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Exclusive authorization and right to sell

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Shared by: Cristal O
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1/17/2008
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Exclusive authorization and right to sell. In consideration of the services of _________, called broker in this agreement, I employ broker, exclusively and irrevocably, for the period beginning _________[date] and ending at midnight, _________[date], to sell the property situated in _________, County of _________, _________, described as follows: _________; and I grant broker the exclusive and irrevocable right to sell the property within that time for $_____ and to accept a deposit on it _________. Terms: _________. I agree to pay broker as commission _____% _________ of the selling price if the property is sold during the term of this agreement or any extension of it by broker or by me or by another broker or through any other source. If the property is withdrawn from sale, transferred, or leased during the term of this agreement or any extension of it, I agree to pay broker the agreed percent of the above listed price. If a sale, lease or other transfer of the property is made within three months after this authorization or any extension of it terminates to parties with whom broker negotiates during the term of this agreement or any extension of it and broker notifies me in writing of such negotiations, personally or by mail, during the term of this agreement or any extension of it, then I agree to pay the agreed commission to broker. Evidence of title shall be a _________ standard coverage form policy of title insurance to be paid for by _________. If deposits or amounts paid on account of purchase price are forfeited, broker shall be entitled to onehaal of them, but not to exceed the amount of the commission. I acknowledge receipt of a copy of this agreement. Dated _________. _________[city and state]. _________[Address of owner] _________, Owner _________[city], _________[zip], _________[phone] In consideration of the execution of the foregoing, the undersigned broker agrees to use diligence in procuring a purchaser. _________[Address of broker] _________, Broker _________[city], _________[zip], _________[phone] By _________ Size of parcel: _________ Loan information: _________ Taxes: $_____ per year
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