developing, communicating or presenting counter-offers; and oparticipate on the Seller’s behalf in negotiations leading to the sale of the Property. SELLER ACKNOWLEDGES THAT SELLING THE PROPERTY MAY BE COMPLICATED AND MAY REQUIRE PROFESSIONAL LEGAL OR TAX ASSISTANCE. SELLER ACKNOWLEDGES THAT BROKER IS NOT QUALIFIED OR AUTHORIZED TO GIVE LEGAL OR TAX ADVICE, NOR DETERMINE IF SELLER DESIRES OR NEEDS SUCH ADVICE. SELLER XXXXXX AGREES TO OBTAIN SUCH LEGAL OR TAX ASSISTANCE AS SELLER DEEMS NECESSARY. NO OTHER AGREEMENT, EXPRESSED OR IMPLIED, SHALL BE HELD TO IMPOSE ANY GREATER RELATIONSHIP THAN SET FORTH HEREIN. SELLER WAIVES ANY CLAIM OR CAUSE OF ACTION IT MAY HAVE AGAINST BROKER, ITS AFFILIATES, SHAREHOLDERS, INTEREST HOLDERS, DIRECTORS, OFFICERS, MEMBERS, PARTNERS, EMPLOYEES, AGENTS, REPRESENTATIVES, ADVISORS OR ATTORNEYS, SUCCESSORS AND ASSIGNS RESULTING OUT OF ANY ACT OR OMISSION OF BROKER. SELLER ACCEPTS THE RESPONSIBILITY TO COMPLY WITH ALL ORDINANCES, REGULATIONS AND STATUTES PERTAINING TO SELLERS OFFER FOR SALE AND SALE OF THE PROPERTY. SELLER DOES NOT WAIVE ANY RIGHTS GUARANTEED BY THE REGULATIONS AND STATUTES OF THE DISTRICT OF COLUMBIA WHICH CANNOT BE VOLUNTARILY WAIVED. SELLER ACKNOWLEDGES THAT SELLERXXXXXX’S ADDRESS AND PHONE NUMBER WILL BE PUBLISHED IN THE MLS AND OTHER AFFILIATED WEBSITES RELATED TO MARKETING THE HOME LISTING.

Appears in 1 contract

Samples: Exclusive Right to Sell Real Estate Contract

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