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A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:
A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental ...
The option gives the tenant the right (but not the obligation) to purchase the property at a later date. The lease option only binds the seller to sell, it does not bind the buyer to buy. That makes it a "unilateral" or one-way agreement. In contrast, a lease-purchase is a bilateral, or two-way, agreement. The basic elements of a lease-option ...
Map showing the 1842 Treaty of La Pointe land cession area of what now is Minnesota's portion of Lake Superior, Wisconsin and Michigan. The first treaty of La Pointe was signed by Robert Stuart for the United States and representatives of the Ojibwe Bands of Lake Superior and the Mississippi River on October 4, 1842 and proclaimed on March 23, 1843, encoded into the laws of the United States ...
A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s ...
Today, delta-8 and other hemp-derived intoxicants make up a $28 billion industry with little to no government oversight. The industry was born after the 2018 Farm Bill legalized the sale of hemp ...