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Lets say youre a real estate agent with an obligation to sell a property to someone. However, at one point, you appoint another real estate agent to take over this responsibility of sale for you. This is what we know as a Conjunction Agreement. Put simply, its a transfer of responsibility from one agent to another.
What is a conjunction in a contract?
A conjunction agreement is a contract that can be drawn up between two real estate agents and a property vendor. This contract allows real estate agent A to transfer their obligation to sell a property to agent B, while ensuring both agents are monetarily compensated for the sale.
What is 50% conjunctional?
However, if the commission is to be split, a conjunctional sale will take place. The arrangement might be 50/50 which means, regardless of which agency sells the property, there will be an even split in commission.
What does conjunction mean in real estate?
A real estate conjunction typically refers to a partnership between two real estate agents on behalf of their agencies, to sell a property. Usually, agency one is appointed by the sellers as the listing agent and lists the property for sale. Agency two supplies a buyer for the purchase.
Customer shall not move, rearrange, disconnect, remove, attempt to repair, or otherwise tamper with any Comcast. Equipment or permit others to do so, and shall
Agreement for Services to be Performed in Conjunction
This agreement made and entered into by and between Kentucky Department of Highways, party of the first part,. 5, and, , party of the second part. 7, WITNESSETH
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