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Listing
Listing An employment contract between principal and agent that authorizes the agent (such as a broker) to perform services for the principal and his property.
RELATED TERMS--------------------------------------
Contract
A legal agreement between entities that requires each to conduct (or refrain from conducting) certain activities.
Principal
1) The outstanding balance of a loan. 2) A party to a real estate transaction. 3) The head of a real estate firm.
Agent
Person authorized to act on behalf of another in dealings with third parties.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
SIMILAR TERMS--------------------------------------
Listing agent
The broker employed by the principal to market the property.
Listing agent questionnaire
A form to be filled out by the listing agent or the seller answering typical questions regarding the condition of the property.
Listing agreement
Agreement between a property owner and a real estate broker, authorizing the broker to find a buyer for the property.
Listing broker
The broker in a multiple-listing situation from whose office a listing agreement is initiated, as opposed to the cooperating broker, from whose office negotiations leading up to a sale are initiated.
Listing inventories
The dwellings for sale in a given market.
Listing presentation manual
Used by real estate brokerages to make presentations to listing prospects. A visual aid used in combination with a verbal presentation made by a real estate agent.
PREVIOUS AND NEXT TERMS--------------------------------------
Liquid asset
A cash asset or an asset that is easily converted into cash.
Liquidated damages
An amount predetermined and agreed by the parties to an agreement as the total amount of compensation an injured party should receive if the other party breaches a specified part of the contract.
Liquidation
A sale of a debtor's property, with the proceeds to be used for the benefit of creditors.
Liquidity
The ease with which assets can be converted to cash without loss in value
Lis pendens
A public notice that litigation is pending on a property.
Listing
Listing agent
The broker employed by the principal to market the property.
Listing agent questionnaire
A form to be filled out by the listing agent or the seller answering typical questions regarding the condition of the property.
Listing agreement
Agreement between a property owner and a real estate broker, authorizing the broker to find a buyer for the property.
Listing broker
The broker in a multiple-listing situation from whose office a listing agreement is initiated, as opposed to the cooperating broker, from whose office negotiations leading up to a sale are initiated.
Listing inventories
The dwellings for sale in a given market.
This dictionary contains 6433 terms. |
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