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The document is an Agreement and Release between two parties regarding a real estate transaction. It outlines the history of offers and counteroffers related to a property listing, culminating in a release of claims by the Releasor against the Releasee. The Releasor acknowledges receipt of consideration for this release and confirms understanding of her rights, having received independent legal advice. Additionally, it includes indemnification clauses and mutual covenants not to sue each other concerning the matters released.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Why would a seller withdraw a listing?

The status of Withdrawn by Seller should be used when a seller changes their mind about selling, but the listing agent does not release them from their listing contract. Properties in Withdrawn by Seller may not be marketed or shown.

What is a release clause in real estate?

A release clause is a stipulation on a loan that allows for the removal of any liens on a property that is part of a blanket mortgage. A blanket mortgage allows developers, builders, and investors the ability to group multiple residences under one mortgage.

What is a released listing?

Release of listing: There is no longer an active listing agreement between the listing agent and seller.

What is an agreement and release?

A property release form is a legal agreement between an owner of the property and a third party (usually, a photographer) allowing the latter to use the photographs or videos of the property for commercial or personal purposes.

What is a release on a property?

The deed of release is proof that youve paid off your mortgage and you fully own the property.

What is a listing release?

This releases the listing so the seller may relist with another company but protects your commission if the property is sold to someone you showed the property to or who wrote an offer on the property between the listing and the withdrawal date.

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